United Parcel Service, Inc. (UPS), originally known as the American Messenger Company, is a multinational shipping, receiving, and supply chain management company founded in 1907. UPS is one of the world’s largest shipping couriers and is headquartered in Sandy Springs, Georgia. According to recent reports, UPS has announced plans to lay off 12,000 of its…
Toyota Recalls 50,000 Vehicles
Toyota has announced a recall of 50,000 vehicles in the United States due to faulty airbag inflators. The report mentions that, deployed airbags are likely to explode and shoot sharp metal fragments, which could result in injury or death. More than 30 deaths have been linked to airbag inflators produced by Takata since 2009. The…
Tesla To Recall 199,575 Vehicles
Tesla has issued a recall of 199,575 vehicles due to a software glitch that may prevent the rearview camera from displaying. According to the notice from the National Highway Traffic Safety Administration (NHTSA), the affected vehicles will have a blank display when entering reverse, which may affect the driver’s visibility and increase the risk of…
Business Insider to Layoff 8%
Business Insider is an American multinational financial and business news website. Its parent company is Insider Inc., a subsidiary of the German publisher Axel Springer SE, the largest mass media publisher in Europe. Business Insider was founded in 2007, with its headquarters in New York City. According to recent reports, Business Insider will lay off…
Microsoft To Layoff 1,900 in Gaming Division
Microsoft, the multinational technology company, has announced its plans to lay off 1,900 employees in its gaming divisions, Activision Blizzard and Xbox. The layoff is a result of a strategic measure aimed at establishing a cost-effective structure following the $68.7 billion USD acquisition of Activision Blizzard in 2023. The president of Blizzard, as well as…
Kia Recalls 101,000 Vehicles
Kia has issued a recall of over 101,000 vehicles due to a potential hazard with the roofs of the vehicles. According to the notice from the National Highway Traffic Safety Administration (NHTSA), detached roof molding can create a road hazard for other vehicles, increasing the risk of a crash. The report further mentions that the…
Ford Recalls 1,889,110 Vehicles
Ford has issued a recall of 1,889,110 vehicles due to concerns that a clip holding the windshield trim in place may detach while driving, causing a trim piece to come off. According to the notice from the National Highway Traffic Safety Administration (NHTSA), a clip on the affected vehicles can come loose and cause the…
Los Angeles Times to Layoff 115
The Los Angeles Times, formerly known as ‘The Los Angeles Daily Times’, is an American daily newspaper. Founded in 1881, with its headquarters in California, it is the largest newspaper in the western United States and the sixth largest by circulation in the country. According to recent reports, the Los Angeles Times announced plans to…
Colombia: $27 Million cocaine seized
The Republic of Colombia is a tropical equatorial country located in South America, with over 52 million residents as of 2023. Colombia is bordered by the Caribbean Sea, Venezuela, Brazil, Ecuador, the Pacific Ocean, and Panama. According to recent reports, about 800 kg of cocaine valued at $27 million USD was confiscated onboard a semi-submersible…
Riot Games to Layoff 530
Riot Games Inc., a subsidiary of Tencent since 2011, is an American video game developer, publisher, and esports tournament organizer. It was founded in 2006 and is headquartered in Los Angeles, California. According to recent reports, Riot Games will lay off 530 employees, which amounts to about 11% of its global workforce. This change is…