The FTC has voted in favor of a nationwide ban against noncompete agreements. The Federal Trade Commission (FTC) voted 3-2 on Tuesday to ban noncompete agreements, which companies use to prevent employees from working with competitors within the same industry.
Sectors
UK Satellite Engineering Company Signs $19.7 Million Deal With SpaceX for Starlink Constellations
Filtronic Plc and SpaceX announced a groundbreaking agreement. In a $19.7 million deal, Filtronic will supply crucial modules for SpaceX's Starlink constellations, while SpaceX will be granted the option to acquire up to a 10% stake in Filtronic.
Stellantis Plans to Lay Off Unspecified Number of Workers at US Factories in Coming Months
Stellantis plans to lay off an unspecified number of employees at its American plants in the coming months.
Google Delays the Removal of Ad Cookies in Chrome Browser Until 2025
Google has postponed its plan to remove third-party cookies from its Chrome browser until 2025. Google has postponed its plan to remove third-party cookies from its Chrome browser until 2025.
AI Rise to Boost Natural Gas Demand in Coming Years, New Report Shows
A surge in power use from AI-powered data centers is projected to substantially increase natural gas demand in the coming years, according to a new report.
Latest News
CEO Larry Ellison says Oracle will move its global headquarters to Nashville to be closer to the center of the healthcare industry
Donald Trump, who owns 60% of Trump Media with 78.75 million shares, will get the bonus because the stock stayed above $17.50 per share for 20 out of 30 days.
TikTok users is likely to find that the popular social media platform is either under new ownership or, but not immediately, totally banned in the US.
Counterpoint Research data shows Huawei's smartphone sales surged 69.7% in Q1, while Apple's iPhone sales fell 19.1%.
The facility was officially opened on Tuesday with a ribbon-cutting ceremony attended by Amazon officials and local leaders.
Korean entertainment powerhouse HYBE launches an audit into subsidiary label ADOR, following CEO Min Hee-jin's 18% ownership disclosure.
Apple has confirmed that it will host a highly anticipated event on May 7th, where it is expected to unveil updated versions of its popular iPad Pro and iPad Air models.
IBM is currently in negotiations to acquire HashiCorp, a prominent cloud software provider. The news sparked a 24% surge in HashiCorp's stock, pushing its market value to $6.1 billion.
In a strategic move just days before US Secretary of State Antony Blinken's scheduled visit to Beijing and Shanghai, China flaunted its nuclear capabilities, particularly its sea-based deterrent.
