New US cars will be required to have automatic emergency braking in 5 years
“We’re living through a crisis in roadway deaths,” Transportation Secretary Pete Buttigieg said in an interview. “So we need to do something about it.”
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Migrants hit by high fees to send money home
Sending money across borders, particularly in Africa, can still be expensive.
Southwest Airlines launches compensation program for flight delays after 2022 meltdown
The airline agreed to the compensation program after the holiday meltdown that resulted in 16,900 flight cancellations and stranded 2 million passengers. The settlement included a $35 million cash fine.
'Brexit trade checks will cost me £200,000 a year'
Firms warn of higher costs but the government says its new border model will improve biosecurity.
A racist AI deepfake framed a high school principal
Baltimore County Police arrested the former athletic director of Pikesville High School on Thursday, alleging he used an AI voice clone to impersonate the school’s principal, leading the public to believe Principal Eric Eiswert had made racist and antisemitic comments,
Check out this new drone for painting over graffiti
A drone that paints over graffiti has been launched in Washington state under a new pilot program, according to a press release from the Washington State Department of Transportation (WSDOT). And if the new spray drones succeed, one could easily imagine other municipalities
Paramount stock pops on big sports and Super Bowl gains
All eyes may be on the reigns of power changing hands at Paramount Global, but that’s not stopping the media company from adding millions of new subscribers who are interested in one thing: sports. Read more...
Boeing is borrowing $10 billion as it burns cash fixing its issues
Boeing successfully raised $10 billion from public credit markets Monday, Bloomberg reports . The cash comes at a critical time when the company is still struggling to clean up the mess from its 737 Max 9 door plug blowout in January and get its production numbers back up to
Oldsmobile died 20 years ago. Here are the 15 greatest gifts it gave auto enthusiasts
Once the largest division of General Motors, the Oldsmobile dream was killed off at 107 years old, on April 29, 2004, a full 20 years ago today. While the brand was largely seen as a stodgy, outdated, and unprofitable liability by the time GM ended it, the automaker was
The Horsehead Nebula looks unreal in this new Webb telescope image
The Webb Space Telescope has given us another cosmic treat. The young observatory captured a closer look of the ethereal clouds of dust and gas that form a nearby nebula, illuminated by a companion star in the constellation Orion. Read more...
OpenAI is swallowing up news content from publishers who want some ChatGPT love
The Financial Times announced a deal with OpenAI on Monday to license its world-class journalism for training and informing ChatGPT’s models . It joins Axel Springer and the Associated Press who struck similar deals, where OpenAI reportedly offers millions for the right to use
Big CEOs save big bucks on their private plane perks
It’s hardly a secret that many executives in corporate America make personal use of corporate jets. But a Wall Street Journal analysis shows that they’re doing it way more than they used to. Read more...
Paramount Global ousts CEO Bob Bakish, replaces him with trio of execs as it eyes Skydance merger
The move comes as Bakish has clashed with Paramount controlling shareholder Shari Redstone.
WeWork rejects Adam Neumann’s $650M bid, reaches bankruptcy deal with creditors
Neumann and his new company, Flow Global, have argued that WeWork is selling its equity to "hand-picked" insiders instead of trying to get the highest bid.
Paramount Global CEO Bob Bakish is stepping down
Paramount Global, the parent company of CBS and MTV, announced late Monday that CEO Bob Bakish is stepping down from his role. Read more...
‘Fearless Girl’ sculptor, State Street settle lawsuit over sale of replicas
State Street sued Visbal in February 2019, saying her replicas undermined its message that responsible companies support gender diversity, and female leaders help them perform better.
Some of the popular weight loss drug Wegovy is back on shelves after a shortage, the FDA says
A dose of Wegovy’s highly-coveted weight loss drug is no longer in limited supply, according to Food and Drug Administration (FDA) drug shortage database . Read more...
The Dow takes a break as earnings season ramps up
U.S. stocks started the week on a quiet but positive note as a slew of companies prepare to release quarterly earnings. The list of companies reporting earnings this week includes Apple, Amazon, Advanced Micro Devices, Super Micro Computer, MicroStrategy, Coinbase, Novo
Verizon, AT&T, T-Mobile, and Sprint just got fined almost $200 million for sharing customer data
Federal regulators fined four major wireless providers — Verizon, AT&T, T-Mobile, and Sprint — almost $200 million for sharing customer’s location data without their consent. Read more...
How California’s minimum-wage law could shrink the Subway sandwich chain to its smallest size in decades
"You'll see a lot more people deciding to close when their leases expire," a California franchisee said, explaining that Subways lease their spaces usually with five-year options.
Elon Musk teases X TV in latest bid to make social media platform ‘the everything app’
A 12-second clip Musk shared to X showcased the forthcoming network's logo for the first time as it flashed across a stack of old televisions.
WeWork's new restructuring could help it fund its Chapter 11 bankruptcy exit
Co-working space company WeWork may be close to clawing its way out of financial ruin after reaching a deal with backers that would fund its exit from Chapter 11 bankruptcy. Read more...
Lawmakers want to ban Wall Street from buying up more single-family homes across the US
Democrats in the Senate and House have reportedly sponsored legislation which would force large owners of single-family residences to sell their swath of homes to family buyers.
Thousands of frozen pizzas sold at Walmart recalled over deadly allergen risk
More than 8,000 boxes of frozen meat pizza sold at Walmart were recalled because of misbranding and undeclared allergens that could prove fatal, the US Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced. The frozen pizzas made by meat processing
The yen rebounded after hitting its lowest level in decades. What happened?
The Japanese yen is making headlines in the financial world. Read more...
Tesla's Chinese rival Xiaomi has already built 10,000 SU7 electric sedans
Getting into the car-making business, especially when it comes to electric vehicles, is no simple task — just ask Apple . But Xiaomi, a Chinese technology giant known primarily for its smartphones, is notching milestone after milestone. Read more...
A Tesla employee slept in his car and showered at the factory to work more. He got laid off
Tesla laid off at least 10%of its workforce earlier this month, and in typical Tesla fashion, the Texas-based automaker made sure the layoffs were done in an organized fashion with plenty of communication and a clearly defined strategy. Just kidding. The layoffs were so poorly
Philips settled a breathing machine recall case and it sent the stock soaring
Philips stock soared nearly 30% on Monday to over $27 after the the Dutch medical device maker announced it has agreed to pay $1.1 billion to resolve personal injury litigation and a medical monitoring class action lawsuit related to its ongoing recall of sleep apnea machines.
Vinted makes first profit on used fashion
The second-hand fashion marketplace is the first of the new "pre-loved" clothing platforms to make a profit.
