Boeing admits mistake over 737 Max 9 door blowout
Boeing’s boss Dave Calhoun vows to find the cause of the incident on the Alaska Airlines flight.
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To repurpose an old joke: How do you create a $15-billion company? Answer: First, start with a $44-billion company … Yes, we’re talking about Elon Musk and the fate of Twitter-now-X, the social media platform he bought in October 2022 and spent the subsequent year turning into a hive of antisemitism, racism and all other…
New York and California make retail theft a 2024 priority: ‘We mean business’
The governors of New York and California announced sweeping plans to crack down on retail crime this week, as trade associations and police departments lobby for government action to curb theft. The plans include new legislation designed to increase the penalties for retail crime offenses and more funding for police departments and district attorney’s offices…
Barclays bank cut 5,000 jobs in cost-saving drive
The reduction is much higher than previously reported and a quarter of the cuts will take place in the UK.
Apple’s Vision Pro to Become Available in U.S. Feb. 2
Apple’s new mixed-reality headset will become available in the U.S. starting Feb. 2, setting the stage for the company’s premium-priced offering to compete in a crowded market. The tech giant’s Vision Pro headset, initially unveiled in June, will be available for pre-sale Jan. 19. It represents Apple’s first major new product in years. Copyright ©2024…
Bill Ackman claims he has ‘good reason to believe’ MIT behind plagiarism allegations against his wife
Bill Ackman says he has “good reason to believe” plagiarism allegations against his wife, former tenured Massachusetts Institute of Technology professor Neri Oxman, came from an inside source at the esteemed university. Business Insider expanded its investigation into Oxman’s 2010 MIT doctoral dissertation on Friday, finding that aside from the four paragraphs of improperly-cited information…
Retailers take $100B hit over bogus returns: ‘Sent back box of bricks instead of TV’
Retailers — already hard-hit by rampant shoplifting — are facing another threat to their bottom line from scammers who are stuffing bricks, fake receipts and counterfeit goods in return packages. The fraudsters have targeted this retail underbelly to swipe billions of dollars by gaming the returns system, especially after the holiday season, according to a…
