Finance

Hamet Watt, the co-founder of MoviePass, is setting his sights on a new horizon with Share Ventures, raising nearly $20 million to foster innovative startups. Discover how he’s leveraging lessons from his past and a passion for health to create a differentiated model in today’s evolving landscape. What challenges and opportunities await this new venture?…

Delta Air Lines faces a major crisis as it deals with the aftermath of a significant software outage, leading to the cancellation of thousands of flights. What does this mean for travelers and how is the airline responding to the chaos? Discover the implications and the steps being taken to address the disruptions. Click to…

Heiress Abigail Disney is making waves in the political arena as she reaffirms her financial support for the Democratic Party following President Biden’s withdrawal from the 2024 race. With a bold stance on Vice President Kamala Harris, Disney’s insights on party dynamics and donor influence add a compelling twist to the upcoming election landscape. What…

In a surprising turn of events, just after President Biden’s announcement not to seek re-election, the Democratic Party saw an explosive fundraising surge, amassing $100 million in just two days. The momentum suggests a fierce battle ahead for the upcoming election – and it’s all centered around Vice President Kamala Harris’s campaign launch. Dive into…

McDonald’s has rolled out a $5 meal deal that’s sparking debate over profitability. While designed to attract budget-conscious diners amid rising inflation, analysts warn that this combo may come with slim profit margins. Could this be a clever strategy to drive traffic, or just a promotional play that leaves franchise owners feeling the pinch? Dive…

A high-profile arrest shakes the South Korean tech and entertainment sectors as billionaire Kim Beom-su, founder of Kakao, faces allegations of stock manipulation involving a major K-pop agency. With claims of wrongdoing swirling, the implications for both Kakao and the broader industry are significant. What does this mean for the future of the company and…

As consumer preferences shift towards healthier options and weight loss solutions, soda sales are taking a hit — and major beverage companies are feeling the pressure. Amidst this evolving landscape, Coca-Cola reports surprisingly strong earnings, while McDonald’s faces legal challenges tied to an E. coli outbreak. Discover how these industry giants are adapting to changing…

As interest rates soar to heights not seen in twenty years, major banks are preparing for a storm. With rising provisions for credit losses and growing consumer debt, the landscape is shifting. Will these financial giants weather the oncoming challenges, or are we on the brink of a crisis? Dive into the details behind the…

In a surprising shift within the real estate market, nearly 15% of home purchase agreements were canceled last month, a trend that’s leaving both buyers and agents reeling. With soaring prices and rising mortgage rates, many prospective homeowners are feeling the pressure to hold out for more favorable conditions. What’s driving this unprecedented wave of…

Major shifts are underway in both the fast-food industry and the stock market, as McDonald’s grapples with a lawsuit linked to an E. coli outbreak. Meanwhile, the Nasdaq is seeing gains in response to political developments and tech advancements. What does the future hold for these sectors? Dive into the full story for intriguing insights…

Sam Altman is shaking up the conversation around poverty and employment with his groundbreaking basic income study. With unconditional cash payments for those living below the poverty line, the findings reveal surprising impacts on job choice and personal agency. What did participants gain from this financial support, and how did it reshape their life choices?…

Ryanair’s recent quarterly earnings report has left investors reeling, showcasing a stark decline in profits despite an increase in passenger traffic. With rising labor costs and delays from Boeing, CEO Michael O’Leary shares insights into the challenges facing the budget airline and how they may reshape its future. What does this mean for your next…

Johnson & Johnson aims to change the landscape of depression treatment with its latest move. The company has submitted a new application to the FDA for its ketamine-based drug, Spravato, to be used on its own for patients battling resistant depression. Could this be the breakthrough many have been waiting for? Discover what the latest…

Delta Air Lines is under scrutiny from the Department of Transportation after a massive tech outage led to thousands of flight cancellations. With passenger complaints piling up, what does this mean for travelers? Meanwhile, McDonald’s faces a lawsuit linked to an E. coli outbreak. Click to uncover the full story behind these disruptions.

General Motors is making headlines with a major revision to its 2024 financial projections, surpassing Wall Street’s expectations. With increased earnings forecasts and unexpected revenue surges, the automotive giant is readying itself for exciting changes. CEO Mary Barra shares insights on new vehicle launches and the strategic shift regarding autonomous technology. What does this mean…

A high-profile arrest sends shockwaves through South Korea’s K-pop and tech industries. Kim Beom-su, a billionaire mogul and founder of Kakao, faces serious allegations regarding stock manipulation connected to a major K-pop agency. What does this mean for the future of Kakao and the K-pop landscape? Click to uncover the details behind this unfolding scandal.

Wiz’s surprising decision to forgo Google’s $23 billion acquisition could reshape the landscape of the tech industry and cybersecurity. As the company pivots towards ambitious growth plans, what does this mean for giants like Microsoft and the broader market? Dive into the implications of this bold move and what it could signal for the future…

A new investigation reveals troubling practices by pharmacy benefit managers (PBMs) that could be driving up prescription drug costs for patients. Are you aware of the hidden influences shaping your medication choices? Dive into the findings that expose the intricate web of pricing and access in the pharmaceutical industry. Discover how these powerful middlemen are…

In a surprising twist, the real estate market is witnessing a dramatic rise in buyers pulling out of home purchase agreements. With record-high prices and soaring mortgage rates, many are reconsidering their decisions due to unmet expectations. What factors are driving these changes? Discover the insights and implications behind this trend.

Delta Air Lines faced a tumultuous start to the week as a major software outage left thousands stranded. Flight cancellations and delays compounded over the weekend, affecting travelers globally and sparking responses from industry leaders. What does this mean for future travel plans and passenger rights? Dive into the details behind the chaos and find…

Boeing’s latest announcement at the Farnborough International Airshow marks a pivotal moment with significant orders from Japan Airlines and Korean Air for their 787 and 777 aircraft. As competition with Airbus intensifies, what does this mean for the future of air travel and fleet modernization? Discover the implications of these new partnerships and the evolving…