2 min read
Business

SEC Delays Climate Reporting Requirements Due to Legal Issues

The Securities and Exchange Commission (SEC) has announced that it is pausing its efforts to implement a rule that would require companies to disclose their climate change-related risks and impacts. This decision comes amid legal challenges from industry groups and concerns about the potential impact on companies and investors.

2 min read
Business

Alaska Airlines gets $160M ‘initial payment’ from Boeing for damages caused by midair door incident

In a recent development, Boeing has provided Alaska Airlines with an “initial payment” of $160 million to cover losses related to a midair door blowout incident. The incident occurred on a flight from San Francisco to Seattle earlier this year, causing significant damage to the aircraft and leading to costly repairs.

2 min read
Business

Lower Unemployment Rate and Weaker Hiring Expected in Latest Jobs Report for March

Economists are predicting that the March jobs report, set to be released this week, will show a slower pace of hiring compared to previous months. This is due to various factors, including the impact of the ongoing pandemic on businesses and the economy.

2 min read
Business

Disney Tightens Security with Password Sharing Restrictions: Get the Details

Disney has recently announced that starting next month, they will be cracking down on password sharing for their streaming service. This move comes in an effort to increase revenue and prevent unauthorized access to their content.

1 min read
Business

Lucky winner strikes gold with $1M Powerball ticket sold in Kentwood

A lucky winner in Kentwood can now celebrate after purchasing a $1 million Powerball ticket. The ticket was sold at a local convenience store, making someone an instant millionaire.

7 min read
Business

Magazine Mayhem Leads to Legal Action Between Sports Illustrated Owner and Energy Drink Entrepreneur

Sports Illustrated’s owner, Authentic Brands Group, announced on Monday that they would be suing Red Bull founder Dietrich Mateschitz over the chaotic events that unfolded at the magazine earlier this year.

2 min read
Business

Impact of Family Dollar Store Closures Felt Across Illinois as Retailer Plans Shutdown of Numerous Locations

In a recent announcement, Family Dollar revealed plans to close several locations across Illinois. The decision comes as part of a larger strategy to streamline operations and improve profitability.