Former Treasury Secretary Steven Mnuchin is forming an investment group to buy ByteDance’s TikTok, as a…
Category: Business
Breaking News: Hilcorp Faces $452,100 Fine from Alaska Commission for North Slope Oil Site Violations
Hilcorp has been fined $452,100 by Alaska’s oil and gas regulatory commission for rule violations on…
Alabama Power Listens to Customers, Postpones Non-Payment Disconnection Deadline
According to a statement issued on Wednesday, Alabama Power is now receiving a large surge in…
Unexpected Twist: Meta’s Multi-Billion Expenditure Linked to Office Shutdowns and Layoffs Uncovered
Last year, Meta lost $16.1 billion on its “Reality Labs” division, which makes products like the…
Elon Musk’s Big Statement “Never incorporate your company in the state of Delaware”, Will Shift Incorporation to Texas
Elon Musk, Tesla’s CEO, has announced plans to change the state of incorporation to Texas. “The…
Tesla’s shareholders be on alert: Shares drop 6% on poor vehicle revenue, warning of 2024 slow growth
Tesla’s fourth-quarter revenue and earnings fell short of analyst expectations, with only a 1% gain in…
Macy’s will close its five stores and remove 2,300 jobs, about 3.5% of its staff
On Thursday, Macy’s announced plans to reduce its personnel by 3.5% and eliminate five mall sites…
Apple watches no longer have blood oxygen sensors. What does this mean?
Only a month ago, Apple delayed US sales of its new Watch Series 9 and Ultra…
Judge blocks JetBlue’s $3.8B Spirit Airlines takeover for competition concerns
A federal judge sided with the Biden administration on Tuesday, blocking JetBlue Airways’ $3.8 billion acquisition…
Burger King will buy its largest US franchisee for approximately $1 billion
Burger King’s parent company is buying out its largest franchisee in the United States for almost…