Walmart has ended its partnership with Capital One, the issuer of its consumer credit cards, following a legal dispute over service delays, with existing cardholders unaffected and a search for a new banking partner underway.
Firm Management
American Airlines Shares Drop—Is CCO Departure to Blame?
American Airlines shares drastically dropped. Is the departure of its CCO to blame? Here are the latest details you need to know.
News Corp Australia Begins Restructuring After Signing Deal with OpenAI
News Corporation’s Australian division began purging its middle management staff as a result of the deal it struck with OpenAI.
American Airlines Revises Outlook as Commercial Chief Makes Unexpected Exit
American Airlines cut its second-quarter revenue forecasts and announced chief commercial officer Vasu Raja's departure.
FTC Lists Down Top Scammer-Impersonated Companies—Best Buy Tops the List
FTC listed down the top scammer-impersonated companies. Best Buy tops the list with the most scam impersonators.
Latest News
Following a recent incident of severe turbulence on a Singapore Airlines flight, the airline has made updates to its in-flight policies.
Elon Musk's X is considering a major update that could alter how users engage with its content: hiding likes by default.
Samsung's latest high bandwidth memory chips have failed Nvidia's AI processor tests due to heat and power consumption issues, affecting both current HBM3 and upcoming HBM3E models.
DuPont announced that it was splitting itself into three companies in the span of 18 to 24 months, with its electronics and water businesses becoming its own separate entity.
NewsCorp and OpenAI have signed an agreement allowing the tech startup to access the content from the media conglomerate’s news sites.
Nissan has decided to delay its plan to build new EVs at its factory in Canton, Mississippi. Nissan has decided to delay its plan to build new electric vehicles (EVs) at its factory in Canton, Mississippi, since EV sales are increasing slower than anticipated.
Disney's Pixar has announced the layoff of 14% of its workforce, with President Jim Morris informing 175 employees of their termination following multiple box office failures and amid accusations that the company's parent has "gone woke."
Telstra announced that it will cut 2,800 jobs by the end of 2024, especially products and services in its enterprise business.
Elon Musk has completed the rebranding of Twitter, the social media platform he owns, as its website name or URL officially changes to X.com.
