Elon Musk Says Tesla to Unveil a 'Robotaxi' in August; Shares Jump
Tesla CEO Elon Musk has announced that the company will unveil its highly anticipated robotaxi product in August.
Industry
Walmart Founder's Son Rob Walton to Step Down From Board
Walmart announced on Thursday that Rob Walton, the longest-serving member of its board, will step down from his position.
Honda to Spend $11 Billion to Build New EV Factories in Canada
Honda Motor is planning to invest $11 billion in Ontario, Canada, to build a comprehensive electric vehicle (EV) value chain...
Talking Plants? This Startup Could Help Plants Communicate With Farmers
This startup is helping plants talk! Here's how its technology could benefit the agriculture industry...
Seafood Chain Red Lobster Initiates Search for Buyer Amid Looming Bankruptcy Filing
Red Lobster seeks buyer to evade bankruptcy amid debts and losses—casual dining industry woes worsened by the pandemic...
Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
Walgreens Boots Alliance Inc. is opening a new pharmacy offering cell ...
Elon Musk's SpaceX Injury Rates Soar Highest in the Industry for Second Year
Injury rates at SpaceX facilities remained higher above the industry a...
Latest News
Tesla Reportedly Ends Low-Cost Car Plans Due to Strong Chinese EV Competition
Tesla has reportedly ended its plans for a low-cost vehicle, a move attributed to the formidable competition posed by Chinese EV manufacturers.
Johnson & Johnson Acquires Shockwave Medical for $12.5 Billion to Expand its Heart Device Business
Johnson & Johnson has made a significant acquisition, purchasing medical device maker Shockwave Medical for approximately $13.1 billion to strengthen the company's efforts in fighting heart disease.
[SURVEY] Should Employers Shoulder Commuting Expenses? 8 Out of 10 Employees Say Yes
A new survey revealed that 8 out of 10 employees want employers to shoulder their commuting expenses.
Apple AI-Powered Home Robots Reportedly in The Works After Tech Giant Kills Electric Car Project
Apple's home devices group is reportedly developing a mobile robot and an advanced tabletop device with a moving display, both powered by robotics.
Gold Hits New High, Soaring Above $2,300 for the First Time
Gold surged above $2,300 an ounce for the first time Thursday.
Florida Senate President's Husband John Passidomo Dies in Utah Hiking Accident
John Passidomo was a prominent Naples real estate attorney and a partner in charge of Florida real estate from 1985 to 1993 for Frost & Jacobs.
Coach Sues Gap for Selling T-Shirts With the Word 'Coach'
Coach took legal action against Gap on Wednesday, alleging that the retailer's Old Navy unit unlawfully sold T-shirts with the word "Coach."
Malaysia Is Becoming a Hotspot for Semiconductor Firms Amid US-China Chip Wars
Malaysia is increasingly attracting semiconductor factories amid escalating tensions between the US and China.
OpenAI-Backed Ghost Autonomy Shuts Down Despite Raising Nearly $220 Million in Venture Capital Funding
Ghost Autonomy, an OpenAI-backed startup developing autonomous driving software for automaker partners, has ceased its operations.
