John Deere said that it was planning to lay off around 600 employees across three of its Midwest factories by the end of August as it intends to focus on its operations in Mexico.
Sectors
Cannabis Businesses Fail to Win Lawsuit Challenging US Marijuana Ban
A federal judge has dismissed a lawsuit filed by several Massachusetts cannabis businesses seeking to challenge the existing federal prohibition on marijuana.
China Forms New State Body to Find Oil and Gas Reserves Deep Underground
China has established a new entity that combines national oil producers and state firms to look for ultra-deep oil and gas reserves.
Joe Biden Administration Can’t Pause New LNG Export Approvals, Judge Rules
A federal judge in Louisiana has blocked the administration of President Joe Biden from pausing the approvals of liquefied natural gas (LNG) export applications.
Lab-Grown Meat Firm Upside Foods Cuts Jobs Due to Regulatory, Financial Woes
Upside Foods announced that they were letting go of 26 of its staff and restructuring its executive and leadership teams to delegate processes more directly to staff due to legislative, regulatory, and financial issues.
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Meme stock trader Keith Gill, known as Roaring Kitty, has a multimillion-dollar stake in online pet store Chewy.
A founding engineer and one of the original employees at Elon Musk's generative AI company xAI left to rejoin his former employer OpenAI.
The Boston Celtics is up for sale after its majority owner, Boston Basketball Partners LLC, announced its intention to sell all of its shares in the team.
PepeCoin ($PEPECOIN), the original 'Pepe the Frog' inspired meme coin, has been making a lot of moves to become a thriving ecosystem of innovation. Just last month, they launched the Kek.bot, and now, the PepeCoin (PEPECOIN) team is all set to launch its BasedAI release candidate testnet called "CYAN."
A Florida man was arrested and faces felony charges after admitting to shooting a Walmart delivery drone that he claimed flew over his residence.
Omega Power Batteries Corp., a lithium-ion battery startup, is on a mission to revolutionize the American energy landscape and make its initial impact in the underserved but very profitable product applications outside of the dominant electric vehicle (EV) market. Recognizing a critical shortage of domestically produced batteries for these smaller-scale applications, the company is stepping up to fill this gap while prioritizing safety, sustainability, and national security.
In response to the critical limitations of traditional ventilators, VentSafe has developed an ultra-high-frequency ventilation system that operates at a rate ten times faster than existing high-frequency technologies.
Silvergate Bank agreed to pay $63 million to settle state and federal investigations following the collapse of crypto exchange FTX.
CDK Global, the software provider for around 15,000 North American car dealerships, expects to fully restore its systems by July 4 after cyberattacks forced them offline for days.
