Fidelity Investments, one of X’s (formerly Twitter) early backers, just delivered another blow to the embattled social media platform’s value. A new filing reveals a staggering 70%+ markdown in Fidelity’s …
Business
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Business
Ground Control to Max: Boeing Requests Inspection for Potential Bolt Issue
by supportby supportA potential spanner has been thrown into the works for Boeing’s 737 Max jets, as the aircraft manufacturer has requested airlines worldwide to conduct immediate inspections for a loose bolt …
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Business
Big Tech’s Billion-Dollar Playground: Study Exposes Social Media’s Profit from Kids
by supportby supportThe candy-colored world of social media hides a bitter truth: children and teens are not just users, they’re highly profitable demographics. A new study from the Harvard T.H. Chan School …
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Business
Empire State of Empty Storefronts: NYC Chain Stores Retreat as Consumers Shift Gears
by supportby supportThe Big Apple might be losing its bite when it comes to national chain stores. A new study from the Center for an Urban Future paints a sobering picture: New …
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Business
Jobless Claims Rise Ahead of the Holidays as Labor Market Faces Headwinds
by supportby supportIn a sign that the labor market is experiencing some turbulence, jobless claims in the United States have ticked up the week before Christmas, according to data from the US …
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Business
NYC Provider, Cerebral, Penalized for Burdensome Cancellation Process
by supportby supportIn a move to protect the rights and well-being of mental health consumers, the New York State Attorney General, Letitia James, has announced that the online mental health provider, Cerebral, …
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Salmon Sanctuary Secured: Biden Administration and Tribes Strike Historic Deal for Pacific Northwest Fishery A beacon of hope has risen for the beleaguered salmon populations of the Pacific Northwest. In …
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Business
Scandal Rocks Toyota Empire: Daihatsu Halts Production Over Decades of Fake Safety Testing
by supportby supportThe Toyota Motor Corporation, renowned for its commitment to quality and safety, is facing a major crisis after its subsidiary, Daihatsu Motor Company, admitted to a shocking deception: falsifying safety …
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In a sigh of relief for Apple and its smartwatch enthusiasts, a federal appeals court has granted a temporary stay on the U.S. International Trade Commission (ITC) ban that threatened …
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Tesla, the pioneering electric vehicle manufacturer, has initiated a recall affecting more than 120,000 vehicles across the United States due to safety concerns regarding door mechanisms. A notification released by …