Boohoo considers shutting factory after BBC investigation
Boohoo opened the site in 2022 but is considering closing it after a BBC Panorama investigation.
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2 Models Of Apple Watch Can Go On Sale Again, For Now
A federal court temporarily lifted a sales halt on two higher-end models of the Apple Watch ordered by the International Trade Commission due to a patent dispute.
Blog | Business | Technology
From Wall Street to Silicon Valley: Where Business and Tech Collide
The worlds of high finance and high technology have often seemed like separate universes. Wall Street represents the traditional bastion of capital markets, investment firms, and regulatory frameworks, while Silicon Valley embodies innovation, risk-taking, and the fast-paced culture of startups. Yet in today’s global economy, the line between business and technology has blurred. Increasingly, Wall…
The next big post-affirmative action legal ruling to drop targets billions in small business contracts
The Small Business Administration’s federal contracting program for socially and economically disadvantaged small businesses wasn’t a direct target of the U.S. Supreme Court decision earlier this year to effectively end race-conscious admission programs at colleges and universities. But it helped buoy the legal attacks against the SBA program, and more changes could be on the way…
An “Angry Mob” On Reddit Is Pushing Up GameStop’s Stock Price And Pissing Off A Bunch Of Wall Street Firms
By encouraging everyday investors, also known as retail investors, to buy up GME stock and increase its price, hedge funds would have to sell out in order to cut their losses from having shorted the stock, which increases the stock price even further. “Hedge funds are getting their asses kicked by the retail investor,” Lindzon…
Boeing shares tumble after panel blows out midflight, FAA grounds dozens of 737 Maxes
Shares of Boeing tumbled 8% on Monday as investors digested the news that the Federal Aviation Administration had ordered airlines to ground dozens of Boeing 737 Max 9 aircraft for urgent inspections. The FAA issued the order on Saturday after a door plug blew out in the middle of an Alaska Airlines flight on Friday when the…
The US Government Says Facebook Needs To Sell Instagram And WhatsApp
Facebook has used illegal monopoly power and an “unlawful scheme” to stifle competition, degrade personal privacy, and crush rivals, according to antitrust lawsuits filed Wednesday by the Federal Trade Commission and attorneys general from 46 states and two territories. “For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals…
