Business

3G Capital Acquires Skechers in $9.4B Private Equity Deal3G Capital Acquires Skechers in $9.4B Private Equity Deal

3G Capital Acquires Skechers in $9.4B Private Equity Deal

Footwear giant Skechers has agreed to a $9.4 billion acquisition deal with investment firm 3G Capital, as announced Monday. The… Read More

May 5, 2025
OpenAI Rolls Back GPT-4o Update Due to “Annoying” PersonalityOpenAI Rolls Back GPT-4o Update Due to “Annoying” Personality

OpenAI Rolls Back GPT-4o Update Due to “Annoying” Personality

CEO Sam Altman from OpenAI announced on Wednesday the backward implementation of GPT-4o model updates because users reported problematic conduct.… Read More

May 1, 2025
Bertucci’s Closes Four More MA Locations Following Third BankruptcyBertucci’s Closes Four More MA Locations Following Third Bankruptcy

Bertucci’s Closes Four More MA Locations Following Third Bankruptcy

Bertucci's Italian restaurant chain from Massachusetts continues its downsizing trend as the company files for bankruptcy protection marking its third… Read More

April 30, 2025
2027 Slate Truck EV Will Be Very Customizable, Priced Under $28,0002027 Slate Truck EV Will Be Very Customizable, Priced Under $28,000

2027 Slate Truck EV Will Be Very Customizable, Priced Under $28,000

The automotive sector frays cognizant as the Slate Truck EV enters 2027, hoping to become an alternative for affordable electric… Read More

April 25, 2025
Bank of America Ordered to Pay $540.3M in FDIC Insurance DisputeBank of America Ordered to Pay $540.3M in FDIC Insurance Dispute

Bank of America Ordered to Pay $540.3M in FDIC Insurance Dispute

Bank of America must pay $540.3 million to resolve the FDIC's deposition insurance claim lawsuit because the bank did not… Read More

April 15, 2025
Worried About Prices? You’re Not Alone, Survey FindsWorried About Prices? You’re Not Alone, Survey Finds

Worried About Prices? You’re Not Alone, Survey Finds

Americans are feeling less confident about the economy this month, according to a new survey from the University of Michigan.… Read More

April 11, 2025
Kim Soo-Hyun Edited Out of Good Day Following Allegations Involving Kim Sae-RonKim Soo-Hyun Edited Out of Good Day Following Allegations Involving Kim Sae-Ron

Kim Soo-Hyun Edited Out of Good Day Following Allegations Involving Kim Sae-Ron

Popular South Korean actor Kim Soo-Hyun has been completely edited out of the latest episode of MBC’s variety show Good… Read More

April 7, 2025
Stock Market Crisis: Apple, Nike, and Wall Street Take a HitStock Market Crisis: Apple, Nike, and Wall Street Take a Hit

Stock Market Crisis: Apple, Nike, and Wall Street Take a Hit

While the White House shared a lighthearted "Almost Friday" tweet of Donald Trump braving the wind in style, the mood… Read More

April 3, 2025
Why Pay More? Ford Rolls Out Huge Discounts Amid Tariff Hikes

Why Pay More? Ford Rolls Out Huge Discounts Amid Tariff Hikes

Ford is taking a different approach to recent tariffs imposed by former President Donald Trump. While other car companies are… Read More

April 3, 2025

Trump’s First Foreign Trip of Term 2: Why the Middle East Matters

U.S. President Donald Trump has announced his upcoming visit to Qatar, the UAE, and Saudi Arabia next month, marking his… Read More

April 1, 2025