Bitcoin, the world's biggest cryptocurrency, has jumped 22% this year to $52,005, putting its market value above $1 trillion for the first time since its record peak in late 2021.
Industry
Apple CEO Tim Cook Avoids Taiwan for Foxconn's 50th; COO Attends Instead
Apple COO Jeff Williams takes a rare trip to Taiwan to commemorate Foxconn's 50th anniversary, while CEO Tim Cook remained true to his words to steer clear away.
Disney Leads Major Studios in Licensable Content Ownership
Disney dominates the licensing renaissance with a portfolio twice the size of its competitors as studios seek revenue beyond streaming platforms for future growth.
The Body Shop's Restructuring Move Causes UK Store Closures and Job Losses
Due to a restructuring move for its future trajectory, The Body Shop will close down stores in the UK and lay off employees.
Home Depot Forecasts Weak 2024 Sales Expectations Amid Inflation
Despite being the lead home improvement company, Home Depot is feeling the effect of high mortgage rates and inflation after a weak sales report and forecast.
Latest News
The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies.
Sony's stock dropped by $10 billion due to lower PS5 sales forecasts, while its gaming profits also fell despite strong digital sales and PS Plus subscriptions.
The aerospace industry in Singapore is expected to hire over 2,500 workers in the next three to five years to support its ongoing growth.
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
Nike announced on Thursday a reduction in its workforce by 2% that will result in the layoff of more than 1,500 jobs.
Does the Philippines need a whole-of-nation approach in the tourism industry? The country's Tourism Secretary says yes.
Wendy's breakfast lineup is getting sweeter as it will soon add a new item from Cinnabon after partnering with the baked goods chain.
The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.
