Regulator Tells Amazon to Improve Treatment of Suppliers

Regulator Tells Amazon to Improve Treatment of Suppliers

The British Groceries Code Adjudicator demanded Amazon to take “swift and comprehensive action” to improve its compliance with industry regulations regarding supplier protection or face a formal investigation.


JPMorgan Chase Aims to Attract 15% of US Consumer Deposits, Expand Credit Card Share

JPMorgan Chase is reportedly striving to amass 15% of US consumer deposits and expand its credit card share.

Google DeepMind Unveils Upgraded Gemini-Powered Robot in Mountain View Office

Google DeepMind revealed that the company's Mountain View office now features a versatile robot, upgraded with the latest Gemini large language model

Hurricane Beryl-Related Damage May Cost US Insurers $2.7 Billion, KCC Says

Hurricane Beryl is expected to cause approximately $2.7 billion in damages to US insurers, as estimated by catastrophe modeling firm Karen Clark & Co (KCC).


Latest News

Tesla Executive Rich Otto Resigns, Takes Swipe at Elon Musk Saying Series of Layoffs ‘Hurt Morale’
Elon Musk's Tesla shares fell 8% after reports that it would delay its Robotaxi debut by two months.
Delta Draws Flak Over Social Media Post on Palestinian Flag Pins
Delta Airlines recently came under fire for its response to a social media post about its flight attendants wearing Palestinian flag pins.
Dollar General Agrees to $12 Million Fine, Promises Safer Work Environments
Dollar General has agreed to pay a $12 million fine and implement enhanced safety measures across its nationwide retail stores following a settlement with the US Department of Labor.
Elon Musk Vows to Restore Disney+ in Teslas if Disney Resumes Ads on X
Elon Musk promises to reinstate Disney+ in Tesla vehicles if Disney resumes advertising on his social media platform, X.
Elon Musk Offers Own Sperm to Colonize Mars --- Is It Possible?
The New York Times revealed that Elon Musk is intending to donate his own sperm to boost the colonization of Mars.
Biden Administration Grants $2 Billion to Boost EV Production Across Eight States
The United States government is providing approximately $2 billion in assistance to eleven car companies, including General Motors and Stellantis, aimed at bolstering electric vehicle production and expanding assembly facilities across eight states.
Grab's Trans-Cab Takeover Could Stifle Competition, Competition Watchdog Warns
The CCCS warns that Grab's proposed acquisition of Trans-cab could lead to unfair market dominance in Singapore's ride-hailing sector, reducing competition and boosting driver shortage.
Volkswagen to Mass-Produce Solid-State Batteries with QuantumScape Tech
Volkswagen is partnering with QuantumScape to develop solid-state batteries for future vehicles, aiming to enhance the energy storage capacity and safety of 1 million electric vehicles per year.
US Plans to Buy Up to 4.5 Million Barrels of Oil for Strategic Petroleum Reserve
The US Energy Department plans to buy up to 4.5 million barrels of oil to replenish the Strategic Petroleum Reserve (SPR).
Tesla Increases Model 3 Prices in Europe Over China EV Tariffs
Tesla has increased the price of its Model 3 cars in European countries like Germany, the Netherlands, and Spain.
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