Oil prices may briefly reach $100 per barrel due to output cuts and geopolitical tensions, but they are expected to decline by the end of the year due to faster supply growth compared to demand growth, according to a Wall Street analyst.
These Star Wars glow-in-the-dark chopsticks are not only durable and functional but also serve as entertaining decor and make a perfect gift for Star Wars fans.
United Auto Workers President Shawn Fain rejected a 21% pay increase from Stellantis as nearly 13,000 auto workers continued their third day of picketing outside three plants in Michigan, Missouri, and Ohio.
The US FDA has issued a warning against certain eye drops from Dr. Berne's and LightEyez due to microbial contamination, urging consumers to discard them to avoid potential vision-threatening infection.
Comedian Larry David confronted Elon Musk about his support for the Republican Party at a star-studded wedding, asking him how he could vote Republican when he claims to be anti-kid murder.
Volkswagen plans to introduce a production version of the ID. GTI Concept, an electric hot hatch, in 2026 with sales starting in 2027, featuring a front electronic locking differential and a similar size to the concept model.
The U.S. Department of Agriculture has issued a recall on three specific types of raw ground beef produced by American Foods Group due to possible E. coli contamination.
OpenAI has released ChatGPT Enterprise, a version of its ChatGPT tool specifically designed for businesses, offering enterprise-grade security and privacy for businesses looking to leverage generative AI.
MGM Resorts is experiencing "cybersecurity issues" due to a suspected ransomware attack, resulting in silenced slot machines, shut down computer systems, and daily revenue losses of up to $8.4 million.
Arm is aiming to raise up to $4.87 billion in its upcoming IPO, which could value the chip design firm at $52 billion, as it looks to tap into institutional funds and boost investments in research and development, particularly in artificial intelligence.
Electric air taxi company Joby Aviation plans to create up to 2,000 jobs by building its first scaled manufacturing facility in Dayton, Ohio, which is expected to start construction next year and be able to produce 500 aircraft a year by 2025.
Florida is offering a two-week sales tax holiday for purchasing disaster preparedness supplies, including items such as toilet paper, sunscreen, and generators.
Saudi Arabia is reportedly in talks with Tesla to establish a manufacturing facility in the kingdom, as the country aims to diversify its economy away from oil and secure metals and minerals for Tesla's electric vehicles from countries like the Democratic Republic of Congo.
OpenAI CEO Sam Altman has been awarded Indonesia's first "Golden Visa," allowing him to contribute to the development and use of AI in the country while enjoying various benefits such as priority screening at airports and longer stays.
A judge has ruled that Starbucks must face a lawsuit alleging that its "refreshers" drinks do not contain the fruits mentioned in their names and are therefore misleading customers.
American Airlines has been fined $4.1 million by the U.S. Department of Transportation for excessive ground delays that trapped passengers on planes, marking the largest fine of its kind in a decade.
A 14-year-old girl and her family believe that she was targeted by a crew member on an American Airlines flight who taped a phone to the back of a toilet seat in an attempt to record her.
Oil prices ease in Asia as concerns over slow demand from China outweigh fears of tighter supply due to output cuts by Saudi Arabia and Russia.
A Philadelphia cheesesteak restaurant has reopened with armed guards due to the surge in violent crime in the city, aiming to provide a safe environment for their customers.
Shares of Nvidia surged 6.7% to an all-time high after announcing a $25 billion stock buyback plan and reporting record quarterly revenue, driven by strong demand for its AI-focused chips.
The third-largest Powerball jackpot of the year, worth $638.9 million, was won with the numbers 2, 21, 26, 40, 42, and Powerball 9.
Illumina, Inc. has appointed Jacob Thaysen, Ph.D., as Chief Executive Officer, effective September 25, 2023, due to his extensive background and experience in genomics, life sciences, and technology.
Deep fried pho wins the Big Tex Choice Award for Best Taste at the State Fair of Texas, outshining other savory bites according to the judges.
