Now that we’re halfway through the year, automakers are slowly trickling out Q2 2024 sales results , which always results in goodies and interesting tidbits to be found. EV sales are up at multiple brands like BMW, Hyundai and GM, for instance. But it’s not all good news — just
Tesla has had a rough couple of weeks with its flagship Cybertruck causing all kinds of headaches, sales of its cars slowing and the automaker facing a relentless fight to justify the $56 billion payout it wants to give big boss Elon Musk. Now, despite its struggles, the
America’s automakers are out shouting about their latest sales figures this week after the second quarter of the year drew to a close last weekend. Sales of light vehicles across America dipped by a single percent during the three-month period as a computer outage hit America’s
Crypto-friendly bank Silvergate Capital, which closed its operations last year due to the collapse of FTX , failed to monitor over $1 trillion in crypto transactions, according to a complaint filed by the SEC . Silvergate Capital has agreed to pay $63 million to settle
Panera Bread’s founder and former chief executive officer Ron Shaich is now a billionaire , according to the Bloomberg Billionaires Index . Read more...
Skydance Media has reportedly reached a preliminary agreement to buy National Amusements, after merger talks broke down last month . Read more...
Tesla’s stock continued to rally after the electric vehicle-maker reported better-than-expected deliveries for the second quarter of 2024. Read more...
Owners of adjacent waterways or even members of the public could now bring action over sewage pollution.
The country says the policy will help boost economic growth.
Turbulence can be a scary thing on an airplane. A flight from London to Singapore recently saw one passenger die and dozens of others get injured. Zooming out, the turbulence tracking site Turbli went over its weather-based data and parsed the quakiest routes the world over for
While 2023 was a year of first introductions, testing, and many, many blunders for AI chatbots and other tools, 2024 has seen the release of AI tools of growing sophistication and wider adoption. Big tech companies like Google and Microsoft are upping their game. Startups like
Even America’s coveted “ Big Day ” can’t escape the jab of pesky inflation . Read more...
Summer is here – and so are the cheap food deals . Read more...
Boeing is reeling after a door plug fell off one of its 737 Max 9 planes mid-flight this January. Investigators from the Federal Aviation Administration and the National Transportation Safety Board are breathing down its neck. The Justice Department is weighing criminal charges
Big restaurant chains aren’t fairing too well in the inflation economy . Read more...
Bob's Stores will liquidate its inventory at its 21 locations throughout Connecticut, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island after filing for Chapter 11 bankruptcy.
The media heiress reached a preliminary agreement to sell her controlling stake in Paramount Global to Skydance Media – just weeks after she walked away from a deal between the two sides, according to multiple reports Tuesday.
The two tech firms were among the first to see the commercial potential of AI.
Stocks notched a new record in mid-May, with the Dow Jones Industrial Average topping 40,000 for the first time ever, but they have since fallen from those highs.
Google had a goal to rein in its carbon emissions to net-zero by the year 2030, but artificial intelligence is throwing a huge, energy-intensive wrench into that. Read more...
The commission said the acquisition could hike prices for consumers, take out competitors and cut jobs at rival mattress companies.
Scott Mills is teaming up with Chinh Chu, the head of CC Capital, in a bid for BET, according to Bloomberg News.
Walmart has been shopping around a possible sale of its already shuttered health centers with potential buyers, Fortune first reported, citing numerous individuals with knowledge of the situation. Read more...
Dips in apartment list prices and high rents are pushing Manhattanites to buy.
In an effort to quell fears about his troubling debate performance, President Joe Biden’s reelection campaign announced its June fundraising total early on Tuesday, saying it raised $127 million last month in tandem with the Democratic Party. Read more...
“I feel like I have been deceived,” Whitney Tilson said. “Biden and the people around him have been deceiving the American people.
"New York City's strict regulations on short-term rentals have significantly reduced the number of legal listings."
