News

Tesla scraps plans for cheap EV model, inside sources claim

L. R.

6 April 2024 - 15:31

Tesla has reportedly canceled plans for its $25,000 electric car. The future of Elon Musk’s company looks blurrier than ever.

41% of CEOs polled see AI cutting jobs

James Hydzik

6 April 2024 - 01:51

A new survey by Adecco points to massive changes in the workplace because of AI technologies. This includes short-term hiring as well as long-term workforce size changes.

Yellen warns against China’s overproduction, foretelling more US restrictions

L. R.

5 April 2024 - 18:33

US Treasury Secretary Janet Yellen said China’s overproduction is putting pressure on other economies.

U.S. job gains surge in March 2024

James Hydzik

5 April 2024 - 16:37

The U.S. job market heated up with 303,000 jobs gained in March, as opposed to an average of 231,000 per month over the preceding 12 months.

Bob Iger won, but Disney’s troubles are far from over

L. R.

5 April 2024 - 16:30

In the recent proxy fight, Bob Iger emerged victorious. However, Disney’s troubles remain potentially debilitating.