LND topic: financial page 109

financial

Quincy Jones' Billions: A Family Fortune in the Making

November 5, 2024

Legendary record producer Quincy Jones has passed away at age 91. He was known for producing Michael Jackson’s hit album 'Thriller', and collaborating with other big names like Frank Sinatra and Diana Ross. Throughout his career, Jones made history as a jazz musician, record producer, and film compo

business

Microsoft's Big Surge: Gaming Leads the Way as Cloud and AI Shine

November 5, 2024

Microsoft just reported a whopping 16% increase in revenue for the first quarter of the fiscal year 2025, reaching a massive $65. 6 billion. This figure not only surpassed what analysts expected but also showed where Microsoft is placing its bets for the future. Instead of relying heavily on traditi

business

Space Mergers: Airbus Explores Options in Europe

November 4, 2024

Airbus is mulling over a potential merger for its space business, but it's not a done deal just yet. The company's CEO, Guillaume Faury, suggested that they're open to partnering up with another firm to strengthen their space sector. This comes after Airbus took a big hit with their satellite busine

business

TGI Fridays’ Bankruptcy: A Struggle for Survival

November 2, 2024

In a surprising turn of events, TGI Fridays, the iconic restaurant chain, has filed for bankruptcy protection. This move comes after the company faced a series of setbacks, including the closure of numerous branches across the United States. The primary cause for this financial struggle, according t

business

Big Money on AI: A Tech Bet?

November 2, 2024

Tech giants like Microsoft, Meta, Amazon, and Apple are splashing out billions on artificial intelligence (AI). It's not just about making more money; they're investing heavily in AI development. Meta, for example, plans to spend $40 billion on AI next year alone. Even Microsoft is cautious, warning

business

Boeing Workers Vote Again: What's Really at Stake?

November 2, 2024

More than 30, 000 Boeing workers are voting again on whether to end their seven-week strike. This vote isn't just about their paychecks; it's about the future of the company and the economy. The new deal on the table isn't much different from the one they rejected a week ago. It offers a 13% pay rai

sports

Baseball Giants: Comparing Dodgers and Yankees Beyond the Field

November 2, 2024

Ever wondered how baseball's biggest names stack up off the field? Let's dive into the Dodgers and Yankees, two teams that have made a massive impact on sports and pop culture. The Yankees lead the pack with a staggering $7. 6 billion value, according to Forbes. Hot on their heels are the Dodgers at

business

Exxon's Q3 Surprise: Big Production, Lower Profits

November 1, 2024

Exxon Mobil just had a quarter to remember, but not everything is rosy. The oil giant hit a production high not seen in over four decades, pumping out 3. 2 million barrels of liquids daily. However, profits took a dip, falling about 5% compared to the same time last year. Why? Blame it on refining m

business

Wendy's: Shutting Down Old Stores, Opening New Ones

November 1, 2024

Wendy's is planning to close 140 of its restaurants in the next few months. But don't worry, they're not disappearing—the fast food chain is opening an equal number of new locations. The restaurants being shut down are old and in areas that aren't doing well financially, according to Wendy's CEO, Ki

business

Sun Country and Amazon: A New Chapter in Air Cargo

November 1, 2024

Sun Country Airlines, known for its hybrid low-cost model, is considering a new partnership with Amazon that could involve special charter flights for dedicated customers. This news came from Sun Country's CEO, Jude Bricker, during a call to discuss the company's financial results. Currently, Sun Co