Finance

Abigail Disney is back in the political game! Following President Biden’s withdrawal from the 2024 race, the heiress has announced her renewed donations to the Democratic Party. Discover why she’s backing Vice President Kamala Harris and what this means for the upcoming election.

A significant rally unfolded in South Korea as Samsung employees rallied for better working conditions and wages, marking the third week of their ongoing strike. With roughly 1,200 members participating, the demonstration highlights escalating tensions between the National Samsung Electronics Union and the tech giant. As Samsung celebrates record profits and revenue growth, workers are…

Wiz’s surprising decision to walk away from a massive $23 billion acquisition deal with Google could shake up the tech landscape. As the cybersecurity startup sets its sights on ambitious growth plans, the implications for industry giants like Microsoft are profound. What does this mean for the future of cybersecurity investments and competition? Dive into…

As major banks navigate the highest interest rates in two decades, they are ramping up provisions for potential loan losses. This shift reflects a cautious outlook amid rising consumer debt and economic uncertainties. Dive into the implications of these trends and what they mean for borrowers and the banking sector as a whole.

As the real estate market shifts, an unsettling trend emerges: more buyers are pulling out of home purchases. With rising costs and heightened selectivity, the stakes have never been higher. What factors are driving this dramatic increase in cancellations? Discover the insights behind the numbers and what it means for the future of homeownership in…

After the rise and fall of MoviePass, co-founder Hamet Watt is embarking on a new journey with Share Ventures. This innovative studio aims to harness cutting-edge technology and funding to develop startups focused on the future of work and longevity. Discover how Watt plans to transform challenges into opportunities in the evolving venture landscape.

Boeing celebrates a major milestone with exciting new orders for its 787 Dreamliner and 777 aircraft, rekindling partnerships with Japan Airlines and Korean Air. As the Farnborough International Airshow kicks off, the aviation giant sees a promising rebound amidst tough competition. Discover what these strategic moves mean for the future of both airlines and the…

Heiress Abigail Disney is set to resume her financial support for the Democratic Party, igniting conversations around the future of the party’s leadership. What prompted her change of heart, and how does it tie into the Democratic race? Discover her thoughts on the current political landscape and the challenges ahead.

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!