The Carvana father-son duo lost hundreds of millions of dollars in net worth after the seller filed
A prominent used car dealer accused the used car dealer of wrongdoing, causing its stock to plummet. Read more Source link
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At Paramount—as moguls, executives and 3 CEOs battled for control—some employees describe a brutal year
Paramount Global laid off more employees in 2024 than any of its competitors. The bigger showdown is still unfolding. Read more Source link
Alcohol has a clear link with at least 7 types of cancer. Now the Surgeon General wants updated warning labels on the drink
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Steel president praises Biden for blocking $15 billion proposal to hand over US Steel to Japanese firm: ‘Nippon has proven to be a serial trade cheat’
“Allowing him to buy US Steel would give him the opportunity to further destabilize our trading system from within,” said David McCall. Read more Source link
EasyJet is removing paint from planes to offset the CO2 equivalent of a 27kg suitcase
EasyJet uses a “grip” layer instead of a full second coat of paint to achieve a “modest” reduction in carbon emissions. Read more Source link
The cyber truck bomber and the New Orleans terrorist shared several traits in common, including renting a vehicle from Tur and serving on the same military base
Authorities continue to investigate any possible link that the two deceased suspects were co-conspirators who planned coordinated attacks, although nothing definitive has yet been found. Read more Source link
Crystal Ball: Predicting How AI Will Shape Our World in 2025
The rise of artificial intelligence was the biggest story of 2024, and Term Sheet readers seem to think it will be the biggest story of 2025. Read more Source link
Iconic bike maker Brompton has suffered a 99% drop in profits amid the post-Covid cycle industry turmoil
Profits fell to just £4,600 last year as the folding bike brand struggled with copycat competitors and falling demand. Read more Source link
Why American technology ends up being controlled by European regulations
Also: Leadership change targeted, economists worry Trump will slow US economy, Tesla shares fall. Read more Source link
Loom founder reveals painful insecurities after selling startup for $1 billion. — ‘I’m rich and I have no idea what to do with my life.’
The former chief technology officer tried to work with Elon Musk at DOGE for four weeks, but ended up buying a one-way ticket to Hawaii to study physics. Read more Source link