Ford Motor recently announced that they will be delaying the production of a next-generation all-electric pickup truck at a new plant in Tennessee and cancelling plans for a three-row electric SUV. This decision comes as a surprise to many, as the automotive industry has been heavily leaning towards electric vehicles in recent years. Instead, Ford
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Alaska Airlines has successfully passed the scrutiny of the U.S. Justice Department in its bid to acquire Hawaiian Airlines. This milestone comes after a period of investigation into the $1.9 billion agreement between the two carriers, which was announced nearly eight months ago. With the clearance from the DOJ, the focus now shifts to obtaining
Boeing recently announced that it has decided to temporarily halt the flight tests of its 777X after a structure in one of the wide-body aircraft showed signs of damage. The company detected the issue in a custom part located between the engine and the airplane structure during routine maintenance procedures. As a precautionary measure, Boeing
Gilead Sciences recently revealed a dangerous drug-counterfeiting operation that took place in two New York City pharmacies. The mastermind behind this operation was identified as Peter Khaim, a twice-convicted medical fraudster. He was described as one of the most brazen and largest manufacturers and sellers of counterfeit Gilead medications in the country. The scheme involved
One of the key problems facing Starbucks, as highlighted by investors and executives, is the operational issues that have resulted in declining sales over recent quarters. The rise of mobile orders, accounting for roughly one-third of the total sales, has created chaos in stores, with frustrated customers and overwhelmed baristas. Former CEO Howard Schultz has
Recently, a U.S. judge made the decision to temporarily block media companies such as Disney, Warner Bros. Discovery, and Fox from launching their sports streaming service, Venu. This ruling comes in response to a lawsuit filed by Fubo TV, raising concerns over anticompetitive behavior and potential impacts on existing companies in the sports streaming industry.
SpaceX is gearing up for its next groundbreaking private mission at the end of the month, with plans to attempt something that has never been done before. The Polaris Dawn mission marks the first in a series of three flights purchased by billionaire Jared Isaacman from SpaceX. This initiative, known as the Polaris Program, aims
Broadcast stations owned by media mogul Byron Allen have been facing criticism for consistently making late payments to network owners. According to sources, Allen Media Group’s stations have been as much as 90 days past due on payments to networks like ABC, CBS, and NBC, totaling tens of millions of dollars throughout the year. This
The recent collaboration between Ryan Reynolds, Hugh Jackman, and Shawn Levy has proven to be a massive success for Disney and Marvel. The film “Deadpool & Wolverine” has shattered records as the highest-grossing R-rated title of all time, surpassing the previous record-holder, “Joker.” With a staggering $1.085 billion in global box office revenue, this film
United Auto Workers President Shawn Fain has recently come out with strong criticism of Stellantis CEO Carlos Tavares, accusing him of price gouging consumers and failing to meet certain obligations outlined in the union’s labor contract with the automaker. This public criticism comes in the wake of a tumultuous period of collective bargaining talks between