Industry

Tesla Stock Drops to An All-Time Low Of -29% in 2024 First Quarter Due to Increasing Chinese Competitors

Tesla's stock took a significant 29% dive in the first quarter of 2024, marking one of its toughest periods since 2022 amidst rising competition from Chinese rivals and disruptions in European markets.


Home Depot Makes $18.25 Billion Acquisition of SRS in Pro Sales Expansion

Home Depot announced its acquisition of SRS Distribution in a significant $18.25 billion deal. AUSTIN, TEXAS - FEBRUARY 20: The Home Depot store is seen on February 20, 2024 in Austin, Texas.

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.


Latest News

Sega of America's gaming workers secure landmark union contract with AEGIS-CWA, featuring pay raises, job protections, and credit commitments, setting a precedent in the industry labor rights movement.
China's President Xi Jinping met with more than a dozen American CEOs and academics on Wednesday in an effort to mend strained relations with the US.
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).
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.
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