1 min read
Business

Pilots at Spirit Airlines to be laid off as company delays aircraft purchases

Spirit Airlines recently announced that they will be delaying the purchase of new planes, which will ultimately impact their distribution. The decision comes as the airline faces financial challenges due to the ongoing pandemic.

1 min read
Business

FCC Won’t Block California’s Net Neutrality Law, States Given Opportunity for “Experimentation

The Federal Communications Commission (FCC) has stated that they will not block California’s net neutrality law. The FCC has announced that states have the freedom to “experiment” with their own net neutrality regulations.

1 min read
Business

Elon Musk reveals plans for Tesla robotaxi debut on August 8th

Impact on Transportation Industry
Tesla’s robotaxi is expected to revolutionize the transportation industry by providing an autonomous ride-sharing service. This technology could potentially disrupt traditional taxi and ridesharing services.

1 min read
Business

Levi Strauss Reports Surge in Profits as Direct Customer Sales Soar

Levi Strauss & Co reported a surge in its stock price after raising its profit forecast for the year. The American clothing company cited strong direct customer sales and cost-cutting measures as reasons for the improved outlook.

2 min read
Business

Millions of Hyundai and Kia vehicles with deadly defect still in use on roads

Millions of Hyundai and Kia vehicles that were recalled due to a dangerous defect remain on the road, posing a risk to drivers and passengers alike. These vehicles were recalled for safety reasons, yet many have not been repaired and continue to be driven.

2 min read
Business

Revolutionary Breakthrough: Turning Rocks Into Renewable Energy with Hydrogen Technology

Researchers have recently made a groundbreaking discovery that could revolutionize the renewable energy sector. In a recent study published in the journal Science, scientists have found a way to turn rocks into a sustainable source of renewable energy using hydrogen.