Boeing announced on Monday that it has temporarily stopped flight tests of its 777X aircraft after discovering damage in a structure of one of the wide-body planes. The company revealed that the damage was found in a custom part located between the engine and the airplane structure during routine maintenance checks. As a result of
Business
Starbucks, once a coffee giant, is facing multiple challenges that have led to a decline in sales and customer satisfaction. The rise of mobile orders, operational inefficiencies, and a lack of adaptation to shifting consumer behavior are all contributing factors to the company’s struggles. With the appointment of Brian Niccol as the new CEO, the
The recent discovery by Gilead Sciences of a dangerous drug-counterfeiting operation involving its HIV medications has shed light on a disturbing trend in the pharmaceutical industry. The operation, allegedly orchestrated by Peter Khaim, a known medical fraudster, targeted patients in New York and New Jersey by tampering with and reselling counterfeit Gilead medications. This scheme,
SpaceX is gearing up for an extraordinary mission at the end of the month, as they prepare for the Polaris Dawn mission. This mission, purchased by billionaire Jared Isaacman for his Polaris Program, marks the first of three flights acquired from SpaceX in 2022. The launch is scheduled for the early hours of Aug. 26
In response to a lawsuit brought by Fubo TV, a U.S. judge temporarily blocked media giants Disney, Warner Bros. Discovery, and Fox from launching their sports streaming service, Venu. This move has halted the planned launch of the service just weeks before the National Football League season kicks off. Fubo TV, a player in the
Byron Allen, the media mogul with grand aspirations of acquiring various media assets for billions of dollars, is facing a significant challenge within his own media empire. Reports have surfaced revealing that broadcast stations owned by Allen Media Group, covering markets in more than 20 cities, have been consistently late on payments to network owners
The collaboration between Ryan Reynolds, Hugh Jackman, and Shawn Levy in “Deadpool & Wolverine” has proven to be a massive success, breaking records as the highest-grossing R-rated film of all time. With a staggering $1.085 billion in global ticket sales, the film has surpassed even Warner Bros.’ “Joker,” demonstrating the enduring appeal of the Marvel
United Auto Workers President Shawn Fain recently released a video accusing Stellantis CEO Carlos Tavares of price gouging consumers and failing to uphold parts of the union’s labor contract with the automaker. While criticism of corporate executives is not uncommon, especially in the auto industry, it is essential to analyze the validity and implications of