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Dec 30 2024BUSINESS

Shopping in 2024: A Year of Savvy Spenders and Budget Dining

In 2024, shoppers and diners in the U. S. were more careful with their money. High housing and food prices made people choosy about where they spent. Wealthy folks, for instance, started shopping at stores like Walmart and Aldi instead of pricier places. Eating out? People opted for fast food or coo

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Dec 30 2024BUSINESS

The Passing of Charles F. Dolan: A Cable TV Pioneer

Charles F. Dolan, the brain behind some of America's biggest media companies like HBO and Cablevision, has left us at the age of 98. His family confirmed that he passed away peacefully due to natural causes. Dolan's journey began in Cleveland, where he dropped out of John Carroll University. His big

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Dec 30 2024BUSINESS

A Close Call on LAX Runway: Delta Flight and Charter Jet

On December 27, plane spotters at LAX observed a worrisome moment. A Delta Air Lines flight, headed to Atlanta, nearly collided with a chartered jet carrying the Gonzaga University basketball team. The Delta flight, operating on an Airbus A321, departed five minutes late and arrived in Atlanta about

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Dec 30 2024BUSINESS

Big Lots' Big Shift: What's Next for Local Stores?

Big Lots, a well-known retail chain, is shaking things up after filing for bankruptcy last September. They're selling their stores and distribution centers to save jobs and keep their brand alive. The buyers? Gordon Brothers Retail Partners, who'll pass on Big Lots' assets to companies like Variety

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Dec 30 2024BUSINESS

Boeing Faces Major Setback After Plane Crash in South Korea

Boeing, a major US aviation company, has had a rough 2024. It started with a strike by 33, 000 machinists, which slowed down the production of popular planes like the 737 Max, 777, and 767. In January, a scary incident happened when a door plug fell off a 737 Max during a flight. This made safety ex

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Dec 30 2024BUSINESS

The Founding Father of Cable TV: Charles Dolan's Incredible Journey

Charles Dolan, a man who started with just 1, 500 cable TV customers in 1973, grew his business to over 3 million households by 2015. He sold Cablevision for $17. 7 billion to Altice, a European company, which now runs it under the Optimum brand. Dolan, the founder of HBO and pioneer of many cable

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Dec 30 2024BUSINESS

Teamwork Makes the Dream Work

You know how our body works? Each part has a job, and they all work together. Like, the hands grab food, the mouth eats it, and the belly digests it. If they don't work as a team, our body can't function well. The same goes for businesses. Working together is the secret sauce to their success. In t

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Dec 30 2024BUSINESS

Outlook Therapeutics: Navigating Risks in Supply Chain Dependence

Outlook Therapeutics, known by its ticker OTLK, has recently highlighted a new set of challenges. The company relies heavily on external manufacturers, primarily FUJIFILM Diosynth Biotechnologies, for making and supplying their drug candidates like ONS-5010/LYTENAVA. This outsourcing isn't without i

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Dec 30 2024BUSINESS

The Worldwide Shift: How Drug Companies Handle Changes Post-Approval

Ever wondered how drug companies manage changes after their products hit the market? A recent global survey shed light on this complex process known as post-approval change management. The survey, conducted among various pharmaceutical industries, aimed to understand how companies adapt to changes w

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Dec 28 2024BUSINESS

How Digital Changes Can Curb Insider Trading

Ever wondered how digital transformations in businesses can change how markets work? Well, it turns out that it's a big deal, especially for something called "informed trading. " This is when people use inside info to trade and it can really mix things up. It can make prices weird, make it hard for

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