Boeing recently disclosed that they had wrongly classified $500,000 worth of personal trips for executive staff, amid ongoing problems for the company. Half a Million Undisclosed During an internal review, aviation giant Boeing admitted to spending $500,000 more on executive private jet flights than had been previously disclosed. Perks of the C–Suite Chief Executive David […]
Author: Shannon Campbell
CEO’s $33M Exit Bonus from Boeing Triggers Major Backlash
A staggering and historic end-of-year pay package has been granted to Boeing’s CEO, in the wake of a very difficult first quarter for the aircraft manufacturer. Boeing’s Largest Payout Shareholders of Boeing have approved a $33 million pay package for departing CO Dave Calhoun this week, marking the largest payout ever given to a Boeing […]
Jeff Bezos Adds $90 Million Florida Mansion to His Real Estate Empire
One of the wealthiest people in the world has just added another Florida property to his staggering real estate portfolio. $90 Million Florida Mansion Amazon founder Jeff Bezos has purchased a $90 million mansion in the highly exclusive Indian Creek gated community in Miami-Dade County, Florida. Indian Creek Village Indian Creek Village, which has been […]
99 Cents Only Shuts Down: All 371 Stores Closing
Another discount retailer bites the dust in the U.S. due to compounding economic stresses, leaving West Coast dollar store shoppers bereft. 99 Cents Ending Shoppers in states like California and Nevada are flooding into the iconic 99 Cents Only discount stores after the chain announced last Friday that it would be closing all 371 of […]
Dollar Tree Upscales with $7 Max Prices to Lure Affluent Shoppers
Dollar Tree will be increasing its price cap from $5 to $7 as it moves to capitalize on the growing demographic of high-income earners shopping at discount stores. $7 Cap at Dollar Tree Discount variety chain Dollar Tree has announced that it will be increasing maximum prices to $7 across all stores. Fourth-Quarter Call The […]
Study Finds Nearly 50% of Parents Supporting Adult Children Financially
As the cost of living soars across the country, young Americans are increasingly relying on their parents to help cover their living costs. Half of All Parents A new study has found that approximately half of all U.S. parents with adult children are still financially supporting their grown-up offspring, and this number is likely to […]
Weight Loss Pill Sensation Propels Pharma Giant Ahead of Tesla
Novo Nordisk’s market valuation has increased so rapidly in recent weeks that it has overtaken Elon Musk’s EV giant. Novo Nordisk On Top A new weight loss pill being trialed by Olympic maker Novo Nordisk has sent the company’s value soaring. Its market value has now eclipsed that of electric vehicle manufacturer Tesla. Increases to […]
165-Day Countdown: U.S. House Pressures TikTok’s Chinese Owner to Divest
The China-based owner of social media giant Tiktok has 165 days to divest, or the app will be banned in the U.S. TikTok Bill The United States House of Representatives passed a bill on Wednesday forcing the Chinese parent company of Tiktot, ByteDance, to sell its majority stake in the app. Divest or Be Banned […]
Ending Federal Program Spells Higher Internet Bills for Millions
A federal program that subsidizes internet bills for low-income households is now on the chopping block, dealing a financial blow to millions. End of the ACP The Affordable Connectivity Program (ACP) is a federal benefit program instated in 2021 that has been providing low-cost internet for low-income households for the last 3 years. Running Out […]
$250 Million Settlement for Warren Buffet’s Real Estate Ventures
An enormous nationwide lawsuit has caused several brokerages, including one owned by Warren Buffet’s Berkshire Hathaway, to cough up hundreds of millions. $250 Million Settlement A property brokerage owned by billionaire investor Warren Buffet will pay $250 million as part of a lawsuit settlement over coercive real estate agent commissions. Owned by Berkshire Hathaway The […]