Industry

Donald Trump

Trump Postpones Signing of Plans Establishing Voluntary Review Process for AI Because He 'Didn't Like Certain Aspects'

President Trump delays signing an AI executive order creating a voluntary federal review process for advanced systems, citing concerns about overregulation and maintaining U.S. technological leadership.


Walmart Warns About Possible Price Hikes If Fuel Costs Do Not Come Down Soon

Walmart warns it may raise prices if fuel costs stay high, as rising transportation and energy expenses squeeze profits and pressure consumers already facing higher living costs.

Meta Claims Layoffs Are Part of 'Continued Effort' To Run Operations More Efficiently in Email to Thousands of Affected Employees

Meta notified thousands of employees on May 20 that they were laid off to improve efficiency, representing 10% of the workforce, with no additional company-wide cuts expected in 2026.

More Companies Looking To Slash Junior Roles in Shift Driven by AI Assistants, Survey Finds

Survey finds over 40% of companies plan to cut junior roles as AI assistants automate routine tasks, reshaping entry-level hiring, required skills and early career paths.


Latest News

Potato Chip Recall Issued for Zapp’s and Dirty Brands Due
Zapp's and Dirty potato chips are recalled nationwide over possible salmonella risk linked to a seasoning ingredient.
Subway Names Ex-Burger King Leader CEO in Post-Acquisition Shakeup
Subway closed 729 U.S. locations in 2025 as McDonald's gains ground, intensifying competition in the fast-food market.
Trump Administration Fires FDA Staffers in Sweeping Workforce Reduction
The FDA has approved fruit-flavored e-cigarettes for adult smokers, sparking debate over youth vaping risks and public health concerns.
Spirit Airlines Staff at Florida Airport Filmed Cursing a 'Karen' Passenger After Moaning About Her Flight
A Spirit Airlines pilot delivered an emotional farewell to passengers after the sudden shutdown of the airline following failed bailout efforts
Purdue Pharma Faces $5.5B Criminal Sentence for Deceiving Regulators and
Purdue Pharma has been sentenced to pay $5.5 billion after pleading guilty to deceiving regulators and fueling the US opioid crisis through aggressive and illegal opioid sales practices.
JBS Faces Lawsuit in Brazil Over Beef Linked to Forced
Brazil's labor prosecutors have sued JBS over claims it bought cattle linked to forced labor, raising major concerns about supply chain oversight in the country's beef industry.
US-AUTOMOTIVE-FORD
Ford Motor Company expects a $1.3 billion tariff refund after a Supreme Court ruling, boosting profits despite ongoing trade cost pressures.
Elon Musk’s Historic Pay Deal Faces Fierce Pushback From Shareholders
Elon Musk accused Sam Altman of a "bait and switch" over OpenAI's direction during a heated court trial in California, escalating tensions in the high-stakes legal battle.
Spirit Airlines Offers Early Departure Packages to Salaried Employees: Here's Why
Spirit Airlines faces possible collapse as $500 million bailout talks stall, with creditors blocking a key government rescue plan.
American Airlines Offers $4.2 Billion in Pay Increase for Flight Attendants to Avoid Strike
American Airlines limits power banks to two per passenger and requires visibility on flights to reduce lithium battery fire risks.
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