In the midst of their highly publicized divorce battle, Angelina Jolie and Brad Pitt have sold their luxurious mansion in New Orleans for a staggering $2.8 million.
China’s economy is heading towards a critical year in its fight against deflation, with a range of challenges that need to be addressed. Despite being the world’s second-largest economy, China has been grappling with the threat of deflationary pressures for quite some time now. In its effort to avoid a debilitating spiral of falling prices, the Chinese government is diligently implementing a series of measures to stimulate growth and combat the risks associated with deflation.
The semiconductor industry has become the latest battleground between the United States and China, as the two global powers engage in a fierce battle for technological dominance. With the growing demand for advanced microchips in a wide range of industries, both countries are vying to control the critical supply chain that underpins modern economies.
Fast-food giants, McDonald’s, Chipotle, and Starbucks, are proactively preparing themselves to confront the upcoming challenges they anticipate in the fast-food labor force by 2024.
The conflict in the Red Sea has recently taken a turn as the Houthi rebels gain control, leading to the blockage of 299 international vessels carrying a staggering 4.3 million containers. This development has raised concerns globally, as it poses a significant threat to international trade and maritime security.
San Diego-based biotech company Illumina announced on Monday its decision to divest cancer test maker Grail after facing prolonged antitrust battles. The move comes as a strategic step aimed at addressing regulatory concerns and facilitating the acquisition process of Grail by a group of investment firms.
In a landmark victory for Epic Games, the gaming giant successfully won its antitrust battle against Google. However, the question that arises now is what lies ahead for both companies and the broader gaming industry.
The pharmaceutical industry, also known as Big Pharma, finds itself embroiled in a challenging three-front battle with the Federal Trade Commission (FTC), Medicare, and the White House. These three powerful entities are now focusing their attention on reigning in the soaring costs of drugs, ensuring fair competition in the market, and increasing access to affordable medications for patients. Big Pharma’s response will have significant implications for the future of healthcare in the United States.
The recent bankruptcy of Yellow Corp., a prominent freight company in the United States, has sent shockwaves through the trucking industry. With a debt of over a billion dollars, Yellow’s financial struggles have raised concerns about the future of truckers and the overall economy.
