Southwest Airlines adjusts its 2024 operational and financial plans with revised revenue growth forecasts, while United Airlines also halts pilot hiring amidst industry-wide concerns over Boeing's quality control crisis.
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Japanese Drugmaker Shionogi Anticipates 2025 US Launch of Xocova COVID-19 Pill Amid Japan's Funding Cuts
Shionogi preps U.S. launch of Xocova for 2025 amid Japan's funding cuts for COVID meds. Pfizer's Paxlovid shows declining real-world efficacy.
Retail Giants Like T.J. Maxx Report Multiple Theft Cases From Organized Crime Rings
Retail giants face a growing threat from sophisticated organized crime rings, exemplified by a San Diego businesswoman's lucrative scheme involving stolen cosmetics sold on Amazon, prompting heightened security measures.
Russia's Sokol Crude Backlog Near Clearing as China Emerges as Key Importer
Russia's Sokol crude faces a backlog, with tankers stranded off Singapore and South Korea due to US sanctions. China emerges as a key importer, aiding clearance.
UniCredit Increases Bonus Pool to $140 Million for Top Executives After Record Profits
The 12% increase in employee bonuses followed a year of exceptional financial performance, during which time approximately €128 million ($140 million USD) was allocated for bonuses.
Latest News
Despite global toy industry struggles, Lego thrives with 2% sales growth in 2023, focusing on China expansion and digital initiatives for sustained success.
The Insurance Institute for Highway Safety (IIHS) recently assessed advanced driver assistance systems like Tesla Autopilot, with 11 out of 14 systems receiving a "poor" rating, prompting the need for standardized safety measures.
Boeing whistleblower John Barnett died after raising concerns about the aircraft maker's production standards.
The new Apple Shenzhen laboratory will improve the testing and research of devices like iPhones and iPads in China as part of its efforts to boost product quality amidst declining sales in the region.
Former President Donald Trump confirmed that he had recently met with Elon Musk, but they disagreed about electric vehicles (EVs).
Russia's President Vladimir Putin could decide to increase taxes after this month's election to fund the country's war in Ukraine.
The Body Shop has ceased operations in the US and is closing dozens of stores in Canada and the UK amid deepening financial troubles.
Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.
Airbnb has announced a worldwide ban on the use of indoor security cameras in listed properties. Airbnb announced on Monday a worldwide ban on the use of indoor security cameras in listed properties.
