Linda Yaccarino, the CEO of social media platform X, has reportedly restructured her executive team amid pressure from owner Elon Musk to increase sales and reduce expenses.
Sectors
China, EU Agree to Hold Talks on Planned EV Tariffs Amid Ongoing Tensions
China and the European Union (EU) have agreed to negotiate on proposed tariffs on Chinese EVs amid ongoing tensions.
Under Armour Agrees to Pay $434 Million to Resolve Lawsuit Alleging It Misled Shareholders
Under Armour settled a class action lawsuit accusing company of misleading shareholders about sales growth for $434 million.
Bugatti Introduces Next-Gen Hyper Sports Car 'Tourbillon' With Hefty Price Tag of $4 Million
Bugatti debuted the Tourbillon hypersport car with a reported price tag of over $4 million. A photograph taken on February 4, 2020 shows the Bugatti logo on a displayed car during the Retromobile classic car show at Porte de Versailles, in Paris.
CDK Still Reeling from Cyberattack as Dealers Improvise to be Productive
CDK Global said that it would likely take several days to fix its system after it was hacked last week, urging affected dealerships to use alternative methods to become more productive.
Latest News
Each year, 8 million infants are born with congenital disorders, according to the World Health Organization. This reality presents profound heartbreak and hardships for parents worldwide, as well as significant challenges for the healthcare system. Fortunately, biotechnology companies like Tandem Biotherapeutics Inc. (TBI), led by CEO David Paolella, Head of Research Dr. Roberto Gramignoli, and CSO Dr. Christineh Sarkissian have made significant developments that provide hope and effective treatment for congenital disorders.
Prosecutors recommended that the US Department of Justice file charges against Boeing after discovering it allegedly violated a settlement made in 2021 that shielded it from criminal charges.
Hong Kong airport is under fire after a display screen failure on June 23. The delayed response and lack of an emergency plan caused some passengers to miss their flights.
Apple and Meta are in talks to integrate Meta's generative AI into Apple's AI system for iPhones, with Apple also exploring partnerships with other AI firms. However, the deals are not yet finalized.
A Chinese man was sentenced to two-and-a-half-year in prison for stealing around $88,700 from a Singaporean jeweler on a Singapore Airlines flight.
Alaska Airlines and its flight attendants' union have reached a historic tentative labor agreement, marking the end of a prolonged period without new contracts and pending approval by union leadership and membership.
China and Australia will now offer each other's citizens multiple-entry visas valid for up to five years.
Spotify has unveiled a new basic streaming plan for users in the US. Spotify has unveiled a new basic streaming plan for users in the United States (US) following recent price hikes for its premium subscriptions.
The expiration of a popular US law on Friday has tightened bankruptcy rules for mid-sized and small businesses.
