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Oct 19 2024BUSINESS

From City to Château: A New Life in France

Karen Kissane, a 49-year-old business coach, shifted her family's life dramatically when she moved to France. It all began after she faced career setbacks in the UK. Karen decided to start her own coaching business after encountering unfair treatment at her corporate job. Her income soon surpassed h

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Oct 19 2024BUSINESS

CVS Shakes Up Top Leadership in Face of Challenges

CVS Health has made a change at the top, with David Joyner taking over as CEO from Karen Lynch. This move comes as the company grapples with waning profits and a sliding stock price, which has dropped by nearly 20% this year alone. Shares fell by another 13% on the day of the announcement. Higher me

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Oct 18 2024BUSINESS

Trump's Tariff Plan: Catch-22 for His Own Business?

What happens when a businessman turned politician's policies could hurt his own ventures? That's the situation with Donald Trump's tariff proposals. Newsweek found that many Trump-branded products, like hats, jackets, and even Bibles, are made in countries like China and Vietnam. These are the same

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Oct 18 2024BUSINESS

Netflix's Ad Business Boosts Stock by 9% in Q3

Netflix's stock jumped 9% on Friday after the company's third-quarter earnings report showed strong growth in its advertising business. The streaming giant added over 5 million paid subscribers, beating Wall Street's expectation of 3.5 million. However, this figure is a 40% decrease from the same pe

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Oct 18 2024BUSINESS

Cyprus Banks: Fewer Russian and Ukrainian Clients After Sanctions

After Russia invaded Ukraine in 2022, Cyprus' banks saw a big drop in business with Russian and Ukrainian companies. They lost around 13,000 clients and 35,000 accounts, totaling about 2 billion euros. This happened because of sanctions from the U.N., EU, U.S., and UK against Russia. The number of

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Oct 18 2024POLITICS

The MSG Boss and His Family's Big Bet on Mayor Adams

Billionaire James Dolan, who owns Madison Square Garden, and his family and business associates have donated over $60,000 to Mayor Eric Adams in recent months. This happened while MSG was lobbying City Hall about important business matters, like the renewal of a special permit for the arena. The per

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Oct 18 2024BUSINESS

Big Companies' Finance Chiefs Chat About AI's Impact

At a recent summit, four major companies' finance chiefs discussed the impact of artificial intelligence (AI) on their businesses. Elena Gomez, the CFO at Toast, a cloud-based restaurant management software company, shared her thoughts on how AI could change their workforce. She mentioned that busin

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Oct 18 2024BUSINESS

Netflix's Ted Sarandos: Skipping Theaters is Good Business

Netflix co-CEO Ted Sarandos recently backed up the streaming giant's decision to mostly forgo theatrical releases. During a call with Wall Street analysts, he explained that Netflix is primarily focused on the subscription streaming business, and it's doing quite well. Sarandos pointed out that the

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Oct 18 2024POLITICS

Why Kamala Harris’ Tax Plan Is Missing the Mark with Small Businesses

Vice President Kamala Harris’ proposed tax plan, which includes a $50,000 tax credit for new startups, isn’t impressing the 30 million small-business owners in the U.S. A recent poll conducted by the Job Creators Network reveals that these owners prefer former President Donald Trump over Vice Presid

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Oct 18 2024CRIME

Why Downtown Riverside Business Owners are Struggling

Did you know that many shops in downtown Riverside, California, are having a tough time? Business owners are really upset because of a recent increase in crimes like theft, robbery, and even vandalism. This has not been an easy year for them. A jewelry store owner, Lety Gomez, has dealt with three b

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