Two Chinese nationals arrested in $73M ‘pig butchering’ crypto scam
US authorities charged two Chinese nationals in a cryptocurrency scam that laundered at least $73 million from defrauded victims, the Justice Department said Friday.
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Fewer crackers in Ritz boxes but price remains same
The 200g packs of Original and Cheese crackers have been replaced by packs weighing 150g and 140g.
Frontier Airlines just ditched fees for changing flights
As the United States government cracks down on junk fees and predatory practices in the airline industry, Frontier Airlines has introduced a series of changes geared towards pricing transparency. Read more...
25-year-old Bank of America trader dies — two weeks after death of Leo Lukenas
“The death of our teammate is a tragedy, and we are shocked by the sudden loss of a popular, young colleague," a spokesman for Bank of America told The Post.
Fed Chair Jerome Powell tests positive again for COVID-19, working from home
Powell, 71, last tested positive for Covid in January 2023.
McDonald’s customers fume at ‘skimpy’ $5 value deal: ‘Only one month? No thanks!’
Social media users lamented the fact that McDonald's offering doesn't include enough food and that the bundle will be available for a limited time.
Boeing boss's $33m pay package approved
Boeing shareholders approved a $33m pay package for outgoing boss Dave Calhoun.
Boeing's outgoing CEO Dave Calhoun has been reelected to the company's board
Boeing shareholders on Friday reelected outgoing CEO Dave Calhoun to the company’s board of directors, beating back an effort to oust him. Read more...
Biden billionaire megadonor Joe Kiani faces ouster from own company over ‘serious concerns’ about conduct
The entrepreneur founded Masimo but its shares have plunged. He could be deposed as chair if a hedge fund has its way. His fortune is a cash spigot for Democrats.
Mercedes-Benz may become the second automaker conquered by the United Auto Workers union
After months of organizing efforts , the United Auto Workers (UAW) union is just hours away from finding out if workers at Mercedes-Benz’s factory in Tuscaloosa, Alabama, will unionize. Read more...
A Chinese EV giant says Biden's tariffs will hurt climate goals
Xpeng Motors, one of China’s largest electric vehicle companies, on Friday said the United States’ tariffs on EVs and solar cells will make climate goals more difficult to achieve. Read more...
GameStop slides again on move to sell shares after meme-stock rally
GameStop logged its highest trading volume in three years so far this week, following a series of posts from Keith Gill's X account "Roaring Kitty."
Skechers gets a sales boost while growth lags for Nike and Adidas
Discretionary consumer spending isn’t affecting all footwear companies equally. For Skechers, its wholesale partners seriously boosted sales for the California-based company last quarter. Read more...
Boeing supplier Spirit AeroSystems is laying off workers
Layoffs are coming for the fuselage supplier behind the Boeing 737 Max mess. KSN, the local affiliate for NBC in Wichita, Kansas, reports that Spirit Aerosystems will be laying off as many as 450 workers in the coming weeks, according to an internal memo seen by the outlet.
Boeing's union is now training workers on whistleblower laws
Reuters reports that the Society of Professional Engineering Employees in Aerospace locals that cover workers at Boeing and fuselage supplier Spirit AeroSystems will be holding trainings Friday to better equip their members on rules and regulations regarding whistleblowing.
Tesla sales keep slipping — but it's still dominating the electric car market
Tesla might have had a little win Thursday when it emerged that the Cybertruck was officially the second-best-selling electric pickup truck in America, but it isn’t quite out of the woods just yet. After reporting a massive 25% drop in new car registrations in February, the
GameStop stock plummets another 26% as it warns of falling sales
GameStop stock plunged more than 26% after the company disclosed that it expects a large drop in sales for this year’s first quarter and will be selling off millions of shares — bringing what many hoped would be a major revival of the 2021 meme stock rally to a grinding halt.
The good and the bad of the new iPads
The latest iPads are strange beasts. Beyond the cheaper base iPad, you have the iPad Air and the iPad Pro . They’re both at the top of their game. They’re more powerful than ever, and the more expensive version has processing capabilities nearly equivalent to that of a MacBook.
How to keep AI out of your Google searches
“Let Google do the searching for you.” Read more...
Bank of England plans expansion of Leeds base
The bank's governor says expanding its Leeds base would enable it to "better represent the public".
Tesla's Elon Musk wants to use Chinese data to boost AI-powered self-driving cars
Tesla’s push for growth in the world’s largest auto market is being led by CEO Elon Musk’s focus on artificial intelligence and self-driving vehicles . Read more...
OpenAI will use Reddit content to train ChatGPT
Reddit and OpenAI have struck a licensing agreement to use content from the social media platform to train its products, including its chatbot ChatGPT . Read more...
Energy bills predicted to fall by 7% in July
If the forecast proves correct, it would mean a typical annual bill could be £500 lower than last summer.
Can troubled Thames Water avoid collapse?
The firm has huge debts and it may have to be taken over by the government if it runs out of money.
Grand Theft Auto maker firms up GTA 6 release date
The latest instalment of the hugely popular series will be released in autumn 2025, its publisher says.
More people seek help for debts as fee scrapped
Debt Relief Orders are available to those on low incomes to clear existing debt and surged as the fee was axed.
Alan Bates rejects second Post Office compensation offer
The latest offer amounted to around a third of what the campaigner had asked for.
Hunt hints at another National Insurance tax cut
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.
