In a catastrophic turn of events, a Jeju Air flight, designated 7C2216, made headlines when it belly-landed at Muan International Airport without its landing gear deployed. This tragic incident has resulted in a devastating loss of life, claiming the lives of 179 individuals onboard, save for two survivors. As the nation grapples with one of
Business
On a pivotal Monday, Nordstrom announced it is taking the substantial step to become a private company, concluding a buyout agreement valued at approximately $6.25 billion. Under this new arrangement, the founding Nordstrom family will hold a significant 50.1% ownership stake, while Mexican retail chain El Puerto de Liverpool will hold the remaining 49.9%. This
This past Christmas, Netflix achieved a remarkable milestone by becoming the go-to platform for NFL games, recording the highest streaming numbers ever seen in the United States. Nielsen reported that nearly 65 million viewers tuned in for two exclusive NFL matchups, making it a significant day for the streaming service. The games showcased by Netflix
In a significant move to protect gig economy workers, the Consumer Financial Protection Bureau (CFPB) has leveled a critical complaint against Walmart and Branch Messenger. Allegations detail a systematic scheme that purportedly forced over a million delivery drivers participating in Walmart’s Spark Driver Program into problematic deposit accounts that complicated their payment processes. The implications
The prospect of a 25% tariff on Canadian imports proposed by President-elect Donald Trump has ignited a growing sense of alarm within Canada, particularly for its automotive industry. As the backbone of Ontario’s economy, the automotive sector’s viability is now under siege. With major automakers such as Ford, General Motors, Stellantis, Toyota, and Honda heavily
On Tuesday morning, American Airlines experienced a significant operational hiccup that briefly grounded its domestic flights due to a technical malfunction. This incident occurred during one of the busiest travel seasons of the year, as many airlines were bracing for a surge in passenger demand driven by the upcoming holiday festivities. By 7:55 a.m. ET,
The holiday season often brings about not just cheer, but also predictions for the year to come, particularly in the fast-evolving media and entertainment landscape. As we look ahead to 2025, insights offered by anonymous executives from some of the industry’s biggest companies reveal much about the anticipated trends and transformations shaping the future. This
As the holiday season approaches, an imminent government shutdown is threatening to disrupt travel plans for millions of Americans. The political impasse within Congress has escalated, particularly following a failed vote on a short-term funding bill that had the backing of President-elect Donald Trump. Without a resolution by 12:01 a.m. ET this Saturday, government operations