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Luxury Stocks Report Record High Decline as Consumers Hesitate to Spend Due to Inflation

Luxury brands like Chanel, Hermes, and Louis Vuitton reported a record-high stock decline as consumers hesitate to spend more due to rising prices caused by inflation.


Louisiana to Categorize Abortion Pills as Dangerous Controlled Substances—What to Know About New Bill

Louisiana is now aiming to categorize some abortion pills as dangerous controlled substances. The House has already passed the new bill.

Nissan Postpones Plan to Build New EVs at Mississippi Factory Amid Sluggish Sales Growth

Nissan has decided to delay its plan to build new EVs at its factory in Canton, Mississippi. Nissan has decided to delay its plan to build new electric vehicles (EVs) at its factory in Canton, Mississippi, since EV sales are increasing slower than anticipated.

Elon Musk Confirms Threat to Tesla Shareholders That He'll Take AI, Robotics Stuff Away Unless He Gets More Voting Control

Elon Musk has confirmed his threat to Tesla shareholders that he will take AI and robotics products away from the company unless his demand for 25% ownership is met.


Latest News

Elvis Presley's Granddaughter Riley Keough 'Traumatized' as She Fights Sale of Iconic Graceland at Foreclosure Auction
Elvis Presley's granddaughter Riley Keough is reportedly "traumatized" by the idea of the Rock n' Roll legend's Graceland estate in Tennessee being auctioned off and sold to a "random stranger."
Russian President Vladimir Putin's Deadly Space Weapon Capable of Destroying Satellites Now Targeting US Tech, Pentagon Warns
The Pentagon is alarmed as Vladimir Putin's newly launched satellite-killer weapon is reportedly tracking US technology in orbit, posing a significant threat to American space assets.
Nestle to Launch Weight Management Food Products Targeting Ozempic, Wegovy Users in Q4 2024
Nestle announced that they would be launching its ‘Vital Pursuit’ food line by Q4 2024, which would target those using the semaglutide drugs Ozempic and Wegovy.
Donald Trump Decides Not to Take the Witness Stand in Hush Money Case, Leaving His Fate up to the Jury
Former President Donald Trump has chosen not to testify in his criminal hush money trial on Tuesday, swiftly bringing his defense to a conclusion and setting the stage for jury deliberations next week.
Disney to Lay Off Nearly 175 Pixar Workers Following Box Office Disappointments and 'Woke' Controversy
Disney's Pixar has announced the layoff of 14% of its workforce, with President Jim Morris informing 175 employees of their termination following multiple box office failures and amid accusations that the company's parent has "gone woke."
TikTok Launches $1 Million Program for Socially Driven Creators Amid Potential US Ban
TikTok has launched a $1 million program for socially driven creators amid a potential ban in the US.
US Airlines Call for Government's Swift Action to Address Air Traffic Controller Shortage; FAA Strikes Back
US airlines has called on the government to address the shortage of air traffic controllers ahead of the summer travel season.
Tesla Shareholders Oppose Elon Musk Pay Package, Say CEO Lacks Strong Leadership for Being Busy to Other Businesses
Investors are clashing over Elon Musk's $56 billion pay package, arguing it is not in Tesla's best interest as the company faces declining sales, slowing EV demand, and a 30% drop in stock price.
A BMJ study found electric vehicles are three times more likely to hit urban pedestrians and twice as likely in rural areas compared to petrol or diesel cars.
Macy's Announces Corporate Layoffs And The Closing Of 5 Stores
Macy's increases profit forecast despite cautious consumer spending, driven by successful turnaround plan under CEO Tony Spring.
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