Business

In a landmark decision, the National Collegiate Athletic Association (NCAA) has enacted a controversial updated policy that restricts transgender women from competing in women’s sports. This policy’s announcement closely followed President Donald Trump signing an executive order that threatens to withdraw federal funding from educational institutions permitting transgender women to participate in women’s sports. This
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The imposition of tariffs has far-reaching consequences for industries that rely heavily on international supply chains. Mattel, a leading player in the toy industry known for iconic products like Barbie and Hot Wheels, is at the forefront of these challenges following recent duties introduced by the U.S. government. This article delves into the ramifications these
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In a significant restructuring move, General Motors (GM) has decided to dramatically scale back its workforce at Cruise, laying off around half of its remaining employees in the now-defunct robotaxi business. This announcement, which follows GM’s decision not to continue funding Cruise after an investment surpassing $10 billion since its acquisition in 2016, underscores a
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In a historic move that underscores its commitment to the future of electric vehicles (EVs), Honda Motor Co. is investing over $1 billion in its Ohio facilities to establish a cutting-edge manufacturing hub. This considerable financial injection, initially announced at $700 million, is emblematic of a significant shift in Honda’s production strategy, which has traditionally
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On a fateful Wednesday evening, an air disaster unfolded in the skies over Washington D.C. as an American Airlines regional jet collided with a military helicopter shortly before landing at Ronald Reagan Washington National Airport. This catastrophic event, which involved 64 individuals on board the aircraft, marks one of the gravest aviation incidents in the
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Planet, a leading satellite imagery and data analysis firm, made headlines with its announcement of a monumental $230 million contract signed with an undisclosed anchor customer. This agreement marks a significant milestone in Planet’s ambitions and represents an essential transition into the burgeoning satellite services market. The deal is not just a financial boon; it
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