BUSINESS

Oct 14 2024BUSINESS

Britain's Big Investment Day: Where's Elon?

Britain's new Labour government just announced a huge 63 billion pounds ($82 billion) investment plan. The focus? Artificial intelligence, life sciences, infrastructure, and technology. This happened at a big business summit in London. Guess who wasn't there? Elon Musk. His social media platform, X,

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Oct 14 2024BUSINESS

Securing Trade Deals: UK Minister's New Priorities

Let's talk about the UK's trade ambitions. The business minister, Jonathan Reynolds, recently shared some updates. He's really keen on sealing trade deals with India and some Gulf countries. In fact, he mentioned that talks with a group of six Gulf nations might restart as early as next week. This i

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Oct 14 2024BUSINESS

A Young CEO's Dream: Dolls with Curls and Coils

When Zoe Oli was just 6 years old, she noticed something different about her hair compared to her classmates. Most of her peers had straight hair, while Zoe had curls and coils. She didn't see many other Black girls at her school, and her peers' questions and comments made her feel uncomfortable. Zo

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Oct 14 2024BUSINESS

The End of an Era: Why Gen Z is Struggling to Pick Up the Wrench

Dave Lawson, a seasoned motorbike mechanic from Perth, is closing his workshop, The Bike Doctor, after 43 years. He blames young workers, specifically Generation Z, for the closure. He thinks they're unwilling to embrace apprenticeships due to low pay and what he considers extravagant spending habit

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Oct 13 2024BUSINESS

Boeing's Big Job Cut: Who's to Blame?

Boeing made a big move recently, letting go of around 10% of its workers. That's about 17,000 people finding themselves without a job. The company pointed the finger at its machinists, who are currently on strike. CEO Kelly Ortberg explained in a memo that these cuts are necessary to keep the compan

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Oct 13 2024BUSINESS

Boeing's Big Shift: Layoffs After Lavish Spending

Boeing, the world-famous plane manufacturer, has hit a rough patch. The company's new CEO, Kelly Ortberg, has announced that about 10% of the workforce will be laid off in the coming months. This news has sparked conversations about the company's past spending habits. Between 2010 and 2019, Boeing s

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Oct 13 2024BUSINESS

7-Eleven Trims 400 Stores: What’s Behind the Closures?

More than 400 7-Eleven stores across North America are closing their doors. The convenience store chain's parent company, Seven & I Holdings, announced this decision in a recent earnings report. The closures are due to several factors, including slow sales, decreased foot traffic, and the impact of

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Oct 13 2024BUSINESS

Post Falls Downtown: A New Mix of Homes and Food on the Horizon

Imagine walking through downtown Post Falls and seeing something new: a big building that combines apartments with a place to grab brunch. This project, led by mother-daughter duo Laura and Kelsey Horn, is set to change the face of the north block in downtown. The site is massive, covering about 50

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Oct 12 2024BUSINESS

China's Economy: A Tug of War

Lately, China's economy hasn't been having the smoothest ride. After the government released a stimulus package, the Shanghai and Hong Kong stock markets took a dive. Why? Because investors felt the measures didn't hit the mark. All this is happening while youth unemployment is high, prices are risi

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Oct 12 2024BUSINESS

China's Economy: A Waiting Game for Stimulus

China's Finance Minister, Lan Fo’an, hinted at possible economic boosts on Saturday but didn't reveal any concrete plans. This comes after the economy's slow recovery from COVID-19 restrictions lifted in late 2022. Companies are cautious, cutting back on jobs and pay, while a struggling property mar

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