Author: Arabian Media staff
Shares of Foot Locker Inc. rocketed higher after hours on Wednesday after the Wall Street Journal reported that Dick’s Sporting Goods Inc. was close to a deal to buy the struggling sneaker chain. Source link
Image credit: Getty Images Flight operations in northern and western India faced major disruptions on Tuesday, with Air India and IndiGo cancelling services to and from several airports due to “latest developments” in the region. Air India confirmed that it had suspended two-way flights at eight airports for the day: Jammu, Leh, Jodhpur, Amritsar, Bhuj, Jamnagar, Chandigarh and Rajkot. #TravelAdvisoryIn view of the latest developments and keeping your safety in mind, flights to and from Jammu, Leh, Jodhpur, Amritsar, Bhuj, Jamnagar, Chandigarh and Rajkot are cancelled for Tuesday, 13th May. We are monitoring the situation and will keep you updated.…
Hungry to learn more about Anthropic, directly from Anthropic? You aren’t alone if so, which is why we’re so delighted to announce that Anthropic co-founder and Chief Science Officer Jared Kaplan is joining the main stage at TechCrunch Sessions: AI on June 5 at UC Berkeley’s Zellerbach Hall. And TechCrunch Sessions: AI is right around the corner! To celebrate the chance to broaden the AI community, we’re offering a limited-time discount on our tickets. For just $292 you can get access to our entire day of programming and networking — and if you bring a friend, that second ticket will be…
Opinions expressed by Entrepreneur contributors are their own. Ask any entrepreneur why they chose to start a business, and you’ll probably get a hundred different answers. However, you’re likely to see an underlying theme emerge. While the individual reasons might be different, they typically boil down to a single idea — freedom. One of the best things about being an entrepreneur is being able to escape the confines of a traditional job, giving you more control over your schedule and earning potential.Despite their best intentions, many entrepreneurs find themselves trapped in a business that demands more time and energy than…
Being first to market with a drug can be crucial. Eli Lilly is proving that being second but better can also pay. Zepbound, the American firm’s weight-loss jab, was approved in its home country in November 2023, more than two years after Wegovy, made by Novo Nordisk, a Danish rival. Over the following year it yielded $4.9bn in revenue, more than half Wegovy’s $8.2bn. On May 7th Novo cut its sales forecast for 2025, citing “lower-than-planned” growth in weight-loss drugs. Its share price has fallen by a third since the start of 2024; Lilly’s has risen by about as much…
A free zone in Dubai is offering entrepreneurs an express business licence service to get up and running in one hour. Meydan Free Zone officially launched Fawri, a new service that enables entrepreneurs to obtain a complete business licence in just 60 minutes. Meydan Free Zone says the platform redefines the speed and simplicity of company formation in Dubai, empowering founders to launch their businesses with unprecedented efficiency. Dubai free zone licence Fawri is a fully digital, all-in-one licensing solution designed specifically for solo entrepreneurs. With a seamless application process, eligible individuals can receive all core legal documents in an…
The junk-bond market is showing signs of calmer times after positive developments in U.S. trade negotiations. Source link
Elon Musk attends a “coffee ceremony” with visiting U.S. President Donald Trump at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia. (Credit: Getty Images) Billionaire tech entrepreneur Elon Musk said on Tuesday that Saudi Arabia has approved the use of his satellite internet service Starlink for aviation and maritime sectors. “I’d also like to thank the Kingdom for approving Starlink for maritime and aviation use,” Musk said during the Saudi-US Investment Forum, which coincided with a White House-led visit to the Kingdom. Starlink, operated by Musk’s aerospace firm SpaceX, has been pushing for broader international expansion,…
Melbourne O’Banion co-founded insurtech Bestow with Jonathan Abelmann in 2017 after struggling to secure his own life insurance policy. His goal was to make it easier for people to obtain life insurance and make the process more tech-enabled. Initially, Bestow operated as a direct-to-consumer insurance provider — selling, underwriting, and servicing life insurance policies. In those first few years, the startup processed over a million applications. Its no-exam underwriting platform gained traction during the COVID pandemic as traditional medical exams were paused. As it grew its D2C business, Bestow in parallel developed software to help modernize the whole process. Recognizing…
This year, AAA is predicting a new Memorial Day weekend travel record with an estimated 45.1 million people venturing at least 50 miles from their homes from Thursday, May 22, to Monday, May 26. That’s an increase of 1.4 million travelers compared to last year. (The previous record was set in 2005 with 44 million people, the company notes.)If that gives you pause to hit the road, Airbnb wants to make things easier by being your own personal concierge when traveling (or deciding to hang out at home).Related: ‘I Can’t Get Everyone to Move Here’: Why Airbnb’s CEO Is Sticking…