Business

Yum China CEO Joey Wat is confident that Chinese consumers are becoming more rational in their spending habits, contrary to the worries of economists and investors. While the broader Chinese economy is facing challenges, Yum China has seen its sales grow despite a 27% drop in share value over the past year. This shift in

In a groundbreaking development for the world of professional pickleball, Major League Pickleball and the Professional Pickleball Association have successfully completed their merger agreement. This highly anticipated merger is set to inject new capital into the sport and create a unified front for the two largest pickleball organizations. Creating a Holding Company The deal will

The ultrawealthy are always on the lookout for a better lifestyle and strong investment opportunities when it comes to purchasing their next property. According to recent studies, one-quarter of American ultra-high-net individuals, those worth $30 million or more, have plans to buy a residential property this year. These individuals already own an average of four

Rocket Lab, a space company known for its iconic Electron rocket, has been making significant progress in the development of its new vehicle, Neutron. Despite that, the company reported a net loss of $50.5 million in the fourth quarter, indicating a widening loss year over year. The full-year loss also increased by a considerable amount,

The recent announcement of Capital One’s $35.3 billion takeover of Discover Financial has sparked discussions and debates within the credit card industry. JPMorgan Chase CEO Jamie Dimon has shared his views on the potential implications of this mega-deal and how it may affect the competitive landscape. In this article, we will analyze Dimon’s comments and

Airlines such as United Airlines, American Airlines, and JetBlue Airways have recently raised their prices for checking bags. The cost of checking a bag now depends on whether you pay in advance online or at the airport. Carriers are incentivizing customers to pay for baggage ahead of time to streamline the check-in process and reduce

Intuitive Machines, a Houston-based company, experienced a significant boost in its stock value after the successful landing of its Nova-C cargo moon lander on the lunar surface. The mission, known as “Odysseus,” marked a historic moment as the first privately developed spacecraft to land on the moon and the first U.S. spacecraft to soft-land on

Intuitive Machines is aiming to make history by attempting to reach the moon’s surface, which would mark the first American lunar landing since the Apollo era. The mission, known as IM-1, is set to soft land near the moon’s south pole. The spacecraft has been performing as expected, with good readings and the engine functioning

Boeing, the aerospace giant, has made a significant move by replacing the head of its 737 Max program. The decision comes in the aftermath of a panel blowout incident that occurred during an Alaska Airlines flight. This incident not only led to a brief grounding of the aircraft but also raised concerns about the company’s

A coalition of unions has recently criticized Starbucks for its handling of the ongoing union movement among its employees. The Strategic Organizing Center argues that the coffee giant has implemented a flawed human capital management strategy, leading to reputational risks, diminished shareholder returns, and alienated customers. The group plans to replace three current Starbucks board