Jonathan Wong

Jonathan Wong

The Latest

  • Boeing Shakes Up Leadership in Response to 737 Max Safety Concerns
    Boeing logo
    Boeing has made the significant decision to remove Ed Clark from his role as the head of the 737 Max passenger jet program, a move that comes in the wake of a series of safety incidents, including a recent alarming midair blowout.
  • JD.com Eyes Currys Acquisition for Swift European Market Entry
    JD.com Hong Kong Listing
    The burgeoning interest of JD.com in acquiring British electronics retailer Currys marks a strategic shift in the Chinese e-commerce behemoth's approach to global expansion, particularly in the European market.
  • American Airlines Overhauls Baggage Pricing and Loyalty Mileage Rules
    American Airlines
    The changes in baggage fees are set to affect passengers across various routes, with the first checked bag on domestic flights now costing $35 if booked online in advance and $40 if purchased at the airport, up from the previous $30.
  • Unions Target Starbucks Board, Citing Flawed Response to Worker Organizing
    FIRING
    The Strategic Organizing Center (SOC), a coalition of labor unions, is intensifying its scrutiny of Starbucks ahead of a pivotal proxy battle at the company's annual meeting in March. The SOC contends that Starbucks' response to the ongoing unionization efforts among its baristas reflects a "flawed human capital management strategy," jeopardizing the company's reputation, shareholder returns, and customer loyalty.
  • Home Depot Projects Downturn in 2024 Sales Amidst Shifting Consumer Spending
    Home Depot Earnings
    Home Depot, the leading U.S. home improvement retailer, is bracing for subdued growth in 2024 as it navigates a challenging economic landscape marked by persistent inflation and shifting consumer spending patterns.
  • Walmart Reports Strong Quarter: E-Commerce Surge and Expansion into Digital Advertising
    SORE LOSER?
    Walmart, the largest retailer in the United States, is poised to report another quarter of sales growth, albeit at a slower pace compared to the previous year. As the company prepares to announce its fourth-quarter results, expectations are set for a 3.2% increase in U.S. same-store sales, a notable decrease from last year's 8.8% growth.
  • Capital One Eyes Acquisition of Discover Financial in Potential Billion-Dollar Deal, WSJ Syas
    Capital One Breach
    Capital One Financial is reportedly set to acquire Discover Financial Services, a development that underscores the ongoing consolidation within the industry.
  • U.S. Injects $1.5 Billion into GlobalFoundries to Ramp Up Semiconductor Production
    'Quad' countries to agree on secure microchip supply chains - media
    Biden administration announced a significant $1.5 billion grant to GlobalFoundries.
  • Donald Trump Launches Branded Sneakers in Political Merchandise Foray, Sparking Mixed Reactions
    Donald Trump Launches Branded Sneakers in Political Merchandise Foray, Sparking Mixed Reactions
    Former President Donald Trump unveiled a line of branded sneakers at "Sneaker Con" in Philadelphia, a day following a monumental $355 million legal ruling against him.
  • Amazon, SpaceX, and Trader Joe's Unite in Constitutional Fight Against Labor Board
    Amazon bets on Black Friday deals in early holiday shopping push
    Amazon has aligned itself with Elon Musk's SpaceX and the popular grocer Trader Joe's in contending that the enforcement mechanics of the National Labor Relations Board (NLRB) infringe upon the U.S. Constitution.
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