Business

In a significant move that’s stirring both public and industry responses, U.S. Surgeon General Dr. Vivek Murthy has released a pivotal advisory shedding light on the dangerous link between alcohol consumption and an elevated cancer risk. This advisory highlights a well-researched connection between drinking and at least seven types of cancer, including but not limited
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DraftKings has taken a significant step forward in revolutionizing the online sportsbook experience by launching its innovative subscription service, DraftKings Sportsbook+. This new initiative, unveiled on December 28 for select customers in New York, aims to enhance user engagement by offering subscribers enticing profit boosts on their bets. As the company tests this subscription model,
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Hindenburg Research, a firm recognized for its short-selling strategies, recently issued a scathing report on Carvana, positioning the online used-car retailer’s impressive comeback as a deceptive “mirage.” The report brought to light significant concerns surrounding Carvana’s financial practices, specifically highlighting the dubious nature of its loan sales and the potentially troubling relationship between CEO Ernie
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As we move through 2024, the air travel industry is experiencing a remarkable resurgence, particularly in the realm of international travel. The International Air Transport Association (IATA) has reported a significant increase in revenue-passenger miles, marking an increase of nearly 11% when compared to the previous year. This upward trend highlights a robust recovery in
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The restaurant industry faced unprecedented challenges in 2024, as many chains scrambled to stabilize their operations in response to shifting consumer behaviors and economic pressures. Following a year characterized by economic uncertainties, inflation, and a lingering sense of caution among consumers, the dining scene saw a significant decline in patronage. Restaurants that previously thrived now
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The recent disaster involving Jeju Air Flight 7C2216 has raised significant concerns regarding airport safety regulations and runway design. On a fateful Sunday morning, a Boeing 737-800, after an overnight journey, failed to land safely, resulting in a catastrophic accident that claimed 179 lives, leaving only two survivors among the 181 passengers on board. This
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On Monday, Nordstrom Inc. unveiled a significant shift in its business structure by announcing it would transition from a publicly traded company to a private entity. This transition comes as a result of a buyout deal estimated at approximately $6.25 billion, spearheaded by Nordstrom’s founding family alongside the Mexican retail giant, El Puerto de Liverpool.
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