Kia Recalls Over 6,000 Telluride SUVs for Seat Belt Defect That Could Increase Injury Risk
Kia is recalling more than 6,000 Telluride SUVs due to a seat belt malfunction that could increase injury risk in a crash.
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AI Remains Top Reason for US Job Cuts for Third Straight Month in May
May payroll reductions totaled 97,006, with AI cited as the leading reason for job cuts for the third consecutive month, accounting for 40% of...
Rivian CEO Takes Different Approach to Humanoid Robots Versus Elon Musk
Rivian CEO RJ Scaringe is pursuing an independent Mind Robotics while Rivian remains a major investor and customer, signaling a distinct approach to humanoid...
Americans Grow More Pessimistic About Finances as Rent and Food Costs Rise, Fed Says
The New York Fed’s May survey reveals rising consumer pessimism, with 13.3% of households feeling worse off and expectations of higher costs in food...
World Cup Economics: How 2026 Redefined Ticketing, Revenue and Global Football Finance
The 2026 World Cup is redefining football economics with dynamic pricing, asset-light hosting, and a global revenue surge.
United CEO Scott Kirby Dismisses Further Airline Consolidation After American Rejection
United Airlines CEO Scott Kirby said he does not expect further U.S.
SpaceX IPO Set Record as It Goes Public on NASDAQ Under New Rules
SpaceX’s IPO introduces a 4% public float while NASDAQ debuts new rules for index inclusion, potentially lifting demand and setting a record for the...
Elon Musk Becomes World’s First Trillionaire As SpaceX Soars In Stock Market Debut
Elon Musk’s SpaceX IPO surged on its first day, sending the tech magnate to trillionaire status as shares priced above expectations and a flurry...
GM Expands Battery Chemistry Push to Grow Data Center, Energy Storage Business
GM is expanding its battery chemistry program and vehicle-to-grid initiatives to capitalize on the growth of energy storage and data centers, while also supporting...
American Airlines Pauses 6 Domestic Routes as Iran Conflict Fuels Jet Costs
American Airlines is suspending six domestic routes for August and September, citing higher jet fuel costs tied to the Iran conflict.