Business News

Ford to Invest $3 Billion to Expand Large Truck Production

Ford Motor Company has announced plans to expand its large Super Duty truck production at a Canadian plant previously designated for electric vehicle (EV)...

Tech Stocks Slump Continues as Nasdaq Dips Amid Market Turbulence

Tech stocks struggled to recover on Thursday following the Nasdaq's worst performance since 2022, despite promising earnings from chipmaker TSMC (TSM). The Nasdaq Composite (^IXIC)...

AT&T Paid Hacker $370,000 to Delete Stolen Phone Records

AT&T, one of the largest telecommunications companies in the US, revealed on Friday that it paid over $300,000 to a hacker to delete stolen...

Costco Hikes Membership Fees, Amazon Pulls Gift Cards in New York, and Copenhagen Offers Free Kayak Tours

In this Selection, we bring you updates on Costco’s membership fee increase, Amazon’s removal of gift cards from New York retail stores, and Copenhagen’s...

CenterPoint’s Bid for Federal Grid Improvement Funds Rejected Last Year

CenterPoint Energy's request for $100 million in federal funding to bolster its grid resilience against extreme weather events was denied in 2023, according to...

Delta Alters Uniform Policy Following Controversy Over Palestinian Flag Pins

Delta Air Lines has revised its uniform policy after a social media post featuring two flight attendants wearing Palestinian flag pins sparked widespread criticism....

AMD to Acquire Finnish AI Startup Silo AI for $665M in Bid to Challenge Nvidia’s Dominance

AMD has announced plans to acquire Finnish artificial intelligence startup Silo AI for $665 million, marking one of Europe's largest AI takeovers. This move...

United Airlines Flight Loses Wheel During Takeoff in Los Angeles

A United Airlines jet lost a landing gear wheel during takeoff from Los Angeles but safely landed in Denver, the airline announced. No injuries...

Paramount-Skydance Merger: Executives Reveal Streaming Strategies

Skydance Media and RedBird Capital Partners have shared their strategic plans for Paramount Global’s streaming business following the recent announcement of a merger between...

Target to Stop Accepting Personal Checks Starting July 15

Leave your checkbook at home when you head to Target. Starting July 15, the retailer will no longer accept personal checks for payments."Due to...

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