BUSINESS TURNAROUND

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Dec 12 2025BUSINESS

How True Religion Made a Comeback

True Religion, a brand known for its high-end jeans, faced tough times after its former president, Michael Buckley, stepped down in 2010. The company struggled to keep up with the growing trend of online shopping and filed for bankruptcy not once, but twice—in 2017 and 2020. Buckley returned to the

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Mar 13 2025FINANCE

Intel's New Chief: A Fresh Start or More of the Same?

Intel has a new leader in town. Lip-Bu Tan, the former CEO of Cadence Design Systems, will step into the role of Intel's CEO on March 18th. This move comes after a long search for a permanent replacement for Pat Gelsinger, who retired at the end of last year. Tan's appointment is a big deal for Inte

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Oct 15 2024BUSINESS

Walgreens to Close 1,200 Stores in Major Revamp

Walgreens has decided to shut down around 1,200 of its stores over the next three years. This move is part of the company's strategy to improve its struggling U.S. business. The first 500 closures are expected to happen this fiscal year and should positively impact the company's earnings and cash fl

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