Subway being acquired by Atlanta-based private equity firm Roark Capital
In a significant development, Roark Capital is set to purchase Subway, bringing an end to the sandwich chain’s long-standing family ownership that spanned over fifty [more…]
Category: Business
Turkey’s central bank raised interest rates to 25%, surpassing expectations. This move indicated the bank’s readiness to uphold its fresh pledge of using monetary policy to mitigate inflation
Turkey’s central bank took a more significant step than anticipated by raising interest rates to 25% on Thursday. This move demonstrates the bank’s commitment to [more…]
Boeing discovered a flaw in its 737 Max aircraft, delays in deliveries expected
Boeing has announced that a recent manufacturing flaw discovered on its popular 737 Max aircraft will lead to delays in deliveries of this highly sought-after [more…]
340,000 UPS workers approved new labor deal negotiated by the Teamsters
UPS employees have officially approved the labor deal that was negotiated by the Teamsters nearly a month ago. This agreement, covering a workforce of 340,000 [more…]
Hong Kong based American companies choose to remain despite concerns about national security, according to top US Consul General Gregory May
According to the US Consul General Gregory May, American companies are choosing to remain in Hong Kong despite concerns about the national security law and [more…]
Disney fights Florida Governor and seeks damages
Florida Governor Ron DeSantis might state that he has put his longstanding dispute with Disney behind him, but Disney is not relenting. The House of [more…]
Global Investors Fear China’s Real-Estate Contagion
Indicators of financial strain at a major asset manager in China are causing investors to feel uneasy about the potential spread of issues from the [more…]