Boeing recently announced that it has temporarily paused flight tests of its 777X aircraft after discovering damage in one of the wide-body airplanes. The company found damage in a custom part located between the engine and the airplane structure during scheduled maintenance. As a result, Boeing has grounded the three other 777-9 airplanes in its
Business
Starbucks has been facing operational challenges which have resulted in frustrated customers, overwhelmed baristas, and declining sales. Mobile orders, which make up about one-third of Starbucks’ total sales, have been a major contributing factor to the issues faced by the coffee giant. These orders tend to be more complex, with add-ons like cold foam and
The discovery of a dangerous drug-counterfeiting operation involving Gilead Sciences’ HIV medications has shed light on the risks patients face when taking counterfeit drugs. The mastermind behind the scheme, Peter Khaim, a twice-convicted medical fraudster, allegedly orchestrated the operation out of two New York City pharmacies, 71st RX and Best Scripts. This fraudulent activity put
SpaceX is on the brink of launching its next private mission, which promises to mark a significant milestone in the realm of space exploration. The upcoming Polaris Dawn mission, scheduled for the end of the month, will feature the first-ever attempt to conduct a spacewalk as part of a private venture. This groundbreaking mission is
Byron Allen, the media mogul with aspirations of acquiring major media assets, is facing backlash due to his broadcast stations consistently being late in making payments to network owners. The stations owned by Allen Media Group have been reported to be as much as 90 days past due on payments to networks such as ABC,
A recent decision by a U.S. judge has temporarily blocked media giants Disney, Warner Bros. Discovery, and Fox from launching their sports streaming service, Venu. The injunction, granted in response to a lawsuit brought by Fubo TV, comes just weeks before the start of the National Football League season, putting a halt to the companies’
The collaboration between Ryan Reynolds, Hugh Jackman, and Shawn Levy has proven to be a massive success with “Deadpool & Wolverine.” Surpassing Warner Bros.’ “Joker,” the Disney and Marvel film has broken records as the highest-grossing R-rated title of all time. With over $1.085 billion in global ticket sales, it is clear that this unconventional
The tension between United Auto Workers (UAW) President Shawn Fain and Stellantis CEO Carlos Tavares has escalated, with Fain accusing Tavares of price gouging consumers and failing to adhere to parts of the labor contract with the automaker. Fain’s criticism of Tavares goes beyond the typical disputes that arise during collective bargaining talks, highlighting the
As Walmart prepares to report its quarterly earnings, all eyes are on the retail giant to provide insights into the health of American households and the broader economy. With expectations for earnings per share at 65 cents and revenue at $168.53 billion, investors and economists are eager to see if Walmart’s performance aligns with the
Starbucks made a bold move by luring Brian Niccol from his position as CEO at Chipotle Mexican Grill to take the helm as the new CEO and Chair of the coffee giant. Niccol’s official start date is set for September 9, and he will be faced with the challenging task of reviving Starbucks’ declining sales,
