Warriors, 76ers, Devils, and Giants owners take part in US$30 million Gametime funding round
May 30, 2022 23:26 pm UTC| Sports Economy Business
Ticketing platform Gametime generated US$30 million in a funding round involving co-managing partner of the Philadelphia 76ers and New Jersey Devils David Blitzer, San Francisco Giants owner Jeff Mallet, and Golden State...
Ballooning inventories force US retailers Walmart, Costco, Gap, and Macy’s to discount goods
May 30, 2022 21:31 pm UTC| Business Economy
Major US retailers that recently scrambled to restock shelves amid product shortages, such as Walmart, Costco, Gap, and Macys are now packed with too much merchandise they are forced to discount unsold goods. During the...
60 UK companies to hold four-day workweek trials
May 30, 2022 20:57 pm UTC| Business Economy
Sixty UK companies will conduct a six-month trial of a four-day working week to help firms shorten their working hours without cutting salaries or sacrificing revenues. Such trials have been conducted in Spain, Iceland,...
Samsung Display to close LCD business due to competition from Chinese, Taiwanese brands
May 30, 2022 20:50 pm UTC| Business Economy
Samsung Display will close its liquid-crystal display (LCD) business in June due to a declining global competitive edge because of cheaper products made by its Chinese and Taiwanese counterparts. The decision by Samsung...
Son Heung-min's fashion brand NOS7 to collaborate with Shinsegae
May 30, 2022 20:26 pm UTC| Sports Life Economy Business
Premier League Golden Boot winner Son Heung-mins upcoming fashion brand NOS7 will sell its products by collaborating with the Shinsegae Group. NOS7 would be launched on June 17. The new brand has gotten a lot of...
Starbucks Japan offers melon frappuccino as part of pun-themed dessert menu
May 30, 2022 17:41 pm UTC| Business Economy Life
Starbucks Japan is combining the two possible meanings of Yori Dori Midori,which is either green or getting your pick from a number of attractive options, by giving multiple tasty green-colored things to choose...
Rivian executive quits amid major company shakeup
May 30, 2022 09:30 am UTC| Business Economy
Rivian Automotive, Inc., an Irvine, California-based electric vehicle automaker and auto tech firm founded in 2009, is currently shuffling its management team. In the midst of this shakeup, one of its executives managing...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects