
General Motors Delays Michigan Electric Truck Expansion Until Late 2025
Oct 18, 2023 10:28 am UTC| Business
General Motors revealed this week that it will postpone expanding its electric truck production in Michigan. The automaker said it may take a year before it can resume and proceed with the expansion. This means that...

Microsoft, Amazon Inks Over $1 Billion Deal for Cloud-Based 365 Suite
Oct 18, 2023 10:12 am UTC| Business Technology
Microsoft and Amazon are set to join forces as Amazon.com becomes a prominent client for Microsofts cloud-based 365 productivity suite. This deal, valued at over $1 billion, signifies a significant dynamic shift between...

Nvidia, Foxconn Partner to Build AI Factories Targeting Autonomous Vehicles
Oct 18, 2023 09:56 am UTC| Business Technology
Taiwans Foxconn, the worlds largest contract electronics manufacturer, announced its collaboration with Nvidia, the leading chip company, to construct cutting-edge AI factories. These factories will employ Nvidia chips and...

Victoria’s Secret, Pink Releases Adaptive Intimates for Women with Disabilities
Oct 18, 2023 09:35 am UTC| Business
Victorias Secret announced it will now produce and sell intimate apparel specially designed for women with disabilities. This line has been called the Adaptive Collections and is a first of its kind from VSCo. According...

Amazon, Expedia, Tripadvisor, and Others Form Coalition for Trusted Reviews to Combat Fake Feedback
Oct 18, 2023 09:29 am UTC| Business
Amazon, Glassdoor, Trustpilot, Expedia Group, Booking.com, and Tripadvisor announced the establishment of the Coalition for Trusted Reviews. This group seeks to safeguard access to reliable consumer reviews on a global...

Wyndham Refuses Choice Hotels’ Unsolicited $9.8B Buyout Bid
Oct 18, 2023 09:19 am UTC| Business
Wyndham Hotels Resorts reportedly declined a $9.8 billion acquisition bid proposed by Choice Hotels. The New Jersey-based hotel chain company was said to have turned down the proposal as soon as the latter publicly...

Tupperware Appoints New CEO; Stocks Surge 12% Amid Executive Reshuffle
Oct 18, 2023 08:48 am UTC| Business
Tupperware Brands Corporation announced the appointment of Laurie Ann Goldman as its new chief executive officer on Wednesday, leading to a 12% increase in its share price. CNN Business reported that the 60-year-old new...