Netflix, the dominant force in the streaming industry, recently announced notable price hikes across several of its subscription plans in the United States. The platform’s standard ad-free plan will now cost $17.99 per month, a noticeable jump from its previous price of $15.49. The introduction of a lower-cost ad-supported option, intended to attract a broader
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In a bold move that may reshape the dynamics of competitive pricing in the beverage industry, the Federal Trade Commission (FTC) has launched a lawsuit against PepsiCo, alleging the multinational corporation engaged in illegal price discrimination practices. Specifically, the FTC claims that PepsiCo provided a prominent retailer—identified by sources as Walmart—with preferential prices compared to
The recent emergence of Unrivaled, a 3-on-3 women’s professional basketball league, marks a significant milestone in the progression of women’s sports in the United States. Launching on a Friday with a star-studded leadership team, including WNBA icons Napheesa Collier and Breanna Stewart, Unrivaled is poised to create a buzz in an already evolving landscape for
In a recent announcement that has caught the attention of the aerospace community, the Federal Aviation Administration (FAA) revealed that SpaceX’s ambitious Starship rocket program is now on hold. This pause will remain in effect until the FAA completes its investigation into a catastrophic midflight failure during its latest test flight. The implications of this
In the rapidly evolving landscape of autonomous vehicles, few names resonate as prominently as Zoox, Amazon’s autonomous vehicle subsidiary, which is set to enter a transformative phase in its operational journey throughout this year. With ambitious plans to establish a commercial robotaxi service, Zoox is poised to redefine urban mobility. However, the company’s aspirations must
The agricultural equipment industry is witnessing a pivotal moment as the Federal Trade Commission (FTC) has filed a lawsuit against Deere & Company, a prominent player in the market. This legal action alleges that Deere has maintained a monopoly over repair services for its machinery, leading to inflated costs and undue delays that disproportionately affect
In an era marked by ambitious advancements in space exploration, Texas-based Firefly Aerospace is making significant strides towards its lunar objectives. The company recently launched its “Blue Ghost” lunar lander aboard a SpaceX Falcon 9 rocket, initiating a 45-day journey to the moon. This marks Firefly’s inaugural venture into lunar missions, demonstrating its dedication to
In a surprising turn of events, Eli Lilly announced a downward revision of its revenue guidance on Tuesday, reflecting concerns about the performance of its critically acclaimed diabetes and weight loss medications. With investor sentiment swinging dramatically, shares plummeted over 7% during midday trading. The pharmaceutical giant has adjusted its anticipated full-year revenue for 2024
The holiday season, historically a critical period for retailers, has shown a mix of excitement and hesitation as several well-known brands released their early performances. Notably, despite exceeding expectations, the reactions from investors were tempered, indicating underlying concerns about future growth potential. This article delves into the current state of prominent retailers and their outlook
The recent wildfires sweeping through the Los Angeles area have ignited a crisis, prompting airlines serving the region to implement travel waivers for affected travelers. This initiative by major carriers like American Airlines, United Airlines, Southwest Airlines, and JetBlue Airways aims to alleviate the burden on passengers whose travel plans have been derailed by the