Self-driving tractor-trailers are set to forever to change the trucking industry in the United States. Pittsburgh-based Aurora Innovation is leading the charge, with plans to deploy 20 driverless trucks on Interstate 45 between Dallas and Houston later this year. The company claims these robot-operated semis, equipped with an array of… Read More
CBS Sports announces NFL coverage shakeup
CBS Sports announced Monday that Matt Ryan, who retired last week after a 15-year NFL career, will join “The NFL Today” as a studio analyst, replacing longtime analysts Phil Simms and Boomer Esiason, whose contracts expired after the Super Bowl. Ryan, the 2016 NFL MVP and a four-time Pro Bowl… Read More
Philips pays $1.1 billion to resolve lawsuits over breathing machines
Medical device maker Philips said Monday it will pay $1.1 billion to settle hundreds of personal injury lawsuits in the U.S. over its defective sleep apnea machines, which have been subject to a massive global recall. The Dutch manufacturer did not admit any fault and said it reached the agreement… Read More
Here are the countries that have already banned TikTok
TikTok is in the crosshairs of authorities in the U.S., where new law threatens a nationwide ban unless its China-based parent ByteDance divests. It would be the biggest blow yet to the popular video-sharing app, which has faced various restrictions around the world. TikTok is already banned in a handful… Read More
Gustav Klimt portrait sells for $32 million at Vienna auction
A portrait of a young woman by Austrian modernist artist Gustav Klimt, long thought to be lost, was sold at an auction in Vienna on Wednesday for an impressive 30 million euros ($32 million). The painting, titled “Portrait of Fräulein Lieser,” was one of Klimt’s last works, started in 1917,… Read More
1 in 4 US adults over age 50 have no retirement savings, an AARP study finds
An AARP survey reveals that more than a quarter of U.S. adults over 50 expect never to retire, and 70% are worried about prices rising faster than their income. The research, released on Wednesday, shows that about 1 in 4 older adults have no retirement savings, highlighting the growing concern… Read More
New rule would bar ‘noncompete’ agreements for most employees
U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court. The Federal Trade Commission voted Tuesday 3-2 to ban measures known as noncompete agreements, which bar… Read More
PepsiCo beats revenue expectations as price increases moderate
PepsiCo, the global snack and beverage giant based in Purchase, New York, reported better-than-expected revenue for the first quarter of the year. The company’s revenue rose 2% to $18.3 billion for the January-April period, surpassing Wall Street’s forecast of $18 billion. Sponsored: Could Biden Order Americans to Turn in Their… Read More
This workwear retailer just filed for bankruptcy
Express Inc, a trendsetter of casual office attire founded in 1980, has filed for Chapter 11 bankruptcy protection due to struggles competing with fast fashion brands like Zara and H&M. The Columbus, Ohio-based retailer, which is the parent company of Bonbons and UpWest, also announced plans to sell the majority… Read More
House passes bill to ban TikTok… almost
The U.S. House of Representatives passed a bill on Saturday that would force TikTok’s parent company to either sell the service within a year or cease operating in the U.S. It follows a similar bill from last month, which has a six-month deadline. Sponsored: Man Cancels Knee Surgery After His… Read More
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