French fry sales fall as consumers cut back on fast food due to rising costs.
As inflation continues to hit consumers’ wallets, fewer fast-food patrons are saying, “Yes” to fries with that. North America’s largest frozen potato producer, Lamb Weston, is feeling the crunch as…
U.S. and Microsoft Seize Russian Intelligence-Linked Domains in Cybersecurity Crackdown
In a significant move to disrupt state-sponsored cyber threats, U.S. authorities and Microsoft have seized dozens of internet domains tied to Russian intelligence-backed hackers. These domains were part of an…
PepsiCo’s $1.2 Billion Acquisition of Siete Family Foods: A Game-Changer for Health-Conscious Consumers
PepsiCo, a leading global food and beverage company, announced on Tuesday that it has agreed to acquire Garza Food Ventures, better known as Siete Family Foods, for a staggering $1.2…
“Holtec Secures $1.52 Billion Loan to Revive Michigan’s Palisades Nuclear Plant Amid Controversy”
In a historic move, the Biden administration announced a finalized agreement to provide a $1.52 billion loan guarantee to Holtec International, aiming to revive the Palisades nuclear power plant in…
AT&T to Sell Remaining 70% Stake in DirecTV to TPG for Billions by 2025
AT&T has announced its plan to sell its remaining 70% stake in DirecTV to the California-based private equity firm TPG, marking a significant shift in its strategic focus. The deal,…
Impact of US Federal Reserve’s Interest Rate Cut on the IT Sector: A Comprehensive Analysis
The U.S. Federal Reserve’s recent decision to cut interest rates by 50 basis points (bps) has sparked widespread discussions, particularly regarding its implications for various sectors, including IT. National brokerage…
Trump Campaign Faces Tense Countdown to Presidential Debate Against Kamala Harris Amid Mood Concerns
As the upcoming presidential debate between Donald Trump and Kamala Harris draws near, concerns within Trump’s campaign are mounting. The central worry? The former president’s unpredictable mood. This debate, which…
Dick Cheney Announces Support for Kamala Harris Over Trump in 2024 Election
In a surprising turn of events, former Vice President Dick Cheney, a prominent Republican figure, has declared his intention to vote for Vice President Kamala Harris in the upcoming 2024…
U.S. Job Openings in July Hit 3.5-Year Low, Signaling Economic Slowdown
The U.S. labor market is showing signs of a notable slowdown, as job openings in July 2024 reached their lowest level in three and a half years, according to a…
Apple Announces CFO Change: Luca Maestri Steps Down, Kevan Parekh Named Successor for 2025
Apple has announced a significant leadership change as its Chief Financial Officer (CFO), Luca Maestri, will step down from his role on January 1, 2025. Maestri, who has been a…