Business

GM-Owned Driverless Car Startup Cruise Faces Setbacks and Controversies San Francisco-based autonomous vehicle startup Cruise, owned by General Motors (GM), has had a tumultuous year marked by setbacks and controversies. The company, which had high hopes for its expansion plans, is now under investigation and faces an uncertain future. In early 2022, Cruise CEO Kyle Vogt expressed optimism about the …

Title: Mega Millions Jackpot Soars to $92 Million Following Tuesday’s Drawing The Mega Millions jackpot has skyrocketed to an impressive $92 million for Friday’s drawing, after no lucky player managed to clinch the top prize in Tuesday night’s draw. With the stakes at an all-time high, anticipation mounts as hopeful players await their chance to win big. The winning numbers …

Walmart Recalls Science Kit Sold on Website Due to Safety Concerns Online retail giant Walmart is recalling a popular science kit sold on its website after safety concerns were raised by the Consumer Product Safety Commission (CPSC). The kit in question is the “Relax 5mm Science Kit, Large Hematite Magnets Magnetic Stones Building Blocks”, exclusively sold on Walmart.com through the …

Title: Pending Home Sales Stagnate in November, but Positive Outlook for 2024 Introduction: According to the National Association of REALTORS® (NAR), pending home sales in November remained unchanged compared to the previous month, signaling a relatively steady market. However, the four U.S. regions experienced a decline in transactions compared to the previous year. Despite this, experts predict an upturn in …

No Winning Ticket for $700 Million Powerball Jackpot in Wednesday’s Drawing In a disappointing turn of events, Wednesday’s Powerball jackpot drawing resulted in no lucky ticket holder claiming the staggering $700 million prize. As avid players eagerly awaited the life-changing announcement, their dreams of striking it rich were temporarily dashed. However, there is still hope on the horizon, as the …

Title: Tech Giants Expected to See Slowdown in 2024, Paving the Way for Smaller Players As the year comes to an end, investors are predicting a soft-landing scenario for the US stock market in 2024. However, this projection suggests that technology giants may not witness the same level of outperformance as they did in 2023, according to analysts at Press …

Title: 6-Year-Old Boy Sent on Wrong Flight by Spirit Airlines Causes Worry and Outrage In a shocking incident that unfolded at Spirit Airlines, a 6-year-old boy was mistakenly put on the wrong flight, leaving his grandmother in a state of concern and fear. The incident sheds light on the airline’s policies and procedures for managing unaccompanied minors. Maria Ramos, the …

Title: Retailers Imposing Fees for Returns Amidst Profitability Concerns In a bid to protect their profitability, retailers are increasingly resorting to charging fees for returns. Prominent brands such as Macy’s, Abercrombie, J. Crew, and H&M have recently integrated shipping fees for mail-in returns, signaling a growing trend in the industry. This move comes as no surprise, as according to logistics …

Title: Store Closures and Openings for Christmas Day 2023 Revealed Word Count: 356 In a yearly tradition, several major retailers and dining establishments have announced their plans for Christmas Day, December 25, 2023. While some locations have decided to give their employees a day off to celebrate the holiday, others will continue to serve customers with reduced operating hours. Leading …

Title: China’s Proposed Gaming Regulations to Impact Smaller Developers, Online Advertising Revenue China’s gaming industry is bracing for major changes as the government proposes new regulations that are expected to have a significant impact on smaller developers and online advertising revenue, according to financial services firm UBS. Online games currently contribute approximately 20% of the online advertising industry’s revenue, making …