Tesla CEO Elon Musk battles OpenAI in court, challenging its shift from a nonprofit to a for-profit entity.
Industry
Amazon Poised to Overtake Walmart in Revenue, Narrowing the Gap in Retail Giants' Battle
Amazon's Cloud Business and Online Growth Propel Its Success, but Experts Warn of Future Challenges.
LG Recalls Half a Million Ranges Following Dangerous Fires and Safety Concerns
LG recalls 500,000 ranges due to safety concerns after fires, injuries, and pet deaths from accidentally activated knobs.
Wegovy Maker Novo Nordisk Dismisses Fears of Falling Behind Eli Lilly, Sees Strong Growth Ahead
Novo Nordisk reassures investors with strong growth forecasts, rising GLP-1 drug demand, and promising new treatments despite market challenges.
Elon Musk's X Debt Gets Trimmed as Banks Sell $5.5 Billion to Investors
Banks have sold $5.5 billion of debt linked to Elon Musk's X, reducing financial strain as investor confidence grows despite challenges.
Latest News
US job growth is expected to slow in December with 160,000 new jobs, only led by the healthcare and government sectors, while unemployment remains steady at 4.2%.
Oil prices remain high, supported by colder weather and geopolitical factors, with Brent at $76.73 and WTI at $74.19, as demand rises and sanctions tighten supply.
The International Longshoremen's Association is threatening a strike on January 15 over automation and pay disparity, seeking fair compensation despite a proposed wage hike.
Delta Air Lines led North America in punctuality for 2024 with 83.46% on-time arrivals, marking its fourth consecutive year of operational excellence.
Following recent crashes, the FAA urges Boeing to prioritize safety and quality over profits, demanding a cultural shift for improvement.
Nike CEO Elliott Hill outlined a recovery plan to address declining revenue and profit by refocusing on sports, repairing wholesale relationships, and reducing heavy promotions.
Bitcoin's rise to $107,000 has led luxury brands like Printemps and S.T. Dupont to adopt cryptocurrency payments to attract younger, tech-savvy consumers.
Global M&A deal values hit $3.1 trillion in 2024, driven by low interest rates and post-pandemic recovery, with Trump's potential policies sparking both hope and uncertainty.
Bitcoin reached a new high above $106,000 as investors anticipate a Federal Reserve interest rate cut, with Ethereum and the broader crypto market also seeing gains.
