Broadcom Joins Trillion-Dollar Club on AI Chip Boom
Broadcom Enters Trillion-Dollar Valuation Club Amid AI Chip Surge Broadcom joined the elite trillion-dollar valuation club on December 13, 2024, as its stock surged by 24% in the wake of…
Fed Cuts Rates But Signals Slower Pace in 2025
Federal Reserve Announces Rate Cuts, Forecasts Slower Reductions in 2025 The Federal Reserve announced its third consecutive interest rate cut on December 18, reducing the federal funds rate by 0.25…
Roomba Maker iRobot Files Bankruptcy, Sold to Chinese Firm
Roomba Creator iRobot Declares Bankruptcy, Acquired by Chinese Company iRobot, the trailblazing creator of the renowned Roomba vacuum cleaner, has declared Chapter 11 bankruptcy. The company is set to be…
Olive Young Reveals ‘Complete Self’ as Top K-Beauty Trend for 2026
Unveiling ‘Complete Self’: Olive Young’s Top K-Beauty Trend for 2026 CJ Olive Young, a frontrunner in South Korea’s health and beauty retail, has spotlighted the quest for a “complete self”…
Wellness Industry to Hit $10 Trillion by 2029, Report Shows
Global Wellness Economy Set to Soar to $10 Trillion by 2029, Report Reveals The global wellness economy is on an upward trajectory, projected to reach a staggering $9.8 trillion by…
L’Oréal Acquires K-Beauty Brand Dr.G in Major Expansion
L’Oréal Gains Momentum with Acquisition of K-Beauty Brand Dr.G L’Oréal Groupe made a significant announcement on December 23, 2024. The beauty conglomerate has signed an agreement with Swiss retail group…
Holiday Travel Chaos: 1,400+ Flight Delays Hit Major US Airports
US Airports Grapple with Over 1,400 Flight Delays Amid Holiday Season During the peak holiday season, major airports across the United States are grappling with significant travel disruptions. Over 1,400…
Global Tourism Fully Recovers: 1.4 Billion Arrivals Mark 2024 Milestone
Global Tourism Triumphs: 1.4 Billion Arrivals Signify 2024 Milestone International tourism has triumphantly rebounded from the COVID-19 pandemic, with a staggering 1.4 billion tourists traveling internationally in 2024. This figure…
NYC Tourism Hits $79B Economic Impact, Welcomes 64.3M Visitors in 2024
New York City Tourism Boasts $79B Economic Impact, Welcomes 64.3M Visitors in 2024 In 2024, New York City’s tourism industry showcased impressive resilience, generating an estimated total economic impact of…
Apple Closes 2024 With 27.7% Smartphone Market Lead Over Samsung
Apple Dominates 2024: Captures 27.7% of Global Smartphone Market Apple concludes 2024 as the unrivaled titan in the global smartphone arena, boasting a commanding 27.7% market share. This places Apple…
Google Rehires 20% of AI Engineers as Former Employees in 2025
Google’s “Boomerang” Strategy: Rehiring 20% of AI Engineers as Former Employees in 2025 In a remarkable trend that underscores the intense competition for AI talent, Google has disclosed that nearly…
OpenAI Seeks Massive $100B Fundraise at $830B Valuation
OpenAI Reportedly Pursuing Monumental $100B Fundraising at a Whopping $830B Valuation OpenAI, a prominent figure in the AI industry, is said to be in the process of securing an unprecedented…
Record $280B in Business Jet Deliveries Forecast for Next Decade
Unprecedented $280B Forecast in Business Jet Deliveries Over the Next Decade Business aviation is currently witnessing a remarkable growth. Honeywell forecasts a whopping 8,500 new business jet deliveries worth $280…
China’s Aviation Services Market Set to Become World’s Largest
China’s Aviation Services Market Poised to Outpace North America and Europe According to Airbus’ latest Global Services Forecast, China is projected to outstrip North America and Europe, becoming the world’s…
Former NASCAR Driver Greg Biffle Killed in NC Plane Crash
Tragic Plane Crash Claims Life of Former NASCAR Driver Greg Biffle Former NASCAR driver Greg Biffle, along with six others including his wife and two children, tragically lost their lives…
FedEx to Split Off Freight Division, Creating New Public Company
FedEx Announces Spin-Off of Freight Division to Form a New Public Entity FedEx Corporation made a significant announcement on Thursday, December 19, 2024. The logistics giant plans to separate its…
Instacart Settles FTC Lawsuit, Will Pay $60M in Consumer Refunds
Instacart Agrees to $60M Settlement in FTC Lawsuit Over Deceptive Practices Grocery delivery platform, Instacart, has agreed to pay $60 million in consumer refunds. This decision, made on Thursday, December…
Novo Nordisk Stock Plunges 19% as Weight-Loss Drug Disappoints
Novo Nordisk Shares Take a Hit as Obesity Drug Fails to Meet Expectations On Friday, December 20, 2024, Danish pharmaceutical titan, Novo Nordisk, experienced a significant market downturn. Its shares…
Record Holiday Travel: 122M Americans Expected to Journey
Unprecedented Holiday Travel: Over 122M Americans Anticipated to Embark AAA forecasts a record-breaking 122.4 million Americans will travel at least 50 miles from home during the year-end holiday period from…
Inside Travel Reports Record 22% Growth in Japan Tourism
Inside Travel Achieves Unprecedented 22% Growth in Japan Tourism Inside Travel Group has announced a record-breaking growth for 2025, marking its 25th anniversary with a 22 percent year-on-year increase and…