Industry

Elon Musk's X Sued by Its San Francisco HQ Landlord for $13.6 Million, While SpaceX Fined After a Worker Accident

Elon Musk's X Sued by Its San Francisco HQ Landlord for $13.6 Million, While SpaceX Fined After a Worker Accident

Elon Musk's X, formerly known as Twitter, is facing a lawsuit from the landlord of its San Francisco headquarters who seeks $13.6 million to refill a line of credit after the company allegedly failed to pay rent.


Joe Biden Keeps Donald Trump's China Tariffs Despite Clashing on Many Policy Issues: Here's Why

President Joe Biden has retained the tariffs on imports from China that were imposed during the administration of former President Donald Trump.

LG Chem Signs Deal With GM to Build $3 Billion EV Battery Cathode Factory — The Largest of Its Kind in the US

LG Chem has entered into an agreement with General Motors (GM), which includes a plan to build a massive battery cathode factory in Tennessee.

Joe Biden Calls on Snack Companies to 'Put a Stop' to Shrinkflation Ahead of Super Bowl

President Joe Biden has voiced his concern over "shrinkflation," a business practice that involves cutting product sizes while keeping prices the same.


Latest News

Unilever Unveils New $1.6 Billion Share Buyback Plan After Sales Volumes Rise
Unilever has unveiled a 1.5 billion euro ($1.6 billion) share buyback program for 2024 following an increase in sales volumes for the first time in 10 quarters.
Tesla Job Cuts Feared After Elon Musk's Firm Asks Managers Which Roles Are Most Important
Speculation about potential layoffs at Tesla has surfaced following a report that the electric vehicle maker instructed managers to identify critical roles on their team.
KFC-Parent Yum Brands Sales Miss Wall Street Expectations Amid Cautious US Consumer Spending, Middle East Conflict
Yum Brands, the parent company of fast-food brand KFC, reported lower-than-expected quarterly sales on Wednesday.
Disney Invests $1.5 Billion in ‘Fortnite’ Video Game Maker Epic Games
Disney is investing $1.5 billion in Epic Games, its biggest venture yet in the gaming industry. Disney announced on Wednesday that it will invest $1. 5 billion in Epic Games, marking its largest venture into the gaming industry to date.
Houthi Rebels Fired at 2 Commercial Ships in Red Sea Days After US, UK Hit Dozens of Houthi Targets in Yemen
The Iranian-backed Houthi rebels fired missiles at two commercial vessels in the Red Sea on Tuesday, the first attacks since the US and UK launched strikes against dozens of Houthi targets in Yemen over the weekend.
Taiwan Chip Giant TSMC to Build Second Japan Factory, With Sony and Toyota Also Investing in the Venture
Taiwan Semiconductor Manufacturing Co. (TSMC) has announced its plan to establish a second manufacturing plant in Japan, with support from tech giant Sony and carmaker Toyota.
ESPN, Fox, and Warner Bros. Discovery Team up for New Sports Streaming Service
Walt Disney's ESPN, Fox, and Warner Bros. Discovery have announced plans to collaborate on a new sports streaming service.
New Wind Farm in Oklahoma to Power Thousands of  Homes
Oklahoma will bear witness to a new wind farm that will supply around 40,000 households with clean energy.
McDonald's 'Best Burgers,' the Improved Versions of the Chain's Famous Burgers, Are Now Available Nationwide
McDonald's has rolled out its "Best Burgers" in all locations across the US. McDonald's has rolled out the upgraded version of its famous burgers in all locations across the United States (US), aiming to enhance customers' overall eating experience through what it calls the "Best Burger" initiative.
Philippines' Meralco Sees an Increase in Electricity Bills This February
Electricity consumers in the Philippines may face another increase this February, according to Meralco.
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