Business

Eastman Kodak Warns That It May Soon Shut Down

CNN Business reports: Eastman Kodak, the 133-year-old photography company, is warning investors that it might not survive much longer. In its earnings report Monday, the company warned that it doesn’t have “committed financing or available liquidity” to pay its roughly $500 million in upcoming debt obligations. “These conditions raise substantial doubt about the company’s ability to continue as a going …

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Musk Threatens To Sue Apple Over App Store Ranking

CNBC reports: Elon Musk on Monday threatened Apple with legal action over alleged antitrust violations related to rankings of the Grok AI chatbot app, which is owned by his artificial intelligence startup xAI. “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal …

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AOL To Finally Pull Plug On Dial-Up Internet Service

The Verge reports: AOL dial-up is ending on September 30th according to a statement posted on the company’s website. It marks the end of the service that was synonymous with the internet for many since its launch in 1991. “AOL routinely evaluates its products and services and has decided to discontinue Dial-up Internet,” reads the statement by the Yahoo-owned company. …

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Lawmakers: New Instagram Map Feature Is Dangerous

Axios reports: Democratic and Republican lawmakers are urging Mark Zuckerberg’s Meta to shut down Instagram’s new map feature, calling it a risk to child safety. Lawmakers in both parties have stepped up pressure on social media companies over child safety, warning that location-sharing tools can expose minors to predators. Instagram lets users share their location on the platform and open …

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Amazon Gives Trump $1B “Coupon” For Cloud Services

Politico reports: Amazon Web Services is giving the Trump administration a $1 billion coupon to use their services for the federal government’s digital transformation and artificial intelligence capacity. The deal, set to run through 2028, is being framed by administration officials as a cornerstone of both the administration’s AI strategy and its broader effort to modernize government IT systems. Federal …

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Tesla Brand Loyalty Cratered After Musk Went MAGA

Reuters reports: Tesla for years had more repeat U.S. customers than any other major automotive brand but its loyalty has plunged since CEO Elon Musk endorsed President Donald Trump last summer. The data, which has not been previously reported, shows Tesla’s customer loyalty peaked in June 2024, when 73% of Tesla-owning households in the market for a new car bought …

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WaPo Trend Alert: Using Chatbots To Write Obituaries

The Washington Post reports: Two days after Jeff Fargo’s mother died, he lay in bed, crying, at home in Nevada and opened his laptop to ChatGPT. Her friends had asked about an obituary, so for nearly an hour he typed about her life: that she had been a single mom in a male-dominated world, that she never got the credit …

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Tesla Ordered To Pay $329M For Fatal Florida Crash

The Washington Post reports: A jury found Tesla partially liable for a fatal 2019 crash in Key Largo, Florida, and slapped the company with $200 million in punitive damages, a stunning rebuke for CEO Elon Musk’s company, which for years has avoided responsibility when its technology is involved in a crash. After less than a day of deliberation, the eight-person …

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Energy Drink Brand Recalled For Containing Booze

The Independent reports: Multiple packagings of High Noon Hard Seltzer are being recalled due to a major labeling issue. The popular drink brand is recalling two lots of its High Noon Beach Variety 12-packs, according to a press release. The recall was issued because some cans, filled with High Noon Vodka Seltzer, were mislabeled as the non-alcoholic Celsius Astro Vibe …

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Procter & Gamble To Hike Prices Due To Trump’s Tariffs

Fox Business reports: Procter & Gamble on Tuesday said it will raise prices on some products sold in the U.S. as it deals with uncertainty over tariffs. Economic volatility and “consumer anxiety” related to President Donald Trump’s tariff policies and immigration crackdown have led consumers to rein in their spending to provide a buffer in their budget, the company’s executives …

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Analysis: United Charges More For People Flying Solo

The Daily Beast reports: United Airlines has resumed their ‘most hated’ policy of charging solo passengers more. Known as the ‘Single Tax Rule,’ an investigation by Thrifty Traveler found that United Airlines charged single passengers more than those traveling in groups by a price premium of at least 8 percent. The investigation searched for flights for one passenger, and compared …

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11 Injured In “Random” Stabbing Spree At MI Walmart

The New York Times reports: A man armed with a folding knife went on a stabbing spree at a Walmart near Traverse City, Mich., on Saturday afternoon, randomly targeting victims, the authorities said. At least 11 people were being treated for injuries at Munson Medical Center in Traverse City, said Megan Brown, the chief communications officer for Munson Healthcare, which …

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Uber To Allow Female Riders To Select Female Drivers

CNBC reports: Uber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety on the ride-hailing platform. The new tool, which the platform will begin piloting next month in the U.S., allows women passengers to match with women drivers when booking or pre-booking rides, and create a preference in their app settings. …

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Dems Blast Delta Over AI-Created “Pain Point” Pricing

Axios reports: Three Democratic senators wrote to Delta Air Lines CEO Ed Bastian Monday to raise concerns about company plans to use AI to set individualized fares, which the airline maintains won’t target customers with offers based on personal details. Sens. Ruben Gallego (D-Ariz.), Mark Warner (D-Va.) and Richard Blumenthal (D-Conn.) wrote that Delta’s personalized “current and planned individualized pricing …

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Coca-Cola To Launch “Cane Sugar” Version Of Coke

NBC News reports: The Coca-Cola Company said Tuesday that it will launch a version of its signature drink made with U.S. cane sugar. The announcement comes days after President Donald Trump posted on Truth Social that he had “been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so.” …

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UK’s Nigel Farage Echoes Trump’s El Salvador Plan

Politico Europe reports: Nigel Farage announced Monday that any future Reform UK government would try to send prisoners overseas to complete their sentences — including to El Salvador. The Reform UK leader said the plan, which echoes one of U.S. President Donald Trump’s own hardline policies, would see up to 10,000 “serious” prisoners serve their time abroad in countries like …

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Stellantis Readies Price Hikes Due To Trump’s Tariffs

The New York Times reports: Stellantis, the maker of Chrysler, Jeep and Ram vehicles, reported a big loss on Monday, which it blamed, in part, on President Trump’s tariffs. The company, which also owns European brands like Peugeot, Fiat and Opel, said it lost 2.3 billion euros ($2.7 billion) in the first half of the year after revenue fell 13 …

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Feds Recall 5 Million Pools Linked To Child Drownings

CBS News reports: The U.S. Consumer Product Safety Commission is recalling roughly 5 million above-ground pools linked to the deaths of nine children over the last two decades. The federal agency said in a recall notice that the pools, which were manufactured in China and sold by multiple U.S. vendors, have a compression strap along the outside that can allow …

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Southwest To End “Open Seating” Policy On Jan 27

CNBC reports: Southwest Airlines passengers will fly in assigned seats for the first time on Jan. 27, the carrier told CNBC. Customers can start buying tickets with assigned seats on July 29. The move ends more than half a century of open seating on the airline, a policy that has set it apart from rivals for decades — along with …

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Musk Announces Children’s Version Of His AI Chatbot

Fox Business reports: Elon Musk, CEO of SpaceX and Tesla, revealed plans Saturday night to release Baby Grok, a kid-friendly version of the AI chatbot Grok. The former head of DOGE made the statement via X, writing, “We’re going to make Baby Grok @xAI, an app dedicated to kid-friendly content.” Baby Grok is reportedly a more kid-friendly version of the …

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