Boeing CEO Laments Deal With Trump For Air Force One Planes
Boeing’s CEO is lamenting the deal that his company cut with former President Donald Trump to produce new Air Force One jets.
David Calhoun said “it was a public negotiation” an...
Facebook Parent Meta Stock Soars Despite Growth Slowdown
Facebook parent Meta's first quarter profit jumped past Wall Street's expectations despite slower revenue growth, sending shares up sharply in after-hours trading.
The company e...
Investor Bill Hwang, Once Worth Billions, Indicted On Fraud
NEW YORK (AP) — The owner of a New York-based hedge fund that collapsed when it defaulted on margin calls was arrested Wednesday on charges alleging he defrauded leading global inv...
Elon Musk Quest To Scrap Deal Over 2018 Tweets Is Rejected
DETROIT (AP) — Elon Musk’s request to scrap a settlement with securities regulators over 2018 tweets claiming he had the funding to take Tesla private was denied by a federal judge...
Boeing Posts $1.24 Billion Loss For The First Quarter
Boeing said Wednesday that it lost $1.24 billion in the first quarter as it and took large write-downs and lost money in both its civilian-airplane and defense businesses.
The l...
Bitcoin In 401(k) Becomes Reality For More, Despite Warnings
NEW YORK (AP) — More workers may soon be able to stake some of their 401(k) retirement savings to bitcoin, as cryptocurrencies crack even deeper into the mainstream.
Retirement ...
United Plots Big Expansion Of Flights Between US And Europe
DALLAS (AP) — United Airlines plans to offer more flights across the Atlantic this summer than it did in 2019, a wager that international travel will bounce back strongly despite t...
Musk’s ‘Free Speech’ Push For Twitter: Repeating History?
Elon Musk, the world’s richest man, is spending $44 billion to acquire Twitter with the stated aim of turning it into a haven for “free speech.” There's just one problem: The socia...
EXPLAINER: What’s Next Now That Twitter Agreed To Musk Bid?
Twitter’s acceptance of Elon Musk’s roughly $44 billion takeover bid brings the billionaire Tesla CEO one step closer to owning the social media platform.
The deal is expected t...
Billionaire Tesla CEO Elon Musk Reaches Deal To Acquire Twitter For Approximately $44B
Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said.
The outspoken Tesla CEO, the world’s wealthiest person, has sa...
Buffett To Auction Off One Last Private Lunch For Charity
OMAHA, Neb. (AP) — The world's most expensive lunch will go on sale again this spring when investor Warren Buffett auctions off a private meal to raise money for a California homel...
Reports: Twitter In Talks With Musk Over Bid To Buy Platform
Twitter’s board and Tesla CEO Elon Musk negotiated into the early hours of Monday over his bid to buy the social media platform, The New York Times reported.
Musk said last week...
Amazon Union Could Face A Tough Road Ahead After Victory
NEW YORK (AP) — In the aftermath of their hard-won labor victory, Amazon workers in the New York City borough of Staten Island popped Champagne, cheered their victory and danced in...
DeSantis Tests Limits Of His Combative Style In Disney Feud
TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis ' deepening feud with Walt Disney World is testing the limits of his combative leadership style while sending an unmistakable mes...
Stocks Stumble 2.8% As Worries About Interest Rates Worsen
NEW YORK (AP) — Stocks tumbled on Wall Street Friday, leaving the S&P 500 with its biggest one-day loss in almost seven weeks, as worries deepen about a surge in interest rates...
US Drone Company Zipline Starts Delivering Medicine In Japan
TOKYO (AP) — Zipline, an American company that specializes in using autonomously flying drones to deliver medical supplies, has taken off in Japan.
They’re flying, starting Thur...
Amazon Extends Prime Perks To Merchant Sites
Amazon is extending the benefits of a Prime subscription to online stores beyond its own site, a move geared toward boosting revenue from merchant fees and expanding its logistics ...
Fewest Americans Collecting Jobless Aid Since 1970
WASHINGTON (AP) — Applications for unemployment benefits inched down last week as the total number of Americans collecting aid fell to its lowest level in more than 50 years.
Jo...
Musk Says He Has $46.5B In Financing Ready To Buy Twitter
Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, and he's trying to negotiate an agreement with the company.
Last week, Musk announced an offer to buy t...
Average Long-Term US Mortgage Rates Highest In 12 Years
WASHINGTON (AP) — Long-term U.S. mortgage rates rose for the seventh straight week, climbing to their highest level in more than a decade.
The average rate on a 30-year mortgage...