The Body Shop admitted to breaching employment laws by abruptly firing hundreds of employees without notice or compensation, prompting legal action and ethical concerns amid its "restructuring" plans.
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Macy’s Buyout: New Takeover Bid by Arkhouse, Brigade Reaches $6.6 Billion After Initial Rejection
At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.
Wall Street On HIgh Alert As Threat of Inflation Looms
Wall Street is alarmed by signs of persistent inflation, fearing a return to stagflation akin to the 1970s and 1980s, prompting caution in asset allocation strategies.
Waymo Launches Driverless Service in Los Angeles Amid Strong Opposition
Waymo, Alphabet Inc.'s autonomous vehicle firm, overcomes opposition to expanding driverless service into Los Angeles and the San Francisco Peninsula.
Senate Pushes For Social Media Accountability With 'Kids Online Safety Act' Amid AI Deepfake Concerns
Mandating tech platforms to be responsible for online threats and enacting the 'Kids Online Safety Act' will protect minors from AI-generated deepfake content.
Latest News
Elon Musk was confronted by the president of a key member nation of the North Atlantic Treaty Organization (NATO) after making a false claim about the military alliance amid the Russia-Ukraine conflict.
Former President Donald Trump has mixed up former President Barack Obama with President Joe Biden again.
Saudi Arabia, Russia, and some other key members of the Organization of the Petroleum Exporting Countries Plus (OPEC+) have decided to prolong their voluntary crude supply cuts until June.
The IRS assures a quick disbursement of the child tax credit as the Tax Relief for American Families and Workers Act of 2024 bill awaits Senate approval.
After investing in OpenAI, Microsoft's partnership with Mistral AI will help improve its multilingual model comparable to ChatGPT 4, now available on Microsoft Azure.
Sony Music Group's record-breaking deal with Michael Jackson's catalog, valued at over $600 million, makes it the largest ever for a solo musician, encompassing hits from albums like Bad and tracks by other artists.
Apple is shifting its focus from its decade-long car project to investing $73 billion in Apple AI, aiming to challenge Microsoft’s AI leadership, with plans to unveil generative AI-based tools at WWDC in June.
Top OpenAI executives believe that Elon Musk's lawsuit stems from his "regrets" about no longer being a part of the company.
An 89-year-old man died due to complications arising from excessive intake of vitamin D supplements.
