Entrepreneurship 77

 

Japan Slashes Growth Forecast Amid Global Trade Tensions

Japan’s central bank has issued a sobering economic forecast, reflecting growing concern over the impact of rising global trade tensions. On Thursday, the Bank of Japan (BOJ) halved its projected economic growth for 2025 to just 0.5%, a steep decline from the earlier estimate of 1.1% made in January. The central bank also downgraded its […]

7 days ago More
 

U.S. Economy Faces Slowdown Amid Tariffs and Uncertainty

The U.S. economy faced a challenging start to the year, with many signs pointing to its worst quarter since the height of the Covid-19 pandemic. A combination of President Donald Trump’s sweeping trade policies, including tariffs, and growing uncertainty among businesses and consumers, contributed to a slowdown in economic activity. The Commerce Department was set […]

11 days ago More
 

McDonald’s Brings Back McCrispy Strips After Five-Year Hiatus

McDonald’s is making a significant move to regain ground in the competitive chicken market by reintroducing its chicken strips after a five-year hiatus. Beginning May 5, McDonald’s will offer its new McCrispy Strips, made with all-white chicken tenders coated in crispy, golden-brown breading. This marks the fast-food giant’s first permanent menu addition in four years. […]

14 days ago More
 

OpenAI Fights Back: Countersues Elon Musk Over Harassment & Fake Takeover

OpenAI has filed a countersuit against Elon Musk, alleging a pattern of harassment and interference in the company’s operations. In legal documents submitted on Wednesday to the U.S. District Court for the Northern District of California, the artificial intelligence firm asked the court to block Musk from further “unlawful and unfair” actions as tensions escalate […]

22 days ago More
 

BYD Surpasses Tesla with Over $100 Billion in Annual Sales

China’s electric vehicle (EV) powerhouse, BYD, has solidified its position as a global leader, generating 777 billion yuan ($107 billion) in revenue for 2024. This marks a significant leap ahead of Tesla, whose annual earnings reached $97.7 billion. BYD’s impressive growth highlights its dominance in the clean-energy vehicle market, driven by increasing demand for both […]

1 month ago More
 

CFPB’s Decline Sparks Concerns Over Consumer Protection and Risky Lending

The Consumer Financial Protection Bureau (CFPB), established in response to the 2008 financial crisis, has played a pivotal role in ensuring consumer protection. Its mission has been to safeguard consumers from predatory lending, deceptive financial products, and unfair banking practices. Since its inception as part of the Dodd-Frank Act, the CFPB has delivered $19.7 billion […]

1 month ago More
 

PepsiCo Buys Poppi for $1.65B, Boosting Functional beverages

PepsiCo has made a strategic move by acquiring Poppi, the renowned functional beverage brand, for $1.65 billion. This acquisition underscores PepsiCo’s commitment to expanding its “better-for-you” product line as consumers increasingly opt for healthier alternatives over sugary drinks and snacks. In January, PepsiCo took a similar step by acquiring Siete Foods, a gluten-free chip manufacturer, […]

1 month ago More
 

Trump’s Tariff Policies Trigger Shipping Delays Across the U.S

  Consumers across the United States are facing unexpected shipping delays due to new tariff policies imposed by the Trump administration. Many online shoppers, businesses, and even Broadway productions are struggling with delayed deliveries as new import restrictions create bottlenecks at U.S. customs. The latest round of tariffs, which took effect on February 4, imposed […]

2 months ago More