Industry
UPS Set to Lay Off 12,000 Workers Citing Delivery Volume Slowdown
UPS is set to lay off 12,000 workers this year, attributing the decision to a notable slowdown in delivery volume.
Over 60,000 Entertainment Jobs in California Are Likely To Be Disrupted by AI - Study
A recent study predicts that around 62,000 entertainment jobs in California are likely to be disrupted by AI.
GOP Reps Want the US to Investigate Ford's Deal with Chinese Companies
GOP reps are urging the Biden administration to investigate Ford's deals with Chinese companies.
Elon Musk Says First Neuralink Human Patient Received Brain Implant, Wants Stephen Hawking-Alike to 'Communicate Faster Than an Auctioneer'
Elon Musk has revealed that his startup Neuralink has successfully carried out its first brain implant in a human patient.
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Bayer was ordered to pay $2.25 billion to a Pennsylvania man, who blamed his cancer on his exposure to the company's Roundup weedkiller.
Elon Musk's brain implant firm Neuralink was fined for violating US Department of Transportation (DOT) regulations on transporting hazardous materials.
A British oil tanker was reported to be engulfed in flames in the Gulf of Aden after Houthi rebels hit it with a missile on Friday after transiting the Red Sea.
Treasury Secretary Janet Yellen supported President Joe Biden's economic program, comparing it with that of former President Donald Trump.
LVMH head Bernard Arnault has proposed the appointment of his two sons to the company's board. Bernard Arnault, the head of the LVMH luxury goods conglomerate, disclosed on Wednesday that he has proposed the appointment of two more of his children to the company's board, a move to solidify his family's grip on Europe's most valuable firm.
Mining giants BHP, Vale, and their iron ore joint venture Samarco have been ordered to pay $9.67 billion in damages over a deadly dam collapse in Brazil.
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Employees at Woolworths have voiced their displeasure over the supermarket's controversial Australia Day stance.
Keppel DC REIT has faced a 16.1% to 4.332 cents decline in its distribution per unit (DPU) for the second half of the year.
Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs. Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs under the leadership of incoming CEO Michelle Gass, alongside a cautious fiscal outlook for the year, according to Reuters.