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.
Industry
Elon Musk's Tesla Eyes Southeast Asia Expansion as China's BYD Pulls Ahead
Tesla is eyeing to expand in Southeast Asia to tap into the region's fast-growing electric vehicle (EV) market, where the US automaker faces competition from China's BYD.
General Motors Appoints Ex-Tesla, Google Exec as New Head of Manufacturing
General Motors appoints an ex-Tesla and Google executive to be the new head of manufacturing. General Motors (GM) announced Tuesday that Gerald Johnson, the long-time executive vice president of the company's Global Manufacturing and Sustainability, will retire after a 44-year tenure.
Berkshire Hathaway's Brooks Running Longtime CEO Jim Weber Is Stepping Down After More Than 20 Years
After more than two decades, Jim Weber, the longtime CEO of Berkshire Hathaway's Brooks Running Company, is stepping down.
Microsoft Collaborates With Healthcare Institutions To Apply And Improve AI Solutions in Medicine
Microsoft collaborates with Stanford Medicine to introduce Nuance Dragon Ambient eXperience Copilot (DAX Copilot), an AI tool that simplifies paperwork for doctors and improves patient care, addressing burnout concerns in healthcare.
Latest News
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.
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.
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.
The US is anticipated to intensify restrictions on China amid a potential TikTok ban in the country.
Donald Trump Thinks TikTok Ban Will Give Facebook More Power, Condemning it as 'Enemy of the People'
Unlike Biden, Trump opposes the TikTok ban for fear of giving Meta's Facebook platform more power after highlighting it as a major player in politics.
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.
