The United Auto Workers announced Monday that employees at each of the Big Three U.S. automakers officially ratified new contracts. It had been clear for several days that the contract would win approval. The union …
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Business
OpenAI employees threaten to quit en masse after former CEO Sam Altman joins Microsoft
by adminThe future of OpenAI appeared in limbo Monday, with hundreds of company employees signing a letter calling on the board to step down after it was unable to reach an agreement to bring back ousted …
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Max, the streaming service previously known as HBO Max, is lowering the price of its ad-supported product over the next week as it tries to win more subscribers to its low-priced, commercial-driven services. From this …
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Business
Amazon says employees who don’t comply with the return to office mandate may not get promoted
by adminAmazon is dialing up the pressure on corporate employees who haven’t complied with the company’s return-to-office mandate. Staffers who don’t adhere to the policy, which requires employees to be in the office at least three days …
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Sean “Diddy” Combs, who settled rape and abuse allegations with the singer Cassie last week, faces growing scrutiny in the midst of his push to refresh and expand a business portfolio he spent decades cultivating. …
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Business
Toyota’s credit business is fined $60M for saddling customers with overloaded loans
by adminThe Consumer Financial Protection Bureau on Monday ordered Toyota’s credit arm to pay $60 million for tricking customers into unnecessary products that it then made unreasonably hard to cancel. The agency said thousands of borrowers …
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Cruise CEO and co-founder Kyle Vogt has resigned from his role at the autonomous vehicle venture owned by General Motors, according to a company statement sent to CNBC on Sunday. Mo Elshenawy, who previously served as …