BUSINESS

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Dec 09 2024BUSINESS

Elon Musk vs. The Judge: A Pay Package Battle

Elon Musk has been in a public spat with a Delaware judge over his $56 billion pay package from Tesla. The judge, Kathaleen St. J. McCormick, rejected the idea of reinstating the package. She argued that the stock options were approved under "deeply flawed" conditions and that Musk had too much cont

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Dec 08 2024BUSINESS

The Ultimate Guide to Boeing's Business Jets

Imagine you're a global leader or a CEO of a major company. What kind of airplane would you want to travel in? Boeing Business Jets (BBJs) have been the top choice for many, offering private, corporate, and government travel. Let's dive into the world of BBJs and explore their most popular models.

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Dec 08 2024BUSINESS

Is MSNBC Really For Sale?

In late November 2024, a surprising rumor started floating around social media: did Comcast put its cable network MSNBC up for sale? A Facebook page called American Liberty sparked the buzz, quipping, "Anyone got any spare change? " with a screenshot that read, "Comcast is putting MSNBC up for sale.

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Dec 07 2024BUSINESS

Boosting Security After Shocking CEO Killing

The tragic killing of Brian Thompson, CEO of UnitedHealthcare, has prompted many businesses to step up their security measures. Some companies have temporarily closed their headquarters, while others have scrubbed their websites of executive photos. Companies across various industries are hiring mor

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Dec 07 2024BUSINESS

Two Senators Want Answers: Are Sports Betting Giants Breaking the Law?

Two senators from opposite sides of the aisle have teamed up to investigate if sports betting apps FanDuel and DraftKings are breaking antitrust laws. They've sent a letter to the Justice Department and the Federal Trade Commission (FTC) asking them to look into their concerns. Senators Mike Lee (R-

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Dec 07 2024BUSINESS

Texas Tech Firms Score Big in Semiconductor Investments

Lately, two North Texas tech companies have managed to secure a substantial amount of funding. They've bagged over $80 million collectively, thanks to the CHIPS and Science Act. This act aims to boost the semiconductor industry, which is crucial for national security and economy. The funding comes j

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Dec 07 2024BUSINESS

Stock Surprises: Who's Up, Who's Down Before the Bell?

Some big names in business are making waves before the stock market opens. Lululemon's shares jumped by 9% after they did better than expected in the last quarter and gave an okay outlook for the holidays. Samsara, a software company, saw its stock drop by 9% because their future plans weren't as ex

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Dec 07 2024BUSINESS

November Job Report: A Mixed Bag for Workers and Economists

In November, the job market bounced back with 227, 000 new jobs outside the farming sector, a big leap from the revised October figure of 36, 000. This rebound was driven by a drop in labor strikes and severe weather in the Southeast. Healthcare, leisure and hospitality, and government jobs led the

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Dec 07 2024BUSINESS

EU and South America Team Up for Big Trade Deal

After two and a half decades of talks, the European Union and five South American countries, known as Mercosur, have finally sealed a massive trade deal. This agreement, the biggest for both sides, will create a market of 700 million people by lowering tariffs on over 90% of goods. The deal was anno

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Dec 07 2024BUSINESS

Why Did UnitedHealth's Stock Stay Calm After CEO's Murder?

When Brian Thompson, CEO of UnitedHealthcare, was killed in Manhattan, it made headlines worldwide. Yet, the stock market seemed unfazed. UnitedHealth's stock barely moved on the day of the tragedy, only dipping later. This could suggest that the company's success isn't tied to one person. UnitedHea

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