Industry

Ex-Home Depot CEO Slams Bidenomics, Claiming Joe Biden's Policy Missteps Could Create Wrecking Ball for Next US President

Ex-Home Depot CEO Slams Bidenomics, Claiming Joe Biden's Policy Missteps Could Create Wrecking Ball for Next US President

Ex-Home Depot CEO bashed Bidenomics. He claimed that Joe Biden's policy missteps could create a "wrecking ball" for the next U.S. president.


Volkswagen Door Flaw Leads to Mass Recall; US NHTSA Says Over 50,000 EVs Affected

Volkswagen's door flaw concerns the U.S. NHTSA. Because of this, over 50,000 EVs are estimated to be affected by the mass recall.

Red Lobster Goes Bankrupt After $20 Unlimited Shrimp Offer Backfires

Red Lobster has filed for Chapter 11 bankruptcy protection, citing high operational costs and an unprofitable unlimited shrimp promotion. It plans to transfer control to its lenders with $100 million in financing from Fortress Investment Group.

OpenAI CEO Sam Altman Is 'Embarrassed' Over Company's Threat to Revoke Equity if Exiting Employees Refuse to Sign NDA

OpenAI CEO Sam Altman has been embarrassed by the company's policy of threatening to revoke vested equity from exiting employees who refused to sign a non-disclosure and non-disparagement agreement.


Latest News

UK to Put Up Office in San Francisco to Address AI Risks
The UK is intensifying its efforts to assess and address AI risks by opening a new office in San Francisco.
Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About HIs Conduct
Joe Kiani, a billionaire and prominent megadonor to President Joe Biden, is facing being ousted as chairman of Masimo, the medical device company he founded.
Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers
Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers.
Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report
Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.
SWITZERLAND-DAVOS-SUMMIT-POLITICS-ECONOMY
The EU has sought for more information about Microsoft's risk report on its generative AI tools.
Detroit Hosts Annual North American International Auto Show
Will Tesla shareholders approve Elon Musk's $56 billion compensation package? DETROIT, MI - JANUARY 13: Elon Musk, co-founder and CEO of Tesla Motors, speaks at the 2015 Automotive News World Congress January 13, 2015 in Detroit, Michigan.
Apple May Release Slimmer iPhone by 2025 in 'Major Redesign'
There has been a speculation that Apple is developing a slimmer iPhone alongside its iPhone 17 by September 2025.
OpenAI Risk Team Disband Update: Former Leader Claims Company Neglects Safety To Favor 'Shiny Products'
After disbanding the OpenAI risk team, its former leader blasted the AI company. Here's what he said.
Cocoa Crisis Update: Tony's CEO Blames Long-Term Underpayment of Farmers for Worsening Shortages
The worsening cocoa crisis is making huge headlines across the world. Tony's CEO Douglas Lamont blames the long-term underpayment of farmers for the issue.
Boeing Supplier Spirit AeroSystems to Layoff Over 400 Workers Following Production Decline, Days After Whistleblower’s Sudden Death
Boeing Supplier Spirit AeroSystems to Layoff Over 400 Workers Following Production Decline, Days After Whistleblower’s Sudden Death
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