The alphabet soup of U.S. government entities looking into Boeing just got a few more letters. Bloomberg reports that the Securities and Exchange Commission (SEC) has begun digging into statements made by the company about how it approaches safety in its manufacturing processes
California restaurants are poised to further hike prices after a junk-fee ban in the state mandated that restaurants and bars fold mandatory fees into listed menu prices.
Ackman held court during a series of discussions devoted to DEI at the Milken Institute Global Conference in Beverly Hills on Monday.
“Creativity is in our DNA at Apple, and it’s incredibly important to us to design products that empower creatives all over the world,” Apple said.
Nearly 90% of tracked stablecoin transactions are not human-involved. According to recent data published by Visa and blockchain data provider Allium , less than 10% of transactions are initiated by actual users, and most are done by bots. This means that only $149 billion out
When the calendar flipped over to May, Nissan instituted a new sales policy for its dealers: Cars can be advertised at discounts up to 10 percent off the invoice price , a massive reduction from typical MSRP. The reasoning, it seems, is that Nissan just has too many cars
For weeks, Tesla has been cutting staff left, right and center . First it was teams at its California and Texas hubs, then the brains behind the Supercharger network went and this week it was the interns . Now, an exec departing from the American electric vehicle maker has
Vaccine-maker Novavax announced a $1.2 billion licensing partnership with French pharmaceutical company Sanofi on Friday, giving its stock a much-needed boost. Read more...
The 47-year-old tech mogul had envisioned that Twitter could be an open-source software that wasn't controlled by any single person or entity.
Target doesn’t want another Pride Month backlash. The retailer appears to be making good on its promise that it would change this year’s promotion after it faced swift backlash last year, which led to a decline in sales. Read more...
Baidu’s head of public relations no longer appears to be employed at the tech giant after sparking widespread backlash for posting several videos telling staff she’s “not [their] mom” and that she “can make [them] jobless in this industry.” Read more...
More than a week after Tesla laid off the majority of its Supercharger division, CEO Elon Musk now says the company will spend upwards of half a billion dollars on expanding the network. Read more...
Bumble Founder and Executive Chair Whitney Wolfe Herd defended her dating app’s new AI feature on stage in San Francisco on Thursday. She went on to describe a version of the future where “AI-dating concierges” message each other on a human’s behalf. Read more...
The National Oceanic and Atmospheric Administration’s Space Weather Prediction Center forecasted a “severe solar storm” that’s expected to hit Earth tonight, according to a release . These geomagnetic storms happen every so often, but as the Sun approaches the maximum of its
At least 224 people have been injured after an iPhone app called t:connect drained the battery on its accompanying insulin pump, called t:slim X2, causing the pump to fail to deliver insulin. The FDA issued a Class I recall of the app on Wednesday, according to a press release,
On Wednesday, OpenAI released a draft of its Model Spec sheet that details how it intends its AI models to behave. There is a section focusing on NSFW content that gives the impression that the company is exploring ways to make AI porn , but the company says that is not
OpenAI is reportedly planning to announce its artificial intelligence-powered search competitor to Google as early as Monday — a product that could threaten Google’s search engine dominance. Read more...
The prime minister says "there is more work to do" as the UK emerges from recession.
A growing number of Americans have taken GLP-1 drugs, like Ozempic and Wegovy . But while the drugs have become widely known for their weight-loss benefits, a majority of users still use the medications to treat other chronic conditions. Read more...
The United States is reportedly set to hit China with a series of new tariffs targeting strategic areas, including electric vehicles and semiconductors. Read more...
The German discounters will give their workers higher wages than British competitors.
Douglas Elliman tenants can also earn points for eating at local hotspots like Carbone and redeem them for first-class vacation perks.
Growth was stronger than expected, but millions of households are yet to feel the benefit.
It’s been another whirlwind of a week at Tesla. The electric vehicle company has continued its sweeping layoffs — both in the U.S. and China — and taken down all but a handful of job postings worldwide. Plus, Elon Musk’s statements about Tesla’s self-driving technology are
The artificial intelligence race wouldn’t be full speed ahead without chips. And that in itself is becoming a race between companies — and even governments. On Monday, the Biden administration announced it was allocating $285 million in CHIPS and Science Act funding to
Boeing received yet another piece of disappointing news in a year when it’s already received a lot of it. Spirit Airlines CEO Ted Christie said the airline industry was a rigged game right after revealing that his company had yet another quarterly loss. Plus, a familiar
This week, reports surfaced that Apple is developing its own AI chips to sit in data centers and power AI applications. While there are few details on that project, Apple did release details about its new chip, the M4, for its latest iPad Pro that’s capable of efficiently
In retail news, Applebee’s and IHOP say customers are ditching their higher priced menu items for tenders and burgers. Aldi wants to compete with Walmart and Target and plans to do so by cutting prices on 250 items . Krispy Kreme had its best sales day ever , thanks to
