Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.
Industry
Huy Fong Foods’ Sriracha Sauce Shortage Could Be on the Way — Here’s Why
A shortage of Huy Fong Foods’ Sriracha sauce could be on the way. Here’s why. Huy Fong Foods has suspended the manufacturing of Sriracha, a beloved chili sauce, after discovering that the supply of spicy peppers was inadequate due to the harsh climate.
'Cheap' Chevrolet Malibu to Be Phased Out by GM After 60 Years to Focus on Producing New EVs
General Motors said it will stop producing affordable Chevrolet Malibu cars later this year. The Chevrolet Malibu car is the final cheap sedan in General Motors' vehicle portfolio in the United States.
JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading
The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading.
Norway’s Oil Explorer Undergoes Final Checks Before Sailing to Barents Sea Oil Field
The Norwegian oil production tanker Johan Castberg is undergoing final checks before she sets sail for a Barents Sea oil field of the same name by Q4 2024.
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Kenyan sugar industry turmoil escalates as millers resist a court-ordered pay raise for farmers. A threatened shutdown risks 30,000 jobs and impacts market stability.
NIO partners with GAC Group to establish unified battery standard and advance EV charging solutions, aligning with previous collaborations to pioneer standardized EV technologies
Ted Christie pointed out the dominance of profits by a handful of major carriers like American Airlines, Delta Air Lines, United Airlines, and Southwest Airlines, who together hold 78% of US domestic airline seats.
Amazon unveiled Tuesday its first fleet of Volvo electric trucks, which will be used to get cargo at the country's busiest container seaport in Southern California.
The 400W double-glass solar panels feature red frames and have obtained general building approval from the German Institute for Building Technology (DIBt).
Meta, the parent company of Facebook and Instagram, revealed on Tuesday its plan to broaden its generative AI advertising tools offerings.
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business.
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles.
Elon Musk says Boeing has too many non-technical managers, criticizing the company while he continues to conduct Tesla layoffs.
