Stord, a major player in the e-commerce logistics game, just made a big splash. They have taken over Ware2Go, a warehousing and fulfillment network, from UPS. This move is all about growing fast and meeting the huge demand from online shops. With this takeover, Stord is adding 21 new warehouses to i
One major player in the genetic testing world, 23andMe, has made a significant move. They sold their massive genetic data bank to a drug company, Regeneron Pharmaceuticals. The deal is worth 256 million dollars. This data bank holds genetic information from around 15 million people. The sale happene
A well-known spot in Lexington is shutting down. Via Lago, a restaurant that has been a part of the community for 37 years, is closing its doors. The owner, Alan Jick, made the tough call not to renew the lease. Why? The restaurant's catering business never fully recovered from the pandemic's hit. T
Trade talks between the United States and China have caused a stir in the car industry. Two major players, General Motors and Ford, have decided to stop sending cars from the United States to China. This move is not about a sudden drop in demand for American cars in China. It is more about the un
Bath & Body Works has a new leader at the helm. Daniel Heaf has taken over as the CEO, stepping into the role immediately. Heaf comes from Nike, where he was the chief strategy and transformation officer until his position was cut by the new Nike CEO. Heaf's journey to Bath & Body Works is quite the
A significant shift occurred at CBS News. Wendy McMahon, the CEO, decided to step down. This move came after a tense exchange with George Cheeks, the co-CEO of Paramount Global. The decision was made public on a Monday, following a meeting on Sunday. McMahon's resignation letter hinted at disagreeme
A major change is happening in the world of genetic testing. Regeneron, a big name in pharmaceuticals, is set to buy 23andMe. The company is paying $256 million for this deal. This purchase happened after 23andMe went through a tough time and had to sell off its assets. 23andMe is known for its gen
A major shakeup is happening on Wall Street. Howard Lutnick, who is now the commerce secretary, is selling his shares in two big companies. He is doing this to follow the rules set by the U. S. government. The two companies are BGC and Newmark. Lutnick is selling his shares for a total of $361 mill
BT and Warner Bros Discovery are in serious talks. They're discussing a major move in the sports broadcasting world. BT might sell half of its share in TNT Sports to Warner Bros Discovery. This isn't just small talk. It's a big deal that could shake things up. The discussions are advanced, mean
A big win for Elon Musk's SpaceX. Saudi Arabia has given the thumbs up to Starlink. This means that the satellite internet service can now operate in the country. The news was shared by Musk himself during a visit by former U. S. President Donald Trump to the kingdom. The announcement was made at t
