Business News

Crisis-hit Boeing flies high at Farnborough Airshow
2024-07-22 19:06:09
Boeing announced Monday a raft of orders on the first day of Britain's Farnborough Airshow, shrugging off safety and production woes as the industry struggles to keep up with demand.
3 mortgage moves to make before the July Fed meeting
2024-07-22 17:17:15
Making these strategic moves now can help you take advantage of any positive Fed meeting outcomes, experts say.
Best back-to-school deals to shop this week at all retailers
2024-07-22 17:17:15
Save big time on back-to-school supplies by taking advantage of these deals from Amazon, Target, Walmart and more.
Taking out a home equity loan? These 5 factors matter most, according to experts
2024-07-22 17:17:13
Multiple factors can affect your home equity loan. Here are four critical ones that experts say to watch for.
Delta cancels more flights Monday as fallout from CrowdStrike outage persists
2024-07-22 17:17:04
Delta canceled more flights than any other U.S. airline Monday as it struggles to recover from CrowdStrike outage.
Automated mobility: Europe's future is about to become reality
2024-07-22 17:16:42
Even the coronavirus pandemic could not stop this ambitious project: What began as AVENUE (Autonomous Vehicles to Evolve to a New Urban Experience) has developed into a milestone for the future of European mobility.
Why you should open a long-term CD before the July Fed meeting
2024-07-22 17:16:17
With the next Federal Reserve meeting set for July 30, savers should open a long-term CD right now. Here's why.
Gas leaks cost US fire departments more than half a billion dollars each year, finds study
2024-07-22 17:05:48
Responding to gas leaks cost U.S. fire departments over $564 million in 2018, according to a new study published in Energy Policy. The study, led by PSE Healthy Energy, is the first to estimate the financial burden placed on first responders by gas leaks. In 2018, New York City experienced 22,090 gas leak incidents—more than the next 25 cities combined—conservatively costing the city $70 million.
First megawatt charger for electric trucks unveiled
2024-07-22 17:05:47
With partners from industry and research institutions, the Technical University of Munich (TUM) is trying to make battery-powered trucks viable for long-distance cargo transport. Megawatt charging represents an important step toward this goal.
Q&A: Engineering skills to get a job in the 'new industrial revolution'
2024-07-22 17:05:47
If you want to learn how to get a job as an engineer on the modern manufacturing floor overseeing improvements and collaborating with both people and robots, it helps to ask an expert for her advice.
One small update brought down millions of IT systems around the world—it's a timely warning
2024-07-22 15:56:49
This weekend's global IT outage caused by a software update gone wrong highlights the interconnected and often fragile nature of modern IT infrastructure. It demonstrates how a single point of failure can have far-reaching consequences.
Nigeria's chronic power shortages: Mini grids haven't solved the problem—here's why
2024-07-22 15:06:21
Electricity is a scarce commodity in Nigeria. With just over 4,000 megawatts supplying nearly 220 million people, the electricity access deficit stands at about 40% nationwide. The picture looks even darker in rural areas. There, 73% of the population is off the power grid.
Microsoft-CrowdStrike outage: How a single software update was able to cause IT chaos across the globe
2024-07-22 15:06:21
The world as we know it increasingly relies on digital connectivity that, for the most part, works quietly and invisibly in the background. So how did a single software update bring down half the internet?
Carbon fiber composite sensors offer solution for efficient traffic monitoring
2024-07-22 14:14:38
A breakthrough in traffic monitoring technology has been achieved by a research team affiliated with UNIST. The team unveiled sensors that can monitor traffic and road conditions in real-time, while strengthening buildings and road structures.
Troubled Boeing stays close to the ground at a major UK air show
2024-07-22 13:25:10
European planemaker Airbus plans to show off its newest passenger jet with daily flight demonstrations during one of the world's biggest aviation trade fairs. But an ongoing safety and manufacturing crisis has rival Boeing keeping a lower profile at the Farnborough International Air Show.
Korean Air orders 40 Boeing planes
2024-07-22 13:25:10
Korean Air lodged a firm order Monday for 40 Boeing 787 and 777X wide-body aircraft at Britain's Farnborough airshow, handing a boost to the embattled US aviation giant.
Small businesses grapple with global tech outages created by CrowdStrike
2024-07-22 08:46:33
An owner of a consumer insights research firm couldn't pay her employees, make Friday's deadline to sign a contract for a new business or send key research to a key client. A psychiatrist, who runs a virtual mental health practice in Maryland, saw his business hobbled as some of his virtual assistants and therapists couldn't either make phone calls or log on to their computers. And a restaurant owner in New York City was worried about how he was going to pay his vendors and his workers.
Delta Air Lines says cancellations continue as it tries to restore operations after tech outage
2024-07-22 08:46:33
Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights.
Wells Fargo ordered to pay $22 million for firing executive who alleged financial misconduct
2024-07-22 05:09:56
The U.S. Department of Labor concluded that Wells Fargo retaliated against a former executive who alleged financial misconduct. The company disagrees.
FTC orders Credit Karma to pay users $3M after 'falsely' claiming they were preapproved
2024-07-22 05:09:55
Credit Karma is in hot water. The FTC has ordered the company to pay $3 million, alleging they 'falsely' claimed that were preapproved.

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