Ford and VW-backed Argo AI launches fully driverless car service in Miami and Austin
Ford and VW-backed self-driving car company Argo AI is removing safety drivers from its ride-hail cars in Miami and Austin as part of a new test of the technology.
Netflix lays off 150 employees amid subscriber losses
Netflix said layoffs were primarily driven by "business needs" and would affect "mostly U.S.-based' personnel.
Disney announces new 2022 LGBTQ+ clothing collection for kids
Disney released a new Pride clothing collection for children as the company is caught up in controversy over its opposition to Florida's parental rights law.
Coca-Cola to introduce bottles with attached lids
Coca-Cola Great Britain said it will introduce packaging with attached bottle caps to ensure that customers can easily recycle the entire package.
Netflix lays off 150 employees amid subscriber loss
Streaming giant Netflix said it has laid off about 150 employees, mostly in the United States, as the service contends with big subscriber losses.
Elon Musk's SpaceX is poised to become the most valuable US startup
Billionaire Elon Musk's SpaceX will likely become the most valuable U.S. startup as its valuation rose to over $125 billion in an ongoing share sale in the secondary market, sources close to the company's valuation told Reuters.
Wendy's, McDonald's lawsuit claims burger ads mislead consumers on patty sizes
Wendy’s and McDonald’s are being taken to court over the size of their beef patties 50 days after similar allegations were made against Burger King.
Disney's 'on probation' amid DeSantis' idea to repeal Reedy Creek Improvement Act, official warns
If Disney "colors outside the lines" amid self-governing status there may be consequences from the Florida legislation, Chief Financial Officer Jimmy Patronis said
US economy heading into downturn, Wells Fargo CEO warns: 'No question'
With the Federal Reserve moving rapidly to tame sky-high inflation by aggressively raising the benchmark federal funds rate, Charlie Scharf said that it is likely there will be some economic fallout.
NASA’s Boeing Orbital Flight Test-2: What to know
NASA's Boeing Orbital Flight Test-2 will launch Thursday aboard a United Launch Alliance Atlas V rocket from Florida's Cape Canaveral Space Force Station.
Elon Musk says he'll be voting Republican in upcoming election, possibly for first time
Elon Musk says he will be crossing the aisle to vote for Republicans in the upcoming elections.
Elon Musk's Twitter takeover: Three more senior employees departing social media platform
Three more senior employees at Twitter left the social media platform on Tuesday, weeks after the company's board accepted Elon Musk's $44 billion bid.
Elon Musk calls on SEC to investigate Twitter's spam, fake account estimate
Musk has put his $44 billion acquisition of the social media giant temporarily on hold as he awaits details supporting Twitter's calculations that spam and fake accounts make up less than 5% of the platform's users.
Walmart shares slide as inflation hits profits
Walmart attributed the profit miss to higher wage expenses as declining omicron cases led to overstaffing, higher inventory and higher costs for shipping, storage, food and fuel due to inflation, which is currently running near a 40-year-high.
Walmart cuts full-year profit forecast as fuel, labor costs spike
The company has fared better than most rivals in maintaining inventory levels due to its massive scale and negotiating power with suppliers, but costs have soared as it expedited shipments and chartered cargo ships to get products on shelves.
Home Depot raises annual sales forecast on steady demand
The company now expects comparable sales to increase about 3% in fiscal 2022, compared to its previous forecast of a slight positive growth.
Elon Musk sets condition for Twitter purchase to go forward
Tesla CEO Elon Musk set a key condition for his pending $44 billion purchase of Twitter to go through: transparency on the number of fake or spam accounts.
Hedge funds drop Netflix shares, other platforms' stocks, as tech sales continue
Hedge funds such as Tiger Global Management, Winslow Capital Management, and Scopus Asset Management sold all their shares of Netflix ahead of the company announcing in March its first loss of subscribers in more than 10 years.
Walmart stores expected to post high shopper traffic amid deepening inflation pain
Walmart Inc is expected to show a steady rise in gross margins and revenue when it reports first-quarter results on Tuesday as price conscious shoppers, feeling the strain of persistent inflation, increase visits to the low-cost retailer.
DeSantis suggests state will assume control of Disney World's Reedy Creek Improvement District
Florida Gov. Ron DeSantis said Monday that the state government will likely assume control of Disney World's Reedy Creek Improvement District after he signed a bill dissolving the private government last month.



















