business
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Fullerton Healthcare Co-Founders Fined Over S$211,000 Falsified Claims Scheme
Fullerton Healthcare co-founders Daniel Chan and Michael Tan were fined S$160,000 for a scheme involving over S$211,000 in inflated entertainment expense claims.
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Fidji Simo Steps Down from OpenAI Role Amid Health Challenges
Fidji Simo will transition to a part-time advisor role at OpenAI as she steps back from her full-time executive duties to prioritize recovery from a chronic condition.
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Prime Hydration Australian Distributor Enters Administration
The Australian company responsible for distributing Prime energy drinks has entered voluntary administration, leaving millions in outstanding debt.
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Hershey Unveils Reese’s Pieces with Chocolate Cookie Center
Hershey is expanding its Reese’s line with a new Chocolate Cookie-centered candy, marking the first major innovation for the brand in a decade.
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Owner of Eminent Frog Porridge Charged in S$3.8 Million Tax Evasion Case
The owner of the popular Singaporean dining spot faces 30 charges for alleged tax evasion and money laundering involving S$3.8 million in unpaid taxes.
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Samsung’s Strategic Crossroads: Hardware Moats vs. Service Scalability
Samsung faces a pivot point as it balances its hardware-centric ecosystem with the need to open its streaming and AI foundry services to wider markets.
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Comcast to Spin Off NBCUniversal and Sky into Independent Media Entity
Comcast will spin off its media assets, including NBCUniversal and Sky, into a separate public company to focus on core broadband and wireless infrastructure.
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The $40,000 Olive: Corporate Efficiency and Airline Lore
A famous anecdote about American Airlines removing a single olive from first-class salads highlights the extremes of corporate cost-cutting and the persistence of urban legends in aviation history.
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Alaska Air Group Accelerates Starlink Wi-Fi Rollout Across Combined Fleet
Alaska Air Group and Hawaiian Airlines have deployed free Starlink Wi-Fi on 150 aircraft, exceeding original rollout schedules to boost passenger loyalty.
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Coca-Cola Launches Exclusive ‘Fanta Vanilla Cherry Spritz’ at Noodles & Company
Coca-Cola is debuting a limited-time Fanta Vanilla Cherry Spritz exclusively at Noodles & Company restaurants across the US starting July 1, 2026.
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Walmart Retail Strategy Shifts as Walton Family Expands Sports Ownership
Walmart concludes its summer ‘Deals Days’ as the retailer expands inclusive apparel, while heir Lukas Walton acquires a stake in the Chicago Bulls.
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Diageo Plans 150 Job Cuts in Ireland as Part of Global Restructuring
Global drinks giant Diageo has notified the Irish government of potential redundancies affecting approximately 150 employees, representing over 10% of its local workforce.
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Bed Bath & Beyond Returns with Hybrid Stores and ‘Legendary Coupon’ Campaign
Bed Bath & Beyond is relaunching with 22 co-branded locations and a national contest designed to leverage its legacy coupon brand to win back customers.
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Tim Ho Wan to Close Iconic First Singapore Outlet at Plaza Singapura
The inaugural overseas outlet of the renowned Hong Kong dim sum chain will cease operations on July 12, 2026, due to a major mall redevelopment project.
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Australian Activewear Brand Tully Lou Closes After 14 Years
Melbourne-based activewear brand Tully Lou is shutting down following 14 years of operation, citing rising costs and a saturated market.