Audi to Cut 7,500 Jobs Amid Challenges in Germany’s Auto Industry
Audi has announced plans to cut up to 7,500 jobs at its German facilities by 2029, citing increasing economic pressure and the need to transition to electric vehicle (EV) production.
Barclays Shares Plunge 10% as Profit Falls
Shares of Barclays tumbled nearly 10% Wednesday after the British bank reported a sharp drop in profit, driven by increased provisions for bad debts and huge fines for wrongly sold
Five Global Carmakers Face Trial in London Over Alleged Emissions Cheating
A major class-action lawsuit has opened at the High Court in London against five of the world’s leading car manufacturers accused of using illegal software to cheat emissions tests. The
I Won’t Pay N18 Million Tax, Iyabo Ojo Tells Lagos Govt
Prominent Yoruba Nollywood actress, Iyabo Ojo takes a stand against the excessive tax levy imposed by the Lagos State Government. In a recent Instagram post, she expressed her refusal to
Elon Musk, X Settle $500m Dispute with Former Twitter Employees
Elon Musk's social media company, X, has reached a tentative settlement with thousands of former employees who accused the firm of withholding severance benefits following mass layoffs. In a joint
Warner Bros. Discovery Faces Severe Stock Drop Amid Rapid Decline in Television Business
Warner Bros. Discovery (WBD) is facing increasing financial pressure as its stock took a sharp 10% hit, plummeting to a new low of $6.90 following a dismal second-quarter earnings report.
The US Economy Added 139,000 Jobs in May, Slightly More Than Expected
The U.S. economy added 139,000 jobs in May, a modest gain that slightly exceeded expectations but signaled a continuing slowdown in the labor market, according to data released Friday by
Why GTA 5 Remains a Global Gaming Phenomenon Over a Decade Later
More than a decade since its original release, Grand Theft Auto V continues to dominate global sales charts, defying the typical lifecycle of most video games. First launched in 2013
FCCPC Indicts Coca-Cola Nigeria and NBC for Misleading Consumers, Unveils Report on Anti-Competitive Practices
The Federal Competition and Consumer Protection Commission (FCCPC) has released a detailed report indicting Coca-Cola Nigeria Limited and Nigerian Bottling Company (NBC) Limited for misleading branding and anti-competitive practices. The
Elon Musk Sells $6.9bn of Tesla Shares as Twitter Lawsuit Looms
American businessman and Tesla boss, Elon Musk has sold another 7.92 million shares in the electric car maker, worth around $6.88bn (£5.7bn), as reported by BBC. The sales took place
Singapore Airlines CEO Commends Staff After Turbulent Flight Incident
Singapore Airlines CEO, Goh Choon Phong, has expressed deep gratitude to the airline's staff following a severe turbulence incident that resulted in the death of a British passenger and injuries
LeBron James Competes Against Father Time in Nike Ad
Los Angeles Lakers forward LeBron James and Nike are at it again with another comedic video. James' 20th signature sneaker, the Nike LeBron 20, was recently released, and Nike is
OpenAI Reveals Data on ChatGPT Users Showing Signs of Mental Health Struggles
OpenAI has released new data suggesting that a small percentage of ChatGPT users may display signs of serious mental health conditions, including psychosis, mania, or suicidal thoughts. According to the
Nike Air Max 1 Gets Golf-Ready in New ‘Obsidian’ Edition
Nike is once again blending streetwear heritage with sports functionality as it adapts one of its most iconic sneakers, the Air Max 1, for the golf course. The brand has
Formula 1: Audi Buys Minority Stake in Sauber Ahead of 2026 F1 Entry
Audi’s entry into Formula 1 has moved a step closer after the German car manufacturer acquired a minority stake in Sauber. The purchase comes three months after Sauber confirmed they
Apple Presents Some Workers With a Choice: Reapply for Your Job or Get Laid Off
Things are cooking for Apple CEO Tim Cook. Emerging from a slow fiscal quarter due to slowing tech product demand and a sluggish economy, Apple is continuing to push for
UPS Faces Heat for Delay in Equipping Delivery Vans with Air Conditioning
UPS has yet to fulfil its promise of air-conditioned delivery vans, a pledge made in last year's contract with the Teamsters union. This delay persists despite rising temperatures and increasing
Philanthropist MacKenzie Scott Surpasses Donation Goals with $640 Million to US Non-Profits
Renowned billionaire philanthropist MacKenzie Scott has announced a staggering donation of $640 million to support non-profit organizations in the United States, surpassing her earlier planned contributions for the year. Scott's
Harley-Davidson Ends Diversity Initiatives Following Pressure from Right-Wing Campaign
Harley-Davidson has announced the discontinuation of its diversity, equity, and inclusion (DEI) initiatives, marking a significant shift away from progressive policies the company had previously supported. The move comes in
Starbucks Rolls Out Nationwide Launch of Olive Oil-Infused Beverages Despite Mixed Reviews
Starbucks is set to introduce its Oleato lineup, featuring extra virgin olive oil-infused drinks, across its US and Canada locations starting Tuesday. The expansion follows a limited launch in select
