Rivian agrees to a $250M settlement over alleged IPO price misrepresentation as it focuses on launching the R2 SUV.
Industry
Amazon to Lay Off 30,000 Corporate Employees as It Ramps Up AI and Automation Efforts
Amazon plans to lay off 30,000 corporate employees as it boosts AI and automation across its workforce.
Tesla Risks Losing Elon Musk as CEO Without $1 Trillion Compensation Plan, Chair Says
Tesla warns shareholders it may lose Elon Musk as CEO without approval of his $1 trillion pay plan.
Boeing Strike Continues Into Third Month as Workers Reject New Proposal
Boeing workers reject the latest contract offer, extending their strike into a third month over pay and benefits.
Apple Will Introduce Search Ads to Maps App Next Year, According to Analyst
Search ads may be coming to Apple Maps app by next year, according to an analyst's latest report.
Latest News
Boeing workers prepare to vote on a revised contract after nearly 80 days on strike, seeking better pay and benefits.
Target cuts 1,800 corporate jobs to streamline operations and boost sluggish sales.
Electronic Arts confirms its partnership with Stable Diffusion to develop games using generative AI. But how will AI be used here?
Netflix's Q3 earnings test the success of its big bets on ads and gaming as revenue and investor pressure grow.
Ticketmaster announces new anti-scalping measures, including account bans and shutting down TradeDesk, amid FTC lawsuit.
Amazon confirms AWS outage resolved after global internet disruptions affected major apps, schools, and services.
Glass Lewis urges Tesla shareholders to reject Elon Musk's $1 trillion pay package ahead of crucial November 6 vote.
South Korea and the U.S. make major progress in tariff talks, with hopes to finalize a trade deal by the APEC summit.
Winemaker Charles Smith warns that many American wines contain over 70 hidden ingredients and calls for full transparency in labeling.
