Business News

Alaska Airlines finds many loose bolts on its Boeings as United questions orders
2024-01-24 10:29:01
Boeing came under renewed pressure Tuesday as the head of Alaska Airlines said inspections carried out after a dangerous incident had found many loose bolts on its 737 MAX 9 aircraft.
Passengers snub 'expensive' London-Paris Eurostar train for plane
2024-01-24 10:29:01
Many travelers are opting to take a plane rather than a train between London and Paris despite climate concerns and the Eurostar rail service connecting the two capitals in just over two hours.
Europe's bike industry hits bumps as cycling craze cools
2024-01-24 10:28:58
At a bicycle trade fair in Stuttgart, steep discounts on brand-new models hint at the turmoil roiling the industry now that a pandemic-fueled cycling craze has faded.
J.P. Morgan advises investors should listen to Apple Vision Pro customer feedback
2024-01-24 00:47:58
Investors shouldn't be concerned about the long lead times for the Apple Vision Pro, analysts at J.P. Morgan say, and that focus should be placed on feedback from actual customers.
Report reveals UK automotive industry vulnerability
2024-01-23 21:24:22
Experts from Aston University's Centre for Business Prosperity say the UK faces being left behind in the electric vehicle (EV) revolution.
LA Times slashes a fifth of its newsroom jobs
2024-01-23 21:24:22
The Los Angeles Times announced Tuesday it is laying off more than a fifth of its journalists, as yet another once-storied US paper fell victim to the disruptions of the internet age.
TikTok is laying off dozens of workers as the tech industry continues to shed jobs in the new year
2024-01-23 21:24:22
TikTok is laying off dozens of workers in its advertising and sales unit, becoming the latest tech company to trim jobs in the new year.
Prime real estate: Original Amazon House up for sale
2024-01-23 21:24:22
The house where Jeff Bezos founded online shopping mammoth Amazon is up for sale, offering one lucky buyer the chance to own a piece of internet history.
EU probes Lufthansa's proposed buy of ITA stake
2024-01-23 19:02:31
The EU's powerful antitrust authority opened an in-depth investigation on Tuesday into German airline Lufthansa's proposed stake in Italy's ITA Airways, over fears it could hurt competition.
Rethinking AI's impact: Study reveals economic limits to job automation
2024-01-23 16:23:24
Like many of us, you might find yourself nodding to a familiar digital doomsday chorus that vibrates through offices and coffee shops alike: AI will take my job!
Digital inspection portal uses AI and machine vision to examine moving trains
2024-01-23 15:35:04
Collaboration between Norfolk Southern Corporation and the Georgia Tech Research Institute (GTRI) has led to the development of digital train inspection portals that use advanced machine vision and artificial intelligence to examine trains moving at speeds of up to 60 miles per hour to identify mechanical defects that may exist.
Amazon's French warehouses fined over employee surveillance
2024-01-23 15:35:04
France's data protection agency said Tuesday that it had fined Amazon's French warehouses unit 32 million euros ($34.9 million) for an "excessively intrusive" surveillance system to keep track of staff performance.
APGA, Farmers Insurance committed to growing golf for all walks of life at Torrey Pines
2024-01-23 15:34:58
The Advocates Professional Golf Association (APGA) aims to bring greater diversity to golf with a helping hand from Farmers Insurance.
United Airlines CEO says the airline will consider alternatives to Boeing's next airplane
2024-01-23 15:09:51
The United Airlines CEO says he is "disappointed" in ongoing manufacturing problems at Boeing that have led to the grounding of dozens of United jetliners, and the airline will consider alternatives to buying a future, larger version of the Boeing 737 Max.
Microsoft and others are making new tools to help small businesses capitalize on AI
2024-01-23 15:09:51
The influx of generative artificial intelligence software is transforming small businesses.
Airbnb donates $10 million to 120 nonprofits on 6 continents through its unusual community fund
2024-01-23 15:09:51
Airbnb on Tuesday donated a total of $10 million to more than 120 nonprofits in 44 countries on six continents, the short-term rental giant's latest outlays in its unusual distribution of $100 million through its Airbnb Community Fund.
California State Universities reach tentative agreement with striking faculty and staff
2024-01-23 13:55:27
The California State University system agreed to a tentative deal with the California Faculty Association, representing nearly 30,000 faculty and staff members, less than a day into the union's five-day strike.
What the health care sector is selling to Wall Street: The "first trillion-dollar drug company is out there"
2024-01-23 11:17:00
More than 600 companies pitched their products and services at the J.P. Morgan Healthcare Conference. Here are the big takeaways.
Tencent's 'League of Legends' developer Riot Games announces layoffs of 530 staff
2024-01-23 09:17:23
Riot Games, the developer of the popular "League of Legends" multiplayer battle game, is joining other tech companies that have been trimming their payrolls with a layoff of 11% of its staff.
Ericsson sees 'further' market decline after 2023 loss
2024-01-23 09:17:23
Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.

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