Boeing to Avoid Criminal Trial in U.S. Deal Over Fatal 737 Max Crashes
Boeing will not face a criminal trial over the two deadly crashes involving its 737 Max aircraft, under a proposed agreement with the U.S. Department of Justice (DOJ) that will
Gap Insists it is Making Progress Despite Declining Sales
The Gap Inc reported better-than-expected results, despite experiencing sales drops across all its brands and net losses in the fourth quarter. This positive outcome was also observed in other retailers
Sony to Hike PlayStation 5 Prices in U.S. Amid Tariff Concerns
Sony has announced that the cost of its PlayStation 5 consoles in the United States will rise by about $50 starting Thursday, citing mounting economic pressures and uncertainty over U.S.
Spotify Takes Action: Reduces Royalties for Rain Sounds, White Noise and Other Non-Music Tracks
In a bid to address revenue manipulation concerns and ensure fair compensation within its streaming platform, Spotify has announced significant changes to its royalty system, particularly impacting non-music tracks such
Petrol Price Hike Likely to Trigger Wage Demands, Warns Economist
Development economist Mohammed Nezifi has warned that the recent hike in petrol prices in Nigeria may push the government to increase workers’ wages. In an interview with the News Agency
Berkshire Hathaway Achieves $1 Trillion Market Value, First US Non-Tech Firm to Reach Milestone
In a groundbreaking achievement, Berkshire Hathaway has become the first U.S. company outside the technology sector to reach a market value of $1 trillion. This milestone was briefly realized on
Elon Musk Dismisses Interest in Acquiring TikTok
Elon Musk has denied any plans to purchase TikTok, dismissing speculation that he might bid for the popular video-sharing platform. Speaking at the WELT Economic Summit on January 28, the
Phil Spencer Confirms Plans to Expand Xbox Games to Multiple Platforms
Phil Spencer, the head of Xbox, has confirmed that more Xbox-exclusive games will soon become available on other platforms, including rival consoles like the PlayStation 5. The announcement came during
Jo Malone Speaks Out as Legal Battle Over Her Name Intensifies
Renowned British perfumer Jo Malone has expressed hope that “sense will prevail” amid an ongoing legal dispute involving Estée Lauder and fashion retailer Zara over the commercial use of her
UK Government Unveils £53m Support Package For Rising Heating Oil Costs
UK Prime Minister Keir Starmer has announced a £53 million support package aimed at helping vulnerable households cope with soaring heating oil prices. The funding will be targeted at low-income
PlayStation Announces New State Of Play Event For June 2
Sony has officially confirmed that a new PlayStation State of Play presentation will take place on June 2, 2026, giving fans another major showcase of upcoming PlayStation 5 titles. The
Import bill on Used vehicles in Nigeria drops by 83%
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
Nigeria Records Highest Crude Oil Production In 11 Months, Surpasses OPEC Quota
Nigeria's crude oil production rose to its highest level in 11 months in May 2026, exceeding the production quota allocated by the Organisation of the Petroleum Exporting Countries (OPEC). Data
Apple and Goldman Sachs Fined $89 Million Over Apple Card Failures
Apple and Goldman Sachs have been ordered to pay a combined $89 million in penalties by the U.S. Consumer Financial Protection Bureau (CFPB) due to mishandling issues related to the
Elon Musk Calls for Privatization of U.S. Postal Service and Amtrak
Billionaire entrepreneur Elon Musk has advocated for the privatization of the United States Postal Service (USPS) and Amtrak, arguing that privatized entities have a stronger incentive for improvement. Speaking virtually
FDIC Chair Martin Gruenberg to Resign Amid Scathing Workplace Investigation
FDIC Chair Martin Gruenberg announced his resignation following an independent investigation that exposed widespread sexual harassment, discrimination, and bullying within the agency responsible for regulating the banking sector. "In light
Concerns Grow Over Public Visibility of Meta AI Searches
Meta is facing criticism after it emerged that some users of its AI chatbot tool may be unintentionally making their private queries publicly visible through a feature called the “Discover”
Bill Gates Says Intel Has “Lost Its Way” as Rivals Surge Ahead in Chip Innovation
Tech billionaire Bill Gates has expressed concern over Intel’s declining dominance in the semiconductor industry, stating that the company has fallen behind in both chip design and fabrication. In a
Tata Steel Fined £1.5m After Contractor’s Death at Port Talbot Plant
Tata Steel has been fined £1.5 million following the death of contractor Justin Day, who was crushed by a moving steel beam at the company’s Port Talbot site in 2019.
Google Unveils its ChatGPT Rival
Google on Monday unveiled a new chatbot tool dubbed “Bard” in an apparent bid to compete with the viral success of ChatGPT. As reported on BBC, Sundar Pichai, CEO of
