Industry

Walmart Founder's Son Rob Walton to Step Down From Board

Walmart Founder's Son Rob Walton to Step Down From Board

Walmart announced on Thursday that Rob Walton, the longest-serving member of its board, will step down from his position.


Honda to Spend $11 Billion to Build New EV Factories in Canada

Honda Motor is planning to invest $11 billion in Ontario, Canada, to build a comprehensive electric vehicle (EV) value chain.

Talking Plants? This Startup Could Help Plants Communicate With Farmers

This startup is helping plants talk! Here's how its technology could benefit the agriculture industry.

Seafood Chain Red Lobster Initiates Search for Buyer Amid Looming Bankruptcy Filing

Red Lobster seeks buyer to evade bankruptcy amid debts and losses—casual dining industry woes worsened by the pandemic.


Latest News

Elon Musk Condemns Apple’s OpenAI Agreement; Are His Concerns Valid?
Injury rates at SpaceX facilities remained higher above the industry average in 2023, according to an assessment of safety data submitted to US authorities by billionaire Elon Musk's space business.
Elon Musk's Tesla Expects to Incur Expenditures of Over $350 Million as Result of Mass Layoffs
Elon Musk's Tesla is poised to incur more than $350 million in expenses in the second quarter due to the mass layoffs that started last week.
solar
A group of US solar producers petitioned the federal government to put taxes on imports from four Southeast Asian countries, claiming they threaten the American market.
Hugo Boss Is Finally Leaving Russia After the German Fashion House Agrees to Sell Russian Business to Stockmann
German fashion house Hugo Boss announced Wednesday that it had agreed to sell its Russian operations to wholesale partner Stockmann, marking the end of its presence in Russia.
Amazon Top Aggregator Thrasio Loses CEO, 5 Other Senior Execs Following Bankruptcy Filing
Thrasio, a major aggregator of Amazon third-party sellers, is undergoing drastic leadership changes.
China Space Tourism: Tiangong Space Station Could Soon Host Tourists!
China's space tourism could soon happen as the government considers allowing the Tiangong space station to host tourists.
Stellantis Plans to Lay Off Unspecified Number of Workers at US Factories in Coming Months
Stellantis plans to lay off an unspecified number of employees at its American plants in the coming months.
AI Rise to Boost Natural Gas Demand in Coming Years, New Report Shows
A surge in power use from AI-powered data centers is projected to substantially increase natural gas demand in the coming years, according to a new report.
TikTok, ByteDance Spend Over $7 Million on Lobbying and Ads to Fight Potential US Ban
TikTok and its China-based parent company, ByteDance, have collectively spent over $7 million to counter its potential US ban.
FTC Votes in Favor of Ban Against Noncompete Agreements That Prevent Employees From Working for Competitors
The FTC has voted in favor of a nationwide ban against noncompete agreements. The Federal Trade Commission (FTC) voted 3-2 on Tuesday to ban noncompete agreements, which companies use to prevent employees from working with competitors within the same industry.
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