Companies & Startups News

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Behind Hertz's doomed bet to electrify its fleet

Two finance veterans who bought the bankrupt car rental company Hertz went all-in on providing a fleet of electric vehicles. They had a plan to swap Hertz's gas-powered rental-cars for electric vehicles, which included an unprecedented o...

Bloomberg

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Musk's Starlink terminals are winding up in the wrong hands

Fresh accusations from Ukraine that Russian forces are using satellite internet terminals made by Elon Musk's Starlink service has again thrusted the billionaire into the center of the war. Starlink terminals are also popping up in Iran,...

Bloomberg

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Boeing C.E.O. exits as safety concerns mount

Boeing announced a leadership shakeup headlined by the departure of C.E.O. Dave Calhoun as the aviation giant faces heavy scrutiny following multiple safety incidents and manufacturing issues over the past few years.

France 24

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McDonald's to start selling Krispy Kreme doughnuts

Krispy Kreme shares soared the most since July 2021 after McDonald's agreed to bring the chain's doughnuts to restaurants across the U.S. Krispy Kreme's doughnuts will first become available at some McDonald's later this year and a natio...

Bloomberg

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Private companies race to bring back supersonic commercial travel

More than 20 years after the Concorde was grounded, several private companies want to bring back supersonic commercial travel. Some companies are closer than others.

Fox News

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Boeing set to send astronauts to the I.S.S.

Boeing says it's ready to send astronauts to the International Space Station. The company said its Starliner capsule is ready to launch after months of work to overcome setbacks.

Fox News

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Steve Wozniak says Apple is a monopoly to its users

Apple co-founder Steve Wozniak says the way Apple operates as a company makes them a "good guy," he agreed that Apple does appear to be a monopoly, but whether or not that can be proved in court against the company is yet to be seen.

Bloomberg

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FedEx stock surges after company announces $5 billion buyback

FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts help boost profits, a move that has sent the courier's stock soaring.

Bloomberg

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Apple sued by U.S. government over iPhone "monopoly"

The U.S. Department of Justice and 15 states sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices.

Reuters

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Tim Cook visits Shanghai amid declining iPhone sales

Despite declining iPhone sales in China, Apple's CEO Tim Cook is on his way to Shanghai to inaugurate a new retail store. Cook was recently in China back in October following reports of declining iPhone 15 sales with some analysts saying...

Cheddar News

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JetBlue drops routes after failing to acquire Spirit Airlines

JetBlue is dropping a number of routes in order to cut costs after failing to complete its acquisition of Spirit Airlines. The airline will reduce departures out of Los Angeles from 34 a day, down to 24. So fliers of JetBlue will no long...

Cheddar News

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Nvidia announces next generation of A.I. chips

Nvidia announced its next generation of AI chips at the company's annual GTC conference. In his keynote address, Nvidia CEO Jensen Huang called the newly launched Blackwell line "more of a platform." The new line provides a significant u...

Cheddar News

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Tennessee Volkswagen workers will vote to unionize

The United Autoworkers Union say Chattanooga, TN Volkswagen workers are seeking an election to unionize. The majority of workers at the plant have signed union cards, and have filed a petition with the National Labor Relations Board. Thi...

Cheddar News

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Topps releases first ever March Madness trading cards

Topps has introduced the first-ever March Madness trading cards under the Bowman brand. These cards feature 20 NCAA student athletes participating in the men's and women's basketball tournaments. Each pack contains six base cards, one au...

Cheddar News

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MrBeast launches Amazon game show with $5 million grand prize

Popular Youtube star, MrBeast, is launching a new reality competition show called "Beast Games" on Amazon Prime Video. The show will feature over 1,000 contestants competing for a 5 million dollar prize, aiming to set records for the lar...

Cheddar News

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Apple in talks to license Google's Gemini A.I. tool

Apple is in talks to potentially license Alphabet's AI Tool Google Gemini. That's according to Bloomberg. The companies are reportedly in 'active negotiations' about Apple licensing Gemini to power AI features in the upcoming IOS 18 late...

Cheddar News

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Meta being investigated for alleged role in the drug market

The Wall Street Journal reports that Meta is under investigation by federal prosecutors for its alleged role in the sale of illegal drugs. The journal reports that investigators in Virginia have issued subpoenas and spoken to potential w...

Cheddar News

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E.U. investigating Alibaba over illegal content

The E.U. has opened an investigation into Alibaba over alleged illegal content on the platform. The EU's Commission is looking into whether the Chinese based e-commerce retailer Ali Express violated it's new digital services act, and whe...

