China's BYD, backed by Warren Buffett's Berkshire Hathaway, has announced a profit increase of over 80% in its first set of annual earnings after stealing Tesla's crown as the world's top seller of electric vehicles (EVs).
Industry
Elon Musk's X Reportedly Testing 'Adult Content' Groups Without Age Verification Protocol
Elon Musk’s X, formerly Twitter, is testing a feature for users to create or join groups for "adult content," potentially without age verification, amid growing concerns about online safety for children.
Disney, Florida Gov. Ron DeSantis' Allies Settle Lawsuit Over Disney World Special District, Ending Feud Over 'Don't Say Gay' Law
Disney and Florida Governor Ron DeSantis' camp has reached a settlement to end a lawsuit in state court over who controls the special district that includes the Walt Disney World theme parks in Orlando.
Amazon Skips Cash Pay Hikes for Senior Employees This Year
Amazon announced on Wednesday that its senior employees will not get a cash pay raise this year. Amazon revealed on Wednesday that its senior employees, whose compensation predominantly comprises stock-related awards, will not get a cash pay raise this year.
Visa, Mastercard Agree to Reduce Swipe Fees in $30 Billion Landmark Settlement
Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.
Latest News
The US and South Korea have set up a new task force to prevent North Korea from obtaining illegal oil.
Merck has received approval from the Food and Drug Administration (FDA) for its new drug, Winrevair, designed to treat a rare and deadly lung condition.
Recently revealed court documents claim that Meta had a covert operation called 'Project Ghostbusters' aimed at spying on Snapchat.
Shipping Giant Maersk held itself accountable for the vessel 'DALI' involved in the Francis Scott Key Bridge collision in Baltimore, which resulted in a collapse, rescue operations, and a state of emergency.
Elon Musk's Starlink terminals are reportedly falling into the wrong hands as they become targets for a flourishing black market trade worldwide.
The Ukrainian government is investing in its military industry to boost homemade ammunition and weapons amid conflict with Russia.
Dell revealed in a filing that it has reduced its workforce as part of its broader strategy to cut expenses.
Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
Disney investor Nelson Peltz has criticized the company for its "woke" approach, particularly questioning Marvel's "Black Panther" and "The Marvels" films.
