Underground

Lord Mervyn King, former Governor of the Bank of England, stated that the recent record inflation was primarily caused by the central bank keeping interest rates too low for too long. He also criticized other central banks for not acting quickly enough to control the situation from the start. In an interview with BBC Radio […]

Tiger Woods’ new logo for his Sun Day Red golf apparel line is currently embroiled in a serious trademark dispute. Tigeraire, a company specializing in cooling products for athletes, has filed an opposition notice with the U.S. Patent and Trademark Office, alleging that Sun Day Red and Tiger Woods have “unlawfully hijacked” their design for

General Atlantic LLC, a leading global private equity firm, is on the brink of finalizing an £800 million acquisition deal to buy Learning Technologies Group (LTG), a prominent player in the educational technology sector based in London. This strategic move not only marks General Atlantic’s significant expansion into the EdTech space but also reflects the

A subsidiary of Johnson & Johnson filed for bankruptcy for the third time on Friday as the healthcare giant strives to push forward an approximately $8 billion settlement to end tens of thousands of lawsuits alleging that its baby powder and other talc products caused cancer. This latest bankruptcy filing was made by J&J’s Red

Charlie Ergen, the founder of EchoStar and Dish Network more than 40 years ago, is nearing the sale of his pay-TV business. According to sources familiar with the matter, EchoStar is currently in advanced talks to sell satellite TV provider Dish Network to rival DirecTV, a pay-TV operator owned by private equity firm TPG and

Boeing, the major U.S. aerospace giant, is facing a long-term crisis. According to the head of the Federal Aviation Administration (FAA), fixing Boeing is a “very long-term project.” This statement was made during a hearing before the U.S. Congress on Wednesday, as lawmakers urged the FAA to be tougher on Boeing and force the company

Dovid Efune, owner of the New York Sun, has emerged as the leading contender in the race to acquire the Daily and Sunday Telegraph ahead of the bidding deadline on Friday. Although a late entrant to the auction, the British-born Efune is now seen by many as the strongest candidate in the competition. Efune is

Coca-Cola has decided to discontinue its Spiced flavor just six months after its launch, marking an unsuccessful effort to attract younger drinkers. This move is surprising, especially since Coca-Cola had promoted Spiced as a permanent addition to its product lineup. Decision to Discontinue Production In a press statement, a company representative stated, “Coca-Cola is always