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...
Tesla’s stock continued to rally after the electric vehicle-maker reported better-than-expected deliveries for the second quarter of 2024. Read more...
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
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
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.
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...
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...
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...