Nike is cutting 775 U.S. distribution center jobs to boost automation and streamline operations.
Industry
Elon Musk's xAI Gets $2 Billion Boost From Tesla as Cybercab Production Looms
Tesla invests $2 billion in Elon Musk's xAI as Cybercab robotaxi production gears up for 2026.
Volkswagen Issues Recall for 44,000 Vehicles Over Overheating Battery Concern
Volkswagen recalls over 44,000 ID.4 SUVs due to overheating battery risks, offering free repairs and safety updates.
UPS Plans Major Workforce Reduction, CFO Says Up to 30,000 Jobs Affected
UPS says it may cut up to 30,000 jobs as it trims costs, closes facilities, and reduces Amazon deliveries.
MSC Group Strengthens U.S. Presence With New Miami Cruise Headquarters
MSC Group opens a $100 million Miami headquarters, expanding U.S. cruise operations and creating thousands of new jobs.
Latest News
Apple and Google will pay $163M to settle lawsuits over devices secretly recording users' conversations.
FDA testing links unopened ByHeart formula to contaminated whole milk powder in botulism outbreak affecting babies.
Hermès closed a chapter in Paris as menswear creative director Véronique Nichanian presented her final collection after 37 years at the house.
Trump threatens 100% tariffs on Canada over its China trade deal, escalating tensions with Prime Minister Carney.
Airbus CEO Guillaume Faury warns staff of rising geopolitical risks after trade tensions caused significant logistical and financial damage.
Tesla owners in the US and Canada now must pay $99/month for highway lane-assist features once included for free.
Ben & Jerry's board is down to two directors after Magnum alleges misconduct by the former chair and raises audit concerns.
Paramount extends its deadline to convince investors its bid for Warner Bros is stronger than Netflix's rival offer.
Amazon plans its largest-ever store in Illinois, blending grocery shopping, merchandise sales, and order fulfillment in one massive location.
