Updates

Several well-known US retailers and companies have had a difficult year. Following the Covid-19 outbreak, businesses had to deal with a plethora of issues like exorbitant expenses, a lack of supplies, and intensifying rivalry. As a result, in 2023 a number of well-known names declared bankruptcy. Naturally, a bankruptcy does not always indicate that a

Record percentages of American CEOs are quitting their positions in 2023.   According to research from Challenger, Gray, and Christmas, the “Great Resignation” may be over, but for CEOs, it’s only getting started. The company discovered that, as of now in 2023, over 1,500 CEOs have departed from their positions—the greatest amount of departures since

A deceleration, but not a recession. Experts generally agree on that outlook for the economy as we approach 2024. Following a post-pandemic period in which growth exceeded most projections, but concurrently sparked uncontrollably high inflation, Americans can now anticipate a time of decreased corporate activity. However, while some economists maintain that there is still a

Earlier this month, a workplace Christmas party that left scores of employees ill took a turn for the worse for the staff of an Airbus subsidiary in France. In an email to CNN, an official for the European aerospace industry stated, “Around 100 Airbus Atlantic employees were taken ill after contracting a food-borne illness after

On Sunday, Manchester United revealed that Sir Jim Ratcliffe, a British petrochemical tycoon, had acquired a 25% share in the storied English Premier League soccer team. Manchester United and the international business INEOS, which Ratcliffe owned and is based in London, confirmed the deal. Ratcliffe will purchase up to 25% of the club’s publicly traded

A federal judge decided that X, formerly Twitter, will have to settle a case brought by employees who claimed they were not given the incentives they were promised. X’s move to have the lawsuit dismissed was denied by the judge on Friday. A lawsuit filed in June 2023 on behalf of employees claims that X

The White House said Nippon Steel’s proposed takeover of U.S. Steel should be considered from a national security perspective, even though Japan is a “close ally. ” In a statement Thursday, the company also expressed concern about the deal’s potential impact on supply chain reliability. His $15bn (£12bn) acquisition of the 122-year-old steelmaker will create

A disagreement over output limits has led Angola to declare it is quitting the Organisation of Petroleum Exporters, or Opec. It comes after the 13-member cartel and its ten allies decided last month to further reduce oil output in 2024 in an effort to stabilise the unstable world market prices. Out of the 30 million

Mohammad Ahmad, a 17-year-old from New Jersey, signed up for Smile Direct Club in October, just  weeks after his orthodontic company filed for bankruptcy. He said he was seduced by the company’s deep discount on  invisible braces and was assured that  financial problems would not affect operations. But after the company closed in December, Mohammad