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.


Latest News

The US is anticipated to intensify restrictions on China amid a potential TikTok ban in the country.
Unlike Biden, Trump opposes the TikTok ban for fear of giving Meta's Facebook platform more power after highlighting it as a major player in politics.
Daniel Hume, a Queensland Health manager, successfully fought for full-time remote work, highlighting improved productivity and family life, with the Queensland Industrial Relations Commission ruling in his favor.
Panasonic Energy is considering a major investment in Kansas amid EV market concerns. The expansion will boost Tesla's 4680 battery production despite slowing demand.
Discussions about a potential TikTok sale prompted interest from tech giants like Microsoft, Meta, Apple, Google, and other companies.
China's decreasing EV demands are forcing EV makers to become more creative. Here are some of the most peculiar add-ons they now offer.
Vinyl records, boosted by Taylor Swift's album "1989 (Taylor's Version)," have reentered the UK's inflation calculations for the first time since 1992, reflecting a surge in sales.
Nvidia is facing a lawsuit filed by three authors alleging unauthorized use of their copyrighted works to train its NeMo AI platform.
Pfizer is shifting its focus from COVID-related products to cancer drugs. Pfizer is shifting its focus on cancer drugs as the pharmaceutical giant tries to recover from a challenging period due to the decline of its COVID-19 business.
The $100 billion free trade agreement will boost exports, investments, and job creation while removing most import tariffs on industrial products from the bloc.
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