Jonathan Wong
The Latest
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Investigation Launched as Southwest Boeing 737 Loses Engine Cover
A recent incident involving a Southwest Airlines Boeing 737-800 flight from Denver to Houston has raised concerns within the aviation industry. A recent incident involving a Southwest Airlines Boeing 737-800 flight from Denver to Houston has raised concerns within the aviation industry. -
Walmart Shoppers Eligible for Up to $500 in Settlement Over Alleged Overcharging: How to Claim?
Walmart shoppers who have purchased produce or packaged meat from the retail giant in the past five years may be eligible for up to $500 as part of a class-action settlement. The $45 million settlement resolves allegations that Walmart overcharged customers for sold-by-weight products, including packaged meat and certain bagged citrus, according to legal documents. Walmart shoppers who have purchased produce or packaged meat from the retail giant in the past five years may be eligible for up to $500 as part of a class-action settlement. The $45 million settlement resolves allegations that Walmart overcharged customers for sold-by-weight products, including packaged meat and certain bagged citrus, according to legal documents. -
Johnson & Johnson Boosts Cardiac Portfolio with $13.1 Billion Shockwave Medical Acquisition
Johnson & Johnson (J&J), a leading healthcare conglomerate, recently announced a significant expansion of its medical device portfolio with the acquisition of Shockwave Medical for an impressive sum of $13.1 billion. Johnson & Johnson (J&J), a leading healthcare conglomerate, recently announced a significant expansion of its medical device portfolio with the acquisition of Shockwave Medical for an impressive sum of $13.1 billion. -
Ford Delays Electric SUV and Truck Launches, Prioritizes Hybrid Expansion
Ford Motor Company has announced strategic alterations to its electric vehicle (EV) production timeline, indicating a shift towards a more hybrid-focused approach across its North American lineup by 2030. Ford Motor Company has announced strategic alterations to its electric vehicle (EV) production timeline, indicating a shift towards a more hybrid-focused approach across its North American lineup by 2030. -
Amazon Refocuses Strategy with Hundreds of Job Cuts in AWS and Retail Tech Units
Amazon has announced the elimination of hundreds of positions within its cloud computing behemoth, Amazon Web Services (AWS), and its retail technology teams. This move, described by the company as part of a broader strategic realignment, aims to streamline operations and focus resources on areas poised for maximum impact. Amazon has announced the elimination of hundreds of positions within its cloud computing behemoth, Amazon Web Services (AWS), and its retail technology teams. This move, described by the company as part of a broader strategic realignment, aims to streamline operations and focus resources on areas poised for maximum impact. -
Americans Believe They Need $1.46 Million to Retire Comfortably, but Fall Far Short in Savings: Study
Americans have set an ambitious target for their retirement savings, with a recent study revealing that many believe they should have approximately $1.46 million stashed away to retire comfortably. However, the reality is starkly different, as most Americans, on average, have less than $89,000 saved for their golden years, according to a Northwestern Mutual study released this week. Americans have set an ambitious target for their retirement savings, with a recent study revealing that many believe they should have approximately $1.46 million stashed away to retire comfortably. However, the reality is starkly different, as most Americans, on average, have less than $89,000 saved for their golden years, according to a Northwestern Mutual study released this week. -
Disney Triumphs in Board Battle Against Hedge Funds Trian and Blackwells
In a definitive victory for Walt Disney Co., the entertainment conglomerate has successfully secured enough shareholder votes to stave off a board challenge initiated by Nelson Peltz's Trian Fund Management. In a definitive victory for Walt Disney Co., the entertainment conglomerate has successfully secured enough shareholder votes to stave off a board challenge initiated by Nelson Peltz's Trian Fund Management. -
SLB Expands Energy Empire with $7.75 Billion ChampionX Acquisition
SLB, the leading oilfield services company formerly known as Schlumberger, has announced a significant expansion with its acquisition of ChampionX, a prominent provider of chemistry solutions and drilling technology, in an all-stock transaction valued at approximately $7.75 billion. SLB, the leading oilfield services company formerly known as Schlumberger, has announced a significant expansion with its acquisition of ChampionX, a prominent provider of chemistry solutions and drilling technology, in an all-stock transaction valued at approximately $7.75 billion. -
Tesla's Deliveries Falter, Prompting Stock Plunge and Demand Concerns
Tesla Inc. faced a significant setback in the first quarter of 2024 as its vehicle deliveries dropped by 8.5% compared to the same period last year, sending its shares tumbling down by 7% in premarket trading. Tesla Inc. faced a significant setback in the first quarter of 2024 as its vehicle deliveries dropped by 8.5% compared to the same period last year, sending its shares tumbling down by 7% in premarket trading. -
Sam Bankman-Fried Expresses Remorse in First Interview Since 25-Year Sentencing
In an exclusive interview with ABC News, former crypto entrepreneur Sam Bankman-Fried expressed remorse for his actions that led to a 25-year prison sentence for fraud last week. In an exclusive interview with ABC News, former crypto entrepreneur Sam Bankman-Fried expressed remorse for his actions that led to a 25-year prison sentence for fraud last week.