Oracle hires Hilary Maxson as CFO amid mass layoffs to guide a $50 billion AI investment strategy and manage workforce restructuring.
Industry
Ford Requests Temporary Relief From 25% Aluminum Tariffs After Novelis Fires
Ford requests temporary relief from 25% aluminum tariffs after Novelis fires disrupt U.S. vehicle production.
JPMorgan CEO Says High Taxes Could Drive Jobs and Residents Out of New York
JPMorgan CEO Jamie Dimon warns high taxes in New York City could drive businesses and workers to relocate to lower-cost areas.
Delta, Southwest Airlines Adjust Fees Amid Middle East Tensions and Rising Fuel Costs
Delta and Southwest Airlines raise checked bag fees as rising fuel costs tied to Middle East tensions impact the aviation industry.
Ford Recall Targets Over 422,000 Vehicles With Potential Wiper Arm Failure
Ford recalls over 422,000 vehicles in the U.S. due to faulty wiper arms that may fail and increase crash risk.
Latest News
OpenAI asks state officials to investigate Elon Musk over alleged anti-competitive actions ahead of a major AI trial.
Paramount secures $24B from Gulf funds to support its Warner Bros. deal as regulators review the major media merger.
A 9,000-gallon gasoline tanker erupted in flames near Fort Worth, Texas, after a collision and downed power lines left the driver in critical condition.
Hollywood writers reach a surprise four-year tentative deal with studios, addressing health care and AI protections after swift negotiations.
UPS and Teamsters reach a deal capping driver severance at 7,500 workers with $150,000 buyouts amid planned job cuts.
Telegram CEO Pavel Durov says Russia's digital restrictions caused mass payment failures, sparking public frustration and a surge in resistance.
OPEC+ plans a modest oil output increase for May despite Strait of Hormuz closure, signaling readiness to boost supply once disruptions ease.
Learn how Warren Buffett's Coca-Cola investment beat Pepsi and what it teaches about timing, patience, and smart investing.
Apple's leadership transition plans highlight key successors and challenges as the company prepares for life after Tim Cook.
