Chinese Scientists Develop Plasma-Based Energy Shield for Military Defense
A group of scientists from China’s top military technology research institution is making waves with a groundbreaking development in defensive technology. They are working on creating a plasma-based energy shield, reminiscent of the shields seen in science fiction, to protect…
Spirit Airlines Merger: Potential Trading Strategies
Spirit Airlines: Trading Strategies While Waiting For The Airline Merger Jan. 08, 2024 6:04 AM ET Spirit Airlines, Inc. (SAVE) Stock By: Lexi Mural Summary The proposed merger between Spirit Airlines and JetBlue Airways is facing challenges from the Department…
Surge in Personal Use of Corporate Jets by CEOs
According to a recent analysis by The Wall Street Journal, the personal use of corporate jets by CEOs has seen a significant surge, with companies in the S&P 500 spending a staggering $65 million on this executive perk in 2022….
MGM Resorts announces exclusive partnership with Marriott Bonvoy
MGM Resorts International has announced a new partnership with Marriott International, unveiling exclusive benefits, points transfers, and status matches for members of both loyalty programs. The partnership, set to take effect early this year, will see MGM properties becoming bookable…
Restaurant Brands International Acquires Carrols Restaurant Group for $1 Billion
Restaurant Brands International, the parent company of Burger King, has announced its acquisition of Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for approximately $1 billion in cash. The deal marks a significant shift in strategy for…
Tesla Ramps Up Production Despite Concerns About CEO Elon Musk’s Behavior
Recent reports have indicated that Tesla is ramping up its production, despite ongoing concerns about CEO Elon Musk’s behavior. The company has been making strides in increasing its output, particularly with the Model 3, as it aims to meet growing…
Power Outage in Colorado Springs Leaves 1,500 Without Power
More than 1,500 people were left without power in Colorado Springs on Saturday afternoon, as reported by Colorado Springs Utilities. The outage affected the Stratmoor Hills area, located on the southwest side of town near Highway 115 and South Academy…
Synopsys announces $35 billion acquisition of Ansys
Synopsys, a semiconductor design and software firm, has announced its acquisition of Ansys, an engineering and product design software firm, in a cash-and-stock deal valued at approximately $35 billion. The deal, expected to close in the first half of 2025,…
Amazon Employees Express Concerns Over Alleged ‘Quiet Firing’ Tactics
Amazon employees are expressing concerns over the company’s alleged use of ‘quiet firing’ tactics and a potential ‘brain drain.’ The tactics involve pressuring managers to give low performance reviews and implementing stricter return-to-office policies, ultimately leading employees to quit without…
Erika Ayers Badan Steps Down as CEO of Barstool Sports
A new era is looming at Barstool Sports as Erika Ayers Badan, the CEO, is stepping down from her role. Ayers Badan, 48, joined Barstool in 2016 and played a pivotal role in the company’s significant growth and expansion. The…