Boeing faces increasing losses as the ongoing machinist strike extends into its fifth week, causing workforce cuts as the production delays.
Firm Management
Netflix Likely to Raise Prices in the US After Ad-Supported Tier's Success in Driving 50% of New Subscribers
Netflix's ad-supported tier boosted subscriber growth, increasing market value by $18 billion and shares by 6%.
Meta Fires Employees for Misusing Meal Vouchers on Non-Food Items, Like Toothpaste
Meta reportedly fired employees for misusing meal vouchers intended for food purchases, with some using them to buy items like toothpaste.
Nestlé Reports US Voter Anxiety Translated Into Consumer Buying Patterns Ahead of Election
Nestlé's organic sales fell by 0.3% or $21.42 billion, driven by consumer anxiety over the upcoming US presidential election, which affected spending habits.
Google Signs Historic Agreement to Power AI Data Centers With Small Nuclear Reactors by 2030
Google has partnered with Kairos Power to deploy small nuclear reactors for its AI data centers, aiming to bring the first reactor online by 2030.
Latest News
Monzo's valuation reaches $5.9 billion, allowing employees to sell shares through a secondary market sale as a reward for their contributions and to offer them liquidity.
The US government is pursuing a breakup of Google due to its illegal monopoly in the search engine market, aiming to promote competition.
American Airlines is using machine learning to speed up gate allocation, reducing taxi times and fuel usage by analyzing real-time flight data.
Amazon plans to hire 250,000 seasonal workers for the holiday rush as e-commerce sales are expected to soar.
The U.S. added two Chinese firms, a steel manufacturer and an artificial sweetener maker, to its Uyghur forced labor blacklist, bringing the total to 75 companies.
Mining giant Fortescue rejects the "fantasy" of net zero by 2050, instead aiming for "real zero" by 2040, urging immediate action to reduce carbon emissions and stop burning fossil fuels.
Boeing faces another safety concerns as the NTSB warns that over 40 foreign operators may be using 737 aircraft with potentially faulty rudder components, raising fears of loss of control.
Mastercard plans to simplify subscription management by acquiring Minna Technologies, aiming to enhance consumer experience.
A chemical plant fire in Georgia has forced over 90,000 residents and businesses to shelter in place, with the EPA detecting chlorine in the air.
