Boeing Posts $4 Billion Loss Tied To Problems With 787 Jet
Boeing reported a $4.16 billion loss for the fourth quarter as the financial fallout of production flaws in one of its best-selling planes, the 787 Dreamliner, grew much worse.
...
US Warns That Chip Shortage Could Shut Down Factories
WASHINGTON (AP) — The U.S. supply of computer chips has fallen to alarmingly low levels, raising the prospect of factory shutdowns, the Commerce Department reported Tuesday.
Com...
Buffett’s Berkshire Plans In-Person Shareholders Meeting
OMAHA, Neb. (AP) — Warren Buffett's company plans to hold its annual shareholders meeting that used to routinely attract more than 40,000 people in person this spring for the first...
Walmart Invests In Indoor Vertical Farming Startup Plenty
NEW YORK (AP) — Walmart said Tuesday it has taken a stake in agriculture startup Plenty, becoming the first large U.S. retailer to significantly invest in indoor vertical farming a...
Ex-NSO Chairman Says Departure Unrelated To Company Turmoil
JERUSALEM (AP) — The former chairman of the NSO Group on Tuesday confirmed that he has left the Israeli spyware company but said his departure was planned months ago and was unconn...
China Was Israel’s Largest Source Of Imports In 2021, Surpassing US
BEJING (JTA) - China became Israel’s largest source of imports in 2021, surpassing the United States, according to data released by Israel’s National Bureau of Statistics on Thursd...
Dow Drops 1,000 Points As Markets Extend Slide In 2022
NEW YORK (AP) — The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal ...
WATCH: Interview With Dov Hikind On Amazon’s Hate-For-Profit Scheme
NEW YORK (VINnews) — Very few if any would believe that less than 80 years since the end of the Holocaust a U.S. company would become the number one distributor of evil Nazi propag...
CBS Retools Streaming Service To Better Resemble TV Network
NEW YORK (AP) — CBS News says it is retooling its streaming service to better incorporate programs and personalities from the television network.
The CBS service is debuting a n...
Taxpayers Face Overloaded IRS As Filing Season Opens Monday
WASHINGTON (AP) — Count 30-year-old Ethan Miller among that subset of Americans who are actually eager to file their taxes once income tax filing season opens on Monday.
The fin...
Intel Building $20B Ohio Chip Facility Amid Global Shortage
COLUMBUS, Ohio (AP) — Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in everything from phones and cars to vid...
Report: Peloton Pauses Production On Bikes, Treadmills
NEW YORK (AP) — Peloton's shares tumbled on Thursday after a media report said the exercise and treadmill company was temporarily halting production of its connected fitness produc...
Amazon Plans A Clothing Store For A Southern California Mall
NEW YORK (AP) — Amazon says it plans to open a clothing store in a Southern California mall later this year, a first for the online behemoth and a fresh challenge for already strug...
Unilever’s Israel Boycott Said To Cost Company $26 Billion
JERUSALEM (JNS) - Unilever’s stock has plunged 20.7% in the six months since it informed Avi Singer, the owner of Ben & Jerry’s Israel, that his contract was over unless he sto...
Starbucks Nixes Vaccine Mandate After Supreme Court Ruling
Starbucks is no longer requiring its U.S. workers to be vaccinated against COVID-19, reversing a policy it announced earlier this month.
In a memo sent Tuesday to employees, the...
Microsoft Buys Activision Blizzard For $68.7 Billion
Microsoft is buying the gaming company Activision Blizzard for $68.7 billion, gaining access to blockbuster games like “Call of Duty" and ”Candy Crush."
The all-cash deal will l...
New Vaccination Mandates For Truckers Could Wreak Havoc In US- Canada Supply Chain
NEW YORK (VINnews) — A new vaccine mandate requiring all Canadian truckers travelling in and out of Canada to be vaccinated, has taken effect this week. In the coming days a simila...
DirecTV Drops Trump-Friendly One America News
BOSTON (AP) — DirecTV plans to drop One America News Network, significantly shrinking the reach of the right-wing TV channel friendly to Donald Trump and widely criticized for spre...
Tesla Inks Deal To Get Key Battery Component Outside China
LONDON (AP) — Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependenc...
Supreme Court Halts COVID-19 Vaccine Rule For US Businesses
WASHINGTON (AP) — The Supreme Court has stopped the Biden administration from enforcing a requirement that employees at large businesses be vaccinated against COVID-19 or undergo w...