Flying car company secures $80M investment for production plans in the US
Samson Sky’s Switchblade Flying Car: A Feasible Future? Ever find yourself stuck in traffic, wishing for a way out? Well, Samson Sky has been working on something fascinating—a flying car called the Switchblade. Imagine driving out of your garage, heading to your local airport, and then, voilà! Wings unfold and it transforms into an airplane. […]
Disrespectful Manager Made Employee Use Personal Credit Card for Company Costs, but Years Later It Paid Off Significantly
Sometimes, careless decisions can lead to unexpected expenses down the line. Take, for instance, a manager who brushed off an employee’s reasonable question about payment methods. The employee followed through and ended up charging a company expense to his personal credit card, only to find that this small action would become quite significant years later. […]
Frozen food company closes California plant, resulting in 260 job losses
A well-known organic-food company is stepping back from its California operations, deciding to close its original factory in Santa Rosa. This move will affect around 260 jobs as part of a significant restructuring plan. Amy’s Kitchen, a family-owned business with annual retail sales near $1 billion, will transition production from Santa Rosa to manufacturing sites […]
Josh Hawley Requests Surveillance Company Leaders To Appear As Sector Under Scrutiny Over Privacy
Senator Hawley Invites Tech CEOs to Discuss License Plate Surveillance Issues On Friday, Republican Senator Josh Hawley from Missouri announced his invitation to technology CEOs to testify before Congress about growing concerns surrounding Automated License Plate Readers (ALPRs) and their implications for mass surveillance. Hawley is currently investigating Flock Safety cameras, particularly focusing on their […]
Amazon stops using cargo company linked to fatal Miami plane crash for now, according to report
Amazon is putting a temporary stop to its partnership with 21 Air, the cargo airline involved in a tragic incident at Miami International Airport last week, which resulted in the deaths of five individuals. This pause follows multiple safety concerns that have surfaced regarding the company. The retail giant confirmed this decision to NBC News, […]
Blizzard, a leading gaming company, faces a lawsuit over sexual harassment claims.
Blizzard Faces Sexual Harassment Lawsuit from Former Employee A former female employee of Blizzard Entertainment has filed a significant sexual harassment lawsuit against the gaming company and its parent firm Activision, known for titles like “Call of Duty.” She claims that during her 14 years in Blizzard’s sound department, starting in 2009, she encountered a […]
TikTok declines Meta’s advertisements calling for the company to participate in important child safety agreement, according to a report.
TikTok Declines Meta’s Ad Proposal on Child Safety Settlement TikTok has reportedly decided not to run advertisements from Meta, the parent company of Instagram, which urged TikTok and YouTube to participate in a significant child safety settlement. Meta’s settlement, valued at $18 billion, is a milestone but comes with some odd conditions. Initially, Meta must […]
Jim Cramer promotes an AI data center stock as a good investment and suggests a price for buying a well-known company.
Investing Club Recap On Friday, during the CNBC Investing Club with Jim Cramer Morning Meeting, several noteworthy items were discussed. The S&P 500 experienced a rise of about 1%, marking a shift after four days of declines. This increase was partly due to lower oil prices, which in turn led to decreasing bond yields. The […]
Argentina Plans to Pursue Legal Action Against Israeli Oil Company in Falkland Islands
Argentina to Pursue Legal Action Against Israeli Oil Company The Argentine government announced on Monday that it plans to file criminal charges against Israeli oil firm Navitas Petroleum due to its role in an offshore oil project related to the Falkland Islands, a territory Argentina asserts sovereignty over. Recently, President Javier Milei indicated that his […]
Lululemon stocks drop 18% as the company lowers its forecasts before the CEO transition
Lululemon is facing a challenging shift in its business trajectory. The company’s shares dropped by 17% on Friday, reaching an eight-year low as disappointing sales in the Americas led to a downward revision of its full-year expectations. This news came just as incoming CEO Heidi O’Neill was preparing to step into her role next Tuesday. […]