Hyundai Pumps Over $900M into Self-Driving Tech, IONIQ 5 Wins Top Family SUV
May 06, 2024 13:03 pm UTC| Technology Business
In a significant move, Hyundai has invested more than $900 million into autonomous driving technologies through its startup, Motional. Concurrently, the Hyundai IONIQ 5 has been acclaimed as the Best Electric 5 Passenger...
ABC News President Kim Godwin Resigns After Three Years
May 06, 2024 10:08 am UTC| Business
ABC News president Kim Godwin is stepping down after three years. She is the first Black woman to be assigned to a chief role in the news division of the ABC television network. Godwin suddenly announced on Sunday, May...
Starbucks Needs to Overhaul US Operations After Disappointing Earnings: Ex-CEO
May 06, 2024 09:44 am UTC| Business
After reporting dismal quarterly earnings and slashing its annual forecast, Starbucks Corporation faces a critical juncture. The coffee giants stocks tumbled over 12%, disappointing investors and stakeholders. GeekWire...
Credit Suisse Chief Ulrich Korner is Reportedly Leaving UBS
May 06, 2024 09:32 am UTC| Business
Credit Suisses chief executive officer, Ulrich Korner, is leaving the Switzerland-headquartered UBS Group. He is reported to be leaving the company in the coming weeks. According to Reuters, Korner is the last CEO of...
Optus Appointed NBN CEO Stephen Rue as Its New Chief
May 06, 2024 09:23 am UTC| Business
Singtel Optus Pty Ltd., a telecommunications company, named its new chief executive officer just months after dealing with a massive outage problem. On Monday, May 6, the company announced the appointment of Stephen Rue as...
Samsung Trails Apple, Remains 2nd in Global Tablet Rankings, Q1 2024
May 06, 2024 09:18 am UTC| Technology Business
In the first quarter of 2024, Samsung emerged as the second-largest tablet manufacturer globally, despite a slight sales decline compared to last year, as the International Data Corporation (IDC) reported. Samsungs...
French Cognac Industry Faces Uncertain Future Amid Chinese Tariffs
May 06, 2024 08:49 am UTC| Business
The French cognac industry, renowned worldwide for its quality and heritage, faces a significant challenge that could reshape its future. Analysts, investors, and industry leaders express deep concerns over the potential...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects