Acura has issued a recall of 5,031 vehicles due to a software issue that affects the braking system. According to reports, a software defect in the electronic brake control module can cause the anti-lock brake to falsely activate and release braking pressure. Affected vehicles include all-wheel-drive 2024 Acura ZDX crossover models. Acura will have dealers…
Chevron To Invest $1 Billion in India
Chevron Corp. is an American multinational energy corporation founded in 1849 and headquartered in San Ramon, California. It specializes in oil and gas, as well as hydrocarbon exploration, production, refining, marketing, and power generation, with a presence in more than 180 countries. According to reports, Chevron has announced plans to invest approximately $1 billion USD…
Ghana To Construct a $12 Billion Oil Refinery
Ghana is a country in West Africa, known for its rich cultural heritage, with a population of over 34 million residents as of 2024. It is bordered by the Gulf of Guinea and the Atlantic Ocean, Ivory Coast, Burkina Faso, and Togo. According to reports, the Ghanaian government has started construction of a 300,000 barrel-per-day…
Tesla To Recall 9,136 Vehicles
Tesla has issued a recall of 9,136 vehicles over a trim on the roof that could separate, increasing the risk of a crash. According to the notice from the National Highway Traffic Safety Administration (NHTSA), if the trim’s adhesion to the surface lacks primer, the part could separate from the vehicle over time, creating a…
IHS Towers To Layoff 100
IHS Towers is a telecommunications infrastructure provider founded in 2001. It is the fourth largest independent owner, operator, and developer of shared communications infrastructure in the world, with operations in Africa, Latin America, and the Middle East. According to reports, IHS Towers has announced plans to lay off over 100 employees in the network surveillance…
Johnson & Johnson: $1.7 Billion V-Wave Acquisition
Johnson & Johnson is an American multinational health company founded in 1886 and headquartered in New Brunswick, New Jersey. It develops a range of medical devices, surgical instruments, orthopedic implants, and diagnostic equipment. According to reports, Johnson & Johnson has announced plans to acquire V-Wave for approximately $1.7 billion USD to expand its portfolio in…
GoPro To Layoff 15%
GoPro Inc. is an American technology company founded in 2002 and headquartered in San Mateo, California. It manufactures action cameras and develops its own mobile apps and video-editing software. According to reports, GoPro has announced plans to lay off 15% of its workforce, which amounts to about 139 employees, as part of a restructuring plan…
BMW To Recall 720,796 Vehicles
BMW has issued a recall of 720,796 vehicles in the United States over concerns of a short circuit. According to the notice from the National Highway Traffic Safety Administration (NHTSA), an improperly sealed electrical connector on the water pump may be exposed to water and short circuit, which can potentially cause a fire. Affected vehicles…
General Motors To Layoff 1,000
General Motors, the American multinational auto manufacturing company has announced plans to lay off over 1,000 employees, which amounts to about 1.3% of its global workforce as part of a restructuring initiative. The report further mentions that the restructuring is aimed at streamlining operations and prioritizing investments with the greatest impact. The layoffs will affect…
AMD: $4.9 Billion ZT Systems Acquisition Deal
Advanced Micro Devices Inc (AMD) is an American multinational fabless semiconductor company founded in 1969 and headquartered in Santa Clara, California. It specializes in the design and manufacturing of memory chips and other essential components for computer processors. According to reports, AMD has announced plans to acquire server maker ZT Systems for $4.9 billion as…