General Motors might need to leave China as losses mount to $106 million in just three months, the third time in 15 years.
Sectors
Boeing Scrubs Starliner Launch, Complicating Company’s Passenger Jet Woes
Boeing scrubbed its attempt to launch its Starliner capsule named ‘Calypso’ on May 6, which was supposed to be a break for Boeing’s issues in its passenger jet operations.
Boeing Faces New FAA Investigation After Admitting Possibly Missing Required 787 Dreamline Inspections
Boeing is facing a new FAA investigation. The probe was triggered after it admitted possibly missing some required inspections for the 787 Dreamliner.
Tesla Enters 4th Week of Layoffs as Elon Musk Announces New Job Cut Round, Making More and More Employees Hopeless
Elon Musk announces new job cut round, making Tesla enter its 4th week of layoffs. More and more employees are becoming hopeless.
NY Liquor Stores Eye Non-Alcoholic Market Amid Pandemic Shifts, Legislators Propose Solution
New York proposes legislation to allow liquor stores to sell non-alcoholic drinks amid pandemic challenges.
Latest News
Rue21 has announced that it will be shutting down all of its 540 locations in the coming weeks. Popular teens clothing retailer Rue21 is shutting all 540 of its locations in the the coming weeks as it declares bankruptcy after almost 50 years in operation.
Global gasoline demand growth may half in 2024 due to a return to normal consumption after COVID-19 and a shift to electric cars in China and the US.
A Florida Costco customer has filed a lawsuit against three pharmacies and their respective pharmacists, claiming that a pharmacist gave him Adderall, which put him into a psychotic state.
The focus of the investment will be on reopening 62 pubs that were previously closed and renovating 94 existing outlets.
Chinese fintech firm Ant Group wants to expand globally by linking mobile payment apps with Alipay+.
Former President Donald Trump's election campaign and the Republican National Committee (RNC) disclosed on Saturday that they collectively raised more than $76 million in April.
Twitter founder Jack Dorsey has left the board of Bluesky, the decentralized social media platform he co-founded.
Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams. Berkshire Hathaway Chairman and CEO Warren Buffett has warned about artificial intelligence (AI) scams, which he believes could evolve into "the growth industry of all time.
Led by the US Drug Enforcement Administration (DEA), this proposed change acknowledges cannabis's medical benefits and lower abuse potential than other controlled substances.
