LiveRamp Holdings surged 27 percent in early trading this morning on news that advertising firm Publicis Groupe will acquire the company in an all-cash deal.
CEO of Boeing Dave Calhoun is stepping down at the end of this year as the aerospace giant has dealt with a variety of headline making issues over the last several months. Regulators have been calling for a major shakeup at the company after major manufacturing flaws, one of which resulted in the January 5th mid-flight accident when a door blew off the plane on a new Boeing 737 Max 9 aircraft.
At the GTC A.I. conference last week, Nvidia launched nearly two dozen new A.I. powered, health care focused tools and deals with companies Johnson & Johnson and GE Healthcare for surgery and medical imaging. The move into health care space for the A.I. company is an effort that's been under development for a decade.
A vote was held on Friday to make Trump Media & Technology Group, the parent company of Truth Social, a publicly traded entity. Shareholders voted in favor of merging TMTG with its special purpose acquisition company Digital World Acquisition Corp., a publicly traded shell company.
A total of 318,000 vehicles are being recalled by Stellantis, the parent company of Chrysler and Dodge due to air bag parts that can shatter and cause injuries. Documents regarding the recall posted on the National Highway Traffic Safety Administration website said that affected vehicles' side air bag inflators can explode and hurl shrapnel inside the vehicle.
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Passengers on board the Alaska Airlines Boeing 737 Max 9 that experienced the midair door blowout in January were sent a letter from the FBI informing them they "may be victims of a crime". The letters say that the FBI is currently investigating the case and also reads in part "I'm contacting you because we have identified you as a possible victim of a crime". The letter was sent to them earlier this week coming from the FBI office in Seattle according to attorney Mark Lindquist, who represents multiple passengers.
Lindquist reacted to the news telling cnn "my clients and I welcome the DOJ investigation. We want accountability. We want answers. We want safer Boeing planes and a DOJ investigation helps advance our goals".
the online shopping race is on and it looks like Temu and Shein are gaining on Amazon. According to a report from The Wall Street Journal, the Bezos helmed online retailer is now more concerned with the newer online platforms than they are of Walmart and Target.
February home sales rose for previously owned homes to the highest level in a year. That's a good sign for the home buying market. Existing home sales were up 9.5% last month from the previous month. That's around an adjusted annualized rate of 4.38 million units, according to the National Association of Retailers. This marks the second straight month of sales rising.
440,000 metallic Starbucks branded holiday mugs are being recalled by nestle due to overheating and the ability to break when filled with hot liquid. The U.S. Consumer Product Safety Commission said there have been 12 reported incidences with these mugs overheating causing 10 separate injuries, including severe burns.
