Several major Arab airlines have been forced to cancel their flight schedules over the weekend following Iran's strikes on Israel.
Industry
Tesla Stock Plummets Following Elon Musk's Memo Announcing 10% Global Workforce Layoff
Elon Musk's announcement of layoffs exceeding 10% of Tesla's workforce led to a 1.20% decline in the company's stock during premarket trading, with investors expressing concerns over the decision's impact on the company's stability and future.
Indian Firms Exporting to the Middle East See Their Shares Plummet After Iran's Recent Attacks on Israel
India's tea and rice exporters to the Middle East saw their stock values collapse on worries of logistical issues and higher costs due to geopolitical tensions.
UK: Record-Breaking Surge in Weather Damage Claims Leaves Home Insurers Reeling With £573 Million in Losses
Industry records show that storms and extreme rain caused a record £573 million ($715 million) in UK home insurance claims last year.
New York Legal Cannabis Industry Fears That Additional Pot Stores Might Have ‘Disastrous Consequences'
A group representing the legal marijuana market cautioned New York cannabis regulators that a large increase in pot retailers might harm licensed companies.
Latest News
A potential increase in oil prices is expected following the recent attack on Israel by Iran, although the extent of possibilities gains hinges on the response.
Fortune 500 companies increasingly prioritize diversity, equity, and inclusion (DEI) initiatives as job seekers place greater importance on diversity. Here's everything to know about DEI and how it affects businesses.
Bitcoin experienced a significant drop in value following reports of Iran's alleged retaliatory attack involving numerous drones on Israel.
US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
US intelligence has revealed a significant surge in China's equipment sales to Russia amid its ongoing war with Ukraine.
Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics. Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics, as the renowned sportswear brand aims to rejuvenate sales and contend with emerging competitors, according to a report by Reuters.
JPMorgan Chase exceeded expectations in its first-quarter profit, but shares dropped by 6% as projections for interest income fell short.
Roberto Cavalli was a renowned fashion designer who founded the Roberto Cavalli company in the 1970s.
Biden administration has been asked to suspend new flights to and from China temporarily. The United States aviation sector has petitioned the Biden administration to temporarily halt the authorization of new flights to and from China.
