Category: Business
Hertz and Avis Shares Surge on U.S. Tariff News
Tariff Plans Boost Rental Car Outlook Shares of heavily shorted car rental companies Hertz and Avis Budget Group soared on Thursday after U.S. President Donald [more…]
AI Boosts Secondhand Fashion Sales Amid Market Shift
Resale Market Grows Four Times Faster Than Retail Artificial intelligence is driving a surge in secondhand fashion sales, with global resale figures rising 15% in [more…]
Mark Zuckerberg Faces Backlash Over Meta Layoffs
Mark Zuckerberg, CEO of Meta Platforms (META), has recently been in the spotlight, facing criticism for multiple decisions, including ending Facebook’s fact-checking policy and replacing [more…]
German Car Brands Lose Ground to Chinese Automakers
German car brands have long dominated the Southeast Asian market, but their market share is declining as Chinese automakers make significant inroads. In Singapore, the [more…]
Adidas Plans Up to 500 Job Cuts to Simplify Operations
Restructuring Aims to Streamline Business Adidas plans to lay off up to 500 employees at its headquarters in Herzogenaurach, Germany, as part of an effort [more…]
Ford Unveils Mustang GTD “Spirit of America” Special Edition
Ford Unveils Mustang GTD “Spirit of America” Special Edition Ford Motor Company revealed a special edition of its $325,000 Mustang GTD, called the “Spirit of [more…]
Jess Phillips: Musk’s Disinformation Endangering Safety Amid Grooming Gangs Inquiry Debate
Disinformation Allegations Safeguarding minister Jess Phillips has accused tech billionaire Elon Musk of spreading “disinformation” that endangers her safety. Musk, a key adviser to President-elect [more…]
McDonald’s Scales Back Diversity Practices Following Supreme Court Ruling
Shift in DEI Strategies Four years after launching ambitious diversity initiatives, McDonald’s is scaling back some of its diversity, equity, and inclusion (DEI) practices in [more…]
Japan Airlines Restores Operations After Cyberattack Disrupts Flights
Japan Airlines (JAL) announced on Thursday that its systems were back to normal following a cyberattack that caused delays for some domestic and international flights. [more…]
FDA Issues Highest-Level Recall for Kirkland Brand Eggs Over Salmonella Risk
The Food and Drug Administration (FDA) has escalated a recall involving Kirkland Signature Organic Pasture Raised 24-Count Eggs to a Class I recall, the agency’s [more…]
