TGI Fridays Files for Bankruptcy Amid Financial Struggles Post-Pandemic
The iconic American dining chain TGI Fridays has filed for Chapter 11 bankruptcy protection, citing lasting impacts from the Covid-19 pandemic as a significant factor in its financial troubles. The
Volvo Cars to Cut 3,000 Jobs Amid Industry-Wide Struggles
Volvo Cars has announced plans to cut approximately 3,000 jobs, with most of the layoffs affecting office-based employees in Sweden. The move comes as part of a broader cost-cutting initiative
Apple Eyes AI Search Integration in Safari, Threatening Google’s Search Dominance
Apple is reportedly exploring a major shift in its Safari browser by integrating AI-powered search tools, a move that could pose a serious challenge to Google’s long-standing dominance in the
California Attorney General Sues 23andMe Successor Over Massive Data Breach
California Attorney General Rob Bonta has announced legal action against Chrome Holding, the company that succeeded genetic testing firm 23andMe, over allegations linked to a major data breach that compromised
Ford Weighs Future of F-150 Lightning as EV Truck Sales Slow
Ford is considering discontinuing the F-150 Lightning, the electric pickup once positioned as a milestone in the company’s transition toward battery-powered vehicles, according to reports of internal discussions. Sources familiar
BMW and Mercedes Launch Ambitious Electric Vehicle Initiatives to Compete with Tesla and Chinese Rivals
Two automotive giants, BMW and Mercedes-Benz, have embarked on their most substantial foray into the electric vehicle (EV) market, aiming to counter the escalating competition from Chinese automakers and catch
Netflix is Different Now – and There’s No Going Back
In a transformative shift, Netflix has undergone substantial changes over the past two years to solidify its position as a revenue-driving powerhouse in the highly competitive streaming industry. The streaming
Ford Says Trump’s Auto Tariffs Unlikely to Trigger Major Price Hikes
Despite an estimated $1.5 billion hit from new auto tariffs this year, Ford says it doesn’t anticipate a sharp rise in car prices for American consumers. The automaker shared the
Lightning Strike on Oil Storage Tank in Cuba Causes Massive Fire
Lightning struck a large oil storage tank on Friday evening in Matanzas, Cuba, causing a huge fire. "We are closely following the confrontation with the fire in the industrial zone.
NBA and Warner Bros. Discovery Headed for Legal Showdown Over Broadcasting Rights
The National Basketball Association (NBA) and Warner Bros. Discovery (WBD), the parent company of TNT, are on a collision course toward a legal battle over broadcasting rights, setting the stage
Class Action Lawsuit Claims RTX Corporation Discriminates Against Older Job Seekers
A class action lawsuit filed on Tuesday alleges that RTX Corporation, previously known as Raytheon Technologies, has been discriminating against job seekers aged 40 and above. The lawsuit, submitted by
South African Billionaire Now Richest Person in Africa After Dangote’s Wealth Drops by $2.80bn
Aliko Dangote, who was previously the richest man in Africa, has been displaced by South African billionaire Johann Rupert, according to the Forbes Billionaire Ranking. Dangote's net worth has dropped
Illegal Cigarette Trade Exposes Deeper Crisis on UK High Streets
Beneath the shopfronts of everyday Britain, a hidden network of illegal activity is thriving - and it’s far more than just cheap cigarettes. An underground economy fuelled by counterfeit tobacco
Holcim Announces Exit from Nigeria After 65 Years, Focuses on High-Growth Markets
Swiss building materials giant Holcim is set to withdraw from Nigeria after 65 years, citing a strategic shift toward high-growth regions and sustainable solutions. The company plans to sell its
Bill Gates’ Foundation Made a Nearly $100 Million Bet on Bud Light
The Bill and Melinda Gates Foundation Trust has shown a vote of confidence in Anheuser-Busch, the parent company of Bud Light, by purchasing 1.7 million shares valued at approximately $95
Access Bank to Host Maiden MSME Conference, Unveil SME App
Access Bank will host the inaugural edition of its MSME Conference on Friday, July 24, 2026, at its headquarters in Victoria Island, Lagos, as part of efforts to support the
Poppi Just Sold for $1.6 Billion
PepsiCo has announced its acquisition of Poppi, the rapidly growing prebiotic soda brand, in a $1.65 billion deal, further solidifying its push into the health-conscious beverage market. The move aligns
Outback is No Longer America’s King of Steaks
Once a dominant force in casual dining, Outback Steakhouse is losing its grip as the go-to destination for steak lovers in the U.S. Texas Roadhouse and LongHorn Steakhouse have now
Trump Media Shares are in Free Fall
Truth Social's parent company, Trump Media & Technology Group, has seen a dramatic decline in its market value. The conservative social media company has experienced a staggering 50% drop in
Fox News Scores Legal Victory in Smartmatic Defamation Battle
Fox News has secured a significant procedural win in its ongoing legal fight with voting technology company Smartmatic, as a New York appeals court on Tuesday granted the network access
