Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on Chinese-made electric vehicles. “Neither Tesla nor I asked for these…
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Business
Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
by adminBoeing will burn through cash this year and deliveries of new planes won’t improve in the second quarter from the first, as the…
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Business
Oil prices hit three-month lows, head for weekly loss as summer driving season kicks off
by adminCrude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving season gets…
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Business
It wasn’t the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.
by adminAngry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was America’s…
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Business
Will schools finally pay student-athletes? What a historic settlement means for the NCAA and players
by adminCould college athletes really start getting paid directly by their schools, ending decades of acrimony over the issue? The NCAA, along with…
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World
Italian teenager nicknamed ‘God’s influencer’ set to become Catholic Church’s first millennial saint
by adminCarlo Acutis, an Italian teenager and computer prodigy who earned the nickname “God’s influencer,” is set to become the Catholic Church’s first…
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World
Kenyan mountaineer dead and Nepali sherpa missing after trying to summit Everest without supplemental oxygen
by adminAn experienced Kenyan mountaineer died Wednesday and rescuers are still searching for the Nepali sherpa who was with him, after the team…
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World
China says military drills encircling Taiwan designed to test its ability to ‘seize power’
by adminChina’s military drills around Taiwan are designed to test its ability to “seize power” over the island, the People’s Liberation Army said…