General Motors has announced a recall of hundreds of thousands of pickup trucks due to tailgates that may unexpectedly open. The recall was initiated because the electronic tailgate release switches...
Abbott Plans $500M Formula Manufacturing Plant
Abbott Nutrition, the largest U.S. formula manufacturer, announced plans to build a $500 million manufacturing facility to boost infant formula supply in the U.S. amid ongoing shortages and recalls....
Airbnb Announces the Winners of $10M OMG! Fund Contest
Airbnb has recently announced the winners of its OMG! Fund, which will award up to $100,000 to each of 100 selected individuals. These recipients, who include developers, DIY enthusiasts, and...
Sony to Launch Electric Vehicle
Sony, a global technology leader, is the first tech company to announce its entry into the automotive industry by launching an electric vehicle company. In March 2022, the company used a Memorandum...
Elon Musk Completes Twitter Takeover, Fires Executives
Elon Musk has completed his takeover of Twitter Inc. and fired several company executives. After the $44 billion deal was finalized on Thursday, October 27, Musk fired CEO Parag Agrawal and CFO Ned...
Despite 2.6% Growth in Q3, Experts Say Recession Looms
The U.S. economy rebounded in the third quarter, following consecutive reports of negative growth in the year's first half. Gross domestic product (GDP) -- the broadest measure of economic activity...
Amazon Allowing U.S. Customers to Pay With Venmo
Amazon is set to roll out a new payment feature on Black Friday, allowing customers to pay for their products using their Venmo account. Amazonโs strategy of introducing the PayPal-owned payment...
Royal Caribbean Announces World’s Biggest Cruise Ship
Royal Caribbean has announced it is building what will become the world's largest cruise ship, fully equipped with the largest waterpark at sea, set to sail year-round out of the port of Miami,...
West Texas Natural Gas Prices Drop Below Zero
Surging production drove natural gas prices in the Permian Basin of West Texas this week to below zero. Gas from the region, known as Waha, began the week trading as low as 20 cents per metric...
Apple Plans to Comply with EU Common Charger Law
Apple Inc. has said it will comply with the new European Union (EU) law mandating that all cell phones have a common charging standard. This new charging standard means all future iPhone products...
Bezos Warns of Economic Storm
One of the world's wealthiest individuals, Jeff Bezos, has warned that the economy is signaling a coming storm. Negative GDP growth, high inflation, and steep interest rate hikes continue to...
Tesla Confirms Plans to Build Lithium Refinery in Texas
Tesla Inc. has confirmed that the company plans to build a lithium refinery along the Texas Gulf Coast. Tesla CEO Elon Musk announced the move during a third-quarter earnings call following a...
Margaritaville Resort Communities Coming to Texas
The plans to open Margaritaville-themed communities across the state of Texas have sped up with the announcement of a Margaritaville resort opening in South Padre in the spring of 2023. Highline...
Apple Launches New iOS 16.1 Software Update
Apple's newest iOS 16.1 software update went live on Monday with several new features that were missing with the launch of iOS 16.0 in September. Apple announced that its iOS 16.1 software would be...
McRib Returns for the ‘Final’ Time
The McDonald's McRib Sandwich will return from October 31 to November 20. After this short period of time, foodies may have to say a final goodbye to the treasured McDonald's menu item. The sandwich...
Twitter Layoff Speculation Looms Amid Musk Takeover
Now that Elon Musk's on-again-off-again Twitter deal is back on, the billionaire's every move is under scrutiny. Most recently, The Washington Post reported that the technology entrepreneur was...
Biden’s Push to Expand ‘Gig Worker’ Benefits
A 184-page proposal from the Biden administration seeks to expand benefits for independent contractors, paving the way to reclassify them as employees. The reclassification would provide this...
American Airlines Drops First-Class On International Flights ย
American Airlines Group Inc. is moving forward with plans to phase out its first-class seating option on international flights in favor of new premium seating for its high-end and business-class...
Controversial Gun Club May Open in Dallas
A firearms and martial arts training facility with a name that continues to stir controversy might open up a location in Dallas. 88 Tactical, headquartered in Omaha, Nebraska, describes itself as an...
Homebuilder Sentiment Drops Amid Real Estate Rut
Homebuilder activity is the latest area to feel the pain from the current headwinds in the real estate market. According to the National Association of Home Builders (NAHB), homebuilder sentiment...
IKEA Self-Driving Truck Delivery Testing to Expand
IKEA is partnering with a self-driving trucking company on a new pilot program that would expand the Swedish retailerโs delivery capabilities between its facilities in Houston and Frisco....