Hermès is rewarding the hard work of its staff worldwide with bonuses, which has become a regular practice for the luxury fashion house.
Industry
Electric Truck Maker Nikola Files for Chapter 11 Bankruptcy Amid Market Struggles
Nikola files for Chapter 11 bankruptcy after struggling with cash flow, leadership changes, and market challenges.
February 28 Economic Blackout: How a One-Day Spending Freeze Can Shake Retailers
February 28 Economic Blackout aims to send a powerful message as Americans halt spending for 24 hours to protest corporate rollbacks on DEI initiatives.
Denny's Expands Closure Plans: Up to 178 Locations Will Shut Down in 2025
Denny's plans to close up to 178 locations by 2025 due to aging buildings and underperformance, surpassing initial closure targets.
Washington Post Rejects Advocacy Groups' Anti-Elon Musk Ad After Initial Approval
The Washington Post rejected an anti-Elon Musk ad after initially approving it, sparking concerns over corporate influence and press independence.
Latest News
Broadcom and TSMC explore potential acquisitions of Intel assets, sparking industry and national security concerns.
Protesters across the US rally against Elon Musk's political influence, urging people to sell Teslas and challenge his involvement in government operations.
US and India aim to double bilateral trade to $500 billion by 2030, addressing tariffs, defense, and energy cooperation.
Blue Origin lays off 10% of its workforce to streamline operations after the successful New Glenn launch.
Airbnb seems to be on its way to growing its portfolio, announcing that it will reveal new businesses it plans to launch and scale
Meta's layoffs targeting "low performers" spark backlash, with former employees questioning the company's AI shift.
BYD introduces its "God's Eye" advanced driver-assistance system for EVs under $10,000, boosting affordability and competition in China's auto market.
Merck is in final talks to acquire US biotech firm SpringWorks, a deal that could boost its cancer treatment pipeline.
T-Mobile launches satellite-to-cell service with SpaceX's Starlink to eliminate mobile dead zones and offer text messaging in remote areas.
