As spring break approaches, the weekend box office is set to offer a mixed bag of releases. 20th Century Studios’ highly anticipated “Kingdom of the Planet of the Apes” is expected to make a splash with a $50 million-plus opening in May. Meanwhile, A24’s “Civil War” is currently holding the top spot with $27 million
The recent announcement from Andreessen Horowitz about raising $7.2 billion across five different funds signals a wave of optimism in the tech startup world. This news comes at a time when significant exits have been scarce over the past couple of years. The co-founder of the firm, Ben Horowitz, expressed the importance of this milestone
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Republican governors from six states in the US have recently taken a stand against the United Auto Workers’ (UAW) efforts to organize automotive factories in the South. The governors of Alabama, Georgia, Mississippi, South Carolina, Tennessee, and Texas have jointly condemned the union’s push, citing concerns about potential layoffs and decreased future investments. This statement
The U.S. stock market experienced slight gains in volatile trading on Tuesday, with the Dow Jones Industrial Average up by 126 points, the S&P 500 increasing by 0.1%, and the NASDAQ Composite rising by 0.2%. Despite these gains, investors are cautiously weighing Federal Reserve Chairman Jerome Powell’s remarks signaling a need for higher rates for
UnitedHealth saw a significant increase in its stock price, rising by approximately 7% after exceeding revenue expectations in its first-quarter results. This healthcare giant reported a growth of nearly 9% in revenue, reaching $99.8 billion for the quarter. Despite analysts predicting lower earnings per share, UnitedHealth reported an adjusted $6.91 per share, surpassing expectations. Morgan
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Boeing has recently come under scrutiny following allegations made by one of its engineers, Sam Salehpour, regarding the quality and safety of its 787 Dreamliner and 777 aircraft. Salehpour claimed that Boeing took “shortcuts” in production that could potentially compromise the safety and lifespans of the planes. These accusations have raised concerns about Boeing’s safety
Particle Health and Epic Systems are currently embroiled in a dispute over data-sharing practices, with Epic filing a formal complaint against Particle citing concerns about the accuracy of record retrievals. Both companies are members of the Carequality network, which facilitates the exchange of patient information on a large scale. Despite the dispute, Particle Health stated
Tesla executives Drew Baglino and Rohan Patel recently announced their departure from the electric vehicle maker and clean energy company. Baglino, who had been with Tesla since 2006, worked his way up to become the company’s senior vice president for powertrain and energy engineering. Patel, who joined Tesla in 2016 after his role as a
Tesla, the electric vehicle giant, has recently announced that it will be laying off more than 10% of its global workforce in an effort to cut costs and increase productivity. This decision comes as a response to the company’s struggles in the market, with Tesla’s shares taking a 3% dip following the news. The memo