Lucid Group to Cut Workforce: How Will This Impact the EV Startup Industry?
Lucid Group Inc., a manufacturer of electric vehicles, has announced plans to lay off approximately 1,300...
Adidas and Beyonce Part Ways: What Happened and What’s Next?
Adidas has reportedly ended its fashion collaboration with Beyoncé, according to sources familiar with the matter....
Zerodha’s FY23 Profit Forecast: Up 12%, Despite Potential Intraday Trading Charge Hikes
A recent report by HDFC Securities projects that Zerodha will earn a profit-after-tax of Rs 2,354...
Alibaba to Divide Business into Six Separate Units with own CEOs and Directors
Chinese tech giant Alibaba Group made a significant announcement on Tuesday that it is planning to...
World Bank warns of global economic slowdown to 30-year low by 2030
According to a report by the World Bank titled "Falling Long-Term Growth Prospects: Trends, Expectations, and...
Lyft Appoints New CEO as Ride-Hailing Firm Faces Increasing Pressure
On Monday, ride-hailing firm Lyft announced that its founders, Logan Green and John Zimmer, would step...
IRS Agent Visits Home of Journalist Matt Taibbi After Congressional Testimony
The recent visit of an IRS agent to journalist Matt Taibbi's home on March 9, the...
Chipotle Forced to Admit Wrongdoing in Closing Unionizing Store
According to the Chipotle Union, a store in Augusta, Maine, shut down after employees expressed interest...
Virgin Orbit Announces Extension of Employee Furloughs Amid Financial Woes
Virgin Orbit CEO Dan Hart announced via email to employees that the company would be extending...
S&P 500 Posts Marginal Gains Following First Citizens’ Silicon Valley Bank Deal
Monday's Wall Street trading session resulted in a mixed outcome, with the S&P 500 index experiencing...