President Donald Trump posted a “SpongeBob SquarePants” meme on Truth Social, taking a jab at federal employees following an email instructing them to document their weekly achievements. The meme features SpongeBob reviewing a notepad labeled “Got Done Last Week,” with a list that includes:✔️ Cried about Trump✔️ Cried about Elon✔️ Made it into the office […]
Starbucks Cuts 1,100 Jobs and Streamlines Menu to Boost US Business
Starbucks is making major changes to revamp its struggling US operations. The coffee giant is eliminating 1,100 corporate jobs and simplifying its menu to improve efficiency, reduce wait times, and enhance quality. Starbucks Menu Cuts: What’s Changing? As part of the revamp, Starbucks is removing less popular drinks from its menu, including: Royal English Breakfast […]
US Government Workers Confused Over Elon Musk-Backed Work Report Mandate
US government employees faced widespread confusion on Monday after receiving conflicting instructions regarding compliance with an Elon Musk-backed directive requiring them to submit weekly work summaries via email or risk termination. Conflicting Guidance Creates Uncertainty The controversy began when the Office of Personnel Management (OPM) issued an email on Saturday instructing federal employees to respond […]
DBS Bank to Cut 4,000 Jobs Over Three Years as AI Transforms Operations
Singapore’s largest bank, DBS, has announced plans to reduce 4,000 jobs over the next three years as artificial intelligence (AI) automates more tasks currently handled by human workers. A DBS spokesperson told the BBC that the workforce reduction will occur through natural attrition, primarily affecting temporary and contract positions, while permanent staff will remain unaffected. […]
Warren Buffett Names Greg Abel as Successor in Annual Letter to Berkshire Hathaway Shareholders
Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, confirmed in his annual letter to shareholders that Greg Abel will soon take over as CEO. Buffett, 94, stated, “It won’t be long” before Abel, who currently oversees Berkshire’s energy division, assumes leadership. Buffett Reflects on Legacy and American Business Published on Saturday, Buffett’s annual […]
Dangote Reveals Government Contributes Only 15% To GDP, Calls For Economic Reform.
Africa’s richest man and business mogul, Aliko Dangote, has raised concerns over the Nigerian government’s contribution to the country’s Gross Domestic Product (GDP), stating that it accounts for only 15%. The billionaire industrialist made this revelation while speaking at an economic summit, where he emphasized the need for the government to play a more significant […]
Tesla Stock Faces Potential 50% Drop in 2025, Says Early Investor Ross Gerber
Ross Gerber, an early Tesla investor, has been vocal about concerns surrounding Elon Musk and Tesla’s future. Once a strong supporter, he has reduced his stake in the company, citing multiple risks that could drive Tesla stock down by as much as 50% in 2025. In a recent Business Insider interview, Gerber outlined four key […]
BMW Delays Electric Vehicle Production Restart at Oxford Mini Plant
BMW has announced a delay in resuming electric vehicle (EV) production at its Oxford Mini plant, citing ongoing uncertainties in the automotive industry. The manufacturer has also chosen to forgo a £60 million government grant related to its £600 million plant upgrade but remains in discussions with officials. Reasons Behind the Delay The UK automotive […]
Wall Street Braces for Market Correction as $2.7 Trillion in Derivatives Expire
Wall Street stocks could be at risk of a correction due to turmoil in the options market, according to Goldman Sachs specialist Scott Rubner. In a note released Thursday, viewed by Reuters on Friday, Rubner warned that a massive $2.7 trillion worth of U.S. stock market derivatives are set to expire, potentially triggering volatility and […]
PepsiCo Ends Key Diversity Initiatives as Coca-Cola Reaffirms Commitment to Inclusion
PepsiCo has announced the rollback of several diversity, equity, and inclusion (DEI) initiatives, a move that sets it apart from its key competitor, Coca-Cola, which continues to support its DEI programs. PepsiCo Ends DEI Goals for Hiring and Suppliers In a memo to employees, PepsiCo CEO Ramon Laguarta confirmed that the company will no longer […]