Felix the Cat, the beloved cartoon character known for his magic bag and catchphrase, has sparked a legal battle. The Australian relatives of Patrick Sullivan, one of Felix's creators, are suing Donald Oriolo. They claim Oriolo hid Felix's financial success from them for years. The heirs believe they missed out on millions due to Oriolo's actions. Felix the Cat firs...
Julian Lin, a 10-year-old from the Upper West Side, has been making waves in the business world since he was just four years old. His journey began at a local fruit stand, where he learned the ropes of selling produce to customers. This early experience sparked his interest in business, and he hasn't looked back since. Inspired by his grandfather, an art dealer from...
The job market for recent college graduates has seen a significant shift in the past few years. Those who graduated in 2021 and 2022 entered a booming job market with low unemployment rates. However, the situation has changed. By March, the unemployment rate for recent graduates had risen to 5. 8%. This shift has made it much harder for new graduates to find jobs. M...
In China, companies listed on the stock exchange are under constant scrutiny. One interesting aspect is how visits from institutional analysts affect how these companies take risks. Researchers looked into this and found something surprising. More visits in one year can lead to managers taking bigger risks the following year. This often results in lower earnings qual...
Europe is falling behind, and someone needs to say it. That someone was Jamie Dimon, the head of JPMorgan Chase. He didn't sugarcoat things when he spoke at an event in Ireland. He said Europe is losing ground to the U. S. and Asia. This isn't news to many, but it's a stark reminder. Europe used to be closer to the U. S. in economic terms, but that gap is widening. ...
Ford is calling back a huge number of cars in the U. S. because of a possible problem with the fuel pump. This issue could cause the engine to stop while driving, which is obviously not safe. The recall includes popular models like the Ford Bronco, Explorer, F-150, and some Lincoln vehicles. Owners will get a letter soon warning them about the risk, but Ford hasn't ...
Giovanni Ferrero, the man behind Nutella and Ferrero Rocher, has been on a shopping spree. Over the past decade, he's snapped up 21 companies across nine countries, turning his family's Italian candy business into a global food giant. The latest addition to his empire? WK Kellogg, the company behind Froot Loops and Corn Flakes, bought for a cool $3. 1 billion. Ferre...
Trade tensions between the European Union and China are heating up. The EU is calling out China for unfair trade practices. This comes just before a big meeting between the two sides. The EU says China is making it hard for European companies to compete. They claim China is flooding the market with cheap goods. This is making it tough for EU businesses to stay afloa...
China's aircraft manufacturer, COMAC, just got some good news. The US has allowed GE Aerospace to start sending jet engines to them again. This is a big deal because COMAC is trying to compete with Boeing and Airbus. The engines are crucial for their planes, the C919 and the smaller C909. The US had stopped the engine shipments earlier this year. This caused problem...
People spend a lot of time at work. Many jobs involve sitting for hours. This can lead to health problems. But there's a simple solution: move more. Physical activity at work can boost both health and productivity. First, let's talk about health. Sitting too much is bad for the body. It can cause back pain, heart issues, and even affect mental health. Moving around ...