Business News

Tesla shareholders back huge payout for CEO Musk, company says
2024-06-14 08:23:39
Tesla shareholders voted in favor of a huge compensation package for CEO Elon Musk, endorsing the potential windfall after a Delaware court invalidated it, a company official said Thursday.
France makes 700-mn-euro offer for Atos security units
2024-06-14 08:23:39
Debt-laden tech group Atos said Friday the French state has made a 700-million-euro bid for its most sensitive businesses, including cybersecurity and supercomputers used for the country's nuclear deterrent.
AI startup Perplexity wants to upend search business. News outlet Forbes says it's ripping them off
2024-06-14 08:23:39
The artificial intelligence startup Perplexity AI has raised tens of millions of dollars from the likes of Jeff Bezos and other prominent tech investors for its mission to rival Google in the business of searching for information.
Elon Musk drops lawsuit against OpenAI
2024-06-13 22:16:12
The breach of contract lawsuit was missing one important thing.
Paramount’s rumored merger with Skydance is off
2024-06-13 22:16:12
Where will Paramount Plus end up?
Boeing to check undelivered 787s due to fastener issue
2024-06-13 21:45:48
Boeing said Thursday it is examining fasteners on some undelivered 787 jets after discovering problems with their installation in the latest manufacturing shortcoming to face the company.
Gamestop's annual shareholder meeting disrupted after 'unprecedented demand' causes tech issue
2024-06-13 19:58:58
Gamestop's highly-anticipated shareholder meeting ran into a technical problem Thursday—resulting in many eager investors being unable to log on to the livestream.
'Doom spiral' a risk for public transit in post-pandemic era—researchers urge sustained investment
2024-06-13 17:05:02
A new study from McGill University warns that cutting public transit service could lead to a "doom spiral" resulting in a collapse of the system. The paper is published in the Transportation Research Record: Journal of the Transportation Research Board.
Why Apple's partnership with OpenAI is an admission of weakness—and a genius move
2024-06-13 17:05:02
Siri, Apple's digital assistant, will soon be getting an upgrade.
After several near-misses on airport runways, a tech company revives work on a hazard-warning system
2024-06-13 12:32:02
As a Delta Air Lines jet began roaring down a runway, an air traffic controller at New York's John F. Kennedy International Airport suddenly blurted out an expletive, then ordered the pilots to stop their takeoff roll.
With inflation cooling will home equity loan rates drop?
2024-06-13 09:56:45
Home equity loan rates may drop in the future but it's probably not a good idea to wait to access the money you need.
Prince Harry and Meghan Markle's Archewell Foundation sees $11 million drop in donations
2024-06-13 09:56:45
The charitable foundation founded by the Duke and Duchess of Sussex receieved just $2 million in donations in 2022.
The best short- and long-term CDs to open in December 2023
2024-06-13 09:56:45
Today's high-rate environment means that there are lots of solid CD options to consider. Here are the best ones.
How rich is Harvard? It's bigger than the economies of 120 nations.
2024-06-13 09:56:45
Ivy League colleges built massive endowments partly through alumni donations. Some gifts have come under threat amid turmoil over antisemitism.
How your 2023 home equity loan can be deducted from your taxes next year
2024-06-13 09:56:44
There are a few rules you need to know if you want to deduct your home equity loan payments on your tax return.
Philips CPAP users can now file for piece of proposed $479 million settlement. Here's how to apply.
2024-06-13 09:56:44
Cash awards are now available related to recalled devices sold in the U.S. between 2008 and 2021, administrator says.
Why are Chinese electric cars in EU crosshairs?
2024-06-13 09:52:40
The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month after an anti-subsidy probe.
Fired SpaceX workers sue Elon Musk over workplace abuses
2024-06-13 09:52:39
Workers fired by SpaceX filed a lawsuit Wednesday accusing Elon Musk of fostering a sexist "Dark Ages" culture at the company he founded.
Musk says Tesla shareholders voting for his pay package by 'wide margins'
2024-06-13 09:52:39
Tesla CEO Elon Musk said late Wednesday that the electric vehicle company's shareholders were voting to approve his multibillion-dollar pay package by "wide margins" before the ballot had been concluded.
Boeing faces deadline to rebut possible US prosecution
2024-06-13 09:52:39
Boeing faces a Thursday deadline to respond to a US Department of Justice determination that the planemaker can be prosecuted for violating a 2021 deal that allowed it to escape criminal prosecution over two fatal 737 MAX crashes.

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