Business

Three years have passed since a tragic incident on the set of “Rust,” where the world lost talented cinematographer Halyna Hutchins to a gunshot fired by actor Alec Baldwin. This unfortunate event, which unfolded in October 2021, raised profound questions about safety protocols in film production and the responsibilities of those handling firearms on set.
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In a significant development within the automotive and technology sectors, Hyundai Motor Company and Waymo have forged a multi-year strategic partnership aimed at revolutionizing the future of autonomous transportation. This collaboration centers around integrating Waymo’s advanced self-driving technology, known as the Waymo Driver, into Hyundai’s Ioniq 5 electric vehicle. By equipping the Ioniq 5 with
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Rivian Automotive, an electric vehicle (EV) startup that has garnered significant attention since its inception, has encountered substantial turbulence in the stock market following the announcement of its third-quarter performance. On Friday morning, shares of Rivian plummeted approximately 4% as investors reacted to the company’s failure to meet vehicle delivery expectations, as well as its
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In a notable escalation of tension between a major automotive manufacturer and a prominent labor union, Stellantis has initiated legal proceedings against the United Auto Workers (UAW). This lawsuit represents a significant moment in the ongoing struggle between the transatlantic automaker and American labor representatives, highlighting the complexities and challenges inherent in labor relations within
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In a surprising turn of events, General Motors (GM) has found itself navigating the treacherous waters of production disruptions due to the recent impacts of Hurricane Helene. The automaker has ceased operations at two critical facilities that are central to their production of high-margin pickup trucks and SUVs. This situation underscores not only the vulnerability
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The sports business landscape is undergoing a significant transformation, with team ownership increasingly appealing to private equity firms and wealthy individuals. The recent negotiations involving the Miami Dolphins highlight this trend, showcasing how franchise valuations are evolving and how ownership intricacies have begun to incorporate multi-asset investments. This article delves into the implications of these
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As the SUV market continues to expand with more competitors entering the fray, Ford is making significant strides to redefine its large Expedition model for 2025. This overhaul is not merely cosmetic; it represents a firm commitment to enhancing the overall user experience through better design and cutting-edge technological advancements. With the expectations of modern
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In an astonishing expansion of its product offerings, Costco has recently entered into the precious metals market with the introduction of Swiss-made platinum bars. This strategic move not only demonstrates the wholesaler’s ambition but also highlights the growing consumer interest in precious metal investments. The 1-ounce platinum bars are currently priced at $1,089.99 and are
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Pharmaceutical giant Eli Lilly is taking a significant step forward in the realm of drug manufacturing with a groundbreaking investment of $4.5 billion toward the establishment of the Lilly Medicine Foundry. This facility aims to innovate and implement advanced manufacturing methods to enhance the efficiency of drug production. The rationale behind this ambitious venture is
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