Redbox's DVD rental kiosks shut down permanently after parent firm Chicken Soup for the Soul Entertainment changed its Chapter 11 bankruptcy petition to Chapter 7 liquidation.
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Delta Airlines CEO Blames Fare Discounts for Missing Profit Expectations
Delta Air Lines CEO Ed Bastian calls fare discounting and other pressures a major contributor to missed financial expectations and a 5% drop in Delta's stock price.
Apple Supplier Foxconn Boosts Wages and Bonuses Ahead of AI-Enabled iPhone 16 Launch
Foxconn is ramping up hiring and production at its Zhengzhou iPhone plant ahead of Apple's iPhone 16 launch, offering competitive wages and bonuses to meet production demands.
EU Regulators Accuse Elon Musk's X of Misleading Users With Blue Check Accounts
Elon Musk's social media platform, X, was initially found to be violating the Digital Services Act (DSA) by misleading users and failing to comply with key transparency standards.
AT&T Reveals Latest Data Breach Affected Customer Call and Text Records
AT&T disclosed a major data breach in 2022 that affected the call and text records of nearly all its mobile users over a six-month period. This is considered one of the largest breaches of private communications data.
Latest News
The British Groceries Code Adjudicator demanded Amazon to take “swift and comprehensive action” to improve its compliance with industry regulations regarding supplier protection or face a formal investigation.
Tech billionaire Mark Pincus, has joined Democratic donors urging Biden to withdraw from the presidential race.
7-Eleven is giving out free Slurpees to support Children's Miracle Network Hospitals on its 97th birthday.
Donald Trump's legal team is seeking to overturn his conviction related to hush money payments.
The families of two construction workers killed in the Boise airport hangar collapse are suing several companies involved in the project, alleging reckless construction practices and the use of inappropriate materials.
JPMorgan Chase is reportedly striving to amass 15% of US consumer deposits and expand its credit card share.
Google DeepMind revealed that the company's Mountain View office now features a versatile robot, upgraded with the latest Gemini large language model
Hurricane Beryl is expected to cause approximately $2.7 billion in damages to US insurers, as estimated by catastrophe modeling firm Karen Clark & Co (KCC).
General Motors (GM) has secured a $500 million grant from the US Department of Energy to support the production of EVs at its Lansing Grand River Assembly plant.
