Business

Get the latest updates on the business world, from corporate news and startup trends to industry developments and market-leading companies shaping the economy.

Disney-Prepares-Leadership-Shift-as-James-Gorman-Steps-In-as-Chairman

Business

4 months ago

Disney Prepares Leadership Shift as James Gorman Steps In as Chairman

In a key leadership change, Disney has appointed James Gorman as its next board chairman, starting January 2024, as the company gears up for a new chapter in leadership. Gorman, who joined

Trump-Media-Co-Founders-Sell-Nearly-$100-Million-in-Stock-Following-Lockup-Expiration

Business

4 months ago

Trump Media Co-Founders Sell Nearly $100 Million in Stock Following Lockup Expiration

The co-founders of Trump Media & Tech Group, Andrew Litinsky and Wesley Moss, who were instrumental in launching the Truth Social platform, have reportedly sold nearly all their shares in the company.

DirecTV-Acquires-Dish-Network-in-Long-Awaited-Merger

Business

5 months ago

DirecTV Acquires Dish Network in Long-Awaited Merger

DirecTV announced on Monday that it will acquire rival Dish Network, marking the conclusion of decades of on-and-off merger discussions between the two satellite TV providers. Both companies have struggled to retain

HSBC Reports 3% Workforce Reduction and Stable Bonus Pool

HSBC’s headcount fell by 3% in 2024 while its staff bonus pool remained largely unchanged, according to the bank’s financial report issued on Wednesday. The Asia-focused lender continues to focus on cost-cutting

16 hours ago

Business

JetBlue Seeks New Airline Partnership After DOJ Block

JetBlue Airways announced on Wednesday that it is in discussions with multiple airlines to establish a new partnership and is prepared to allocate additional funds to secure a deal. Exploring New Partnerships

17 hours ago

Business

Southwest Airlines Announces First-Ever Mass Layoffs

Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — marking the first mass layoffs in the company’s history. Details of the Workforce Reduction The layoffs,

2 days ago

Business

Coca-Cola Enters the Prebiotic Soda Market with Simply Pop

Prebiotic sodas are trending, and Coca-Cola is joining the craze with its latest launch: Simply Pop. The new beverage line, under the Simply Beverages brand, offers Coca-Cola’s first-ever prebiotic soda, promising “real

2 days ago

Business

Blue Origin’s New Glenn Completes First Test Flight

The 320-foot-tall (98-meter-tall) New Glenn rocket successfully lifted off for the first time on January 16 from Florida’s Space Coast. The test flight achieved its primary objective, delivering a test version of

6 days ago

Business

JP Morgan Struggles With Office Space as It Ends Remote Work

JP Morgan Faces Space Crunch in London HQ JP Morgan is facing a shortage of desk space at its Canary Wharf headquarters as it pushes its 22,000 UK employees to return to

7 days ago

Business

GM Plans to Offset Up to 50% of Trump’s Auto Tariffs

General Motors (GM) CEO Mary Barra said Tuesday that the company has contingency plans in place to mitigate between 30% and 50% of the potential tariffs President Donald Trump is threatening to

1 week ago

Business

Nokia Appoints Justin Hotard as New CEO Amid AI Shift

Nokia (NOKIA.HE) announced on Monday that Pekka Lundmark will step down as CEO, with Justin Hotard set to take over the role on April 1. Hotard, an executive at Intel (INTC.O), brings

1 week ago

Business

Meta Lays Off 4,000 Workers in Latest Cost-Cutting Move

Meta is laying off thousands of employees as part of its latest push for higher productivity, according to a Business Insider report. The cuts, affecting about 5% of the company’s workforce, will

1 week ago

Business

UK Retailers Urge Government to Close Tax Loophole

Retailers and tax campaigners are calling on the UK government to close a loophole that allows companies like Shein and Temu to flood the market with cheap imports, avoiding taxes and undercutting

2 weeks ago

Business

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Business

Disney Prepares Leadership Shift as James Gorman Steps In as Chairman

DirecTV Acquires Dish Network in Long-Awaited Merger

HSBC Reports 3% Workforce Reduction and Stable Bonus Pool

JetBlue Seeks New Airline Partnership After DOJ Block

Southwest Airlines Announces First-Ever Mass Layoffs

Coca-Cola Enters the Prebiotic Soda Market with Simply Pop

Blue Origin’s New Glenn Completes First Test Flight

JP Morgan Struggles With Office Space as It Ends Remote Work

GM Plans to Offset Up to 50% of Trump’s Auto Tariffs

Nokia Appoints Justin Hotard as New CEO Amid AI Shift

Meta Lays Off 4,000 Workers in Latest Cost-Cutting Move

UK Retailers Urge Government to Close Tax Loophole

Latest Posts

Tariff Anxiety Drives Doom Spending Among Americans

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HSBC Reports 3% Workforce Reduction and Stable Bonus Pool

JetBlue Seeks New Airline Partnership After DOJ Block