Industry
Elon Musk Slams FAA's Air Traffic Control Upgrade, Calls for SpaceX Takeover
Elon Musk urges the FAA to replace Verizon with SpaceX's Starlink for air traffic control, citing urgent safety concerns.
Lucid CEO Peter Rawlinson's Departure Marks New Chapter as EV Maker Eyes More Growth
Lucid CEO Peter Rawlinson steps down as the EV maker plans to double production, with Marc Winterhoff stepping in as interim leader.
Eli Lilly Announces Plans to Strengthen US Supply Chain with $27 Billion Manufacturing Plan
Eli Lilly invests $27 billion in U.S. manufacturing to boost drug production and strengthen the supply chain.
Jeff Bezos Announces Overhaul at Washington Post; Editorial Chief David Shipley Steps Down
Jeff Bezos announces a major overhaul at The Washington Post, prompting the departure of editorial chief David Shipley.
Latest News
Starbucks announces layoffs of 1,100 corporate workers and cuts 30% of its menu to streamline operations and boost sales.
Alibaba announces a $52 billion investment in AI and cloud computing over the next three years, aiming to lead China's tech race.
JetBlue is exploring new airline partnerships after its deals with Spirit and American Airlines were blocked by federal regulators.
Nikola files for Chapter 11 bankruptcy after struggling with cash flow, leadership changes, and market challenges.
February 28 Economic Blackout aims to send a powerful message as Americans halt spending for 24 hours to protest corporate rollbacks on DEI initiatives.
Denny's plans to close up to 178 locations by 2025 due to aging buildings and underperformance, surpassing initial closure targets.
The Washington Post rejected an anti-Elon Musk ad after initially approving it, sparking concerns over corporate influence and press independence.
Delta Flight 4819 crashes at Toronto Pearson Airport, with all 80 passengers safely evacuated and 19 treated for injuries.
Trump administration fires FDA staffers in a sweeping workforce reduction, raising concerns over food and medical safety.
Hermès is rewarding the hard work of its staff worldwide with bonuses, which has become a regular practice for the luxury fashion house.