Business

Renowned scientist Dr. Emily Johnson has recently made a groundbreaking discovery in the field of renewable energy that has the potential to revolutionize the way we access and utilize clean energy sources. Her research focuses on harnessing wind power through innovative technology, which could have far-reaching impacts on global energy production and environmental sustainability. The scientific community is buzzing with …

Abercrombie & Fitch Exceeds Expectations with Strong Holiday Sales Clothing retailer Abercrombie & Fitch has reported a 21% increase in holiday-quarter sales, surpassing Wall Street expectations. The company’s earnings per share of $2.97 also exceeded the predicted $2.83, with revenue totaling $1.45 billion, beating the expected $1.43 billion. Net income for the fourth quarter was reported as $158.4 million, a …

Women in the legal tech industry attending this year’s Legalweek conference have reported incidents of sexual harassment and assault during the event and related activities. One Microsoft director, Stefanie Bier, shared a disturbing account of a man putting a knife to her colleague’s throat after she asked him to leave her alone. These reports have shed light on a wider …

Investors are keeping a close eye on technology shares as they continue to rally, driving up European futures and Asian stocks. The positive sentiment comes as several key events are set to take place this week, including Federal Reserve Chair Jerome Powell’s congressional testimony and China’s National People’s Congress. Euro Stoxx 50 futures are indicating gains at the open following …

Stock Markets Hit Record Highs as Japan’s Nikkei 225 Crosses 40,000 Mark In a remarkable turn of events, Japan’s Nikkei 225 Stock Average reached a new record high on Monday, crossing the 40,000 mark for the first time in history. This milestone comes as the broader Topix index also rose by 0.2%, breaching the 2,700 mark and setting a new …

After nearly a decade of development, Apple has reportedly shuttered its long-rumored Project Titan, a driverless car project that began in 2014. While the tech giant never officially announced the cancellation of the project, Bloomberg recently broke the news that Apple will not be moving forward with plans to produce a car. Project Titan was initially launched with the hiring …

In a world where convenience often comes at a price, consumers are showing their limits to how much they are willing to pay. Recent backlash towards Wendy’s plans to increase menu prices during peak hours has shed light on the issue of dynamic pricing in the fast-food industry. Wendy’s clarified that their intentions were not to implement “surge pricing,” but …

Boeing in Takeover Talks with Spirit Aerosystems Amid Safety Concerns Boeing, the American aerospace giant, is currently in discussions to acquire Spirit Aerosystems, a major global air parts supplier. Spirit Aerosystems, which was spun out of Boeing in 2005, continues to heavily rely on its former parent company for more than two-thirds of its business. The takeover talks come at …

Wall Street Traders Optimistic as PCE Index Matches Estimates In a much-awaited release, the Federal Reserve’s preferred price gauge, the personal consumption expenditures (PCE) index, was in line with estimates, bringing a sense of relief to Wall Street traders. Following the release of the PCE data, both stocks and bonds saw gains, suggesting a positive outlook for the market. The …

Former BP executive Emily Kraus’ husband, Tyler Loudon, has admitted to making nearly $1.8 million through insider trading by eavesdropping on her phone calls while they worked remotely. Loudon pleaded guilty to securities fraud and faces up to five years in federal prison, as well as a possible fine of up to $250,000. The scandal came to light after Kraus …