Business

Tornado Hits Rivian Plant Ahead of R2 Launch

EF-1 storm damages Normal, Illinois facility Rivian confirmed that its manufacturing complex in Normal, Illinois was struck by an EF-1 tornado over the weekend, causing structural damage to part of...

Ukraine’s Robots Are Rewriting Warfare

Surrender to machines, not soldiers The image is timeless: enemy troops raising their hands in surrender. But on a...

Red Hair Gene Shows 10,000 Years of Selection

Evolution still shaping modern humans A sweeping genetics study suggests that human evolution has not slowed in recent millennia....

DJI Unveils Osmo Pocket 4 With Major Upgrades

Launch skips the U.S. market DJI has officially introduced the Osmo Pocket 4, the latest version of its compact...

Study Finds Cannabis May Increase False Memories

Researchers Examine THC’s Impact on Memory A new study from Washington State University suggests that cannabis may not only...
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Affirm Teams Up with JPMorgan to Expand BNPL Services

Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants...

Seven & i Appoints First Foreign CEO Amid Takeover Battle

Seven & i Holdings, the Japanese operator of 7-Eleven, has appointed its first foreign CEO as it seeks to fend off a $47 billion...

Eli Lilly Invests $27 Billion in U.S. Manufacturing Expansion

Eli Lilly announced on Wednesday a $27 billion investment to build four new manufacturing sites in the U.S., marking the largest pharmaceutical expansion in...

Apollo Global Buys Bridge Investment for $1.5 Billion in Stock

Apollo Global Management Inc. has agreed to acquire Bridge Investment Group Holdings Inc. in an all-stock transaction valued at approximately $1.5 billion. Under the...

Mercedes-Benz Focuses on Cost-Cutting and Combustion Engines

Mercedes-Benz (MBGn.DE) announced on Thursday that it will implement further cost-cutting measures and prioritize petrol and diesel vehicles over electric vehicles (EVs) in its...

Abbott Forecasts 2025 Profit in Line With Estimates

Strong Device Demand Offsets China and Currency Challenges Abbott Laboratories (ABT) on Wednesday projected its 2025 profit to align with Wall Street estimates, citing strong...