CORPORATE

Nov 06 2024CRIME

Simple Mistake, Big Consequence: Norwegian Publishers' Blunder

Ever heard of a convenient crime? White-collar crimes, like those committed by big companies, often happen because it's just, well, convenient. Let's take a look at a mishap in Norway involving publishing houses. They ended up paying steep fines because they broke competition laws by agreeing to boy

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Nov 05 2024BUSINESS

OpenAI's Shift: From Non-Profit Pioneer to For-Profit Powerhouse

Imagine a tech giant considering a major move – that's what's happening with OpenAI. The AI innovator, led by Sam Altman, is in early discussions with California's attorney general to switch from a non-profit to a for-profit company. This isn't just a small change; it's a significant shift for a com

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Oct 26 2024BUSINESS

Will Microsoft Dive into Bitcoin? Shareholders Decide

Microsoft is facing a big decision. On December 10, its shareholders will vote on whether the company should invest in Bitcoin. This vote comes after a conservative think tank, the National Center for Public Policy Research, suggested that Bitcoin could be a great way to protect against inflation. B

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Oct 25 2024BUSINESS

Boeing Strike: Pensions and Planes on the Line

Last month, Boeing workers walked off the job with a clear demand: they want their pensions back. In 2013, Boeing froze the traditional pension plan to keep production in Seattle, claiming it was too expensive. But now, workers are feeling the squeeze and aren't giving in. They recently rejected Boe

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Oct 21 2024BUSINESS

Disney Picks Gorman as New Board Chair; CEO Change in 2026

Disney has chosen James Gorman to be the company's next board chairman starting in January, replacing Mark Parker. This move comes as Disney prepares to find a new CEO to replace Bob Iger, who will step down in 2026. Gorman, who joined Disney's board less than a year ago, has been leading the succes

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Oct 18 2024BUSINESS

CVS Picks New CEO: David Joyner Takes the Helm

CVS Health has named David Joyner as its new CEO, filling the shoes of Karen Lynch who stepped down after an agreement with the board. Joyner, previously the vice president of CVS Health and president of CVS Caremark, will also join the board. The company believes Joyner's deep understanding of thei

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Oct 18 2024BUSINESS

CVS Health Changes Leadership Amid Challenges

CVS Health has announced the departure of CEO Karen Lynch as the company faces multiple hurdles. Shares have declined 19% this year due to higher healthcare costs, weak drugstore sales, and growing investor concerns. The company also revised its third-quarter earnings forecast downward. David Joyner

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Oct 18 2024ENVIRONMENT

Big Change: Amazon Swaps Plastic for Paper in Packaging

Amazon, the world's largest online retailer, has finally said goodbye to plastic air pillows in its packages. After years of pressure from environmental groups, the company announced last week that it's ditching plastic in favor of paper-based padding that's easier to recycle. This is a big deal bec

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Oct 11 2024BUSINESS

Polaroid's Artistic Side: The Story of Meroë Morse and Edwin H. Land

Polaroid, founded in 1937 in Cambridge, was a powerhouse of innovation. Its founder, Edwin Land, combined science, art, and technology, earning 535 patents from the US Patent Office. Harvard Business School's latest exhibition, "From Concept to Product," explores Polaroid's artistic side, focusing o

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Oct 10 2024EDUCATION

Gaia Diaz's Music Dream Becomes a Reality

Gaia Diaz, a dedicated student at Long Beach City College, is chasing her dream of teaching music. For Hispanic Heritage Month, she received a big surprise. Helpful Honda, with the help of SoCal Honda Dealers, gifted her a brand new cello. This impressive instrument comes with musical accessories, e

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