News
Bank of England to End Bond-Buying Scheme
The Bank of England announced plans this week to bring an “orderly end” to its emergency bond-buying scheme, which aimed to...
Biden’s Move to Pardon Cannabis Convictions Boosts Potential for Marijuana Companies
President Biden announced last Thursday that he would be pardoning all those convicted for simple marijuana possession at the federal...
Astra Space Threatened with Delisting by Nasdaq
Nasdaq threatened the company with being delisted due to its stock staying below $1 per share for 30 consecutive days
Holiday Spending Expected to be Low After Months of Sales
Following months of sales and promotions, many retailers are concerned about the upcoming holiday period. Several stores could be left...
New Cars are Finally Back on the U.S. Market, But at a High Cost
New cars are gradually reaching the U.S. market as supply chain disruptions improve. The concern now is affordability,
Samsung Concerned About Profits Due to Chip Plunge
Korean tech giant Samsung is worried that its profits could fall by 32% due to a decrease in demand for...
Adidas Seeks New CEO for Fresh Start
Adidas’s Kasper Rorsted, is set to step down in 2023 to “pave the way for a restart,”
General Electric to Lay Off 20% of its Wind Workforce
General Electric (GE) to lay off 20% of its onshore wind workforce in the U.S. and look into Europe and...
GM to Add Lyft and Tesla executive Jon McNeill to its Board
General Motors (GM) will be adding Jon McNeill to its board, bringing extensive executive experience with Lyft and Tesla to...
Peloton to Slash Jobs While Rolling Out New Hotel Partnership
Peloton announced it will be cutting 500 jobs, around 12% of its workforce, in a move to return to growth.
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