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Boeing's new CEO visits factory that makes the 737 Max, including jet that lost door plug in flight
2024-08-08 13:37:34
A new chief executive takes over at Boeing on Thursday, and he plans to walk the floor of the factory near Seattle that has become the heart of the aerospace giant's troubles.
Siemens profits soar on software demand, AI 'boom'
2024-08-08 13:37:34
German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids.
China's top chipmaker reports Q2 plunge in profits
2024-08-08 13:37:34
Leading Chinese chipmaker SMIC announced Thursday a sharp year-on-year drop in profits during the second quarter, as a domestic price war and technological rivalry between Beijing and Washington show no signs of abating.
Warner Bros. Discovery stock plunges on $10 bn quarterly loss
2024-08-08 07:09:32
Warner Bros. Discovery's share price plunged more than 10 percent after-hours on Wednesday after it reported a quarterly loss of almost $10 billion.
Buoyed by past success, new CEO Kelly Ortberg will try to turn Boeing around
2024-08-08 07:09:28
Aviation experts and analysts have been full of praise for Kelly Ortberg, who returns from early retirement Thursday to take up the challenge of turning Boeing around after a series of quality and financial issues.
US, India, Russia, Japan are building out wind power much too slowly for climate change, report says
2024-08-08 06:35:35
The world is falling well short of a promise made at global climate talks last year to triple the amount of wind power, according to a report by an energy think tank released Thursday.
U.K. Royal Mint starts extracting gold from e-waste: "What we're doing here is urban mining"
2024-08-08 03:33:27
"We're taking a waste product that's being produced by society and we're mining the gold from that waste product and starting to see the value in that finite resource," a mint official says.
Green hydrogen could power the future of passenger and freight transportation
2024-08-07 19:56:45
Green hydrogen is emerging as an important potential solution for decarbonizing transportation, but new energy efficiency findings indicate that it should be used strategically in heavy-duty road, rail, aviation and marine transportation, a University of Michigan study shows.
Lyft shares suffer biggest fall in more than a year, even as it reports first quarterly profit
2024-08-07 17:26:14
Lyft shares tumbled to their biggest loss in more than a year on Wednesday after the ride-hailing app reported gross bookings that spooked investors.
Humane’s daily returns are outpacing sales
2024-08-07 17:26:14
After raising $200 million from investors, Humane has only sold $9 million worth of products and has received $1 million in returned products.
A Paramount+ price increase is coming in August. Here's how to avoid the hike
2024-08-07 17:26:14
Paramount+ is raising the prices of its monthly plans, but there's a way to avoid the hikes and enjoy NFL football.
CEO Tim Cook is Apple's chief lobbyist asset
2024-08-07 17:26:14
A report has outlined how Tim Cook has become the chief lobbyist for Apple. This is unsurprising, given Cook and predecessor Steve Jobs' history of influencing world governments.
Being fired decreases your salary by 26% over 11 years, Finance Ministry reveals
2024-08-07 16:23:54
The chances of an employee who has been fired being hired decrease by 25% in the first year after they are fired, and drop 7% in the long-run.
Middle Eastern economies shaky amid uncertainty as Tehran’s counteroffensive looms
2024-08-07 16:23:53
The ongoing conflict is a source of uncertainty for investors everywhere, with escalations between Israel and Hezbollah threatening to push the already moribund Lebanese economy over the edge.
Tesla is promising to sell a humanoid robot. It could be the first of many
2024-08-07 16:22:35
Elon Musk's recent announcement on Twitter that "Tesla will have genuinely useful humanoid robots in low production for Tesla internal use next year" suggests that robots that have physical human-like characteristics and provide "genuinely useful" function might be with us soon.
You might get a discount or free coffee but you're also being played by the multibillion-dollar gamification industry
2024-08-07 16:22:35
You're scrolling through your socials and an app for an online shopping site appears. You click the link but, before you can see any merchandise, a spinning wheel flashes up and invites you to press the button to spin. You do and you win 50% off any purchase. How good is that?
Hong Kong's Cathay unveils deal to buy up to 60 aircraft
2024-08-07 15:17:00
Hong Kong carrier Cathay Pacific said Wednesday it would buy up to 60 Airbus A330-900 aircraft as it looks to build on a post-COVID recovery and reach pre-pandemic passenger numbers in the new year.
Disney reports streaming profit but parks under strain
2024-08-07 15:17:00
Disney reported Wednesday better revenues than anticipated in the most recent quarter, atop a first profit in its streaming business, but its theme parks are coming under pressure.
Miami-Dade plans to build the biggest waste-to-energy facility in the country
2024-08-07 12:45:57
The aging incinerator that burned down last year in Doral, Florida, processed half of Miami-Dade's trash, forcing the county to ship the garbage some 100 miles north.
Lack of standard training for EV techs perpetuates shortage
2024-08-07 12:45:56
There's an aggressive push for more electric vehicle chargers and technicians to work on them, but a problem remains: There's no nationwide standard for training those technicians.

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