BUSINESS

Oct 07 2024BUSINESS

Southeast Asia's Rise as a Manufacturing Hub: A Look at the SEA 500 List

The Southeast Asia 500 list has highlighted a significant trend: the region is becoming a major manufacturing hub. The COVID-19 pandemic and geopolitical tensions have sped up this transformation. While financial companies top both the U.S. Fortune 500 and SEA 500 lists, Southeast Asia has more ener

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Oct 07 2024BUSINESS

A Big Shift: Nvidia’s Finance Head Joins a Startup

Simona Jankowski, who has been at the helm of investor relations and strategic finance at Nvidia for seven years, is leaving to join a startup as their chief financial officer. The move comes after her notable contribution to the company’s growth during her tenure. In 2017, when she joined Nvidia fr

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Oct 07 2024BUSINESS

Young Finance Chiefs: What's Their Secret?

Ever wondered how some finance chiefs climb the corporate ladder so quickly? Let’s take a look at three young stars who have proven their mettle in the world of business. Shawn Flores, 35, has been with Par Pacific Holdings for nearly a decade and is now its CFO. He believes in creating an efficient

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Oct 07 2024BUSINESS

Humana's Stock Dives After Medicare Rating Drop

It's been a rough week for Humana, the health insurer. Their stock has taken a big hit, dropping 23% since Monday – that’s the worst weekly fall since 2020 and the sharpest two-day drop in 15 years! The cause? Medicare is downgrading some of Humana's key health insurance plans, which could hurt thei

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Oct 07 2024BUSINESS

Where Jobs Are Booming in September 2024 - A Quick Look

The job market had a surprising burst of energy in September 2024. Leisure and hospitality led the way with 78,000 new jobs, while health care and social assistance added another 71,700. If private education was included, that group would have taken the top spot for job growth. Within the hospit

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Oct 07 2024BUSINESS

Tom Brady's Advice Drives UFC Boss to Big Event Bet

UFC President Dana White is setting the stage for a big event in Las Vegas. The upcoming UFC 306 pay-per-view card will take place on September 14, coinciding with Mexican Independence Day. White has dubbed it “a love letter to Mexican people.” To make this event extra special, he's investing $20 mi

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Oct 07 2024BUSINESS

True Religion’s Comeback: Is a Sale on the Horizon?

Ever heard of True Religion? It's that jeans brand from the early 2000s known for its flashy designs and celebrity fans. Well, it seems like they might be up for sale! The company that owns True Religion is looking into selling it after a tough decade filled with bankruptcies. But things are looking

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Oct 07 2024BUSINESS

Target's CEO on Combating Retail Crime: Progress and Plans

Brian Cornell, Target's CEO for a decade, has seen improvements in retail crime management. He admitted that securing essential items isn’t ideal but it keeps stores open. The future holds more of the same – body wash, deodorant, and undergarments will stay behind glass barriers, requiring hand swip

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Oct 07 2024BUSINESS

Mexico's Rising Appeal for Business and Challenges in Supply Chain Security

As global trade tensions escalate, Mexico has become an increasingly attractive destination for international companies looking to diversify their supply chains. Recent events like the blockage of the Suez Canal have sparked renewed interest from firms seeking alternatives to China. However, Mexico

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Oct 07 2024BUSINESS

Crypto Theft: A $1. 38 Billion Surge in 2024

Hackers have been on a roll this year, stealing twice as much cryptocurrency in the first six months of 2024 compared to the same period in 2023, according to a recent report by TRM Labs. The total loot now stands at a whopping $1.38 billion, with a few massive heists making up most of that amount.

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