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Business
Despite Scandals, Toyota Retains Position as Global Top-Selling Automaker
Toyota retained its position as the world's leading automaker for the fourth consecutive year, with global sales including its Daihatsu and Hino Motors units rising 7.2% to a record …
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Monitoring China’s AI Ambitions: U.S. Considering Mandate for Cloud Platforms to Disclose…
US-based infrastructure-as-a-service (IaaS) providers may soon face enhanced know-your-customer (KYC) requirements to prevent foreign entities from leveraging their infrastructure for…
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Tech Job Cuts Set to Surpass Last Year’s Numbers Following Another Challenging Week
The tech sector is facing concerns as unemployment rises across the sector, raising concerns about the extent of potential layoffs this year compared to last year.
In a turn of events,…
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Spirit Airlines Stock Plummets Following JetBlue’s Warning of Possible Merger Termination
Shares of Spirit Airlines Inc. tumbled Friday after JetBlue Airways issued a warning that it might cut its merger plans.
JetBlue Airways disclosed in its 8-K filing with the Securities…
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Leadership Changes at JPMorgan Chase Amid Prolonged Succession Race for Jamie Dimon’s Position
JPMorgan on Thursday announced major changes affecting key players in the race to replace Chief Executive Jamie Dimon.
Jennifer Piepszak, former head of consumer banking at JPMorgan…
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Tesla’s Market Value Dips by $73 Billion as Shares Plummet Following Disappointing Earnings…
Tesla suffered a major setback on Thursday, with its shares falling as much as 11 percent after the market opened, costing the company $73 billion in market value. The decline comes…
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Netflix Surpasses Revenue Expectations and Achieves a Membership Surge with the Addition of 13.1…
In Hollywood's ongoing battle for ratings and advertising revenue, Netflix is the undisputed leader. Netflix is one of the few major streaming services still turning a profit…
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United Airlines Anticipates First-Quarter Loss Amidst Boeing 737 Max 9 Grounding
United Airlines expects to report a loss in the first quarter due to the Federal Aviation Administration (FAA) grounding of its Boeing 737 Max 9 aircraft. The decision comes after an…
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New Safety Alert Emerges for Earlier Generation of Boeing 737s
The US Federal Aviation Administration (FAA) has issued a safety warning urging airlines to check door stoppers on Boeing 737-900ER planes following an incident where one exploded on an…
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Sony’s $10 Billion Media Deal in India Terminates Amidst Unpleasant Separation
In a stunning twist, Sony Group ( SONY ) has officially closed its proposed merger with Mumbai-based Zee Entertainment, bringing to a close a high-stakes acquisition story in one of the…
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