Tag: Business
Fintech Unicorns Eye Klarna’s Debut for IPO Window Reopening
Financial technology unicorns are closely watching the recent move by Klarna to file for a U.S. IPO, despite not being in a rush to...
Super Micro Appoints New Auditor to Sustain Nasdaq Listing; Stock Soars 37%
Super Micro Computer Inc., a server manufacturer, has recently appointed BDO as its new auditor in an effort to regain compliance with the Nasdaq...
NBA and Warner Bros. Discovery Reach Settlement on Live Game Rights Lawsuit
Warner Bros. Discovery has decided to end its pursuit of owning a package of live NBA games in the U.S. for the 2025-26 season...
Spirit Airlines Files for Bankruptcy Protection Amid Financial Struggles
Spirit Airlines, a well-known budget airline, has recently filed for bankruptcy protection due to financial struggles. Despite this, the airline reassured its customers that...
Tencent Takes on Amazon and Microsoft Cloud Dominance with WeChat Integration
Chinese tech giant Tencent is making strides in the cloud service industry by utilizing its WeChat super-app ecosystem to provide unique offerings to clients....
European Space Startup Raises $160M for Reusable Astronaut Capsule
European Space Startup Raises $160M for Reusable Astronaut CapsuleA European space startup called The Space Exploration Company (TEC) has successfully raised $160 million to...
Restaurant Industry Looks Forward to 2025 Amidst Slow Traffic and Bankruptcies
After a challenging year for the restaurant industry, executives are eagerly anticipating the arrival of 2025. Despite a significant increase in restaurant bankruptcies and...
Chris Wright, Liberty Energy CEO, Chosen as Energy Secretary by Trump
President-elect Donald Trump announced on Saturday that Liberty Energy CEO, Chris Wright, will be the next energy secretary of the United States. Liberty Energy,...
Black Friday Deals: What to Expect and Are They Worth Waiting For?
The period between Thanksgiving Day and Cyber Monday is known for being one of the busiest shopping times of the year. The National Retail...
McDonald’s Invests $100M+ to Accelerate Recovery from E. coli Outbreak
McDonald's is investing over $100 million to help recover from the recent E. coli outbreak linked to their slivered onions. The fast-food chain plans...