Macy’s Delays Earnings Report After Employee Hides $154 Million in Expenses
Macy’s has delayed the release of its quarterly earnings report after uncovering accounting irregularities tied to a single employee who allegedly concealed up to $154 million in expenses over nearly
The 5 Biggest Takeaways From Netflix’s Earnings Report
As Hollywood faces challenges amid ongoing industry strikes, streaming giant Netflix had reason to celebrate on Wednesday with the release of its earnings report. The company's long-anticipated plans to clamp
Pizza Hut Introduces Snake Pizza in Hong Kong
American company Pizza Hut in Hong Kong has launched a novel and unconventional pizza that includes a distinctive ingredient - snake meat - bringing a modern twist to traditional flavors
Farmers Insurance Lays Off 2,400 Employees in Restructuring
California-based Farmers Insurance announced on Monday that it is laying off 11% of its workforce, or 2,400 employees, in a bid to restructure itself for long-term growth. The jobs being
Nigerians Devise Ingenious Ways to Survive
The rising cost of electricity in Nigeria has forced citizens to adopt creative and resourceful strategies to reduce their energy consumption and manage mounting bills. As utility companies introduce higher
Anthropic Unveils AI Model Capable of Working Nearly an Entire Day Without Human Input
Artificial intelligence startup Anthropic has introduced a powerful new model that can operate autonomously for close to seven hours - a development that signals a potential shift in how businesses
Italy Approves €13.5bn Plan for World’s Longest Suspension Bridge to Sicily
Italy has officially greenlit an ambitious €13.5 billion project to construct the world’s longest suspension bridge, linking the island of Sicily with Calabria on the Italian mainland. The approval marks
Former MIT Students Charged with Stealing $25 Million in Cryptocurrency in Seconds
Two former Massachusetts Institute of Technology students have been arrested on charges of orchestrating a sophisticated scheme that exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12
Titanic Passenger’s Gold Watch Sells for Record £1.78m at Auction
A gold pocket watch recovered from the body of wealthy Titanic passenger Isidor Straus has sold for a record £1.78m at an auction in Wiltshire. Straus, a prominent American businessman
Tesla Dismisses Report of Board Plan to Replace Elon Musk
Tesla has strongly refuted claims that its board is actively searching for a new chief executive to replace Elon Musk, dismissing a report by The Wall Street Journal as false.
Elon Musk Teases Interest in MSNBC Amidst Liberal Billionaire Speculation
In a surprising twist, billionaire Elon Musk has hinted at the possibility of acquiring MSNBC, sparking widespread speculation about the future of the liberal-leaning cable news channel. Musk, known for
Microsoft Could Soon Integrate Steam Games Into the Windows Xbox App
Microsoft may be preparing to integrate Steam and other game launchers into the Xbox app on PC, signaling a major shift in how players access their game libraries. A leaked
How SpaceX’s Starship Rocket is Outpacing NASA in the Space Race
On October 13, 2024, SpaceX's Starship rocket made headlines worldwide with its dramatic flight, marking a pivotal moment in the space race. The rocket, hailed as the most powerful and
Kawasaki And Adidas Release Third Collab Sneaker With ZX22
Many moto aficionados and fashionistas may not see the connection between Japanese OEM Kawasaki and German apparel brand Adidas, but the stylistic ties go back further than most believe. According
Tesla Directors Will Return $735 Million to Company to Settle Shareholder Suit
In one of the largest shareholder settlements of its kind, Tesla directors have agreed to return $735 million to the company to resolve claims of grossly overpaying themselves. According to
Ban Harmful Content From Social Media Instead of Us, Say Australian Teens
Two Australian teenagers are asking the nation’s High Court to overturn a new law that will block under-16s from using social media, arguing the government should target predators and harmful
Bumble to Cut 30% of Workforce Amid Struggles to Revive Growth
Dating app company Bumble Inc. has announced plans to cut approximately 30% of its global workforce - roughly 240 jobs - as it grapples with slowing growth and declining investor
Beyoncé and Post Malone Collaboration Boosts Levi’s Stock Price
Following the release of Beyoncé's collaboration with Post Malone on a country song titled "Levi's Jeans," Levi Strauss & Co. experienced a significant surge in its stock price, climbing by
Gap Between Puma and Nike Offers for Barcelona Shirt as High as €54m Per Year – Report
Barcelona Football Club finds itself at a crossroads regarding its shirt sponsorship, with potential offers from both Nike and Puma presenting diverging paths for the Blaugrana's future financial landscape. According
Elon Musk Dismisses Interest in Acquiring TikTok
Elon Musk has denied any plans to purchase TikTok, dismissing speculation that he might bid for the popular video-sharing platform. Speaking at the WELT Economic Summit on January 28, the
