Business

In a groundbreaking move for women’s athletics, tennis legend Serena Williams has announced her ownership stake in the Women’s National Basketball Association’s (WNBA) Toronto Tempo. This expansion team, set to debut in 2026, marks a pivotal moment, as it’s the first of its kind to be established in Canada. Williams’ involvement signifies her commitment to
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In an increasingly complex investment landscape, individuals and institutions are recognizing the importance of aligning financial goals with societal values. One exemplary initiative in this movement is Pivotal Ventures, a family office established by Melinda French Gates. With a commitment of $2 billion, Pivotal Ventures embodies a new approach by championing women’s rights and promoting
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In the realm of modern air travel, the race to enhance passenger comfort has never been more frenetic. Airlines are clamoring to meet the growing demands of affluent customers for improved flying experiences, leading to increasingly sophisticated cabin designs. However, this pursuit of luxury comes with a significant downside: delays in aircraft deliveries due to
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The Consumer Financial Protection Bureau (CFPB), conceived in the aftermath of the 2008 financial crisis as a safeguard for consumers against predatory financial practices, is currently facing an existential threat. Under the leadership of Trump-appointed officials, the agency has initiated drastic measures that foreshadow its potential dismantlement. Recent testimonies from employees suggest a systematic plan
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The Consumer Financial Protection Bureau (CFPB) has long been a cornerstone in safeguarding the financial interests of American consumers, but recent developments signal a profound transition in the agency’s mission. With President Donald Trump’s nominee, Jonathan McKernan, facing rigorous interrogation from Democratic senators, the future of the CFPB hangs in a delicate balance. As the
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In a bold move that has ignited fierce debate within journalistic circles, Jeff Bezos, the founder of Amazon and owner of the Washington Post, recently announced a significant change to the newspaper’s editorial policy. This shift, which centers on an unwavering commitment to “personal liberties and free markets,” has led to significant backlash from various
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Recently, General Motors (GM) made headlines by announcing a 25% increase in its quarterly dividend alongside a new share repurchase program worth $6 billion. This decision reflects the company’s intention to provide tangible returns to its investors, especially during a time when industry-wide sales and profits are experiencing a slowdown. The increase in the dividend
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Eli Lilly, a prominent player in the pharmaceutical industry, has taken significant strides to reshape the landscape of obesity treatment with the introduction of higher doses of its weight-loss drug, Zepbound. Released in single-dose vials at a reduced price, this initiative is designed to make the medication more accessible to a broad audience, particularly to
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