Sectors
Hyundai, Kia Unit Allegedly Repossessed Cars From Military Personnel Illegally; Financial Arm to Settle Charges
A Hyundai and Kia unit was accused of illegally repossessing cars from military service members. The financial unit now wants to settle charges.
Xbox Game Studios Faces Further Job Cuts As Microsoft's Restructuring Continues
Microsoft's Xbox division is preparing for further job cuts to align with ongoing restructuring efforts to optimize its gaming subsidiaries following massive acquisitions and cost-cutting initiatives.
Biden Admin's Anti-Credit Card Junk Fee Regulation Could Face Last-Minute Freeze, Here's Why
The Biden Admin's anti-credit card junk fee regulation could be frozen at the last minute. Will USCOC's request be accepted?
Roblox Shares Dip Sharply Due to Lower Spending and Intensifying Competition
Roblox's second-quarter bookings fell short, with shares dropping nearly 20% and revenue missing expectations at $780.7 million compared to the anticipated $784.9 million.
Latest News
A shortage of Huy Fong Foods’ Sriracha sauce could be on the way. Here’s why. Huy Fong Foods has suspended the manufacturing of Sriracha, a beloved chili sauce, after discovering that the supply of spicy peppers was inadequate due to the harsh climate.
A major American supermarket has requested customers to voluntarily return several cheese spreads due to concerns over salmonella contamination.
General Motors said it will stop producing affordable Chevrolet Malibu cars later this year. The Chevrolet Malibu car is the final cheap sedan in General Motors' vehicle portfolio in the United States.
Major healthcare nonprofit Ascension said a cyberattack had interrupted its "clinical operations," prompting it to take measures to limit any impact on patient care.
President Joe Biden has touted Microsoft's $3.3 billion investment plan to build a new AI data center in Wisconsin, contrasting it with the unfulfilled Foxconn deal negotiated during Donald Trump's presidency.
Air India Express fired at least 30 cabin crew members a day after more than 300 staff called in sick to skip work and then turned off their phones.
The plan, pending court approval, details that almost all customers will be reimbursed the funds they are owed, with some receiving amounts exceeding their original claims.
A bread manufacturer in Japan has recalled 104,000 packs of sliced bread after two of them were found to contain rat parts.
The main addition to Amazon Prime Video will be "pause ads," which will display when viewers pause content on the platform by pressing the pause button.
President Joe Biden has reaffirmed his belief that the US economy is on an upswing despite widespread criticism of his economic policies.

















