McDonald’s is investing $100 million to recover from an E. coli outbreak that sickened more than 100 people and hurt the company’s …
Business
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Hyundai Motor Company has appointed José Muñoz as its new president and co-CEO, marking a significant milestone as he becomes the first …
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Steve Schwarzman, cofounder and CEO of Blackstone, manages his vast fortune through a complex and secretive operation in addition to his business …
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Business
Tesla Recalls Over 2,400 Cybertrucks Due to Faulty Inverter, Its Sixth Recall of 2024
by Silke Mayrby Silke MayrTesla has issued its sixth recall of the year for the Cybertruck, affecting more than 2,400 vehicles due to a faulty part …
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Business
Meta Introduces ‘Less Personalised’ Ad Option for Facebook and Instagram Users in EU Amid Regulatory Pressure
Meta, the parent company of Facebook and Instagram, has announced a significant change for its European Union users: they can now opt …
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Business
AstraZeneca Raises 2024 Outlook on Strong Earnings, Navigates Legal Challenges in China
by Silke Mayrby Silke MayrAstraZeneca has raised its 2024 financial forecast for the second quarter in a row, following strong third-quarter earnings, particularly from its cancer …
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Business
“No one can take solar or wind energy hostage” – Ensuring Energy Security Amid Global Crises
by Silke Mayrby Silke Mayr“The more we shift towards clean energy, the more resilient we become to global conflicts, because no one can take solar or …
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The meme coin PNUT, inspired by the viral “Peanut the Squirrel,” made its debut on the OKX exchange, quickly gaining traction with …
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FTX has filed a lawsuit against Binance Holdings and its former CEO, Changpeng “CZ” Zhao, alleging fraudulent activity in a shares repurchase …
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Following Donald Trump’s election victory, several high-profile tech leaders shared their reactions on social media, with some offering congratulations and others urging …