Jim Ratcliffe: Who is the man buying Man Utd stake?
One of the UK’s richest men, Sir Jim has built a multi-billion pound business by snapping up unloved assets.
One of the UK’s richest men, Sir Jim has built a multi-billion pound business by snapping up unloved assets.
Netflix (NFLX.O) has defeated a lawsuit filed by shareholders in a federal court in California that accused the streaming entertainment company of hiding the extent to which account-sharing was hindering its growth. A Texas-based investment trust sued in May 2022, after Netflix shares lost a third of their value when the company said subscribers were decreasing for the…
Boeing CEO Dave Calhoun said the company acknowledges “our mistake,” after a door plug on a 737 Max 9 blew out in the middle of an Alaska Airlines flight, creating a gaping hole in the fuselage and prompting a grounding of that aircraft type by federal regulations. The Federal Aviation Administration grounded the 737 Max…
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Artificial Intelligence (AI) has rapidly evolved from a futuristic concept into a transformative force across industries. In 2024, AI is not just a buzzword but a core component reshaping business operations and strategic planning. From automating routine tasks to providing deep insights through data analysis, AI is revolutionizing how businesses operate and compete. This blog…
Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements. Walgreens disclosed the settlement in a securities filing last week. The company said it had asked a federal court to vacate a previous award in Humana’s favor for $642 million….
Liquidation Sale signs in business storefront, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Small business bankruptcies are on the rise. Subchapter V filings — which most small businesses these days are using to reorganize a floundering business — have outpaced filings from…