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Gucci Predicts 20% Sales Drop in Q1 Earnings Amid Asia Slowdown

Gucci's anticipated 20% sales drop in the first quarter of 2024, attributed to an Asia slowdown, prompts parent company Kering to revamp management and introduce new collections.


Biden Administration Relieves $6 Billion in Student Debt for 78,000 Public Service Workers

The Biden administration's additional $6 billion in student debt forgiveness for over 78,000 public service workers brings the total amount of public service loan forgiveness for nearly 871,000 borrowers since Joe Biden took office to $62.5 billion.

Starbucks Faces $5 Million Lawsuit For Alleged Discrimination Against Lactose-Intolerant Customers

Starbucks is being sued by a group from California who believe that the well-known coffee shop discriminates against its lactose-intolerant customers.

White House Says 10% of US Workers Are in Jobs That Could Be Affected by the Rise of AI — Will It Lead to Job Losses?

A White House study estimated that around 10% of American workers are in jobs that face the threat of disruption from the fast-evolving artificial intelligence (AI).


Latest News

Elon Musk's brain implant company, Neuralink, revealed its first human patient, Noland Arbaugh, a 29-year-old quadriplegic, during a livestream on Wednesday.
The UK's Open University found that X (previously Twitter) had a greater prevalence of harassment and threats against women and girls than other social media sites.
The FCC is investigating Amazon and other online retailers for selling and promoting illegal jamming equipment.
Asian markets are poised for further gains after US markets' positive reaction to the Federal Reserve's signal that interest rates could be slashed by 75 basis points this year.
The DOJ is preparing to file suit against Apple on Thursday, alleging that the company violated antitrust laws by preventing competitors from accessing hardware and software features of iPhone.
Cathay Pacific is enhancing its inflight dining experience by collaborating with JIA Group's Michelin-starred French restaurant Louise to introduce a fresh perspective on traditional French cuisine.
Gold prices surged to a new all-time high on Thursday, and experts predict they will rise further. Gold prices surged to a new all-time high on Thursday, signaling a continued rally driven by some factors, such as increased bullion buying by central banks.
Reddit has set the price of its shares at the top of its targeted range, valuing the popular social media platform at $6.4 billion as it proceeds with its initial public offering (IPO).
Target has begun implementing a new self-checkout policy nationwide, which restricts the number of items shoppers can process per transaction to 10.
In a podcast with Mediaite's editor in chief, Don Lemon addressed reports about his alleged diva-like demands during negotiations with Elon Musk's X.