Mark Thompson, the CEO of CNN, has announced significant changes to the news network, including the elimination of 100 jobs. Appointed last year to modernize CNN, Thompson detailed his plans

Porsche has unveiled its latest marvel, the Taycan Turbo GT, heralded as one of the fastest production cars ever created. The electric powerhouse, boasting a staggering 1,093 horsepower, is set

Stellantis, the multinational carmaker behind brands like Jeep, Fiat, Vauxhall, and Citroën, has revealed that U.S. import tariffs have cost it €300 million so far, as new trade barriers shake

As many as 300 million full-time jobs around the world could be automated in some way by the newest wave of artificial intelligence that has spawned platforms like ChatGPT, according

The cost of condiments may make you think twice before squirting ketchup on your hot dog at this weekend's barbecue. According to Datasembly's Grocery Price Index, the average price of

A nonprofit organization led by Anne Wojcicki, co-founder and former CEO of genetic testing company 23andMe, has successfully secured the acquisition of the company after it filed for bankruptcy in

Transcorp Hotels Plc has reported a N70 billion revenue for the 2024 financial year, reflecting a 69% increase from the previous year. The hospitality subsidiary of Transcorp Group also recorded

Warren Buffett’s Berkshire Hathaway has raised eyebrows by halting its stock buybacks for the first time in six years, despite having more than $325 billion in cash on hand. The

Nigeria's import bill for used vehicles, commonly referred to as "Tokunbo" cars, has seen a dramatic decline, dropping by 83% in the first half of 2024. According to data from

Private members’ club group Soho House has been bought in a £2bn ($2.7bn) deal that brings Hollywood actor and investor Ashton Kutcher onto its board. The takeover is being led

German industrial powerhouse Bosch has revealed plans to slash approximately 8,250 jobs globally over the coming years, marking yet another setback for Germany’s struggling economy. The job cuts will primarily

Coke knows that its soda caps often end up as litter. So it's trying to solve the problem by tethering them to the bottle, at least in the United Kingdom.Earlier

McDonald’s has temporarily halted the sale of espresso-based drinks at certain U.S. locations following a safety issue with its espresso machines. The machines, which are used to make popular McCafé

U.S. restaurant chain Cracker Barrel has scrapped its recently unveiled logo after widespread criticism from customers and even political figures. The company confirmed the reversal in a statement on social

The domestic box office in the United States soared past $9 billion in 2023, marking the highest figure since the onset of the pandemic, as reported by Comscore. Despite a

As it continues to battle against declining growth and increased competition, online streaming platform, Netflix has announced yet another round of job cuts following a decline in its subscriber base.

Apple is rolling out a new safety feature in iOS 26 that will automatically freeze FaceTime video and audio if nudity is detected during a call. The update, currently available

In a significant development for the media industry, Chief Executives David Zaslav of Warner Bros. Discovery and Bob Bakish of Paramount Global engaged in discussions about a possible merger between

Tesla has begun construction on a new battery manufacturing plant in Shanghai, signalling a significant expansion despite escalating trade tensions between the United States and China. The groundbreaking event on

A former Tesla engineer who raised concerns about vehicle safety has secured a major legal victory in her years-long battle with Elon Musk and the electric car company. Cristina Balan,