The United Auto Workers union threatens to launch more strikes at General Motors, Ford Motor, and Stellantis plants if "serious progress" is not made in negotiations by Friday.
China plans to launch a $41 billion fund to bolster its semiconductor industry, despite ongoing efforts by the United States and other countries to restrict China's chip production.
Thrive Pet Healthcare announced the closure of Veterinary Specialists & Emergency Services in Rochester due to a lack of ER doctors, leading to concerns about a shortage of emergency veterinary care in the area.
Elon Musk threatens to sue the Anti-Defamation League, accusing them of making unfounded accusations against X/Twitter and causing a loss in advertising revenue.
Elon Musk plans to introduce a small monthly payment system on X (formerly Twitter) to combat bots and generate revenue, following his efforts to monetize the platform and address its financial challenges.
Crypto exchange Binance's Poland entity, Binance Poland, will provide services to residents of Belgium in compliance with regulatory obligations, following an order from the Belgian Financial Services and Markets Authority (FSMA) to stop offering crypto services due to violations of AML and CFT requirements.
The Dow Jones Industrial Average fell after weak economic data from China, while U.S. oil prices rose and Tesla's stock gained due to increased sales in China.
Drug manufacturer Mallinckrodt Pharmaceuticals plans to file for bankruptcy, seeking to pay nearly $1 billion less to a trust as part of a settlement over its role in the opioid crisis.
Stock futures rise slightly as investors prepare for the two-day Federal Reserve meeting, with the central bank expected to maintain interest rates.
Access to Novo Nordisk's weight-loss drug Wegovy in the UK may be easier for those who can afford to pay out of pocket, potentially exacerbating health inequality in a country with high obesity rates and an overburdened state-run health service, according to doctors and medical experts.
Lyft has agreed to pay a $10 million penalty to settle claims by the US Securities and Exchange Commission that it failed to disclose a board director's involvement in the sale of shares to George Soros before its IPO, with Jonathan Christodoro, the director in question, arranging for the sale of 2.6% of Lyft to Soros at a discount to the anticipated IPO price.
Turkish-Dutch Corendon Airlines is introducing dedicated "Only Adult" seating zones on flights between Amsterdam and Curaçao, providing a quiet environment for passengers without children for an additional cost.
Instacart prices its IPO at $30 a share, indicating strong investor interest in new offerings.
Mercedes-Benz unveiled new concept vehicles at the IAA Mobility auto show in Munich, which have a range of over 466 miles on a single charge, surpassing Tesla's current models, while BMW also revealed an electric vehicle with longer range and faster charging in an effort to compete in the growing EV market.
Gold prices rose on Monday, reaching their highest level in nearly two weeks, as the dollar weakened ahead of the U.S. inflation data, which could impact the Federal Reserve's interest rate decision.
The Biden administration is imposing export restrictions on Nvidia's AI computer chips to certain Middle Eastern countries due to concerns that the advanced technology may aid adversaries like China.
Tesla's stock is rising after an optimistic report from Morgan Stanley about Tesla's Dojo supercomputer, which could add about $500 billion in value to the company and potentially become a direct revenue generator.
Vietnam Airlines is set to purchase 50 Boeing 737 MAX aircraft worth $10 billion, which is expected to be signed during President Joe Biden's visit to Vietnam; this move is politically motivated and would replace their current fleet of Airbus A321s.
Cleveland Federal Reserve Bank President Loretta Mester believes that beating inflation will require one more interest-rate hike and then a temporary pause, stating that rate cuts may not begin in late 2024 as previously thought.
Labor Day is a great time to find discounts on office gear, including Steelcase office chairs, Apple AirPods, Sony headphones, Lenovo laptops, LG OLED TVs, and more.
Jelly maker J.M. Smucker is acquiring Twinkie owner Hostess Brands for $5.6 billion, in the latest big food deal driven by the need for growth as pandemic gains taper off.
FuelCell Energy reported a smaller loss than expected but experienced a 41% decline in revenue as module sales dropped.