The potential imposition of 25% tariffs on imports from Canada by President-elect Donald Trump raised alarm bells regarding the future of the Canadian automotive industry. Ontario, the heartbeat of Canada’s automobile production, stands to lose significantly due to these proposed tariffs. The stakes are high: major automakers including Ford, General Motors, Stellantis, Toyota, and Honda
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In an unexpected turn of events, American Airlines encountered a technical issue early on Tuesday morning, resulting in a brief grounding of its U.S. flights. As the holiday season approached, with carriers anticipating an unprecedented wave of travel, this disruption came at a particularly inopportune time. Fleet operations were disrupted for less than an hour,
As we approach the end of another year, the media and entertainment industry is filled with speculation and excitement as executives offer their expectations for the upcoming 2025. This festive tradition provides a unique lens into the rapidly evolving realm of content creation, distribution, and consumption. Through a series of anonymous forecasts, key players in
The situation concerning a possible government shutdown is reaching a critical point, coinciding with the busiest travel season of the year. With Congress embroiled in conflict over federal funding, a short-term bill that received backing from President-elect Donald Trump was recently voted down. If lawmakers cannot broker a resolution by the deadline of 12:01 a.m.
In a shocking turn of events, Party City has confirmed the closure of all its retail locations, coupled with immediate corporate layoffs, a move that underscores the company’s deteriorating financial situation. This news, which was delivered by CEO Barry Litwin during an urgent meeting on Friday, marks a significant moment in the history of a
In a year marked by upheaval and transformation, U.S. public companies saw a historic surge in chief executive turnover, concluding with a staggering 327 CEO changes through November, according to Challenger, Gray & Christmas, an outplacement firm. This figure eclipses any previous yearly total since the firm began tracking such data in 2010, reflecting an
In an age where college athletics intertwines with big business, financial scrutiny over college sports programs has reached unprecedented levels. With revenue streams swelling into the billions, it has sparked interest from private investors eager to capitalize on what is now seen as a lucrative market. But just how much is a program truly worth?
As the automotive industry continues to navigate the recovery from the pandemic, analysts are optimistic about the future of new vehicle sales in the U.S. According to projections by Cox Automotive, U.S. new vehicle sales could reach 16.3 million units in 2025. This anticipated growth marks a notable turnaround since the peak sales figures of
In a significant move reflecting ongoing tensions between Starbucks Workers United and the coffee giant itself, reports indicate that an overwhelming 98% of union baristas have voted in favor of authorizing a strike. This decision emerges as part of a broader strategy to negotiate better working conditions and secure a solidified contract with Starbucks. Delegates
In a significant stride towards reshaping women’s basketball, the startup league Unrivaled recently announced the successful closure of a $28 million Series A funding round. Set to kick off its inaugural season soon, Unrivaled has quickly garnered attention, not only for the financial backing it has secured but also for its commitment to empowering female
In the post-pandemic world, the travel landscape is witnessing a seismic shift in passenger preferences regarding seating options on airlines. While budget-conscious travelers once dominated the skies, the landscape has transformed. More passengers are now willing to invest significantly for a more comfortable and pleasurable experience at the front of the cabin. This phenomenon is