Texas Instruments has just received a whooping sum of around $2 billion from the federal CHIPS Act. The funding will go towards building three new factories in Sherman, Texas, and Lehi, Utah. This project is expected to create about 2, 000 new jobs. Apart from this, the company anticipates getting a
Recently, a federal judge in Delaware gave some guidance on the WARN Act claims from Yellow Corp. ’s former employees. They argue they weren't properly notified ahead of mass layoffs in July 2023. The judge said Yellow was correct in using some defenses, but the notices given were "insufficient. " T
What makes a region develop economically in a high-quality way? This question is explored in a study that focuses on Chongqing's "One District, Two Groups" initiative from 2017 to 2021. By creating an index system with dimensions like economic vitality, coordinated growth, green development, and dig
Dan Abrams, a prominent figure in NewsNation's primetime lineup, will be leaving his regular 9 p. m. slot early next year. On a recent episode, Abrams shared that his busy schedule, including managing multiple media businesses, makes it difficult to balance his responsibilities. The entrepreneur run
It's a new day for Darien's business community. Mayor Joseph Marchese dropped a surprise announcement on Thursday. The city has taken over the chamber of commerce's events and hired its former executive director. This is all part of the new Darien Business Alliance, which the City Council has just a
Back in the 90s, FedEx jumped into the LTL business by acquiring Viking Freight and American Freightways. The idea was to offer a full package of shipping options, from small parcels to large truckloads. This strategy was similar to its rival, UPS. However, as the years passed and the shipping world
Nike's boss, Elliott Hill, recently admitted that the sports giant has lost its focus on sports, much to the surprise of investors. After a brief surge in shares, the company's stock took a nosedive when Hill forecasted a double-digit drop in revenue for the coming quarter. Hill, who took over in Oc
In 2024, California added more residents than it had in years, finally making progress towards its pre-pandemic population high. The state's population grew by about 233, 000 residents, bringing the total to just under 39. 5 million. Experts see this as a positive sign after a period of decline, kno
Years after Flight MH370 vanished, Malaysia is considering a new search plan. A U. S. company, Ocean Infinity, has proposed a "no find, no fee" deal to look for the missing plane. They've pinpointed a new area in the southern Indian Ocean, where the plane is believed to have crashed. The company wil
Novo Nordisk, a big player in Europe's pharma scene, saw its shares take a huge hit on Friday. Why? Their latest weight-loss drug, CagriSema, didn't meet expectations. The drug helped patients lose about 22. 7% of their body weight in late-stage trials, but that was barely better than Eli Lilly's ri
