Industry

Elon Musk Vows to Restore Disney+ in Teslas if Disney Resumes Ads on X

Tesla Relies on Small Shareholders to Support Elon Musk's $56 Billion Pay Package

Tesla is looking to its small shareholder base to back Elon Musk's $56 billion pay package as major shareholders remain divided.


Volvo to Move EV Production to Belgium From China as EU Prepares to Impose Tariffs on Chinese EVs

Volvo has reportedly started moving production of EVs to Belgium in anticipation of the European Union's impending taxes on China-made cars.

Toyota's Market Value Plummets to Over $15 Billion After Falsified Safety Test Scandal

Toyota's stock price fell by over $15 billion last week after it admitted lying on safety certification tests.

Warren Buffett-Led Firm Berkshire Hathaway Buys 2.57 Million More Shares in Occidental Petroleum

The Warren Buffett-led conglomerate Berkshire Hathaway has acquired approximately 2.57 million shares of common stock in Occidental Petroleum.


Latest News

China’s Exports Surge 7.6% in May, Beating Expectations Despite US Trade Tensions
China's export growth picked up in May despite US trade tensions, according to customs data. China's export growth picked up in May faster than in over a year despite US trade tensions, according to customs data released on Friday, June 7.
Arexvy: GSK's RSV Vaccine Receives FDA Approval to Extend Its Use to High-Risk Adults in Their 50s
GSK has announced that the FDA has expanded the approval of its respiratory syncytial virus (RSV) vaccine, Arexvy, to those aged 50 to 59.
NASA Awards Over $10 Million to 7 Companies for Mars Sample Return Mission Studies
NASA has awarded seven companies a $1.5 million contract each to develop plans and strategies for the restored Mars Sample Return mission.
Elon Musk Withdraws Lawsuit Against OpenAI and CEO Sam Altman, Case Could Be Refiled
Tesla is objecting to a $5.6 billion legal fee requested by the legal team that voided Tesla CEO Elon Musk's $56 billion pay package.
Oil Giant BP's Former Boss Backs Labour Energy Policy, Calls for New North Sea Drilling Licenses To Be Halted
Oil giant BP's former boss, John Browne, seems to support a new Labour energy policy as he calls for the end of North Sea drilling licenses.
Bird Flu in Dairy Cows Reported for First Time in Minnesota
Minnesota has reported its first case of bird flu in dairy cows as the virus spreads across the US. Minnesota has reported its first case of bird flu in dairy cows as the virus spreads across the US.
Starbucks Partners With Grubhub for Coffee Deliveries in Select US Markets
Starbucks will partner with Grubhub to provide home delivery of its coffee and beverages in select US areas.
Elon Musk’s xAI Plans to Build 'World's Largest' Supercomputer in Memphis
Elon Musk's xAI has picked Memphis as the location for its planned creation of the biggest supercomputer in the world.
Samsung Electronics Union in South Korea Stages Walkout for Higher Salaries, Better Working Conditions
A Samsung Electronics union in South Korea protested over pay and working conditions on Friday when it staged its first-ever walkout.
Spaceflight Recap: Starship Makes Successful 4th Flight Test; Starliner’s Crewed Flight Test Docks to ISS
SpaceX’s Starship successfully completed its fourth flight test, making it one step closer to becoming useful for NASA’s Artemis program, while Boeing’s Starliner reached the International Space Station despite suffering multiple helium leaks.
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