Elon Musk (Picture credit: Reuters) Tech billionaire Elon Musk said on Friday that he appreciates major brands resuming advertising on his social media platform, X, after boycotting it due to ‘brand safety’ concerns. This comes after reports of several brands returning to the platform following US President-elect Donald Trump’s victory and Musk’s appointment to lead […]
A Quarter Pounder with cheese, fries and a drink arranged at a McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images In the wake of last month’s E. coli outbreak tied to McDonald’s slivered onions, the fast-food giant said it will invest more than $100 million […]
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the […]
A warehouse for Texas Pool Supply, a company that’s part of SRS Distribution, carries pool parts such as filters and heaters, along with large buckets of pool chemicals. It’s an example of the specialized business that Home Depot includes after acquiring SRS. Melissa Repko | CNBC PLANO, Texas — In a suburban warehouse, giant buckets […]
People walk in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images All is well in the Magic Kingdom. Disney’s theme park division posted record revenue and profit for fiscal 2024, with revenue rising 5% for […]
Market regulator Sebi has directed Big Entertainment to pay Rs 26 crore fine for failing to settle penalties imposed in a case related to the illegal diversion of funds. Furthermore, the Securities and Exchange Board of India also issued a warning that if Reliance Big Entertainment Pvt Ltd (now Rbep Entertainment Pvt Ltd) fails to […]
Getty Images Shares in vaccine makers and healthcare firms around the world slid sharply on Friday, as investors warned that Donald Trump’s choice of Robert F Kennedy Jr as US Health Secretary could pose new challenges to the sector. Kennedy is known as a vaccine sceptic and, if confirmed in the post, has vowed to […]
With President-elect Donald Trump‘s trade and foreign policy team taking a hawkish stance toward China, U.S. companies are increasingly concerned a hard-line approach could stunt their prospects in the world’s second-largest economy – and turn them into targets of Chinese retaliation. Trump has threatened to hit China with at least 60% tariffs and vowed to […]
SpaceX President and Chief Operation Officer Gwynne Shotwell speaks during the NASA Commercial Crew Program (CCP) astronaut visit at the SpaceX headquarters in Hawthorne, California, U.S., on Monday, Aug. 13, 2018. Bloomberg | Bloomberg | Getty Images SpaceX’s second-in-command urged on rivals in comments Friday, describing competition as healthy for Elon Musk‘s space company. “I […]
Getty Images You may have seen the word “Bluesky” popping up on your social media pages recently and wondered what people are talking about. It is an alternative platform to Elon Musk’s X and in terms of its colour and logo, it looks quite similar. Bluesky is growing rapidly and is currently picking up around […]
