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
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
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
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
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
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
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
Richard Parsons, a prominent figure in the world of business, passed away recently at the age of 76. Known for his influential roles at Time Warner and Citigroup, Parsons left a significant mark on corporate America. Diagnosed with multiple myeloma in 2015, he continued to contribute to various boar
In the age of internet reviews, how a hotel responds to negative feedback can make or break its reputation. A recent study looked at how hotels in Beijing and London use language to deal with unhappy guests. It turns out, they have different ways of handling complaints. The study found that Chinese
Boeing is hoping to turn things around in 2025 with its space program. After a tough 2024, investors are curious about what the company has planned. Boeing's CEO, Kelly Ortberg, says the team is ready to perform better. One big factor could be the Vulcan rockets, which Amazon will use for space laun
