Business

The landscape of autonomous vehicle technology has always been marked by its rapid changes and tumultuous shifts. The latest seismic event in this sector is General Motors’ (GM) decision to lay off approximately half of its workforce at Cruise, its now-defunct robotaxi business. This article examines the implications of these layoffs, delving into the reasoning
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In a climate of geopolitical tensions, the entertainment industry, particularly Hollywood, is feeling the squeeze of new import tariffs initiated by President Donald Trump. With Canada, affectionately dubbed “Hollywood North,” serving as a critical partner for U.S. film and television production, the effects of these tariffs could reverberate through the entire cinematic landscape. For decades,
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In a significant move to enhance aviation safety, the Federal Aviation Administration (FAA) has announced new restrictions on helicopter traffic surrounding Ronald Reagan Washington National Airport, following a catastrophic collision involving an Army Black Hawk helicopter and an American Airlines jetliner earlier this week. This incident, which resulted in the loss of all personnel aboard
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On a fateful Wednesday evening, an American Airlines regional flight encountered a catastrophic incident, raising grave concerns over air safety protocols and emergency preparedness in the United States. The collision, which involved an American Eagle Flight and a U.S. Army Black Hawk helicopter, marks a significant moment in aviation history—being one of the most serious
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In a significant move highlighting the evolution of satellite technology and commercial space endeavors, Planet, a leader in satellite imagery and data analysis, recently announced a monumental $230 million contract. This deal marks the company’s largest engagement to date and signifies a strategic push into the satellite services sector. As Planet prepares to roll out
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Starbucks, the iconic coffee chain, is currently grappling with a notable decline in same-store sales, marking the fourth consecutive quarter of downturns. Despite these challenges, the company managed to surpass Wall Street’s earnings expectations. Reported earnings per share (EPS) of 69 cents exceeded estimates of 67 cents, while total revenue climbed to $9.4 billion, outpacing
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In response to emerging challenges and an evolving competitive landscape, JetBlue Airways has initiated an early retirement package for select pilots, as confirmed by the Air Line Pilots Association. This strategic decision highlights the airline’s efforts to mitigate costs while simultaneously seeking novel avenues for revenue generation. The measures come at a time when the
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