A Pennsylvania-based federal judge ruled to decline calls to block bans on noncompete agreements issued by the Federal Trade Commission, which was a divergence from an earlier decision at a Texas counterpart earlier this month.
Industry
Wiers Farm Recalls Produce Products Due To Potential Listerian Contamination
The produce products were distributed to Adi, Kroger, and Walmart stores in 17 US states. Wiers Farm, a major farm and food distributor based in Ohio, has recently expanded a recall of its produce products due to a potential listeria contamination.
Here’s How Much CrowdStrike’s Tech Outage Caused in Damages
Airlines were the hardest hit companies, $0.86 billion in total due to the outage. Insurers are now beginning to calculate the financial damage caused by CrowdStrike's faulty software update and the subsequent global tech outage, and the estimates currently surpass $1 billion.
Delta’s CEO Flew to Paris for the Olympics While His Company Is Under Federal Investigation: Report
Delta CEO Ed Bastian arrived in Paris on Wednesday morning as the airline struggled with a five-day meltdown that led to the cancellation of thousands of flights.
134-Year-Old Home Goods Retailer Conn’s Files for Bankruptcy, to Close Over 70 US Stores
The company said it had assets and liabilities worth between $1 billion to $10 billion. Conn's HomePlus, a 134-year-old retailer of furniture and electronics, has recently filed for bankruptcy and announced plans to close more than 70 stores nationwide.
Latest News
A whistleblower complaint accused OpenAI of preventing staffers from speaking to regulators about the potential risks of AI technology.
The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.
Elon Musk previously established a super PAC to help support Donald Trump's presidential campaign.
The self-driving car units are now in service in Metro Phoenix, San Francisco, Los Angeles, and Austin.
The startup said it will instead focus on reaching $1 billion in revenue before considering publicly selling its shares.
The investigation comes after the DOT received hundreds of complaints over Delta's "unacceptable customer service conditions."
After laying off employees and implementing price hikes, Spotify reported meeting a more-than-expected financial outlook in Q2 2024, with its stock up over 10% and a total revenue of $4.14 billion.
Biden and other Democrats have endorsed Harris as the party's potential presidential nominee for the 2024 election.
It was not immediately clear how many employees were affected by Microsoft's recent layoffs. Tech giant Microsoft has quietly laid off an entire internal team focused on diversity, equity, and inclusion (DEI)---making the company the latest corporation to ditch diversity-based initiatives.
