Industry
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.
Southwest and United Airlines Heavily Affected By Boeing Delivery Delays
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.