Burberry Prepares to Cut Jobs Due to Plummeting Sales

Burberry Prepares to Cut Jobs Due to Plummeting Sales

British luxury clothing retailer Burberry announced that it was making hundreds of jobs redundant after allegedly initiating a restructuring program as a reaction to a drop in profits.


United Boeing 757 Safely Lands After Losing Wheel On Takeoff

A United Airlines Boeing 757 lost a landing gear wheel while taking off from LAX on July 8, but safely landed in Denver with no further incident.

[UPDATE] Bitcoin Drops as Mt. Gox Starts Repaying Creditors $9 Billion After 10-Year Bankruptcy

Bitcoin dropped 5.2% to $54,313 due to concerns over Mt. Gox's $8-9 billion Bitcoin repayment and other market sentiments that have contributed to increasing market supply and volatility.

Wall Street Sees Election as Threat to Now-Normal US Economy

Analysts believe the US economy is returning to pre-pandemic norms, but election uncertainties may bring volatility due to potential shifts in economic policies based on electoral results.


Latest News

Donald Trump's Son Eric Trump to Pursue More Gulf Deals Amid His Father’s Re-Election Bid
Eric Trump has reportedly revealed the Trump Organization's intentions to expand its real estate and hospitality ventures in the Middle East, even as his father, former President Donald Trump, seeks re-election.
Epic Games Vows to Dispute Apple's User Interface Change Demand
Epic Games has announced its intention to challenge Apple's demand regarding changes to its user interface.
TSMC Shares Rise Despite Expectations of Tighter 2025
Shares of the TSMC rose to a record intraday high in Taipei’s stock market after Morgan Stanley and other brokers boosted price targets on the company before its earnings.
US National Debt on Pace to Reach Record-Setting Level in the Next 4 Years
The United States (US) is reportedly on the path to encountering an unprecedented level of national debt in the next four years.
Boeing Firefighters Approve New Contract Deal With Big Pay Hikes, Ending Weeks-Long Lockout
Boeing would reportedly plead guilty to one count of conspiracy to defraud the US and pay up to $487 million in penalties to avoid prosecution.
argentina beef
Beef-loving Argentines are cutting down on steaks as the economy slumps, lowering cattle consumption to a historic low.
electric vehicle battery
Major South Korean battery producer SK On is in crisis amid weak electric car sales of its clients in the US and Europe.
How Amazon Prime Members Can Unlock Hidden Whole Foods Discounts
As an Amazon Prime member, you may be missing out on a variety of exclusive discounts at Whole Foods that can help you save even more on your grocery shopping.
How Is Quality Ensured in Lot Release Testing?
This article explores how quality is ensured in lot release testing, the processes involved, and the impact of these measures on the biopharmaceutical industry.
Why Is Leadership Important in Biosimilar Manufacturing?
This article explores why leadership is essential in biosimilar manufacturing and how it influences the success of these complex products.
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