BowFlex Inc. formerly known as Nautilus, Inc., is a marketer, and manufacturer of fitness equipment. It was founded in 1986 with its headquarters in Washington, USA. According to reports, BowFlex recently filed for Chapter 11 bankruptcy as a result of post-pandemic and macroeconomic conditions. The report further mentions that Johnson Health Tech would acquire all…
General Motors to Recall 570,434 Vehicles
General Motors has issued a recall of 570,434 pickup trucks in the United States and Canada due to a potential safety issue involving the trucks tailgates. The National Highway Traffic Safety Administration (NHTSA) stated that the electronic gate-release switch on the tailgate may short circuit if soiled, causing the tailgate to open while the car…
Haiti: 12 Killed in Unrest
The republic of Haiti, formerly known as Hayti, is a country on the Caribbean island of Hispaniola. It is the third largest country in the Caribbean by area, covering 10,714 sq mi. With a population of 11.4 million residents as of 2023, the capital is Port-au-Prince. It is bordered by the Dominican Republic, Bahamas, Colombia,…
Sainsbury’s to Layoff 1,500
J Sainsbury plc is one of the biggest supermarket holding company in the United Kingdom. Sainsbury’s is the second-largest supermarket after Tesco and was founded in 1869 with its headquarters in Holborn, London. It boasted of being the largest supermarket in the country until the title was taken in 1995. Sainsbury’s has announced plans to…
Bangladesh: 43+ killed in Building Fire
Dhaka, formally known as Dacca, is the capital and largest city of Bangladesh with a population of 10.2 million residents as of 2022. According to reports, there has been an unfortunate fire incident in a 7-storey building in Dhaka on Thursday, February 29 2024, that led to at least 43 fatalities, with 75 people rescued…
EA to Layoff 670
Electronic Arts Inc. (EA) is an American video game company that was founded in 1982, with its headquarters in Redwood City, California. They have made famous games such as FIFA, Medal of Honor, and the Need for Speed series, all under the EA Sports label. According to reports, EA has announced plans to lay off…
Wildfires Lead to Evacuations in Texas
Texas is a state in the South Central region of the United States, with a population of 30.5 million residents as of 2023. It is the second-largest U.S. state by area after Alaska. According to reports, a wildfire in the Texas Panhandle has led to 1 fatality, with more than 4,500 homes and businesses left…
Bumble to Layoff 350
Bumble is an online dating and networking application where profiles of potential matches are displayed to users who can swipe left to reject or swipe right to indicate interest. It was founded in 2014, with its headquarters in Texas, USA. The company boasts of having over 55 million users in 150 countries as of 2019….
India: 3,272 kg of Narcotics Seized
Gujarat is a western state in the Republic of India. It is the fifth-largest Indian state by area, covering 75,685 sq mi, with a population of 60.4 million residents as of 2011. A major drug bust has resulted in the seizure of 3,272kg of narcotics off the Gujarat coast near the International Maritime Boundary Line…
Sony to Layoff 900 in Gaming Division
Sony Interactive Entertainment LLC is a multinational video game and digital entertainment company. It was founded in 2016 with its headquarters in San Mateo, California. It is a subsidiary of Sony Group Corporation and primarily operates the PlayStation brand of video game consoles and products. According to reports, Sony has announced plans to lay off…