Bluebird Bio, once a shining star in the biotech world, is now a shadow of its former self. The company, known for its groundbreaking gene therapies, has been sold to private equity firms Carlyle and SK Capital for a mere $30 million. This sale marks the end of a long and tumultuous journey for Blue
Citigroup recently made a significant shift in its approach to diversity, equity, and inclusion (DEI). The bank's CEO announced that it will no longer require a diverse pool of candidates for job interviews. This decision comes at a time when the business landscape is changing under the current poli
On February 17, a Delta Air Lines flight took a dramatic turn during landing at Toronto Pearson International Airport. The plane, a CRJ900 twin-jet, flipped over after a rough landing. All 80 people on board, including four crew members, survived, but 21 passengers were taken to the hospital. The in
The recent news about NetEase laying off some of its US-based Marvel Rivals developers, including a game director, has raised eyebrows. The game has 40 million players and is doing well in the market. Analysts are now trying to make sense of this surprising move. NetEase's decision to downs
Cessna's Citation V family of aircraft, produced from 1989 to 2011, is a legacy of innovation in the business jet industry. This family of planes, certified by the FAA, started with the Model 560 Citation V, which was first announced at the NBAA in 1987. The Citation V was a significant upgrade from
The S&P 500 and the European Stoxx 600 hit new highs on Tuesday. This happened while U. S. President Donald Trump was busy with a flurry of activities. He was meeting with Russian officials and making controversial statements about Ukraine. Trump's administration kept the strict rules for corpo
Shari Redstone's journey to sell her family's media empire, Paramount Global, has been anything but smooth. It's been a decade since she started this journey, and she’s faced countless legal battles and corporate maneuvers. The sale was expected to be finalized in April, but recent events have throw
Nikola, an electric vehicle company, has hit a major roadblock. They've filed for Chapter 11 bankruptcy protection. This comes after months of warnings that they were running low on cash. It's a far cry from their heyday, when they were a Wall Street darling. Back in 2020, Nikola was valued at aroun
Nikola Corp, a company that once had investors and analysts buzzing, has taken a big step. They've filed for Chapter 11 bankruptcy protection. This means they're having a tough time keeping their business going. They couldn't find a buyer or get more money to keep running. Nikola's CEO, Steve Girs
Trump is planning to slap a 25% tariff on auto imports, semiconductors, and pharmaceuticals as early as April 2. This move comes after he already imposed a 10% tariff on Chinese goods and a 25% tariff on steel and aluminum imports. He hinted that these new tariffs could go even higher over the next
