Amazon Curbs No-Fee Returns as Retail’s ‘Laissez Faire’ Era Fades
Amazon (AMZN) has built its e-commerce empire by making shopping affordable and foolproof. You didn't like the pan you bought on Amazon? No worries, you had free returns. However, the
Google Revamps Search Results for European Users Ahead of Digital Markets Act Implementation
As the Digital Markets Act (DMA) gears up to take effect in March 2024, Google is proactively altering its approach to search results and other products in compliance with the
Boeing Reaches Tentative Deal with Union, Averts Potential Strike
Boeing and the International Association of Machinists and Aerospace Workers (IAMAW) have reached a tentative agreement that could prevent a looming strike, initially set to begin on Friday. The agreement,
Kellogg Shares Surge Amid Reports of $3 Billion Takeover Talks with Ferrero
Shares of WK Kellogg Co soared on Wednesday following reports that Italian confectionery giant Ferrero is in advanced talks to acquire the U.S. breakfast cereal maker in a deal estimated
Coca-Cola Launches Lagos Recycling Hub to Process 13,000 Metric Tons of Plastic Annually
Coca-Cola has inaugurated a new Packaging Collection Hub in Lagos, Nigeria, with the capacity to process up to 13,000 metric tons of plastic bottles each year. The initiative is part
Twitter in Disarray, Closes Offices for the Weekend as Hundreds of Employees Bid Farewell
When Elon Musk took over Twitter, firings were the talk of the town. Contractors were laid off in mass with minimal notice. However now, it seems like the tables have
Medical School is Now Free for Most Students at this Top University After a $1 Billion Donation
Bloomberg Philanthropies has announced a transformative $1 billion donation to Johns Hopkins University, making medical school free for the majority of its students. This significant contribution aims to address the
Adidas Investigates Alleged Large-Scale Bribery Among Senior Staff in China
International sportswear giant Adidas is investigating allegations of large-scale bribery involving senior staff members in China, as reported by the Financial Times (FT). The inquiry follows a whistleblower complaint received
Google Maps to Reflect Name Change of Gulf of Mexico to Gulf of America
Google Maps is set to update its platform to reflect a recent executive order renaming the Gulf of Mexico to the Gulf of America. The change follows a directive signed
Melvin Capital to Shut After Heavy Losses on Meme Stocks, Market Slump
Melvin Capital, once one of Wall Street's most successful hedge funds which then lost billions in the meme stock saga, will shut down after it was hit again by this
PlayStation 5 Pro Will be Bigger, Faster, and Better Using the Same CPU
Rumours surrounding the highly anticipated PlayStation 5 Pro continue to swirl as leaks provide insight into Sony's upcoming gaming console refresh. Leaks suggest that while the PlayStation 5 Pro will
Tesla Unlikely to Manufacture Cars in India, Says Minister
Tesla appears to have dropped plans to set up manufacturing operations in India, according to the country’s Minister for Heavy Industries, HD Kumaraswamy. Speaking on Monday as the Indian government
Billionaire Gautam Adani Indicted in New York on Bribery Charges
Indian billionaire Gautam Adani, alongside seven other executives, has been indicted in New York on allegations of orchestrating a multimillion-dollar bribery and fraud scheme tied to solar energy projects. This
Boeing to Avoid Criminal Trial in U.S. Deal Over Fatal 737 Max Crashes
Boeing will not face a criminal trial over the two deadly crashes involving its 737 Max aircraft, under a proposed agreement with the U.S. Department of Justice (DOJ) that will
Coca-Cola Enters Prebiotic Soda Market to Compete with Poppi and Olipop
Coca-Cola is making a move into the booming prebiotic soda market with the launch of Simply Pop, a new beverage aimed at health-conscious consumers. The soft drink giant’s latest offering,
Apple Announces Record $110 Billion Share Buyback Amidst Declining iPhone Sales
Apple has revealed its first-quarter revenue of $90.8 billion, marking a 4% decrease year-over-year, signalling challenges in growth, particularly in the Chinese market, amidst an uncertain economic landscape. In response
Bosch to Cut 13,000 Jobs Amid Weak Demand and Rising Costs
German engineering giant Bosch has announced plans to cut 13,000 jobs in its mobility division as part of a sweeping cost-saving initiative aimed at reducing expenses by €2.5 billion (£2.06
Google, Apple Breakups on the Agenda as Global Regulators Target Tech
The tech industry faces a seismic shift as antitrust regulators on both sides of the Atlantic intensify scrutiny on alleged anti-competitive practices, with potential break-up orders looming for industry giants
Goldman Sachs is Cutting Jobs Again Amid Wall Street Deals Slump
Goldman Sachs, a prominent Wall Street firm, is making preparations for its third round of layoffs since September, responding to a decline in deals activity. According to an individual familiar
Sesame Street Heads to Netflix Following Cuts to Public Broadcasting Funding
Sesame Street is set to make its debut on Netflix following a new partnership between the streaming giant and the producers of the iconic children’s show. The move comes amid
