Tesla CEO Elon Musk is not yet done firing employees, just weeks after the company laid off at least 14,000 workers.
Sectors
Chegg Stock Plummets! Are Free AI Tools to Blame? Shares of Other Edtech Firms Also Crash
Shares of Chegg (CHGG) are experiencing a decline as the ed-tech company provided underwhelming second-quarter guidance due to increased competition in the AI sector, which is hindering its growth.
Microsoft's Investment in OpenAI Was Sparked by Fears of Google's AI Dominance: Report
Microsoft's decision to invest in OpenAI stemmed from concerns about lagging behind Google in AI capabilities
Samsung Profit Skyrockets After Forcing Execs to Follow 6-Day Work Week, Citing Uncertainties
Samsung Electronics revealed a remarkable surge in operating profits for the first quarter (Q1). People walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 5, 2024.
Walmart Shutters 51 Health Care Services, Ends Virtual Care Services in US Over Lack of Profits
Walmart called the decision to close its health clinics in five states and discontinue its virtual health service "difficult."
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Warner Bros. Discovery shares plummet 10% as NBCUniversal bids $2.5 billion for NBA broadcast rights.
This trend shows that Chinese people still want to be luxurious but are okay with secondhand goods. China's secondhand luxury shopping sector is booming, and sales continue to rise.
The Biden Administration could make a historic drug policy shift. The US government is allegedly reclassifying marijuana as a less dangerous drug. If this happens, the Biden Administration would be making a history shift in the nation's drug policy.
Nationwide and two more significant lenders in the U.K. decided to increase their rates on new fixed deal mortgages.
Eight US newspapers sue OpenAI and Microsoft, alleging copyright infringement and unfair competition in utilizing articles to train AI chatbots.
Inflation is causing distress among low-income Americans, reflected in reduced consumer spending and heightened price sensitivity, prompting concerns from major corporations like McDonald's.
Binance founder Changpeng Zhao will soon be sentenced. Will the billionaire serve prison time? [UPDATE]: The former chief executive of Binance, Changpeng Zhao, was sentenced on Tuesday, Apr.
A recent investigation has revealed that Tyson Foods has released 371 million pounds of toxic pollutants into US waterways, prompting calls for stricter regulations from environmental advocates and concerned citizens.
Virtus Solis, led by former SpaceX engineer John Bucknell, aims to use SpaceX's Starship for affordable space-based solar power, envisioning large solar arrays in orbit to provide constant energy to Earth by 2030.
