The Market Basket supermarket chain in Waltham, Massachusetts, has seen a significant change in its leadership. The board of directors has placed CEO Arthur T. Demoulas and several other executives on leave. This move has sparked concerns among customers, who worry about potential price hikes due to
Elon Musk is returning to his business ventures after a brief and eventful stint in government. His electric car company, Tesla, is facing significant hurdles. The company's profits took a massive hit in the first quarter of the year, dropping by 71%. This downturn came just as a Chinese rival claim
In the heart of Iceland, two massive plants stand as symbols of hope and controversy. They operate like giant air purifiers, pulling in air and extracting carbon dioxide, a major contributor to global warming. This technology, known as direct air capture, is championed by a Swiss company called Clim
Investors looking for a solid bet in the water technology sector might want to take a closer look at Xylem. This company has been making waves, and not just in the water it manages. A recent analysis suggests that Xylem's stock could see a significant boost, making it an attractive option for those
A major media company is making big changes. They are cutting 21% of their staff. This is not the first time they have done this in recent years. The company is focusing more on live events and artificial intelligence. This shift is part of a broader strategy to stay relevant in a changing media lan
There is a new player in the crypto world. Donut Labs has just secured $7 million in a pre-seed round. This money comes from a mix of well-known investors. Hongshan, BITKRAFT, and HackVC are leading the charge. Sky9 Ventures, Matrix Partners, Makers Fund, Altos, Orthogonal Ventures, Vessel Ventures,
A Peruvian farmer who also works as a mountain guide has faced a setback in his legal fight against a major European energy corporation. Saúl Luciano Lliuya, who resides in the central Ancash region of Peru, took legal action against RWE. This company is one of Europe's top producers of greenhouse g
In a major move, E. l. f. has decided to buy Rhode, the skincare brand founded by Hailey Bieber, for a whopping $1 billion. This deal is a big step for E. l. f. , which has been growing fast since it started in 2004. E. l. f. is known for its affordable, high-quality products, and this purchase is a
HP, a major player in the tech world, recently shared its second-quarter results. The news? It's a mix of good and bad. On one hand, the company's revenue was higher than what experts predicted. On the other hand, earnings and future predictions fell short, partly due to President Donald Trump's tar
The fashion world is buzzing with news from Abercrombie & Fitch. Despite a gloomy forecast due to tariffs, the company's shares skyrocketed. This unexpected reaction came after the retailer announced a significant drop in its profit outlook. Tariffs, particularly a 30% hit on imports from China and
