A federal appeals court rejected Johnson & Johnson’s plan to use bankruptcy to end the massive legal battle over accusations that its talc products cause cancer on Monday, but the healthcare behemoth said it will appeal the decision. The company’s LTL Management arm, which was
An emotional “day in the life” video posted on TikTok by a sacked Google employee went viral after it showed her sadness at being one of the 12,000 employees the tech company let go earlier this week. Nicole Tsai, a TikTok “vlogger” from Southern California,
In the fourth quarter of last year, Tesla reported record net income, and the firm forecast that more software-related revenues will keep its margins greater than those of any other carmaker. The Austin, Texas-based producer of solar panels and electric cars reported earnings of $3.69
A men’s and women’s collection from an Italian clothing firm may avoid face recognition technology by fooling the AI-powered system into believing the wearers are animals. For individuals looking to maintain their privacy, Milan-based Cap able recently unveiled its “Manifesto” line of hoodies, jeans, T-shirts,
Impossible Foods said it has had record sales since their artificial meat first appeared on restaurant menus in 2016 and that it is sick of being compared to Beyond Meat, a failing rival. Impossible Foods responded to a Bloomberg Businessweek article from last week that
In case you disagree, Bill Gates seems to think that finding a way to stop cows from burping is a million-dollar concept. The wealthy co-founder of Microsoft allegedly invested money in studies on livestock diet additives and sponsored an Australian firm trying to reduce methane
Reed Hastings, a co-founder of Netflix, said on Thursday that he will step down as CEO and transfer control of the streaming service to Greg Peters, the company’s COO, and Ted Sarandos, his longstanding business partner and co-CEO. In after-hours trading, the company’s shares, which
Fired According to a reported complaint from Amazon employees, the e-commerce behemoth used email to notify them that they were no longer required by the business. According to Insider, at least five of the workers who lost their jobs on Wednesday claimed they got a
Following a devastating hurricane season last year, an early frost, and a disease that is rapidly spreading and suffocating orange fields, orange juice prices in Florida are on the rise. According to a Wall Street Journal study, retail prices recently reached record highs of $6.27
The billionaires attending this week’s World Economic Forum in Davos have come under fire from Greenpeace for promoting their efforts to combat climate change while flying in private aircraft that emit carbon dioxide. In a statement, Greenpeace representative Klara Maria Schenk noted that “Europe is
Toy costs reached historic lows over the holiday season, and 2023 holds up the possibility of even greater savings for shoppers at the expense of toy retailers. Despite having a reputation for being recession-proof, the toy business is currently facing a perfect storm of problems,
Don’t feel too bad for Apple CEO Tim Cook, who voluntarily took a 40% compensation decrease this year in reaction to shareholder anger over his 2022 remuneration. In 2023, Cook, whose net worth was estimated by Forbes to be approximately $1.7 billion, will earn a
Sandwich, a massive fast food chain, is apparently looking at a possible sale that might fetch more than $10 billion. According to people familiar with the matter, the privately held sandwich producer is still in the early phases of the process and has hired advisers
Even on the Hawaiian island he owns, one of the richest men in the world could not get away with speeding. According to bodycam footage obtained this week, tech billionaire Larry Ellison confessed to breaching the law after being stopped on the island of Lanai
Despite an average luxury automobile price of $534,000 and a decline in Chinese demand, Rolls-Royce reported record sales last year on Monday, with orders going as far out as 2023. The British automaker announced that it sold 6,021 cars in 2022, up from 5,586 in
We have a nice treat for you if you enjoy playing with your food. More than just its distinctive flavor selections, Dylan Lemay’s viral TikTok success Catch ‘N Ice Cream offers something for everyone. The 25-year-Noho old’s parlor has gained notoriety for hurling ice-cream scoops
An influential Wall Street analyst claims that Amazon founder Jeff Bezos could “do a Bob Iger” and return in 2023 to save his struggling e-commerce company as it battles declining revenue and massive layoffs. Under the direction of Bezos’ successor, Andy Jassy, Amazon is currently
The Post has learnt that billionaire James Dolan has discreetly moved to put the luxury Tao nightclub and restaurant chain up for auction. Insiders have indicated that this action appears to be a desperate attempt to get money for a project that is costing his
The parent company of Facebook and Instagram, Meta, was fined $414 million by EU authorities on Wednesday for breaking privacy laws, potentially dealing a fatal blow to the social media corporation’s lucrative digital advertising strategy. The General Data Protection Regulation, or GDPR, was broken by
According to The Post, a dog food manufacturer with a history of recalling contaminated products is accused of sickening hundreds of pets and recently causing the death of a cherished Pekingese. Pet owners on message boards and food and safety watchdogs have criticized the $3
