Economy
“Stepping Down: Kyle Vogt Leaves GM’s Robotaxi Unit
Cruise CEO Kyle Vogt has announced his resignation from General Motors’ (GM) robotaxi unit. Vogt, who has been with the company since 2013, is the co-founder and current CEO of Cruise. The news comes less than a year after GM…
Toyota Punished: $60M Fine for Overloading Customers with Loans
Toyota Credit Corp, a business that provides credit to customers from Toyota, has been fined $60 million in civil penalties by the Consumer Financial Protection Bureau. The company was found to have exposed their customers to unauthorized risk, not accurately…
“Warner Bros. Cuts Cost of Max Subscription—the Streaming Battle Intensifies!
As the battle for the streaming wars continues to intensify, companies such as Warner Bros. are starting to respond with competitive pricing strategies. On Thursday, Warner Bros. announced that their Max subscription streaming service is dropping its monthly price by…
“Threat of Mass Exodus at OpenAI as Sam Altman Joins Microsoft
In a stunning development, some OpenAI employees are reported to have threatened to walk off the job if former CEO and President Sam Altman re-enters the company. All of this has occurred after Altman recently joined Microsoft to become its…
“Packed Hotels and Flights, Boomers Galore: Enjoy Affordable Holidays this Year!
The holidays are almost here, which means it’s time to start planning your festive season vacations. With a huge influx of travelers entering different cities, holiday travelers can expect warmer weather, cheaper flights, and plenty of Boomers to share their…
“AI Pioneer Sam Altman Makes Bold Move From OpenAI to Microsoft for Groundbreaking Project
Sam Altman is a well-known entrepreneur, investor, and computer scientist who has recently been hired by Microsoft to lead its new Artificial Intelligence (AI) project. Altman is the former chief executive officer of the San Francisco startup incubator Y Combinator…
“T-Mobile Shocker: Employee Caught Stealing Nudes During Trade-In!
T-Mobile Sued After Employee Steals Nude Images from Customer Phone During Trade-In T-Mobile has been hit with a lawsuit, alleging that one of its employees stole nude images from a customer’s phone during a trade-in process. The plaintiff is a…
“A Bud Light Bed lluminated: Top Anheuser-Busch Executive Departs After Crashing Sales
The Anheuser Busch brewing giant is losing one of its most seasoned and accomplished marketing executives in the wake of a substantial plunge in sales for Bud Light, its signature beer brand. Felipe Szpigel, the company’s Senior Vice President and…
GM Union Members Say ‘Yes!’ to UAW Deal After Heated Vote
On Tuesday, members of the United Auto Workers (UAW) union ratified a new agreement with General Motors (GM) following a contentious vote. The ratification was welcomed by both sides of the union and GM, who have been in negotiations since…
UAW Members Reach Agreement With Detroit’s Big Three – A 4½-Year Contract!
Despite months of negotiating, the United Auto Workers (UAW) and Detroit’s Big Three automakers—Ford, General Motors, and Fiat-Chrysler—finally have an agreement. UAW members voted to ratify a 4½ year contract on Wednesday, October 28th, 2020, that will bring increased wages…