Joann Fabrics, a stalwart in the industry for 80 years, faces bankruptcy due to overwhelming debt. However, with new financing, it aims for a swift restructuring to maintain operations.

United Airlines CEO Scott Kirby assures that they prioritize safety amid recent flight problems concerning Boeing planes, pledging improvements in training and procedures to return trust in the aviation industry.

Federal Reserve and European Central Bank are set for major interest rate cuts, with BIS Chief Carstens noting progress in addressing inflation while cautioning central bankers to remain vigilant.

Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead.

Uber settles a landmark $272 million class action lawsuit with Australian taxi operators after a five-year legal battle.

Chip giant Taiwan Semiconductor Manufacturing Co. (TSMC) is reportedly considering building advanced packaging capacity in Japan.

Mark Fields, the former CEO of Ford, has expressed concerns about the financial challenges that EV startups may face due to slow adoption and unexpected obstacles.

After the US House and Senate overwhelmingly voted for a TikTok ban bill, concerns of potential retaliation from China emerged, particularly those heavily reliant on the Chinese market like Apple and Tesla.

The recent settlement announced by the National Association of Realtors is set to address concerns about inflated home prices and introduce fairer practices, including negotiable commissions and increased transparency, benefiting both buyers and sellers.

Microsoft is prompting users to switch to Bing by injecting pop-up ads into Google Chrome on Windows, causing users to question their legitimacy and intrusiveness.