The Dow, S&P closed at their highest levels since Jan. 22
US stocks closed firmly in the green on Tuesday as a key inflation report showed prices largely holding steady ahead of the Federal Reserve’s final 2023 policy meeting. The Dow…
Hasbro is laying off 1,100 workers
Toy maker Hasbro is undergoing workforce reductions, laying off approximately 1,100 employees as it grapples with sluggish sales that extend into the holiday season, as outlined in an internal company…
The Harvard Alumni Association unanimously endorsed Claudine Gay
On Monday, the Executive Committee of Harvard University’s Alumni Association expressed unwavering support for President Claudine Gay. This endorsement comes amid anticipation of a decision by the Harvard Corporation, a…
Spotify cuts staff to move to AI faster
Spotify, known for its hyper-personalized user experience in the audio streaming industry through the use of artificial intelligence and a substantial team of 9,800 employees by the end of 2022,…
Pressure is mounting on Harvard President Claudine Gay
Now that Liz Magill has resigned as president of the University of Pennsylvania, attention has shifted to her Harvard University counterpart, Claudine Gay. Republican Rep. Elise Stefanik of New York…
CosMc’s spinoff restaurant to open
McDonald is set to inaugurate the inaugural CosMc’s location in Bolingbrook, Illinois, this week, unveiling its new spinoff brand. The fast-food giant has ambitious plans to launch ten CosMc’s outlets,…
Fact-checking at Trump’s Fox News town hall in Iowa
Former President Donald Trump, the front-runner for the 2024 Republican presidential nomination took part in a Fox News town hall Tuesday in Iowa, less than six weeks out from the…
FOMO and YOLO seem to be making a comeback
Approximately two years ago, cryptocurrency prices reached their peak, with Bitcoin (BTC) nearly hitting the $70,000 mark. However, the situation took a turn for the worse and eventually became cataclysmic.…
Wells Fargo earmarks up to $1 billion for ‘unexpected’ severance costs
Wells Fargo is allocating up to $1 billion for unexpected severance costs in the fourth quarter of the current year. The move is part of the US bank’s strategy to…
How Russia blew an $11 billion hole in the West’s oil embargo
The inadequacy of Western sanctions targeting Russian oil exports is vividly evident just off the coast of Gytheio, a Greek town. Here, two aging oil tankers, with a combined age…