Retail sales rose at healthy pace last month in latest sign of US economy’s health
Retail sales in the United States rose at a healthy pace last month, signaling continued strength in the economy despite concerns about inflation and rising…
Category: Business
Consulting firm McKinsey to pay $650 million to resolve US opioid charges
McKinsey & Company, one of the world’s leading consulting firms, has agreed to pay a staggering $650 million to resolve investigations into its role in…
Tech companies most threatened by Trump are donating to his inauguration fund
In a surprising turn of events, several major tech companies that have openly criticized former President Donald Trump’s policies and rhetoric are now donating substantial…
Amazon donating $1 mln to Trump inaugural fund, to air event on Prime Video
Amazon has made headlines with its announcement to donate $1 million to the inaugural fund of former President Donald Trump, as the company plans to…
Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring
Warner Bros. Discovery (WBD) experienced a significant boost in its stock price, with shares rising by 15% after the company revealed plans to restructure its…
Google’s breakthrough Willow chip means we’ll get useful quantum computers sooner than some people feared
Google has unveiled its breakthrough quantum computing chip, Willow, marking a significant step forward in the development of practical quantum computers. This new chip promises…
Macy’s ends delivery expense investigation, saying employee hid $151 million
Macy’s, one of the largest department store chains in the United States, has concluded its internal investigation into an issue regarding unexplained delivery expenses, revealing…
China’s CATL to build $4.3bn battery factory with Stellantis in European expansion
In a significant development for the electric vehicle (EV) industry, Chinese battery giant CATL (Contemporary Amperex Technology Co. Limited) has announced plans to build a…
Google unveils Willow quantum computing chip
In a groundbreaking announcement, Google has revealed its new quantum computing chip, Willow, a major step toward revolutionizing the world of technology. The chip, which…
Mondelez Exploring Takeover of US Chocolate Maker Hershey
Mondelez International, the global snack and confectionery giant known for brands like Oreo, Toblerone, and Cadbury, is reportedly exploring a takeover of Hershey, one of…