World and Business

A Delaware judge has dealt a significant blow to Elon Musk and Tesla, upholding a prior ruling that invalidates Musk’s multibillion-dollar compensation package. The decision, issued by Chancellor Kathaleen St. Jude McCormick on Monday, requires Tesla to cancel the controversial agreement, intensifying an already high-stakes legal battle for the electric vehicle giant and its CEO. […]

In a testament to resilience and determination, Irish organic yogurt producer Glenisk is navigating the challenging aftermath of a devastating fire that razed its main production plant in 2021. Despite a commendable 49% surge in revenues—from €11.67 million to €17.4 million—the company reported a pre-tax loss of €1.38 million for 2023. This financial setback underscores

In a surprising shakeup for the automotive industry, Stellantis CEO Carlos Tavares has stepped down, marking the end of an era for the world’s fourth-largest automaker. The company, which oversees iconic brands like Jeep, Peugeot, Ram Trucks, and Alfa Romeo, announced the resignation on Sunday, citing a breakdown in alignment between Tavares and the board.

Germany’s iconic automaker, Volkswagen AG, is facing a major labor crisis as workers at nine car and component plants launched coordinated strikes on Monday, December 2. The strikes, lasting several hours, have brought production lines to a standstill and intensified a heated standoff between management and labor unions over the future of the company’s German

In a significant move for the artificial intelligence (AI) landscape, Nebius Group (NBIS) announced a $700 million private placement on Monday, with major players like Nvidia (NVDA), Accel, and Orbis Investments leading the charge. This capital injection underscores the growing importance of AI infrastructure and the confidence global investors have in Nebius’s vision. A Rising

Palantir Technologies Inc. (NYSE: PLTR) has been one of 2024’s standout performers, riding the wave of artificial intelligence (AI) to a jaw-dropping 290.7% year-to-date (YTD) gain. With its cutting-edge Artificial Intelligence Platform (AIP) revolutionizing how businesses tackle challenges like supply chain disruptions and inefficiencies, the Denver-based company has cemented its place as a leader in

In a significant food safety alert, cucumbers imported to the U.S. and Canada, along with organic eggs sold in Costco stores across five southern states, were recalled this week due to potential salmonella contamination. The recall has raised concerns among consumers and health officials alike, prompting immediate action to mitigate the risk of further illness.

Ford Motor Company (NYSE: F), one of the oldest names in the automotive industry, continues to capture the attention of investors. With its 100-year legacy and deep roots in the auto market, it’s easy to see why investors might be drawn to its stock. But is Ford a good buy today? Let’s dive into three