News Powered By AI
News Powered By AI
American Express is eliminating 5% of its global workforce and incurring a $336 million restructuring charge to streamline operations and prepare for artificial intelligence deployment across internal processes.
Popular aircraft including Airbus A320neo planes are being dismantled years earlier than expected due to severe shortages of expensive parts, particularly jet engines, forcing airlines and leasing companies to scrap young aircraft for components.
Honda warns that 50% tariffs on Canadian vehicles would be catastrophic for the automotive industry without a new trade deal by year-end.
Mondelēz, owner of Toblerone, is suing British vegan chocolate maker Catherine’s Originals over its O’bar product, claiming it illegally copies the Swiss chocolate bar’s distinctive segmented shape.
Illegal gold mining in South Africa’s abandoned mine shafts has intensified as gold prices rise, creating environmental damage and social conflict, with politicians blaming zama zamas for sinkholes ahead of elections.
Budget-priced vehicles are selling significantly faster than earlier in the year, with cars priced $20,000-$29,999 moving 20% quicker, though overall affordable vehicle sales have declined.
