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turin

Warner Bros. Discovery Splits Business into Streaming and Cable Divisions

December 13, 2024

Warner Bros. Discovery has decided to divide its business into two main parts. One part will focus on cable networks like CNN, TBS, and TNT. The other part will handle the company's growing streaming service and its film and entertainment studios. This change is expected to happen by mid-2025. The c

politics

Trump's Take on Tariffs: A Boon for Business?

December 10, 2024

President Trump sat down with NBC's "Meet the Press" to discuss his plan to impose tariffs. When asked if families might face higher prices, he admitted he couldn't guarantee anything but pointed to the economy's strength before COVID. Companies like Walmart and Stanley Black & Decker have voiced co

science

The Faces We Love: What Makes Caricatures Less Appealing?

December 10, 2024

Ever wondered why some people find caricatures hilarious while others just don't? Scientists have been debating this, suggesting that caricatures might boost the esthetic appeal by highlighting unique features. But, hold on! Some studies argue that people prefer faces that are more average. So, is f

business

Will Trump's Tariffs Drown Small Businesses?

December 9, 2024

President-elect Donald Trump's plan includes heavy tariffs on imports, especially from China. This could be bad news for local shops. Those small businesses rely on global supplies, like the foods we eat or parts for repairs. If the costs rise by 20 to 100 percent, some shops might close. The probl

business

Cargill Reshapes Its Future with Job Cuts and Restructuring

December 3, 2024

In a significant move, Cargill, the globe's top agricultural commodities trader, has announced a 5% cut in its workforce. This decision comes after the company faced falling revenues due to declining crop prices. The Minnesota-based company has been working to enhance its competitiveness and adapt t

business

Intel's Big U. S. Chip Boost: A Closer Look

November 26, 2024

Intel, a major player in semiconductor manufacturing, has received a substantial boost from the U. S. government. The Department of Commerce has awarded Intel $7. 865 billion to support domestic chip production. This funding is part of the CHIPS and Science Act, a law passed by President Joe Biden t

business

Dickies Swaps Texas for California: A Big Move Explained

November 26, 2024

Imagine a grand old brand like Dickies, known for its tough Texan workwear, packing up and heading west to California. This isn't a wild west tale, but a real business decision. Dickies' parent company, VF Corp, is restructuring and wants to save some cash. So, Dickies is trading its Texas home for

business

Auto Parts Giant to Shut 500 Stores, Cut Jobs Due to Slumping Demand

November 15, 2024

Auto parts retailer Advance Auto Parts has announced a significant restructuring plan. By mid-2025, the company aims to close around 500 stores and reduce some jobs. This move comes as demand for vehicle parts has decreased, with fewer people choosing to repair their cars. The automotive industry h

business

Embracer's Sales Drop: The Impact of Tolkien IP

November 15, 2024

Embracer, a big player in the gaming and entertainment industry, just released its report for the second quarter of 2024. The numbers aren't great: the company saw a 21% drop in net sales for its gaming group, down to around $782 million. Their entertainment and services division also took a hit, wi

technology

Huawei's Big Hire Hunt: Poaching TSMC Engineers

November 6, 2024

You might have heard about the ongoing feud between Huawei and the US government. It's been a big deal in the tech world, with Huawei facing sanctions that make it tough for them to get the latest chips. But Huawei isn't letting that stop them. They're on a mission to expand their chip manufacturing