Google-parent stock drops on fears it could lose search market share to AI-powered rivals. Google has begun rolling out its ChatGPT rival, while experts warn that AI could pose an 'extinction' risk for humanity if not used responsibly.
Impact on Businesses and...
McDonald’s is upgrading its burgers with softer buns, gooier cheese, added onion directly to patties on the grill, and more Big Mac sauce. The upgrades were first made in international markets and will be available nationally by early next year.
Changes to...
A study reveals that in 29% of heterosexual marriages, women and men earn about the same. However, despite equal earnings, wives still do more at home, spending 2 hours more per week on caregiving and 2.5 hours more on housework than...
Members of the Patriotic Millionaires propose three changes to the tax code: taxing all types of income equally for high earners, inheriting wealth as income, and taxing the highest earners more. They suggest returning to top rates from the 20th century...
FTC chair Lina Khan warns that AI could “turbocharge” fraud and scams, emphasizing that companies cannot escape liability by claiming their algorithms are a black box. The FTC has substantial authority to crack down on AI-driven consumer harms under existing law.
FTC's...
Black Friday is approaching, with retailers offering significant discounts on various products. The Guardian's Filter has curated the best early Black Friday deals across top-rated GHI Approved homes products, including beauty and hair deals, clothing and shoes sales, and home and...
Volkswagen is facing demands from the IG Metall trade union and workers' council to strike a deal with workers before Christmas. The company has threatened mass layoffs and plant closures if no agreement is reached, but the union and workers' council...
The German economy grew slower than expected in the third quarter, with a 0.1% increase in GDP compared to the second quarter. This growth rate is a concern for economists and policymakers as it indicates that the economy is not recovering...
Germany's Bosch is cutting 5,000 jobs due to the car industry crisis. Other German manufacturers like ZF, Continental, and Webasto have also announced layoffs. The European Union has increased tariffs on Chinese-imported electric vehicles, further exacerbating the crisis.
Industry-Wide Crisis
The crisis in...
Hundreds of Samsung workers in India are protesting, demanding a 50% salary increase over three years and improved working conditions. The strike has led to major disruptions in production at the company's Chennai plant, with Labour Welfare Minister CV Ganesan assuring...