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Boeing to cut 17,000 jobs as losses deepen during factory strike

October 14, 2024
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Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. Boeing expects to

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AMD launches AI chip to rival Nvidia’s Blackwell

October 10, 2024
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AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will

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TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties

October 10, 2024
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TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and financial regulators for failing to

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DOJ and FTC warn consumers of fraud and price gouging risks ahead of Hurricane Milton

October 10, 2024
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As Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price gouging and collusion that accompanies major natural

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GM ditching ‘Ultium’ name for batteries and tech amid EV changes

October 10, 2024
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DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it rethinks its EV and battery operations. The

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Boeing withdraws contract offer after talks with union end without a deal

October 10, 2024
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Boeing withdrew a contract offer for 33,000 machinists who have been on strike since mid-September, and said further negotiations “do not make sense at this point.” The machinists walked off the

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Amazon same-day prescription delivery expanding to nearly half of U.S. in 2025

October 9, 2024
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Amazon plans to bring same-day prescription delivery to 20 more cities next year, the company said Wednesday, marking the latest phase of its push into health care. As part of the

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Walmart-owned Sam’s Club tests a future without checkout lines

October 9, 2024
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GRAPEVINE, Texas — When shoppers walk into Sam’s Club’s newest store, they’ll soon see a shiny blue Mercedes-Benz SUV, a sectional sofa and zero checkout lanes. Welcome to the Walmart-owned membership

Boeing to cut 17,000 jobs as losses

AMD launches AI chip to rival Nvidia’s

TD Bank pleads guilty in money laundering

DOJ and FTC warn consumers of fraud

GM ditching ‘Ultium’ name for batteries and

Boeing withdraws contract offer after talks with

Amazon same-day prescription delivery expanding to nearly

Walmart-owned Sam’s Club tests a future without

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