Business

Ford and GM Scale Down Electric Vehicle Investments Amid Policy Shifts

In the face of weak sales and a sweeping reversal in federal policies, major American automakers Ford and GM are changing their plans for electric vehicles.

Cracker Barrel Ditches New Remodels as It Rebuilds Customer Approval

Cracker Barrel has suspended all restaurant remodels in the wake of public criticism over the company’s efforts to modernize its image.
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Elon Musk Could Receive $1 Trillion Over Next 10 Years

Tesla CEO Elon Musk could earn $1 trillion in the next decade under an ambitious compensation plan revealed in newly released company filings.

United Airlines Adding 15 Winter Routes in Case ‘Spirit Suddenly Goes Out of Business’

In response to Spirit Airlines’ announcement on its second Chapter 11, United Airlines is expanding its winter flights to 15 sunny destinations.

Kraft Heinz Announces Plan to Split Into 2 Companies

Multinational food corporation The Kraft Heinz Company will split into two companies in a bid to boost profits and unlock shareholder value.

Amazon Makes Another Effort to Slice Into $1 Trillion Grocery Industry–What to Know

Amazon is expanding its same-day grocery shipping in another bid to capture a bigger piece of the $1 trillion grocery market.

Musk Companies Sue Apple and OpenAI, Allege Monopolistic Practices

Musk’s AI xAI and X Corp. sued Apple and ChatGPT maker OpenAI, alleging monopolistic practices and illegal conspiracy to control AI in smartphone devices.

From Voting Rights to Legal Issues: Five Things You Need to Know About Trump’s Intel Deal

Agreement between the Trump admin and Intel Corp gave the federal govt a 10% ownership stake sparked a rally in shares but drew fire from conservatives.