Estée Lauder has reported a 2% decline in sales, citing weaker-than-expected demand in China as a key factor affecting its performance. The beauty conglomerate also saw lower pre-tax profits, raising …
Category:
Business
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Several major U.S. companies, including Uber, Salesforce, PepsiCo, and Goldman Sachs, are scaling back their diversity, equity, and inclusion (DEI) initiatives in response to growing political and legal pressures. This …
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In a significant shift for government employees, California has announced that most state workers will be required to return to the office at least four days a week. This decision, …
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Delta Air Lines experienced a significant IT failure on Tuesday, July 23, leading to the cancellation of more than 7,000 flights and stranding over 1.3 million passengers globally. The outage, …
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A federal judge in Texas has issued a ruling blocking the Federal Trade Commission’s (FTC) nationwide ban on non-compete agreements, marking a significant legal victory for businesses and delaying what …
- Business
Skydance Media and Paramount Global Finalize $8 Billion Merger, Reshaping Hollywood’s Landscape
In a significant move for the entertainment industry, Skydance Media and Paramount Global have reached a final agreement on an $8 billion merger, creating a newly combined entity known as …
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CrowdStrike, a leading cybersecurity provider, is under intense scrutiny after a faulty software update triggered a global IT outage, crippling businesses, airlines, hospitals, and financial institutions. The incident, which occurred …
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The U.S. economy is experiencing a cooling trend, but concerns over a full-scale recession have eased as key economic indicators show resilience. The Conference Board’s Leading Economic Index (LEI), a …
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The Federal Trade Commission (FTC) has finalized a sweeping rule prohibiting fake online reviews, marking a significant step toward curbing deceptive marketing tactics. The new regulation, aimed at increasing transparency …
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A federal judge in Texas has temporarily halted the Federal Trade Commission’s (FTC) nationwide ban on non-compete agreements, delaying the enforcement of a regulation that could significantly impact employment contracts …
