Business
Restaurant Employment Reaches Pre-Pandemic Levels
The United States restaurant industry has achieved a significant milestone, rebounding to pre-pandemic employment levels in September, as confirmed by a report released Friday by...
Labor Market: Job Growth in Sectors, Hospitality Slow
The United States labor market has displayed remarkable resilience, with the number of employed individuals surpassing pre-pandemic levels from February 2020. This milestone was officially...
MGM Resorts Faces $100M Loss in Cyberattack
Last month, MGM Resorts, a prominent casino conglomerate headquartered in Las Vegas, disclosed a significant data breach, deeming it a cyberattack, according to a regulatory...
Amgen Secures Horizon Therapeutics in $27.8B Acquisition
In a landmark move, biotechnology giant Amgen has finalized its acquisition of Horizon Therapeutics for a staggering $27.8 billion. The deal received the green light...
Brazilian Auto Exports Face Steep Decline in 2023,
Brazilian auto exports are poised to experience a substantial setback in 2023, with a projected double-digit drop compared to the previous year, cautions the automotive...
TSMC Beats Q3 Estimates on Back of AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC), a global leader in semiconductor manufacturing, demonstrated remarkable resilience in the third quarter (Q3), as demand for artificial intelligence (AI)...
Philips Sleep Apnea Devices Face FDA Testing Demand
In a significant development, Royal Philips NV, a prominent Dutch medical equipment manufacturer, has encountered a fresh setback as the US Food and Drug Administration...
Tesla Slashes Model 3 and Model Y Prices to Boost Demand
In a strategic move following disappointing third-quarter delivery figures, Tesla has announced substantial price reductions on its popular Model 3 sedan and Model Y SUVs....
GlaxoSmithKline Raises £886 Million from Haleon Plc Share Sale
British pharmaceutical giant GlaxoSmithKline Plc (GSK) has successfully garnered £886 million ($1.1 billion) from its latest share sale in Haleon Plc, the consumer-health entity it...
Max Service Introduces ‘Bleacher Report’ Sports Tier
In a bid to bolster its presence in the fiercely competitive streaming landscape, Warner Bros. Discovery (WBD) announced the launch of a dynamic sports tier,...