Record-Breaking Air Travel Demand Fails to Boost Airline Profits
Record summer air travel demand hasn’t translated to record U.S. airline profits, a disconnect airlines must address when they report quarterly results this month.Despite...
Paramount and Skydance Announce Merger Agreement
Paramount Global is set to merge with Skydance after months of negotiations, marking a significant shift in the entertainment industry. The Redstone family will...
Chicago Pension Liabilities Surge Due to New Costs and Assumption Changes
Chicago's pension liabilities have surged, not because of underfunding, but due to new costs and changes in future performance assumptions. About half of the...
Japan Says Goodbye to Floppy Disks
After years of clinging to outdated technology, Japan has finally bid farewell to floppy disks. Until last month, government regulations still required the submission...
Greece to Implement Six-Day Workweek Amid Controversy
Greece, known for its leisurely pace of life and rich cultural heritage, is set to shift to a six-day workweek for certain industries, starting...
Indian Social Media Platform Koo Shuts Down, Leaving Millions Stranded
Millions of social media users in India are left without a platform after Koo, a homegrown microblogging site touted as an alternative to X...
Federal Judge Temporarily Blocks FTC Rule Banning Noncompete Agreements
In a significant legal development, a federal judge in Texas has temporarily halted a new Federal Trade Commission (FTC) rule that would ban noncompete...
Independence Day Closures and Openings: What to Know for July 4
As we celebrate Independence Day on Thursday, July 4, here's a rundown of what's open and closed to help you plan your day.Banks and...
Tesla Sales Drop for Second Consecutive Quarter Despite Price Cuts, Surpassing Analyst Expectations
Tesla's global sales fell for the second consecutive quarter despite price cuts and low-interest financing offers, indicating weakening demand for the company's products and...
Chicken Soup for the Soul, Owner of Redbox, Files for Bankruptcy
The parent company of Redbox, known for its iconic red kiosks at grocery stores that sell and rent DVDs, has filed for bankruptcy after...
