Tesla is making efforts to address concerns raised by European leasing companies due to multiple retail price cuts and delays in service.
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Saudia Group Orders 105 Airbus Jets in Record $19 Billion Deal
Saudia Group has placed a historic order for 105 Airbus narrow-body aircraft, valued at $19 billion. Deliveries will start in 2026 and conclude in 2032.
Red Lobster Goes Bankrupt After $20 Unlimited Shrimp Offer Backfires
Red Lobster has filed for Chapter 11 bankruptcy protection, citing high operational costs and an unprofitable unlimited shrimp promotion. It plans to transfer control to its lenders with $100 million in financing from Fortress Investment Group.
Elon Musk's Neuralink Seeks Second Person to Test Brain Chip After US FDA Gives Green Light
The US Food and Drug Administration granted Elon Musk's Neuralink permission to implant its brain chip in a second person, approving the company's suggested solutions for an issue that arose in the first test subject.
AstraZeneca Announces $1.5 Billion Cancer Drug Manufacturing Plant in Singapore
AstraZeneca will build a $1.5 billion manufacturing facility in Singapore to produce antibody-drug conjugates (ADCs) and targeted cancer therapies. This will be the company's first end-to-end ADC production site and will receive support from the Singapore Economic Development Board (EDB).
Latest News
Two German banks in Russia had their assets seized by the court over a Baltic Sea gas project construction issue.
China restricts certain US corporations' investments, imports, and exports, including weapons sales to Taiwan.
Irish low-cost carrier Ryanair said that their net profit rose to $2.09 billion or 34%, making it its best-ever financial performance.
Minnesota lawmakers announced that the state has negotiated a minimum wage deal with Uber and Lyft. (Photo : ROBYN BECK/AFP via Getty Images) Minnesota legislators revealed Saturday, May 18, that the state's government had reached an agreement with Uber and Lyft to establish minimum wage requirements for their drivers.
American billionaire Bruce Nordstrom, the former chairman of Nordstrom's department store chain, has died at the age of 90.
The 10-year Japanese Government Bond (JGB) rose to its highest level in 11 years since a similar rating was recorded back in 2013.
OpenAI CEO Sam Altman has been embarrassed by the company's policy of threatening to revoke vested equity from exiting employees who refused to sign a non-disclosure and non-disparagement agreement.
The Actors' Equity Association announced that 1,700 Disneyland Resort cast members voted to unionize.
Former President Donald Trump has once again criticized President Joe Biden's handling of inflation, pointing to the shrinking size of Snickers bars as an example of his rival's economic mismanagement and not "shrinkflation."
