Alaska Airlines, Flight Attendants Union Achieve 'Record' Tentative Labor Agreement

Alaska Airlines and its flight attendants' union have reached a historic tentative labor agreement, marking the end of a prolonged period without new contracts and pending approval by union leadership and membership.

Shares of Australian-Mexican Food Chain Guzman y Gomez Soar North of 30% in Trading Debut

Australian Mexican restaurant chain Guzman y Gomez went public on June 20, 2024 at the Australian Stock Exchange and traded over 30% north of its IPO of A$22 ($14.67) per share...

Rite Aid to Close 27 US Outlets as Drugstore Chain Faces Federal Bankruptcy

Rite Aid is closing more than 20 US stores, according to court documents filed this week in its federal bankruptcy case...

France Leads in Generative AI Funding Race in Europe

France is leading in the generative AI funding race in Europe, according to a new report...

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China's Li Visits NZ to Strengthen Business, Trade Ties
Chinese Premier Li Qiang is in New Zealand for a three-day trip aimed at strengthening business and trade ties between the two countries.
Amazon and Vrio to Challenge Starlink with Satellite Internet Launch in South America by 2025
Amazon and Vrio plan to deploy 3,236 low Earth orbit satellites to provide broadband internet to South American countries, directly competing with Elon Musk's Starlink.
OpenAI Teams up With Oracle to Increase Computing Capacity for ChatGPT
Oracle is helping OpenAI and Microsoft to boost ChatGPT's processing capability.
TikTok Shop-Tokopedia Merger Could Leave Thousands of Employees Jobless; Almost 500 Already Terminated
The TikTok Shop-Tokopedia merger in Indonesia could leave thousands of employees jobless. ByteDance has already begun terminating hundreds of staff.
PH Telco Giant PLDT Aims to Sell Almost 50% of Its Stake; $1 Billion Deal Now Being Finalized
A Philippine telco giant is planning to sell almost 50% of its business. It's now finalizing a $1 billion deal with a foreign entity.
Cognizant to Acquire Digital Engineering Firm Belcan for Nearly $1.3 Billion
Cognizant has announced the acquisition of digital engineering firm Belcan for nearly $1.3 billion.
Robinhood Acquires Crypto Platform Bitstamp for $200 Million
It is understood that Robinhood is planning to acquire London-based cryptocurrency exchange Bitstamp with a value of $200 million in cash in a move to expedite its global cryptocurrency expansion.
Tech News Portal Gizmodo Acquired by Europe-Based Media Firm Keleops
Swiss and French online tech media company Keleops buys Gizmodo.
Amazon Workers' Union Affiliates with Teamsters in Strategic Partnership
The Amazon Labor Union has affiliated with the International Brotherhood of Teamsters, receiving support from one of the most powerful labor unions.
Intel Partners with Apollo Global, Selling Stake in Irish Plant for $11 Billion
Intel Corp. and Apollo Global Management announced a joint venture to invest $11 billion in a chip-manufacturing facility in Ireland, with Apollo acquiring a 49% stake from Intel, aiming to close the
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