Discount home goods retailer Big Lots recently made headlines with its bankruptcy filing due to a myriad of financial struggles. The company, which operates more than 1,300 stores across 48 states, has been hit hard by high interest rates and a sluggish housing market. This has resulted in a significant decrease in demand for its
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Boeing’s Starliner spacecraft recently undocked from the International Space Station, missing its scheduled departure date by several months. This departure did not include the two astronauts that were delivered to orbit back in June, as NASA test pilots Butch Wilmore and Suni Williams will remain at the ISS until February and return aboard SpaceX’s Dragon
The Green Bay Packers stand out from the rest of the National Football League teams due to their unique ownership structure. Unlike other teams that are privately owned by wealthy individuals or families, the Packers are owned by stockholders, many of whom are die-hard fans of the team. This ownership structure was established over 100
When Jerry Jones purchased the Dallas Cowboys in 1989, the team was facing financial struggles, with losses amounting to $1 million every month. However, Jones wasted no time in implementing changes to turn the team’s fortunes around. Over the past thirty-five years, his strategic decisions and innovative approaches have transformed the Cowboys into a powerhouse
Molson Coors recently made headlines with their decision to reverse their diversity, equity, and inclusion (DEI) policies. This move comes at a time when many companies are reevaluating their approach to DEI initiatives. In an internal memo obtained by CNBC, Molson Coors executives stated that they will be eliminating supplier diversity quotas, citing complexities and
Steph Curry, the renowned NBA player, has his sights set on life after basketball. He has already begun paving the way for his post-playing career, with a plethora of businesses in his portfolio. Curry is the founder of Unanimous Media, a media company, and Underrated, a youth golf tour, to name a few. His entrepreneurial
The landscape of cannabis consumption has undergone a significant transformation, especially in New York, where the legalization of adult-use marijuana has paved the way for a booming industry. It’s no longer just about purchasing designer clothes or high-end jewelry on Fifth Avenue, as shoppers can now also indulge in New York state-grown marijuana joints from
As airlines continue to navigate the challenging aftermath of the pandemic, many are facing financial constraints that are causing them to rethink their strategies for acquiring new aircraft. Initially, there was a surge in demand for new jets as airlines looked to modernize their fleets and expand operations. However, cash-strapped low-cost and deep discounter airlines
The Food and Drug Administration has recently authorized Novavax’s updated protein-based Covid vaccine for emergency use in individuals aged 12 and above. This approval paves the way for Novavax’s vaccine to compete with the current jabs offered by Pfizer and Moderna during the upcoming fall and winter seasons. Novavax’s vaccine is specifically designed to target
American Eagle failed to meet Wall Street’s sales expectations for the second quarter in a row, resulting in an over 8% drop in the company’s shares during early trading. However, the company saw a significant increase in profit, with earnings per share coming in at 39 cents compared to the expected 38 cents. This marked