The business landscape has experienced a profound transformation over the past two decades. By 2024, just four of the top 20 companies by market capitalization from 2005 managed to maintain their standing. The new frontrunners emerged from a distinct category of industries…
President-elect Donald Trump’s election victory over Kamala Harris has cast a shadow of uncertainty over the electric vehicle (EV) industry in the U.S. The return of Trump, a known critic of stringent environmental policies, could lead to significant changes in policies governing…
A leading aerospace manufacturer, Boeing, has experienced significant disruptions due to a recent machinist strike. The company reported its lowest aircraft deliveries in October since 2020 and warned that restarting its production lines will take weeks despite workers returning to their stations.…
As the U.S. approaches another high-stakes election, tech giants Google and Meta are taking steps to control the spread of misinformation by temporarily banning political ads across their platforms. The move is seen as a response to the misinformation that has frequently…
A wave of optimism has swept through Wall Street as corporate leaders and dealmakers anticipate a surge in mergers and acquisitions (M&A) under President-elect Donald Trump. With Republicans claiming a Senate majority, expectations are high for reduced regulations that could unlock pent-up…
Wendy’s recently announced plans to close 140 restaurants across the U.S. as part of a strategic reorganization to boost business performance and modernize its presence. While the closures may seem significant, they align with the company’s decision to replace underperforming, outdated locations…
Tupperware, the iconic U.S. brand synonymous with food storage, has filed for bankruptcy after decades of serving households with its innovative containers. Despite attempts to revitalize its image, the company has struggled to compete in a rapidly changing market, leading to significant…
In a groundbreaking meeting, top executives from the AI industry, including Sam Altman, CEO of OpenAI, Ruth Porat, a senior executive at Google, and Dario Amodei, CEO of Anthropic, are set to meet with key US officials at the White House this…
Millions of people could soon be at risk of falling victim to scams involving artificial intelligence (AI) voice-cloning, according to a warning from UK-based Starling Bank. The online-only lender has raised alarms over the ability of scammers to use AI to clone…
In a controversial move on Monday morning, Elon Musk, CEO of X (formerly known as Twitter), deleted a post in which he questioned why former President Donald Trump had faced two assassination attempts in recent months, while President Joe Biden and Vice…