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    Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

    by October 22, 2024
    October 22, 2024

    DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and…

  • Business

    Elon Musk, Tesla, Warner Bros. Discovery sued over alleged ‘Blade Runner 2049’ AI ripoff for Cybercab promotion

    by October 22, 2024
    October 22, 2024

    Elon Musk, his car company, Tesla, and Warner Bros. Discovery were sued Monday over their alleged artificial intelligence-fueled copyright…

  • Business

    TikTok parent company dismisses intern who it says ‘maliciously interfered’ with its AI technology

    by October 22, 2024
    October 22, 2024

    TikTok’s parent company says it has dismissed an intern who it found had ‘maliciously interfered’…

  • Business

    Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce

    by October 22, 2024
    October 22, 2024

    LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next…

  • Business

    Disney will name Bob Iger’s replacement in early 2026

    by October 21, 2024
    October 21, 2024

    Disney has tapped James Gorman to replace Mark Parker as the company’s next chairman, effective in…

  • Business

    Chick-fil-A is releasing its own entertainment app, with family-friendly shows and podcasts

    by October 21, 2024
    October 21, 2024

    Chicken sandwiches, waffle fries, milkshakes — and now TV shows and podcasts? Chick-fil-A plans to…

  • Business

    Boeing workers to vote on new proposal that could end strike

    by October 21, 2024
    October 21, 2024

    Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal…

  • Business

    Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues

    by October 21, 2024
    October 21, 2024

    Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its…

  • Business

    Embraer CEO says jet maker studying possibilities for a new aircraft

    by October 21, 2024
    October 21, 2024

    Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building…

  • Business

    CVS replaces CEO as profits, share price suffer

    by October 19, 2024
    October 19, 2024

    Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to…

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