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.


Latest News

Daniel Hume, a Queensland Health manager, successfully fought for full-time remote work, highlighting improved productivity and family life, with the Queensland Industrial Relations Commission ruling in his favor.
Panasonic Energy is considering a major investment in Kansas amid EV market concerns. The expansion will boost Tesla's 4680 battery production despite slowing demand.
Discussions about a potential TikTok sale prompted interest from tech giants like Microsoft, Meta, Apple, Google, and other companies.
China's decreasing EV demands are forcing EV makers to become more creative. Here are some of the most peculiar add-ons they now offer.
Vinyl records, boosted by Taylor Swift's album "1989 (Taylor's Version)," have reentered the UK's inflation calculations for the first time since 1992, reflecting a surge in sales.
Nvidia is facing a lawsuit filed by three authors alleging unauthorized use of their copyrighted works to train its NeMo AI platform.
Pfizer is shifting its focus from COVID-related products to cancer drugs. Pfizer is shifting its focus on cancer drugs as the pharmaceutical giant tries to recover from a challenging period due to the decline of its COVID-19 business.
The $100 billion free trade agreement will boost exports, investments, and job creation while removing most import tariffs on industrial products from the bloc.
US lawmakers are now scrutinizing the claims that SpaceX's Starlink service is being used in Russia.
A Google Cloud engineer has publicly protested the company's work for Israel's military, which resulted in his termination.
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