Industry
UniCredit Increases Bonus Pool to $140 Million for Top Executives After Record Profits
The 12% increase in employee bonuses followed a year of exceptional financial performance, during which time approximately €128 million ($140 million USD) was allocated for bonuses.
Southwest and United Airlines Heavily Affected By Boeing Delivery Delays
Southwest Airlines adjusts its 2024 operational and financial plans with revised revenue growth forecasts, while United Airlines also halts pilot hiring amidst industry-wide concerns over Boeing's quality control crisis.
Tesla Autopilot Feature Flagged As Concerning By Safety Groups
The Insurance Institute for Highway Safety (IIHS) recently assessed advanced driver assistance systems like Tesla Autopilot, with 11 out of 14 systems receiving a "poor" rating, prompting the need for standardized safety measures.
Apple To Invest $139 Million in Shenzhen Lab, China To Boost Product Development
The new Apple Shenzhen laboratory will improve the testing and research of devices like iPhones and iPads in China as part of its efforts to boost product quality amidst declining sales in the region.




