Business

The financial technology sector is currently in the midst of a major crisis, with an $85 million shortfall in funds causing chaos for customers of various fintech firms. The trustee appointed in the Synapse bankruptcy has revealed that there is a significant difference between the amount of money customers are owed and what the partner
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Rivian Automotive has taken a significant step forward in the redesign of its all-electric R1 pickup and SUV models. The 2025 model-year vehicles have been revamped to enhance their range, performance, and computing power. While the outward appearance may not have undergone drastic changes, Rivian has made substantial improvements to over half of the hardware
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An insider has revealed that the PGA Tour and the Saudi-backed LIV Golf are currently engaged in active discussions, a year after initially shocking the world with their proposal to collaborate. The talks between the tour and the Saudi Public Investment Fund, which supports LIV Golf, are described as “extremely active.” The newly formed seven-person
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American Airlines CEO Robert Isom recently extended an offer to flight attendants for an immediate 17% wage increase amidst ongoing contract negotiations. The airline has been in discussions with the Association of Professional Flight Attendants without coming to a resolution, sparking the possibility of a strike. Key issues in the negotiations include pay disparities that
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In a move that has left many subscribers disappointed, Warner Bros. Discovery’s streaming service, Max, announced price increases for its ad-free options. This decision comes amidst a trend of various streaming platforms raising their membership fees. The timing of this price hike, just days before the highly anticipated season two debut of HBO’s “Game of
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Ford Motor’s U.S. new vehicle sales experienced an 11.2% increase last month compared to the same time last year. The impressive growth was primarily driven by a surge in sales of hybrid and all-electric models. Hybrid and all-electric vehicle sales saw a remarkable 65% increase, overshadowing the modest 5.6% rise in sales of Ford’s traditional
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