The carrier’s last financial report showed its 11th consecutive quarterly loss and revealed its struggle to make headway in a turnaround while having to increasingly compete with larger so-called “legacy” players for low-fare customers.
Scrolling through the right parts of TikTok, YouTube (GOOGL), or Instagram (META) reels reveals a world of schoolteachers – particularly female Gen Z-ers, who grew up immersed in influencer culture – that are shelling out hundreds and sometimes thousands of dollars on customizing their rooms.
Former WeWork CEO Adam Neumann’s Flowcarbon — a climate tech startup that aimed to put carbon credits on the blockchain — has reportedly started refunding investors after failing to deliver on its promises.
Amazon’s strategy has been focused on fast deliveries and variety, but its foray into low-priced goods is its most blatant effort to compete with Shein and Temu, two Chinese-origin e-retailers that have upset competitors thanks to their rock-bottom prices.
