Delta Air Lines is facing legal action following a crash in Toronto, despite offering $30,000 to each passenger aboard the flight. The first lawsuits have been filed, with […]
Technology
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Musk’s cost-cutting team lays off workers at auto safety agency
Elon Musk’s cost-cutting initiative has led to job cuts at the National Highway Traffic Safety Administration (NHTSA), the agency overseeing Tesla. NHTSA stated that the reductions are modest […]
Economy
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Warren Buffett warns Washington as Berkshire reports record profit
Berkshire Hathaway, led by Warren Buffett, reported a record annual operating profit of $47.44 billion, up 27%, and a quarterly profit of $14.53 billion, a 71% increase. Despite […]
Markets
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$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
ByBit, a cryptocurrency exchange, has suffered the largest crypto theft in history after hackers stole $1.4 billion from its Ethereum-based holdings. The breach occurred through what ByBit CEO […]
Economy
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BMW Delays £600m Electric Mini Factory Upgrade Amid Industry Uncertainty
BMW has announced a delay in the reintroduction of electric vehicle production at its Oxford Mini plant. The decision comes as the automotive industry faces multiple uncertainties, prompting […]
NewsLetter
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First Delta Crash Lawsuit Filed Following Crash Landing in Toronto
Passengers on Delta Flight 4819 are taking legal action after a crash landing in Toronto, with the first lawsuit being filed by individuals, including a woman from the […]
Economy
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Musk’s Cost-Cutting Measures Impact Auto Safety Agency and EV Chargers at Federal Buildings
Recent developments indicate that officials have been fired at the traffic safety agency responsible for investigating Musk’s company. The auto safety agency, which oversees his car company, is […]
Real Estate
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Hail becomes a growing climate concern for US insurers
The US insurance industry faces a mounting crisis as hailstorms, fueled by climate change, increase in severity and frequency. Said Ahmad, a Denver roofing business owner, notes that […]
Economy
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Palantir CEO Alex Karp made nearly $2 billion from selling company stock last year—mostly around the presidential election
Palantir CEO Alex Karp made nearly $2 billion from selling company stock last year, with most of the sales occurring around the time of the presidential election. This […]
Banks
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Musk Team’s Blitz on Consumer Financial Agency Unsettles Trump Allies
Since its establishment in 2011, the Consumer Financial Protection Bureau (CFPB) has faced criticism from powerful opponents, becoming an early target in Elon Musk’s overhaul of the U.S. […]