China Implements Major Steel Production Cuts Amid Concerns Over Decreased Demand
China has implemented significant cuts in steel production in response to concerns over decreased demand in the industry. The move comes as Chinese steelmakers face challenges due to a collapse in margins and weak...
Potential CNN Debate: Harris vs. Trump Set for Oct. 23
U.S. Vice President Kamala Harris, the Democratic presidential nominee, made a significant appearance at the Cobb Energy Performing Arts Centre in Atlanta on September 20, 2024. During her speech, Harris focused on the crucial...
Antitrust DOJ to Appear in Hawaii Court for Airline Merger Review
Federal Antitrust DOJ to Appear in Hawaii Court for Airline Merger ReviewIn a significant development regarding the airline industry, the Department of Justice's Antitrust Division is set to make an appearance in a Hawaii...
Flutter Expands Internationally with Major Acquisitions in Italy and Brazil
Flutter Entertainment, the parent company of FanDuel, has recently announced major acquisitions in Italy and Brazil, as part of its strategic expansion plan to boost international growth. With a focus on investing in regulated...
Investment Group Formed by Microsoft and BlackRock to Raise $100 Billion for AI Data...
Microsoft and BlackRock, two major players in the tech and investment industries, have joined forces with other companies to form the Global Artificial Intelligence Infrastructure Investment Partnership (GAIIP). This partnership aims to raise up...
Uncovering the Global Fiscal Timebomb: A $100 Trillion Crisis
Global finance chiefs are being urged by the International Monetary Fund to tighten their belts as they gather in Washington for their annual meetings. The IMF's Fiscal Monitor report warns that public debt levels...
Southwest Airlines Prepares Staff for Tough Decisions to Increase Profits
Southwest Airlines is gearing up for some tough decisions in order to increase profits and stay competitive in the ever-evolving airline industry. With pressure from activist investor Elliott Investment Management, the company has announced...