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Tag: business

Milken Institute's Global Conference Held In Beverly Hills BEVERLY HILLS, CALIFORNIA - MAY 6: Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. The 27th annual global conference explores various topics, from the rise of generative AI to electric vehicle trends and features participants, soccer star David Beckham and actor Ashton Kutcher. (Photo by Apu Gomes/Getty Images)

Laid Off Former Twitter Staffers’ $500M Severance Lawsuit Against Elon Musk Is Dismissed

On Wednesday, a U.S. court dismissed a lawsuit that alleged X-owner Elon Musk withheld at least $500 million in severance pay from thousands of former Twitter employees in a wave of mass layoffs following his acquisition of the social media platform that is now known as “X.”

Read More Laid Off Former Twitter Staffers’ $500M Severance Lawsuit Against Elon Musk Is Dismissed
House Oversight Cmte Holds Hearing On Recent Mass Shootings In Buffalo And Uvalde WASHINGTON, DC - JUNE 08: Rep. Alexandria Ocasio-Cortez (D-NY) speaks during a House Committee on Oversight and Reform hearing on gun violence on Capitol Hill on June 8, 2022 in Washington, DC. (Photo by Andrew Harnik-Pool/Getty Images)

AOC Seeks Impeachment Of SCOTUS Justices Thomas And Alito

United States Representative Alexandria Ocasio-Cortez (AOC) is seeking to impeach conservative U.S. Supreme Court Justices Clarence Thomas and Samuel Alito.

Read More AOC Seeks Impeachment Of SCOTUS Justices Thomas And Alito
ATLANTA, GEORGIA - NOVEMBER 17: An exterior view of the world headquarters for the Cable News Network (CNN) on November 17, 2022 in Atlanta, Georgia. CNN's CEO and Chairman, Chris Licht, has confirmed that the company will begin layoffs in early December. (Photo by Brandon Bell/Getty Images)

CNN Says It Will Cut 100 More Jobs To Better Focus On Its Digital Service

CNN will cut an estimated 100 jobs as part of a new shift in the company to change its operations and strengthen its digital media presence, higher ups told employees in an internal memo viewed by multiple sources. 

Read More CNN Says It Will Cut 100 More Jobs To Better Focus On Its Digital Service
GERMANY-ECONOMY-AUTOMOBILE-AGM-BMW The company logo of German carmaker BMW is seen on a motorbike, pictured on May 10, 2023 in Munich, southern Germany. The shareholders' meeting of the carmaker BMW is to take place in Munich on May 11, 2023. (Photo by Christof STACHE / AFP) (Photo by CHRISTOF STACHE/AFP via Getty Images)

BMW Recalls More Than 390,000 Vehicles Due To ‘Exploding’ Airbag Issue

BMW is now recalling over 390,000 vehicles in the United States, citing the potential for its airbag inflators to explode in some cases.

Read More BMW Recalls More Than 390,000 Vehicles Due To ‘Exploding’ Airbag Issue
NEW YORK, NEW YORK - NOVEMBER 16: Ingrid Ciprian-Matthews attends the 2023 CPJ International Press Freedom Awards at The Glasshouse on November 16, 2023 in New York City. (Photo by Michael Loccisano/Getty Images)

CBS News President To Step Down Amid ‘Racist’ And Discriminatory Hiring Controversies

CBS News president Ingrid Ciprian-Matthews is now stepping down after a number of similar controversies related to accusations of discriminatory hiring and management practices were revealed.

Read More CBS News President To Step Down Amid ‘Racist’ And Discriminatory Hiring Controversies
NEW YORK, NEW YORK - APRIL 29: Traders work on the floor of the New York Stock Exchange during morning trading on April 29, 2024 in New York City. Stocks opened high Monday morning amid a Federal Reserve rate decision and the monthly jobs report later this week. (Photo by Michael M. Santiago/Getty Images)

S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge

The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.

Read More S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge

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