Business

Shein Faces Allegations of ‘Egregious’ Copyright Infringement and Racketeering

In recent weeks, Chinese online retailer Shein, currently the world’s largest fashion retailer, has come under fire for alleged copyright infringement and racketeering. A lawsuit filed by three designers, Krista Perry, Larissa Martinez, and Jay Baron, claims that the online fashion giant has copied their designs using a “secretive algorithm” to reproduce them on its […]

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Trust, Honesty, and Putting Others First: Entrepreneur Katherine Grullon Cuervo Shares Her Golden Rules of Running a Thriving Business

Trust is the glue that binds all human relationships. Without trust, you never feel at ease or able to express who you are. Instead, you hold back, fearful of being cheated, hurt, or let down. Whether it’s marriage, team sports, or business, broken trust destroys foundations. The Harvard Business Review recently reported on the effect […]

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Oil Market Adjustments: Unilateral Cuts in Production Spur Crude Oil Prices

Crude oil and gasoline prices experienced a rallying surge on Wednesday, achieving 1-week highs and closing notably higher. This boost was fueled by a growing expectation for tightened global crude supplies, a direct result of Saudi Arabia and Russia’s recently announced reductions in crude production. Consequently, the WTI crude oil for August (CLQ23) closed up […]

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Nvidia Tops the $1 Trillion Market Cap

Nvidia is one of the biggest names in the gaming industry, providing GPUs for high-power applications across the board. However, while the company has traditionally been a big name in terms of share values, this week has proven very significant overall. Indeed, the company has just topped the $1 trillion value for shares, making it […]

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Arnold Schwarzenegger Stepping Up as Chief Action Officer for Netflix

Despite starting out as a small brand in 1997, Netflix has never been afraid to try something new; it’s what helped develop the brand into the household name we all know and love. However, one latest announcement has left fans feeling a little surprised at the shock announcement, which tied Arnold Schwarzenneger to the brand […]

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Apple Inc. Shares Have Room for Further Rally, Predicts Citigroup

Shares of Apple Inc., the world’s largest tech company, recently hit a fresh record high, putting it on the brink of an unprecedented $3 trillion valuation. According to Citigroup Inc., however, Apple still has room to rally another 30%, despite already seeing a significant surge in shares. Atif Malik, an analyst at Citigroup, initiated coverage […]

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Elon Musk and Mark Zuckerberg Tease Potential Cage Fight

In what seems to be an unexpected event, Elon Musk, the billionaire head of Tesla, and Mark Zuckerberg, the leader of Meta, the parent company of Facebook and Instagram, have both expressed interest in fighting each other in a cage match. Musk initiated the tease via his Twitter handle, expressing that he was “up for […]

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US Department of Agriculture Approves Sale of Cultured Meat in Historic Ruling

The U.S. Department of Agriculture (USDA) has greenlit the sale of cell-cultured chicken, paving the way for the revolutionary product to be sampled by American consumers. The two pioneering startups that have secured the first approvals are Good Meat, a subsidiary of Eat Just, and Upside Foods, as they announced on Wednesday. Cultured meat, alternatively […]

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Toyota’s Innovation in Electric Vehicle Technology: Simulated Manual Transmission

Toyota, the world’s largest automaker, has turned heads with a new development in its electric vehicle technology that brings an unexpected hit of nostalgia for seasoned drivers – a simulated manual transmission. According to a patent report filed by Toyota in May 2023 and obtained by CNN, future models of the company’s electric vehicles could […]

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Starbucks Embroiled in Pride Decorations Controversy

Starbucks, the globally recognized coffee chain, is facing controversy following allegations from the Starbucks Workers United union that the company has banned in-store Pride decorations mid-way through Pride Month. While the company has publicly denied these accusations, it has ignited a discourse about the intersection of corporate policy, worker rights, and representation in the public […]

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