Boeing recently announced that the head of its 737 Max program, Ed Clark, will be replaced following an incident where a panel blew out on one of the jet models during an Alaska Airlines flight. This led to a temporary grounding of the aircraft type and increased scrutiny on the operations of the plane maker.
Business
Recently, a coalition of unions has taken on Starbucks, challenging its human capital management strategy and calling for significant changes within the organization. The Strategic Organizing Center (SOC) has raised concerns about the company’s response to the union movement, criticizing its approach to labor relations and its impact on both employees and shareholders. The SOC’s
Bridgit Mendler, known for her roles in Disney Channel shows and hit songs, is now venturing into the space industry with a groundbreaking idea. Instead of focusing on building rockets or satellites, Mendler’s startup, Northwood Space, aims to mass-produce ground stations to revolutionize the way satellite data reaches the ground. Breaking Down Barriers in Space
In a recent statement released by JetBlue Airways, it was announced that Carl Icahn has successfully secured seats on the board of directors. This comes after Icahn disclosed a nearly 10% stake in the New York-based airline and expressed his interest in board representation. The two new directors appointed are Jesse Lynn, the general counsel
Starbucks, the renowned coffee giant, has recently introduced a brand new store design that prioritizes accessibility and inclusion. This exciting development aims to provide a welcoming and inclusive environment for all customers, including those with disabilities. The first cafe showcasing this innovative design was launched in Union Market, Washington, D.C. on Friday. Sara Trilling, the
A recent study conducted by the New York Federal Reserve revealed an astonishing fact: younger generations have experienced a significantly faster growth in wealth compared to their older counterparts since the pandemic began. The study shows that the total wealth of Americans under the age of 40 soared by a staggering 80%, reaching an impressive
In a bold move to streamline and consolidate his investments, Mat Ishbia, owner of the Phoenix Suns, has announced the formation of a new sports, entertainment, and real estate investment group. Aptly named the Player 15 Group, this innovative company aims to house not only the National Basketball Association’s (NBA) Phoenix Suns and the Women’s
Tiger Woods, the renowned golf legend, has recently ended his long-standing partnership with Nike and has now joined forces with TaylorMade to create a new apparel and footwear performance and lifestyle brand. The collaboration between Woods and TaylorMade has resulted in the birth of a brand called Sun Day Red, which will be exclusively available
Jeff Bezos, the billionaire founder of Amazon, made headlines last week when it was revealed that he had sold $2 billion worth of his company’s stock. However, the real story behind the sale is the strategic move Bezos made to Miami, which allowed him to avoid paying state taxes on his stock sales. This move
As the travel industry rebounds from the pandemic and airfare prices continue to soar, more and more travelers are considering trains as an alternative to planes. There are several factors that make train travel an attractive option for many people. Not only are trains often cheaper, but they also provide more legroom and are better