Madeline Garfinkle
Editorial Assistant
Latest
Under Armour CEO Unexpectedly Steps Down, Receives $7.1 Million in Severance
After two years on the job, Patrik Frisk will step down as CEO of Under Armour, effective June 1.
U.S. Soccer Becomes First in the Sport to Equalize Pay for Men and Women
A landmark agreement makes the U.S. the first in the sport to truly equalize pay for men and women.
Tesla Cybertruck: First Production Delays, Now Restricted Regions
The Tesla Cybertruck garnered global attention upon its unveiling in 2019, but it has been in delayed production ever since. Now, the company is limiting reservations to North America.
McDonald's to Exit Russia for Good: 'We Can No Longer Keep the Arches Shining There.'
After 30 years and over 800 stores, McDonald's has decided to leave Russia for good following its temporary closure of stores amidst conflict with Ukraine.
First Major Airline Strikes a Deal With Pilots Union
United Airlines has come to an agreement with its pilots' labor union on new contract terms, setting an example for the rest of the industry.
This Company Passed Apple as the Most Valuable Company in the World. Here's Why.
Shifts in the market amid rising interest rates, inflation and supply chain constraints have created the perfect storm to bump Apple from its rank as the most valuable company in the world.
Carvana to Lay Off 12% of Its Workforce, Ignites 'Mass Hysteria'
The automotive retailer Carvana Co. announced it will be laying off over 2,000 workers, about 12% of its workforce, in efforts to align expenses with sales.
Pfizer Pays $11.6 Billion for Drug-Maker in Its Biggest Deal Since 2016
Pfizer announced it will buy migraine drug maker Biohaven for about $11.6 billion – in cash.
Rough Monday For Bitcoin: 5.2% Drop in 24 Hours
After its fifth consecutive day of drops, Bitcoin is down more than 50% since its peak in November.
Billionaire Investor Warns U.S. Economy Could Face 'Serious Problems' If Fed Doesn't Hike Rates Within the Year
Investor Sam Zell voiced disapproval of the Fed's decision to raise interest rates by 50-basis points, saying the economy could be in trouble if they don't hike rates up to 100.
Shell Rakes in $9.1 Billion in First Quarter. What Does It Mean for the Rising Cost of Living?
Shell reported record high earnings of $9.13 billion in the first quarter of 2022, prompting action from lawmakers to impose higher taxes on gas companies to aid those struggling amidst rising prices.
Record High: U.S. Now Has 2 Job Openings for Every Person Who Is Unemployed
Latest data from the Bureau of Labor Statistics reveals employers posted a record high of 11.5 million job openings in March.
SEC Nearly Doubles Size of Crypto Unit to Protect Investors in the $1.7 Trillion Cryptocurrency Market
The Securities and Exchange Commission is adding 20 new positions to the team responsible for protecting crypto investors.
New York Lawmakers Seek to Limit Warehouse Productivity Quotas, Targeting Amazon
The Warehouse Worker Protection Act aims to prevent rising injury rates in warehouses, taking direct aim at Amazon after the company was named one of the most dangerous workplaces for the third time by the National Occupational Safety and Health Council.
Hidden AirTags Will Be Easier to Find Thanks to This New Feature
Apple is taking initiatives to make hidden AirTags easier to locate, discouraging their use for mal-intent and stalking purposes.
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