Chili’s and Applebee’s woo inflation-weary diners as fast food prices continue to climb
In the Big Apple, where a Big Mac meal can now cost $14 or more with tax, the new $10.99 "3 For Me" combo deal at Chili's is starting to look pretty good.
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Uber faces £250m London black cab drivers lawsuit
The case against the US-based ride-hailing giant is being brought on behalf of over 10,800 drivers.
Airbnb offering exotic experiences from a Paris museum to the house in ‘Up’ — some for free
Airbnb wants to portray itself as a company that sells experiences and not just alternatives to staying in a hotel.
The insect farmers turning to AI to help lower costs
Makers of insect-based animal feed hope to be able to compete with soybeans on price.
BMW is tweaking its naming system again
There’s nothing German automakers like doing more than screwing with their naming conventions, and BMW is once again doing just that. However, instead of making things more complicated and confusing , it’s actually streamlining its naming structure by dropping “i” from the end
Electric cars are dying fast and the repair industry is lagging
When you were a kid and you had a little radio control car that you zoomed around the kitchen floor or built jumps for in the back yard, did you throw it away when the batteries died ? For many owners of early electric vehicles from a decade or more ago, that seems to be the
Boeing's journey to getting people on Starliner has been a 10-year struggle
After more than a decade of delays and failures, Boeing is finally ready to launch its first crew of NASA astronauts to the International Space Station (ISS). Liftoff of the Starliner CST-100 spacecraft is scheduled for May 6—and it’s going to be a true nail-biter. Read more...
Delta Boeing 767 jet that dropped emergency slide is 33 years old — well past normal age for active airliner: experts
The chute from Delta Flight 520 had detached from a panel above the right wing shortly after the Los Angeles-bound plane took off from JFK Airport in New York last Friday. T
Ousted ABC News weatherman Rob Marciano clashed with ‘GMA’ meteorologist Ginger Zee: sources
Ousted weatherman Rob Marciano's stormy tenure at ABC News included clashes with fellow meteorologist Ginger Zee -- a bitter feud that was kept tightly under wraps for years at the network.
Boeing tells suppliers to 'keep your foot on the gas' as it falls behind on deliveries
Beleaguered manufacturer Boeing needs to put together airplanes and send them to airlines. But ever since one of those planes lost a piece of its fuselage mid-flight in January, it hasn’t been able to put together planes as quickly as it or those airlines would like. But it’s
Microsoft's fear of Google's AI dominance likely led to its OpenAI partnership, email shows
Microsoft’s multi-year, multi-billion dollar partnership with OpenAI likely came out of a fear of Google dominating the AI race, an email shows. Read more...
Elon Musk laid off Tesla's Supercharger team. Here's what that means and why it matters
Tesla’s sudden move to lay off most of its Supercharger division shocked the electric vehicle industry, halted construction plans, and left pretty much anyone paying attention baffled . Read more...
This year's biggest IPO has nothing to do with tech and everything to do with leisure
There’s been a flurry of successful tech IPOs at the start of the year: Reddit , AI startup Astera Labs , consumer rewards app Ibotta , Microsoft-backed Rubrik . But the biggest IPO on the books for 2024 so far is not in Silicon Valley — in fact it’s not even on dry land. Read
Google lays off 200 workers, shifts jobs to Mexico and India in latest restructuring
Google fired around 200 employees and relocated some of the jobs overseas -- the latest sign of a long-running effort by the company to cut costs and restructure itself.
A key Boeing supplier might have a solution to its production woes
One of Boeing’s big problems at the moment is that it can’t build planes as quickly as it and its customers would like. But a key supplier is teasing that it has figured out a way to help Boeing become more productive. Read more...
The origin of air fryers — the little oven that could
Another kind of dutch oven Read more...
The Dow surges 500 points then gives it all back as the Fed keeps interest rates steady
The Dow Jones Industrial Average and other U.S. stock indexes spiked Wednesday afternoon — not because the Federal Reserve left interest rates unchanged, but because there won’t be any more rate hikes. The market started celebrating after the Fed Chair Jerome Powell said “it is
T-Mobile just bought Mint Mobile for $1.3 billion — and Ryan Reynolds could clear a cool $300 million
T-Mobile officially finalized the $1.35 billion deal to acquire Mint Mobile, according to a press release from the telecom company . The deal was first announced in March 2023 but had to clear regulatory approval. Read more...
California's tech billionaires are one step closer to getting their utopia city
The California Forever project is one step closer to becoming a reality. This week, the ambitious project’s backers announced that they had received enough local support to trigger a ballot initiative. Local voters will now decide the fate of the project during the November
Dow surges over 500 points then plunges after Fed hints next move is rate cut
The Fed concluded its two-day monetary policy meeting by letting the Fed funds target rate stand at 5.25%-5.50%.
Google is laying off hundreds as it moves 'Core' jobs abroad
Google laid off at least 200 staffers on its “Core” team in California, CNBC reported Wednesday. Some of those jobs are relocating to its offices in India and Mexico, the outlet said. Read more...
‘Bitcoin Jesus’ got charged in a $50 million fraud for allegedly hiding how much Bitcoin he owns
Early crypto investor Roger Ver, a.k.a. ‘Bitcoin Jesus,’ has been charged with a tax fraud , with the Department of Justice saying he evaded nearly $50 million in taxes. Read more...
Airbnb wants its new thing to be bigger than Barbie's Dreamhouse
As travelers plan their long-awaited summer trips, Airbnb is hoping they’ll consider embarking on one of its new ‘Icons’ experiences for a completely unique vacation. Read more...
UnitedHealth CEO defends insurer after major hack, reveals amount of ransom paid as senators question firm’s size
"Your company let the country down," Senate Finance Committee Chairman Ron Wyden told Witty.
BlackRock looks to make monthly paychecks part of 401(k) employee retirement plans
BlackRock is reportedly looking to shakeup employers' default retirement strategies by turning a portion of retirement savings into fixed lifetime payments through target-date funds embedded with annuities.
Fed holds key interest rate and warns on inflation
The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.
NBC News reporter Kalhan Rosenblatt takes leave of absence after ‘struggling with suicidal ideation’
Kalhan Rosenblatt wrote that "a confluence of factors" have "led me to my rock bottom" but that she is now "getting the help I need now."
Stocks surge as Fed Chair Jerome Powell signals further rate hikes ‘unlikely’
Wall Street traders now envision just a single rate cut this year to the Fed’s benchmark rate, now at a 23-year high of 5.3%.
Chinese EV-makers are leaving Western rivals in the dust
They have shone at Beijing’s car jamboree
Peloton wants to turn things around by putting bikes at 800 Hyatt hotels
Peloton is going on the road. Well, at it least some of its equipment is. Read more...