Cheddar News

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More problems for Boeing after plane makes emergency landing

TikTok lobbies the government to avoid ban

The House of Representatives voted overwhelmingly Wednesday to pass a bipartisan bill that would force the owners of TikTok to divest or face an outright ban in the U.S. TikTok is fighting back. Posts on the social media site have popped...

Scripps News

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SpaceX loses Starship rocket hours after launch

SpaceX launched its colossal Starship rocket to near orbit in space before it was lost while returning to Earth, a notable improvement after the first two missions ended quickly in explosions. Elon Musk's company announced it lost the cr...

Bloomberg

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Tyson foods wants to hire 52,000 migrants

New York City shelters are overwhelmed with migrants.Many of them have arrived in Texas or Florida and then taken buses to New York. The city is scrambling as the number continues to climb and the migrants look to build a new life in Ame...

Scripps News

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Boeing's safety issues may impact summer travel

Airlines awaiting new fleet deliveries from Boeing say they're being forced to curb expansion plans, potentially affecting everything from hiring to ticket prices. The F.A.A. placed a cap on Boeing's 737 Max jets in January to slow produ...

Scripps News

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YouTube blocks video in India on Canadian Sikh's murder

The Indian government demanded YouTube censor CBC's The Fifth Estate documentary on the alleged contract killing of B.C. pro-Khalistan Sikh activist Hardeep Singh Nijjar. CBC/Radio-Canada received notice that content has been blocked in ...

CBC News

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Top U.S. diplomat criticizes China's response to potential TikTok ban

The top American diplomat in China sees Beijing's objection to a potential ban on TikTok in the U.S. as "supremely ironic." Ambassador Nicholas Burns discusses trade and technological sanctions on Chinese firms and his view that American...

Bloomberg

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Airbnb sees 1000% increase in homes along path of the eclipse

Christopher Nulty, Director of Communications at Airbnb, says the company has seen a 1000% increase in the number of bookings along the path of totality during the upcoming total solar eclipse on April 8.

AccuWeather

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United Airlines had seven flight mishaps in a week

A United Airlines flight to San Francisco from Australia had to return after two hours in the air because of an undisclosed maintenance issue. The flight was just one of seven faulty flights from the company in the past week.

Fox News

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Disneyland wins approval to expand Anaheim resort

Disney won approval from Anaheim city officials to expand the California resort over the next four decades. The company said the new upgrades to the park will include million of dollars for the nearby Anaheim area.

Fox News

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50 Cent's liquor company caught in legal battle

Rapper 50 Cent is facing a legal battle against those accusing him and his partner, Beam Suntory, of embezzling money from the company and banking $6 million dollars. Beam Suntory and the rapper are vehemently denying all claims that the...

Fox News

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Tyson Foods capitalizes on migrant inflow

Tyson Foods needs to fill 52,000 factory jobs. Some of them are not very pleasant ones. The company is now looking to hire some of the 181,000 migrants that have come through New York City over the past two years.

Bloomberg

Companies & Startups

Behind Hertz's doomed bet to electrify its fleet

Musk's Starlink terminals are winding up in the wrong hands

Boeing C.E.O. exits as safety concerns mount

McDonald's to start selling Krispy Kreme doughnuts

Private companies race to bring back supersonic commercial travel

Boeing set to send astronauts to the I.S.S.

Steve Wozniak says Apple is a monopoly to its users

FedEx stock surges after company announces $5 billion buyback

Apple sued by U.S. government over iPhone "monopoly"

Tim Cook visits Shanghai amid declining iPhone sales

JetBlue drops routes after failing to acquire Spirit Airlines

Nvidia announces next generation of A.I. chips

Tennessee Volkswagen workers will vote to unionize

Topps releases first ever March Madness trading cards

MrBeast launches Amazon game show with $5 million grand prize

Apple in talks to license Google's Gemini A.I. tool

Meta being investigated for alleged role in the drug market

E.U. investigating Alibaba over illegal content

More problems for Boeing after plane makes emergency landing

TikTok lobbies the government to avoid ban

SpaceX loses Starship rocket hours after launch

Tyson foods wants to hire 52,000 migrants

Boeing's safety issues may impact summer travel

YouTube blocks video in India on Canadian Sikh's murder

Top U.S. diplomat criticizes China's response to potential TikTok ban

Airbnb sees 1000% increase in homes along path of the eclipse

United Airlines had seven flight mishaps in a week

Disneyland wins approval to expand Anaheim resort

50 Cent's liquor company caught in legal battle

Tyson Foods capitalizes on migrant inflow