Tesla is under fire as the NHTSA launches another investigation into its full self-driving technology after multiple incidents of traffic violations and crashes, raising serious safety concerns for the automaker.
Constellation Brands outperformed expectations in its fiscal Q2 earnings, reporting adjusted earnings of $3.63 per share. However, the company faced challenges with a drop in net sales and reiterated lowered full-year guidance due to macroeconomic issues.
In a surprising move, Verizon has appointed Dan Schulman as its new CEO, replacing Hans Vestberg who has led since 2018. This leadership change comes as the company navigates a challenging market and integrates with Frontier Communications.
Microsoft has announced a significant price increase for its Xbox Game Pass tiers, with the Ultimate version rising to $29.99/month. The company claims the hike is justified by adding more value and content, including over 400 titles and 75 day-one releases annually.
Tesla has ramped up sales with discounts and financing deals before the $7,500 federal tax credit expires. But analysts warn this surge may not last, raising questions about the company's future.
First Brands Group Holdings has filed for Chapter 11 bankruptcy following weeks of financial distress. A creditor group is set to provide $1.1 billion to sustain operations amidst concerns over its financing practices.
Starbucks is closing over 100 stores and laying off 900 employees, offering severance packages to affected baristas. Find out what this means for the coffee giant's future and its employees.
In a landmark case, Amazon has agreed to a $2.5 billion settlement over misleading Prime subscriptions. The FTC claims the company used deceptive practices to enroll users. Find out how this affects you!
In a remarkable feat, SpaceX launched 24 Starlink satellites today, marking its 123rd Falcon 9 mission this year. The rocket successfully landed on a drone ship in the Pacific after liftoff from California.
In a bold decision, Microsoft has terminated access to its tech for the Israel Ministry of Defense after allegations of surveillance on Palestinian phone calls. The company's commitment to privacy comes under scrutiny.
