Finance

Hamet Watt, the visionary behind MoviePass, is setting his sights on a new horizon with Share Ventures. As he pivots from the lessons learned in the cinema subscription space, Watt aims to revolutionize venture capital with a fresh focus on health and longevity startups. With nearly $20 million in backing from industry giants, can his…

Boeing has made waves at the Farnborough International Airshow with major orders from Japan Airlines and Korean Air, signaling a strategic response to competition from Airbus. Discover how these new commitments reflect shifting alliances in the aviation industry and what it means for the future of aircraft fleets. Curious about the implications for Boeing’s ongoing…

In a surprising twist following President Biden’s announcement not to run for re-election, Democrats have experienced a staggering fundraising surge, amassing $100 million in just two days. With Vice President Kamala Harris at the forefront, discover how this unprecedented influx of support is shaping the 2024 election landscape and what it means for the Democratic…

Walt Disney World is making headlines with newly introduced discounts aimed at enhancing guest satisfaction and boosting attendance. With ticket prices slashed and budget-friendly hotel rates unveiled, the magic may be back—but what does this really mean for visitors? Discover the latest changes and the reasons behind them that could transform your next trip to…

Discover the inspiring journey of Jaclyn Sienna India, founder of Sienna Charles, as she transformed her dreams into reality. With an impressive roster of high-profile clients, India redefines luxury travel through personal connection and exceptional service. Uncover the secrets behind her bespoke experiences that go beyond mere opulence. What makes her approach stand out in…

Spotify’s latest earnings report reveals a stunning turnaround, showcasing record profits and a significant growth in active users. With CEO Daniel Ek optimistic about the future, what’s behind this remarkable recovery? Delve into the details of their recent price hikes and subscriber gains that have reshaped the company’s trajectory.

Delta Air Lines is under scrutiny as the Department of Transportation investigates extensive flight cancellations tied to a recent global technology outage. With Secretary Buttigieg calling for fair treatment of passengers, the airline grapples with the fallout from a problematic software update. What does this mean for travelers caught in the chaos? Find out more…

General Motors is making headlines with a series of financial updates for 2024 that have surpassed Wall Street expectations. With a notable rise in second-quarter revenue and earnings, the automaker is also adapting its electric vehicle strategy amid market challenges. Discover how these developments, along with a significant pivot in self-driving technology, could reshape GM’s…

A new study raises eyebrows over the increasing prescriptions of GLP-1 drugs to individuals without diabetes, while those with the condition see a decline. As the popularity of these medications continues to rise for weight loss, experts warn of potential shortages and the implications for diabetes patients. What does this shift mean for the future…

A high-profile arrest in the tech world has sent shockwaves through the K-pop industry. South Korean billionaire Kim Beom-su, founder of Kakao, faces serious allegations of stock manipulation linked to a fierce acquisition battle. As details unfold, the implications for Kakao and the K-pop landscape could be monumental. What does this mean for the future…

Amazon’s ambitious venture into the world of Alexa-enabled devices has faced unexpected hurdles, resulting in staggering financial losses. With many users engaging with the devices for simple tasks rather than shopping, the company’s strategy is under scrutiny. As executives consider a shift to a paid Alexa model, doubts linger among engineers about its potential success.…

Wiz’s bold decision to turn down Google’s $23 billion acquisition offer has the potential to shake up the tech industry. As the cybersecurity startup aims for ambitious growth, the implications of this move could resonate beyond Google, possibly steering Microsoft towards its own strategic shifts. What does this mean for the future of cybersecurity investments?…

A recent report unveils troubling practices by pharmacy-benefit managers (PBMs) that could impact your access to affordable medications. As a major player in managing prescription drug plans, these entities may be steering patients towards higher-priced options while curtailing their choices. What does this mean for your healthcare? Discover the implications of this investigation and the…

As major banks navigate the challenges of soaring interest rates and inflation, they are preparing for potential credit risks like never before. With substantial provisions set aside for potential losses, the financial landscape is shifting. What does this mean for consumers and the future of lending? Discover the complexities facing banks and borrowers alike in…

McDonald’s is stepping back from its association with former President Trump after his recent photo op at a Pennsylvania location. Despite the buzz, the fast-food giant insists it remains nonpartisan as the 2024 election heats up. What implications does this have for the brand and its franchisees? Dive into the details of this unusual political…

Hims & Hers is making waves in the healthcare sector with the addition of Kåre Schultz, a prominent figure from Novo Nordisk, to its board of directors. As the company aims to revolutionize access to health solutions, its stock has already climbed 125% this year. What does Schultz’s vision mean for the future of telehealth…

Johnson & Johnson is making a bold move to expand the potential of its ketamine-based drug, Spravato, as a standalone treatment for those battling treatment-resistant depression. With shocking statistics revealing that a significant portion of the 280 million people suffering from major depressive disorder face challenges with traditional therapies, the stakes are high. Could this…

In a stunning turn of events following President Biden’s announcement not to seek re-election, Democrats are witnessing an unprecedented surge in fundraising. Over the span of just two days, donors have poured $100 million into their campaign efforts, with Vice President Kamala Harris’s launch breaking records. What does this mean for the 2024 race? Dive…

A prominent South Korean billionaire and tech mogul is entangled in a scandal as he faces allegations of stock price manipulation linked to a major K-pop agency. With an arrest warrant issued amid fears of evasive actions, the founder of Kakao maintains his innocence. Discover the unfolding drama behind the scenes of the K-pop industry…

Apple is rethinking its approach to original content on Apple TV+, having invested around $20 billion amidst concerns over viewer retention and recognition. With executives discussing new strategies to rein in spending, the future of Apple’s streaming ambitions may be shifting. What does this mean for the platform’s lineup and its place in the competitive…

A recent investigation unveils alarming practices by pharmacy-benefit managers that limit medication options and push patients toward higher costs. With a crucial hearing on the horizon, the findings could have significant implications for how prescriptions are managed in the U.S. Discover what this means for your medication choices and healthcare expenses.