Apple is a company known for its independence in designing nearly all the components used in its devices, giving it a competitive edge. While Apple does not manufacture these components itself, it partners with specialized firms like TSMC. These manufacturers ...

Southwest Airlines pilots have voted to authorize a potential strike, adding another challenge to what has already been a difficult year for the airline. The union hopes this vote will increase pressure in the ongoing contract negotiations, which have been ...

Peloton is recalling 2.2 million exercise bikes due to a risk of the seat post breaking, and owners are advised to “immediately stop using” the bikes until they are repaired. The recall impacts the Peloton model PL01, which was sold ...

Twitter may introduce encrypted direct messages on Wednesday, according to Elon Musk, as the CEO revealed plans to enhance the social media platform’s communication features. In a tweet late Tuesday, Musk stated that the latest version of the Twitter app ...

Companies building electric-vehicle components in Canada won’t necessarily receive the same large subsidy package that Volkswagen did, Prime Minister Justin Trudeau indicated in late April. Canada agreed to subsidize the German automaker’s electric-vehicle battery production with up to $13 billion ...

The Food and Drug Administration (FDA) has recalled over half a million Covid tests due to concerns about bacterial contamination. The FDA announced that it “has significant concerns of bacterial contamination” in the test kit solution of certain Pilot COVID-19 ...

On Monday, luxury goods conglomerate LVMH achieved a significant milestone by becoming the first European company to exceed a market value of $500 billion. LVMH, which is the parent company of renowned brands such as Louis Vuitton, Moët & Chandon, ...

Jeff Shell was removed as CEO of NBCUniversal following an internal investigation into his relationship with Hadley Gamble, an overseas correspondent. In a securities filing released Monday, Comcast disclosed that the company had received a complaint regarding “inappropriate conduct,” including ...

Apple has revealed plans to increase the use of recycled metals in its products. By 2025, the company aims to use 100 percent recycled cobalt in the batteries it designs. Additionally, it plans for all magnets in its devices to ...

Walmart is set to close half of its stores in Chicago, marking a significant shift from its high-profile commitment in 2020 to expand in the city as part of its corporate racial justice initiative following George Floyd’s murder by police. ...