Arkhouse and Brigade Capital: Arkhouse Management and Brigade Capital, in an ambitious move, have extended a $5.8 billion offer to privatize Macy’s (M.N), a renowned department store chain, as per […]
TikTok Billion Investment: TikTok, the Chinese short video app, is set to invest $1.5 billion to become the controlling shareholder of an e-commerce unit within Indonesia’s GoTo Gojek Tokopedia. This […]
CosMc Launches: In a surprising move, McDonald’s has unveiled its much-anticipated spinoff restaurant, CosMc’s, in Bolingbrook, a Chicago suburb. The mysterious concept, shrouded in secrecy, quietly welcomed customers on Thursday, […]
Canadian Banks Hold Steady: In a surprising move, the Office of the Superintendent of Financial Institutions (OSFI) in Canada has decided to keep the domestic stability buffer (DSB) for the […]
Gene Therapy Triumph: The FDA approved two gene treatments for sickle cell disease, a medical breakthrough. Casgevy, produced by Vertex Pharmaceuticals and CRISPR Therapeutics, is the first US medication using […]
Southwest Airlines: In a setback for Southwest Airlines, flight attendants have voted against a proposed five-year contract, with 64% rejecting the tentative agreement. The Transport Workers Union (TWU) Local 556, […]
Amazon Fires Back: In a bid to quash the U.S. government’s antitrust lawsuit, Amazon.com filed a motion on Friday seeking the dismissal of the case. The lawsuit, brought forth by […]
Dubai Warehouse Dilemma: Dubai grapples with a warehouse space crunch amidst a surge in business ventures and expanding corporate operations, notes a recent Knight Frank report. The third-quarter review underscores […]
Canada Immigrant Exodus: In the pursuit of making it big in Canada, many immigrants find themselves entangled in a survival battle, grappling with the high cost of living and rental […]
Fossil Fuel Showdown: In a high-stakes battle at COP28, some nations are resisting a pledge to phase out fossil fuels, throwing a wrench into U.N. climate talks. Saudi Arabia and […]