Among all the businesspeople, nobody contributed more to the campaign of the now former President of the United States, Donald Trump than Elon Musk. However, the billionaire and his business empire has pros and cons after Trump secured the presidency in the Tuesday election. Musk has contributed nearly $119 million to date to a political…
HSBC has reported a 10% increase in its quarterly profits as the UK based banking major gets ready for one of the largest overhauls in its history. The firm added that its pre-tax profits increased to $8.5bn (£6.6bn) in the three months to end of September and this is way above the expectation of the…
The day after The Washington Post said it will not endorse a candidate in this year’s election or any future election, the billionaire owner of the newspaper is nowhere to be found as the newspaper’s staff are up in arms. Jeff Bezos has not yet addressed the case, while his own paper’s journalists said that…
Imagine, a North Carolina man who went to a convenience store on Tuesday did not know that he was actually lucky. Jerry Hicks, a master carpenter from Banner Elk, was walking past the store and noticed a $20 bill lying in the parking lot of the store, he said in the news release. He used…
Nike was ranked the No. 1 active footwear retailer among all four generational cohorts polled for the survey: Generation Z, millennials, Gen X and the baby boomers. Nike and Kohl’s may not be popular on Wall Street, but a diverse group of consumers still consider them to be the best in their respective categories, according…
Boeing’s more than 32,000 machinists in the Puget Sound area of Washington, in Oregon and in other locations went on strike on Sept. 13. Boeing machinists rejected a new labor deal that would provide 35% wage rises over four years, their union said on Wednesday, prolonging a more than five-week stoppage that has shut most…
Hyundai Motor India’s shares declined by 6% at their first trading on Tuesday, following a weak reaction to the pricing of the largest IPO in India. The stock listed at 1,934 rupees ($23) on India’s National Stock Exchange, below its offer price of 1,960 rupees ($23.31), and traded down 4% at 1,882.10 rupees ($22.39) by…
The largest drug store chain in America chose a new CEO on Friday, with CVS Health veteran David Joyner taking over from Karen Lynch. CVS also pulled its 2024 profit outlook and urged investors not to rely on the full-year guidance it issued in August on grounds of increased medical cost inflation. Many companies’ stock…
Residents of parts of southern Appalachia that were affected by Hurricane Helene are set to benefit from Starlink, the satellite internet service from SpaceX. In March 2022, the White House stated that it intends to launch several ten of enclosed Starlink ground terminals that communicate with satellites to deliver Internet services to the populations living…
Elon Musk’s groundbreaking inventions revolutionizing technology and shaping the future. Tesla Motors, Electric Car Elon Musk’s Tesla has seen its stock rise nearly 700% in 2.5 years, reaching $213 a share. Despite missing Wall Street expectations in Q3, Tesla reported $1.24 billion in revenue. Strong demand for the upcoming Model 3 persists, but manufacturing challenges…
