TKO Group settles UFC class action lawsuits for $335 million, a landmark victory for fighters battling wage suppression and unfair employment practices.
Industry
Planet Fitness Stock Price Takes Hit as Boycott Gains Momentum over Controversial Transgender Locker Room Policy
Planet Fitness faces stock plunge amid transgender locker room policy controversy after Alaska incident. Critics call for a boycott, accusing prioritization of political correctness. Company defends policy.
Gucci Predicts 20% Sales Drop in Q1 Earnings Amid Asia Slowdown
Gucci's anticipated 20% sales drop in the first quarter of 2024, attributed to an Asia slowdown, prompts parent company Kering to revamp management and introduce new collections.
Cathay Pacific Elevates Inflight Dining Experience With Michelin-Starred Louise’s French Classics
Cathay Pacific is enhancing its inflight dining experience by collaborating with JIA Group's Michelin-starred French restaurant Louise to introduce a fresh perspective on traditional French cuisine.
Gold Prices Soar to New Record Highs — Experts Say Prices Will Continue to Rise With China as Top Buyer
Gold prices surged to a new all-time high on Thursday, and experts predict they will rise further. Gold prices surged to a new all-time high on Thursday, signaling a continued rally driven by some factors, such as increased bullion buying by central banks.
Latest News
Boeing revises its 2024 earnings outlook downwards as it plans to increase cash spending in the first quarter to address quality issues with its 737 aircraft, leading to a departure from the initial $10 billion estimate.
Following McDonald's recent technical incident, Greggs were similarly forced to close stores in the U.K. after a glitch affected their payment systems.
Tesla achieves milestones at Gigafactory Texas, producing 1,000 Cybertrucks worth of 4680 battery cells weekly, marking significant progress in meeting demand.
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
The new Microsoft-TESDA partnership will enable more than 100,000 women in the Philippines to gain artificial intelligence (AI) and cybersecurity skills.
New Zealand announced Wednesday that it would soon ban single-use vapes and raise penalties against those who sell these disposable e-cigarettes and tobacco cigarettes to minors.
Citigroup has sold its non-US consumer business operations in nine out of 14 regions and "substantially wound down" three more in Korea, Russia, and China.
Sam Bankman-Fried's defense team said the Department of Justice's "disturbing" sentencing letter last week misrepresented the FTX founder.
Elon Musk has made a bold claim that artificial intelligence (AI) may be smarter than all humans combined by 2029.
