The U.S. could be about to break China’s dominance in the rare mineral industry after discovering a reported 2.34 billion tons of rare minerals in a site in Wyoming. Groundbreaking Discoveries in Rare Earth Minerals American Rare Earths Inc. revealed a 64% increase from its original estimate of rare minerals found in Wheatland, Wyoming. China […]
Business
Disney Pours $1.4 Billion Into Epic Games’ New “Meta-Verse” Despite Huge Job Cuts
Disney and Epic Games have both reduced their workload leading up to 2024, but that didn’t stop them from investing over a billion dollars in a collaboration for a brand new meta-verse. Disney and Epic Games Collaboration Unveiled Disney and Epic Games have announced a groundbreaking collaboration to create an unprecedented gaming universe. Disney’s $1.5 […]
Major States on Verge of Overhauling Tipped Worker Pay
In a move that could potentially help hundreds of thousands of Americans across the United States, at least five states are reconsidering the age-old practice of allowing businesses to pay below the minimum wage to workers who are reliant on tips. Activists are eyeing the possibility of taking the fight on subminimum pay to as […]
Walmart CEO Warns of Retail Theft Surge: Should Consumers Worry About Price Hikes?
The National Retail Federation (NRF), a powerful lobbying group, recently faced scrutiny for its claim that “organized retail crime” accounted for nearly half of the retail industry’s $94.5bn losses in 2021. Initial Claim and Impact Initially, the NRF stated, “organized retail crime… had increased by 26.5%,” which painted a dire picture for retailers like Target, […]
Super Bowl Ads Hope to Revive Bud Light’s Reputation After Controversy
Bud-Light is attempting to rebuild its relations with America’s beer drinkers after a controversial year by splashing the cash on Lionel Messi and the Super Bowl. Will it work? Here’s what we know. Super Bowl Redemption Strategy Anheuser-Busch InBev (A-B), the parent company of Bud Light, aims to revive its popularity among beer drinkers with […]
Global Wealth Gap Widens: Billionaires’ Fortunes Surge 114%
Oxfam International has issued a stark warning that the world could witness its first trillionaire within the next ten years. The anti-poverty organization, known for shedding light on global economic inequalities, unveiled this alarming prediction in its annual assessment coinciding with the World Economic Forum’s gathering in Davos, Switzerland. Oxfam’s Stark Warning Oxfam contends that […]
Ryanair CEO Shifts Stance, Praises Boeing’s Turnaround After Recent Safety Concerns
After multiple emergency incidents on Boeing flights and 346 lives lost over the last few years, Ryanair’s CEO still believes the airplane manufacturer has safety as its “No. 1 Byword.” From Criticizing to Commending Boeing Management Ryanair CEO Michael O’Leary was once a stern critic of Boeing Airplanes, but now he’s praising them despite the […]
Toyota Recalls Over 50,000 Vehicles in the U.S. Due to Exploding Airbag Risk
Toyota has started a massive recall of over 50,000 vehicles in the U.S. due to airbags that could “explode and shoot sharp metal” at customers, and it’s not the first time. Urgent Warning from Toyota Toyota has issued an immediate do-not-drive advisory for specific vehicle models due to a defect in Takata airbags. Takata Airbags […]
Lovin It: McDonald’s Spin-Off Drives Three-Times More Traffic Than Original Restaurant Chain
A McDonald’s spin-off restaurant called CosMc’s opened in one location to tap into a new market that McDonald’s has missed, and it drove three times more traffic than the original McDonald’s restaurant. CosMc’s Surges Ahead McDonald’s innovative CosMc’s spinoff, specializing in whacky drinks, is outpacing traditional Mickey D’s in attracting younger customers. A Beverage-Led Evolution […]
Billionaire Premier League Owner Facing 45 Years In Prison for Insider Trading
British billionaire Joe Lewis has pleaded guilty to US courts for securities fraud and conspiracy to commit securities fraud, facing a potential 45-year prison sentence. What impact will this have on his US and UK businesses? Scandal Hits British Billionaire Joe Lewis Joe Lewis, the billionaire majority shareholder of Premier League football club Tottenham Hotspur, […]