business
E-Scooters May Have Found a New Market as Getaway Vehicles
Study finds crime rose nearly 18% in some Chicago neighborhoods when rental scooters were introduced. Source link
Palantir Sues CEO of Rival AI Firm, Alleges Widespread Effort to Poach Employees
Lawsuit says Percepta’s chief executive built a “copycat” company after leaving Palantir last year Source link
A Battery Dream That Never Lost Its Charge
A Battery Dream That Never Lost Its Charge Source link
Eli Lilly Reports Dramatic Weight Loss in Next-Gen Obesity-Drug Trial
Eli Lilly said its next generation weight-loss drug retatrutide resulted in significant weight loss and reduced knee pain in a late-stage trial. Source link
Disney to Invest $1 Billion in OpenAI, License Characters for Use in Sora
The three-year licensing deal will let users generate videos of more than 200 Disney, Marvel, Star Wars and Pixar characters. Source link
OPEC Holds Oil-Demand View Steady But Expects Higher Supply From Rivals
The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output hikes in early 2026, but modestly raised its forecast for this year’s supply growth from rival producers Source link
Altria CEO Gifford to Retire in 2026, CFO Mancuso Tapped to Take Over
Altria Group said Chief Executive Billy Gifford will retire in May and named chief financial officer, Sal Mancuso, as Gifford’s replacement. Source link
Trove of Critical Minerals Uncovered in the Utah Desert
Mineral production company Ionic says it discovered 16 different rare earth and critical minerals that will help the U.S. compete with China. Source link
IEA Forecasts Smaller Oil Surplus as OPEC+ Output Declines
The projected surplus has narrowed due to lower OPEC+ production, but a large supply overhang continues to cloud the outlook, the International Energy Agency said. Source link
Schneider Electric Expands Revenue Target, Plans Buyback Program
The company now expects organic revenue growth of between 7% and 10% for 2026 to 2030 and plans a share buyback of up to $4.09 billion. Source link