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
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
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
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
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
In an unexpected turn of events, several major health insurance companies have made changes to their websites following a tragic incident. UnitedHealthcare, Anthem Blue Cross Blue Shield, and Elevance Health have all removed their leadership pages. This action comes after the CEO of UnitedHealthcare
After a 20-year break, Chi-Chi's Mexican restaurants are set to reopen in 2025. This resurrection is thanks to a deal between Michael McDermott, the son of Chi-Chi's founder Marno McDermott, and Hormel Foods, who owns the Chi-Chi's trademarks. Michael, who has experience with Kona Grill and Rojo Mex
Ever wondered why oil prices are going up? It's because OPEC+ has decided to hold off on increasing oil production. This group, led by Saudi Arabia and Russia, has voluntarily agreed to cut 2. 2 million barrels of oil per day until March 2025. That's like having a bunch of bakeries deciding to make
Chipotle recently announced a 2% increase in menu prices across the country. This decision comes as a response to higher costs of key ingredients like dairy, beef, and avocados. The move aims to counter the effects of inflation, which has been especially tough on restaurants. Despite the price hike,
Investors in Intel are feeling uneasy these days. The sudden departure of CEO Pat Gelsinger has sent the company's stock on a downward spiral. Despite an initial rally on Monday, the shares have been falling ever since. Industry experts are pointing fingers at the Intel board for how they've handled
