BP is considering the possibility of selling its $1 billion stake in U.S. pipelines
BP Plc is reportedly considering selling a 49% stake in its U.S. oil and gas pipeline network in the Gulf of Mexico, with hopes of [more…]
Category: U.S.
Kellanova, formerly Kellogg Company, declares the successful conclusion of the separation of its North American cereal division
Today, Kellanova (formerly Kellogg Company) announced the successful completion of the separation of its North American cereal business, WK Kellogg Co. This separation has resulted [more…]
Toys R Us, which filed for bankruptcy several years ago, is set to launch up to 24 new stores in the United States
Children and enthusiasts of all ages in the United States will rejoice as Toys R Us is poised to make a triumphant return in the [more…]
Blue Apron’s acquisition sends stock soaring with a 130% surge
Wonder Group, the food-delivery startup led by former Walmart executive Marc Lore, is set to acquire meal-kit company Blue Apron. Blue Apron shareholders will receive [more…]
Target is shutting down nine of its stores as a result of theft and organized retail crime
Target revealed on Tuesday its decision to close nine stores on October 21st, citing concerns that “theft and organized retail crime” pose a safety risk [more…]
The Federal Trade Commission, along with legal authorities from 17 states, files a lawsuit against Amazon over allegations of antitrust violations
The Federal Trade Commission, in conjunction with 17 state attorneys general, has officially filed a long-anticipated antitrust lawsuit against Amazon. The complaint, filed in a [more…]
Meta’s Threads faces challenges in user growth amidst rivalry with X, only outperforming Tumblr in user adoption
Meta’s Twitter-like platform, Threads, has experienced a continuous drop in its user base. Even with the introduction of a browser version, the decline in the [more…]
Amazon faces off against budget retailers Shein and Temu
Amazon, the global e-commerce behemoth, has redefined the way people shop and consume goods in the digital age. Although Amazon has long grappled with competition [more…]
Ethereum’s, Vitalik Buterin, embarks on a global journey to sustain the cryptocurrency’s vitality amidst increasing regulatory scrutiny in the US
Vitalik Buterin, the visionary behind Ethereum, no longer has a fixed sense of home. Born in Russia and responsible for creating Ethereum in his late [more…]
Qualcomm, the major American semiconductor company, trims its workforce in Shanghai in response to challenging economic conditions
Qualcomm is planning to reduce its workforce at its Shanghai office due to the ongoing technology tensions between the United States and China, as well [more…]