Ford agrees to pay up to $165 million penalty to US government for moving too slowly on a recall
Ford Motor Co. will pay a penalty of up to $165 million to the U.S. government for moving too slowly…
China’s weak economy and record US production will lead to a surplus of one million barrels of oil a day next year
The oil market could see a surplus of one million barrels of crude a day in 2025, the IEA forecast.…
Why Rivian’s $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant…
Exclusive-Pfizer explores sale of hospital drugs unit
Pfizer (PFE) is exploring the sale of its hospital drugs unit, as the drugmaker, which has been under pressure from…
Boeing starts issuing layoff notices as planemaker trims 10% of workforce
Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by…
Vietnam Airlines to request bids for 50 narrowbody jets next year
Vietnam Airlines will issue requests for proposals to aircraft manufacturers next year to purchase 50 narrowbody jets, its CEO said…
Netflix, Hulu, and Amazon Prime Video subscribers are hitting ‘pause’ instead of canceling altogether
Streaming video services are seeing more customers hitting “pause,” The Wall Street Journal reports. This means people cancel their subscriptions,…
Apple defends the M4 Mac mini’s power button
Apple announced a new wave of product refreshes recently, and not only does the charging port for the Magic Mouse…
Singapore’s Grab raises annual revenue forecast, shares jump
Singapore’s Grab Holdings raised its forecast for fiscal 2024 revenue on Monday, as the Southeast Asian tech firm anticipates robust…
Instagram commits to user experience by removing the annoying ‘rug pull’ feature
What you need to know Instagram Head Adam Mosseri has revealed an interesting new feature on Instagram, which many unknowingly…