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Jan 07 2025BUSINESS

Job Market Pause: Why Fewer People Are Quitting

The job market, often called the “Great Stay, ” is showing signs of slowing down. In November, the number of people quitting their jobs fell to below 3. 1 million, the lowest since the pandemic's peak. The latest Job Openings and Labor Turnover Survey also shows hiring has hit a decade low. This sug

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Jan 07 2025BUSINESS

Billionaire Invests 20 Billion in US Tech, Inspired by Trump's Election

Billionaire Hussain Sajwani, whose company DAMAC Properties is a giant in the skyscraper-packed city of Dubai, has made a big announcement. He's putting $20 billion into building data centers in the United States. This news came straight from President-elect Donald Trump at a press conference. It se

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Jan 07 2025BUSINESS

A Fresh Start: True Religion Jeans Find New Owners

Jeans brand True Religion has just changed hands. The company, once a favorite among stars like Jessica Simpson, has faced bankruptcy not once but twice. Now, it's being taken over by Acon, a firm based in Washington, D. C. Acon has a large portfolio, including brands like Applebee's and Igloo. They

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Jan 07 2025BUSINESS

Voltage and The Exchange Join Forces for Bigger Movies

In a big move, Voltage Pictures, known for hits like "The Hurt Locker, " has bought a majority stake in The Exchange, an international sales and finance company. Brian O'Shea will keep his role as CEO of The Exchange, focusing on new projects, while Sarah Dunn from Voltage will handle daily operatio

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Jan 07 2025BUSINESS

The Sudden End of Party City: A Trip Gone Wrong

Imagine this: six Party City employees hop on a plane to China to meet with suppliers. But their trip is cut short after just two days. Why? Because Party City was about to go bankrupt – again. This wasn't their first rodeo. They had been through bankruptcy before and came back swinging. But this ti

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Jan 07 2025BUSINESS

Streaming Giants Team Up: Fubo Jeff and Disney Hulu's Big Merge

Ever wondered what would happen if two big streaming services joined forces? Well, that's exactly what's happening with Fubo and Disney's Hulu + Live TV. These two are combining in a massive deal that also settles some legal drama. Both services let you watch live TV and cable networks on your

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Jan 07 2025BUSINESS

McDonald's Drops Diversity Targets After Court Ruling

McDonald's is rethinking its diversity policies. The fast-food giant announced it's ditching certain aims to boost diversity among its leaders. Why the change? A recent Supreme Court decision made affirmative action in college admissions illegal. Plus, there's been a conservative backlash against di

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Jan 06 2025BUSINESS

Streaming Giants Disney and Fubo Join Forces

Imagine you're binge-watching your favorite shows on Hulu, and suddenly you can switch to live sports or news seamlessly. That's what's happening as Disney combines its Hulu+ Live TV service with Fubo. This merger means these two streaming titans will work together, offering users a massive lineup o

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Jan 06 2025BUSINESS

Comcast's New Platform: A Game Changer for Small Business Advertisers?

You might think that advertising on TV is only for big businesses. But Comcast is set to change that game with their new platform called Universal Ads. This platform will make it super easy for smaller businesses to buy ad time on streaming services. It's like they're trying to lure advertisers away

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Jan 06 2025BUSINESS

Steel Giants Sue Biden Admin Over Blocked Merger

US Steel and Nippon Steel have filed lawsuits against the Biden administration and other parties, claiming that the president's decision to block their $14. 3 billion merger was politically motivated. The companies argue that the action was taken to favor the United Steelworkers union and support Bi

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