Business

Disney Prepares for Final Round of Layoffs Amid Struggle with Pandemic

Amid the impact of the coronavirus pandemic, Disney has been affected in many ways, including the closure of many venues and the cessation of...

Uber’s DEI Leader Suspended after Controversial Zoom Session

Uber's Chief Diversity, Equity, and Inclusion Officer, Bo Young Lee, has been placed on leave following criticism from employees about a company-sponsored Zoom session....

China’s Cyberspace Administration Issues Warning Against Micron Technology Amid Cybersecurity Review

The Cyberspace Administration of China has warned that it will not tolerate companies purchasing products from Micron Technology due to concerns of significant security...

Burn Hazard from PowerXL Stuffed Wafflizer Waffle Maker Leads to Massive Recall

Empower Brands and the US Consumer Product Safety Commission (CPSC) have announced the recall of over 350,000 units of the PowerXL Stuffed Wafflizer Waffle...

Blackstone Acquires Majority Stake in International Gemological Institute

Private equity firm Blackstone has acquired a majority stake in the International Gemological Institute (IGI) in a deal worth $535m, valuing the certification firm...

Risks of Summer Blackouts Extended into US Southeast and Ontario for the First Time, says NERC Report

The North American power grid is facing elevated risks of power outages during the 2023 summer, according to a report by the North American...
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