Browsing: Global

Amazon’s Q2 revenue exceeded market expectations yet the company failed to alleviate investor concerns because investors became preoccupied with tariff worries and decreased operating income projections.…

The Italian government supports the proposed Iveco Group breakup through the sale of its defense unit to Leonardo and its commercial vehicle division to Tata Motors of India. The Italian government under Prime Minister Giorgia Meloni…

The company Starbucks faces six straight quarters of sales decline while undergoing a major business transformation. The company relies on high-protein cold foam drinks and dark roast beverages and quick service to bring back customer enthusiasm.…

The $1 billion offer from Meta to recruit Thinking Machines Lab talent has been completely declined which damages Mark Zuckerberg’s Superintelligence Labs goals. Wired reports that Mira Murati’s team members have refused Meta’s proposal for…

A Ghana mine collapse has created widespread shock throughout the world starting from unpaid West African workers up to influential British political and financial leaders. The Bogoso-Prestea mine in Ghana operated as a successful gold…

Trump has sparked fresh tensions with Europe ahead of critical US-EU trade talks, warning European leaders to “get your act together” on immigration or risk losing…

The Hollywood location of Elon Musk’s Tesla Diner received both public interest and negative feedback since its opening just a few days ago. The retro-futuristic drive-in restaurant with gourmet burgers and film screenings and Tesla…

The Federal Communications Commission (FCC) granted Paramount permission to complete its $8.4 billion acquisition of Skydance Media which will transform the United States entertainment industry. The acquisition gives Paramount control over CBS alongside Nickelodeon…

UK car manufacturing reached its lowest point since 1953 except for the pandemic year 2020 because the industry faces worldwide supply chain disruptions and slow electric vehicle adoption. The Society of Motor Manufacturers and Traders…

Major automakers Ford Toyota and Porsche have adjusted their electric vehicle strategies because EV market momentum has decreased. These major companies maintain their EV commitment but they reduce their aggressive electrification targets to increase hybrid vehicle…