Ram, the truck division of Stellantis, is making a dramatic course correction, bringing back its iconic Hemi V8 engine following significant customer backlash. The brand […]
Category: Business
Stock Futures Rise Before Key PCE Inflation Update
US stock index futures edged higher in early trading, signaling a potentially positive start to the day as investors eagerly anticipate a crucial inflation report […]
Stars Arrive in Venice for Jeff Bezos & Lauren Sánchez Wedding
Venice is abuzz this week as Amazon founder Jeff Bezos and former journalist Lauren Sánchez prepare to tie the knot amidst a lavish, multi-day celebration […]
Nike Faces $1B Tariff Hit, Plans Production Shift
Nike Anticipates $1 Billion Tariff Impact, Shifts Strategy Sportswear giant Nike is bracing for a significant financial impact from tariffs, estimating that US trade policies […]
Nike Hit with $1 Billion Tariff Bill, Plans Price Increases
Nike Forecasts $1 Billion Tariff Blow Global activewear giant Nike is bracing for a significant financial hit, forecasting approximately $1 billion in additional costs directly […]
Tech Giants Pour Billions into AI as Spending Frenzy Rages
Tech Giants Unleash Billions in Escalating AI Arms Race Silicon Valley’s artificial intelligence frenzy is hitting unprecedented levels. Leading tech companies, including OpenAI, Amazon, and […]
AI Talent War Heats Up: Meta Exec Calls Sam Altman ‘Dishonest’
The intense competition for top artificial intelligence talent is boiling over, with Meta and OpenAI executives publicly clashing over recruitment tactics and compensation figures. The […]
Canada Fast-Tracks Major Projects Law Amid Trade War
Canada’s parliament has passed a landmark bill giving Prime Minister Mark Carney’s government new powers to fast-track major national projects.
US PCE Inflation Cools in May; Consumer Spending Falls Unexpectedly
Latest data on the Federal Reserve’s preferred inflation gauge shows price pressures remained mild in May, but the news was coupled with an unexpected contraction […]
OpenAI Researcher Joins Meta, Calls $100M Bonus ‘Fake News’
The battle for top artificial intelligence talent is heating up, marked by aggressive recruitment tactics and eye-watering compensation figures. A recent move saw three key […]