Kamala Harris’ campaign paid Oprah Winfrey’s production company nearly $2.5 million
Vice President Kamala Harris' campaign spent about $2.5 million to Oprah Winfrey's production company for the celebrity-filled town hall, more than double the original estimate. It was initially estimated that Winfrey's company, Harpo Productions, paid about $1 million for her September town hall with talk show legend Harris, but a new report says that amount […]
Company scales back production of $3,500 VR headset amid lackluster sales, customer complaints
They didn't expect this to happen. Apple is significantly reducing production of its initially popular Vision Pro headset, and may even discontinue production of the product by the end of the year, The Information reports. The augmented reality device sold out in pre-sales in January after its Feb. 2 launch, before customers found the expensive […]
Dwayne ‘The Rock’ Johnson addresses rumors he was chronically late to set, allegedly cost production millions
Dwayne “The Rock” Johnson addressed rumors that rocked headlines earlier this year regarding professionalism on film sets. In a profile for GQ magazine, Johnson recalled: of rap Article about his upcoming film 'Red One'. The newspaper claimed in the original film, released in April, that Johnson was “chronically late” to the set, which cost the […]
WNBA undercounted Caitlin Clark’s record-breaking production in mocked social media post
The WNBA posted a post on social media Friday commemorating Caitlin Clark's record-breaking rookie season. However, fans took issue with the post not including Clark's full assist total. “Clark set a single-season assists record with 321 total dimes and also set a single-game assists record with 19 goals against the Dallas Wings,” the post said. […]
GM ending production of Cadillac XT4 to make more Chevrolet Bolt EVs
General Motors announced Thursday that it will end production of the gasoline-powered Cadillac XT4 in January as production shifts to electric vehicles at its Kansas plant. The Detroit automaker is investing $390 million in a Fairfax, Kansas, assembly plant to build the next-generation Chevrolet Bolt EV. GM plans to end production of the Chevrolet Malibu […]
Steven Madden Speeds Up Shifting Production Out Of China Following Trump Victory
According to Bloomberg, Stephen Madden said Thursday that the company is accelerating plans to move production out of China in anticipation of imposing additional tariffs on imports when President-elect Donald Trump returns to office. Ta. The New York-based retailer said on an earnings call Thursday that it plans to reduce products made in China by […]
Ford temporarily pauses production of F-150 Lightning
Boyden Gray PLLC Partner Michael Buschbacher discusses concerns about electric vehicle mandates on “The Bottom Line.” Ford announced Thursday that it will pause production of the electric F-150 Lightning for several weeks due to weak consumer demand for EVs. Automakers plan to idle cars rouge electric car factoryis based in suburban Detroit and has been […]
Harris touts oil production during 2024 run after saying companies need to ‘pay the price’ for climate change
Vice President Kamala Harris has faced criticism for touting oil production under the Biden administration after becoming the Democratic nominee, although she previously called on such companies to “pay a price” for climate change. . While running for president in 2019, Harris told voters she supported the Justice Department investigating oil companies like Chevron and […]
Global water crisis leaves half of world food production at risk in next 25 years | Water
Unless urgent action is taken to protect water resources and stop the destruction of the ecosystems on which our freshwater depends, more than half of the world's food production will be cut short as a rapidly accelerating water crisis hits the planet. It will be at risk of bankruptcy within the next 25 years. experts […]
Boeing to cut 10% of workforce, halt most 767 production amid labor union strike
Peter McNally, head of global analyst at Third Bridge, spoke on “The Big Money Show” about how the Boeing factory workers' strike is impacting business. Boeing plans to lay off 10% of its workforce, or about 17,000 people, and cut production in the coming months as union strikes continue. Chief Executive Officer Kelly Ortberg, who […]