Amgen to Cut 450 Jobs in Second Round of Layoffs This Year
Amgen Inc (AMGN.O) said on Thursday it would cut 450 jobs, or less than 2% of its workforce, making it the company's second round of layoffs this year amid intensifying
Yeezy Fallout Could Push Adidas into its First Annual Loss in 31 Years
Adidas has warned that it could suffer its first annual operating loss in more than three decades this year, mostly because it may have to write off the entire range
Meet Apollo, a Robot Designed to Do Jobs Humans Don’t Want
The realm of science fiction is inching closer to reality as Apptronik, an Austin-based robotics startup, introduces Apollo, its latest humanoid robot. With a vision to revolutionize various industries, Apptronik
US Prosecutors Recommend Criminal Charges Against Boeing Over 737 Max Violations
US prosecutors have recommended that the Department of Justice (DoJ) file criminal charges against Boeing. This follows claims that the aircraft manufacturer violated a settlement agreement related to two fatal
Samsung Boss, Lee Jae-yong, Acquitted of Financial Crimes in Surprise Legal Victory
In a surprising ruling, Lee Jae-yong, the billionaire boss of Samsung Electronics, has been acquitted by a Seoul court on charges of stock manipulation and accounting fraud linked to a
MOD Pizza Acquired by Elite Restaurant Group to Avert Bankruptcy
MOD Pizza, the popular fast-casual chain known for its customizable pizzas, announced on Wednesday that it has been acquired by Elite Restaurant Group in a strategic move aimed at preventing
Ticketmaster Faces UK Probe Over Oasis Reunion Tour Ticket Sales
The UK's Competition and Markets Authority (CMA) has launched an investigation into Ticketmaster, following complaints about its handling of ticket sales for the much-anticipated Oasis reunion tour in 2025. The
M&S Restores Click-and-Collect Service Months After Major Cyber Attack
Marks & Spencer has reinstated its click-and-collect service, more than three months after suspending it in the wake of a severe cyber attack that disrupted operations both online and in
Treyarch Dev Explains Why Call of Duty Movement Mechanics Slowed Post-MW19
A Treyarch developer has shed light on the changes to Call of Duty’s movement mechanics following the release of Modern Warfare (2019). In a candid social media post, Matt Scronce,
Early Version of Mickey Mouse Enters Public Domain as Copyright Expires
As of January 1, 2024, a historic moment has unfolded in the world of entertainment, as an early version of Mickey Mouse, featured in Walt Disney's 1928 short film "Steamboat
FAA Report Highlights Safety Culture Issues at Boeing Following Fatal Crashes
A scathing report released by the Federal Aviation Administration (FAA) on Monday has shed light on significant safety culture shortcomings at Boeing, the aircraft manufacturer plagued by two fatal crashes
Uber is Joining the S&P 500, Signaling Significant Market Milestone
Ride-hailing giant Uber is set to make waves on Wall Street as it joins the prestigious S&P 500, reaching a new 52-week high last week in anticipation of its debut
Twitter Employees: Elon Musk Hints at Layoffs in First Meeting
During his first meeting with Twitter employees, American billionaire, Elon Musk has hinted at potential layoffs if his $44bn (£35.8bn) takeover bid for the social media company is successful. "Anyone
JetBlue Fined $2 Million for Chronic Flight Delays and Unrealistic Scheduling
The U.S. Department of Transportation (DOT) has imposed a $2 million fine on JetBlue Airways for operating chronically delayed flights and maintaining unrealistic flight schedules. This marks the first time
Fidelity Estimates Elon Musk’s X Now Worth 80% Less Since Acquisition
The social media platform X, formerly known as Twitter, has seen its valuation plummet by nearly 80% since billionaire Elon Musk purchased it in October 2022, according to new estimates
Boeing Loses $425 Million But Sticks to Full-Year Forecasts
Boeing lost $425 million in the first quarter — more than Wall Street expected — plagued by production problems while building passenger planes and it had a write-down for a
Glazer Family Say They are Open to Selling Manchester United
The Glazer family are open to selling Manchester United. The American owners are willing to listen to offers for the club they bought in a controversial leveraged buyout 17 years
Samsung Introduces Mid-Range AI-Powered Galaxy A Series to Intensify Competition
Samsung has expanded the artificial intelligence (AI) capabilities of its smartphones with the launch of mid-range Galaxy A series devices, intensifying competition in the mobile market. For the first time,
Florence Nightingale’s Hair Sells for Over £3,500 at Auction
A lock of Florence Nightingale's hair has sold for £3,606 at an auction in North Yorkshire, surpassing its expected value of £2,000 to £3,000. The hair, confirmed to belong to
New York City’s Landmark Congestion Pricing Program Set to Move Forward
The Biden administration is poised to approve New York City's Central Business District Tolling Program, popularly known as "congestion pricing," after the conclusion of a public review period on Monday.