Finance

Samsung employees are making their voices heard as they strike for better working conditions and pay. With their protest entering its third week, tensions rise at the tech giant. What impact could this have on the company’s future? Click to find out more about the unfolding situation and its implications for South Korea’s labor landscape.

Johnson & Johnson is taking a significant step in the fight against depression by proposing new uses for its innovative drug, Spravato. This ketamine-based treatment, originally approved for specific cases, could soon be available as a standalone therapy for those struggling with treatment-resistant depression. Discover the potential impact of this groundbreaking application and what it…

Delta Air Lines is under scrutiny as the Department of Transportation investigates how the airline is managing a wave of flight cancellations following a significant tech glitch. With thousands of disruptions affecting travelers, will Delta’s efforts to right the ship be enough? Discover the unfolding situation and what it means for future flights.

Amazon’s ambitious plans for its Alexa-enabled devices are reportedly hitting significant roadblocks, leading to staggering financial losses. Internal documents reveal over $25 billion in setbacks from 2017 to 2021, as users seem to favor basic functions over shopping capabilities. With whispers of a paid Alexa version and a shift towards generative AI, what does the…

A groundbreaking basic income study in the U.S. led by OpenAI CEO Sam Altman has revealed intriguing insights on financial assistance and employment. Over three years, participants received unconditional cash payments, reshaping their job search experiences. Did the financial boost truly alter their career paths? Explore the surprising outcomes and personal stories that challenge traditional…

A historic rally in Yongin saw around 1,200 members of the National Samsung Electronics Union demand better wages and working conditions as their indefinite strike continues. With Samsung’s profits soaring, workers are feeling the pressure. What will this pivotal moment mean for labor movements in South Korea? Stay tuned for insights into the unfolding situation.

McDonald’s latest $5 meal deal is stirring up discussion around its profitability and promotional intent. While aiming to draw in budget-conscious diners, experts warn that the real impact on franchise owners could be more complex than it seems. What does this mean for your next meal? Dive deeper to uncover the potential ups and downs…

The Department of Transportation is stepping in as Delta Air Lines faces scrutiny over handling a massive wave of flight cancellations triggered by a tech outage. With thousands of travelers left in limbo, concerns about passenger rights come to the forefront. How is Delta responding to the fallout? Discover the challenges and measures being taken…

General Motors is making headlines with an impressive boost in its financial outlook for 2024, following a surprising second-quarter performance. With earnings expectations raised and a notable increase in revenues, the company is riding a wave of investor confidence. Discover what else CEO Mary Barra revealed about GM’s strategies for growth, electric vehicles, and its…

Apple’s ambitious push into original content might be facing a reality check. Despite a staggering $20 billion investment in shows and movies, the platform struggles to gain traction among viewers. With internal discussions hinting at a shift away from exorbitant spending, what does the future hold for Apple TV+? Discover the challenges the streaming giant…

A new report reveals troubling practices by pharmacy-benefit managers (PBMs) that could be driving up medication costs for patients. With a significant portion of U.S. prescriptions controlled by a few key players, concerns are rising about access to affordable alternatives. Discover the startling implications of their tactics and what it means for your healthcare choices.

As major banks adjust to a shifting financial landscape with soaring interest rates and persistent inflation, they’re bracing for potential credit losses. Recent reports reveal significant increases in provisions for credit losses from industry giants like JPMorgan Chase and Bank of America. But what does this mean for consumers and the economy? Delve into the…

From the ashes of MoviePass, co-founder Hamet Watt is launching a new venture studio aimed at revolutionizing startups in the fields of future work and longevity. Discover how he’s leveraging technology and personal experiences to redefine the venture capital landscape. What groundbreaking ideas are on the horizon? Click to find out more!

In an effort to revive waning attendance and tackle customer dissatisfaction, Walt Disney World is rolling out substantial discounts on park admissions and hotel stays. With ticket prices dropping significantly and new dining packages on the horizon, are these moves enough to win back visitors? Discover the details behind Disney’s latest strategies and what it…

As the real estate market tightens, buyers are becoming increasingly selective, leading to a dramatic rise in abandoned purchase agreements. Discover the factors driving this trend and what it means for the future of homeownership. Don’t miss the insights from industry experts on the challenges facing today’s homebuyers!

McDonald’s $5 meal deal is sparking interest as a strategy to attract cost-conscious diners. But how profitable can it really be? Discover what industry experts are saying about the potential impact on franchise owners and the broader implications for the fast-food giant. Click to find out more!

The announcement of President Biden’s decision not to seek reelection is sending ripples through the stock market. With Democrats pivoting towards a new candidate and the potential for political instability on the horizon, how will investors respond? Discover the impact on safe-haven assets and the intriguing fate of the “Trump Trade” in this shifting landscape.…

Market movements saw a significant boost on Nasdaq after a surprising political announcement, while key players like Nvidia and Tesla are stirring excitement with their latest developments. Meanwhile, Verizon’s latest earnings report left investors disappointed. What does this mean for the future of these companies? Don’t miss the full story for an in-depth analysis!

A startling investigation sheds light on how pharmacy-benefit managers may be steering patients toward pricier medications while limiting their pharmacy choices. Uncover the implications of these findings as key PBM executives prepare to face Congress. What does this mean for your healthcare options? Find out more.

Hamet Watt, the former co-founder of MoviePass, is embarking on a bold new journey with his venture studio, Share Ventures. With nearly $20 million in backing from major tech players, Watt is aiming to reshape the future of work and longevity. Discover how his past experiences drive his innovative approach and why he believes now…

Sam Altman’s bold venture into the realm of universal basic income has sparked intrigue with a groundbreaking study that could reshape perceptions of financial assistance. With $1,000 monthly payments to selected participants, the results reveal surprising flexibility in employment choices. But did it truly alter their job prospects? Dive into the findings to uncover the…