Boeing shares stumble after mid-flight blowout
Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 11%.
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Record deals and tax-avoidance maneuvers: Southern California’s priciest sales of 2023
Southern California’s luxury real estate market never sleeps. But this past year, it collectively caught its breath. Luxury sales slowed down in 2023 — a combination of soaring interest rates, a newly introduced “mansion tax” and an inevitable drop-off from a pandemic market when megamansions flipped like hotcakes. In 2022, there were 17 home sales…
India Just Banned TikTok
Following rising domestic pressure to boycott Chinese-made goods, the Indian government on Monday ordered 59 Chinese apps to be blocked, including TikTok, WeChat, Shareit, and Clash of Kings. The Indian government framed the move as protecting personal information from what it called “malicious apps,” that “harm India’s sovereignty as well as the privacy of our…
HS2 to Birmingham may cost £65bn, railway boss says
The firm’s executive chair said HS2’s costs had risen so much over the past decade because of poor cost estimating, changes to the project’s scope, some poor delivery and the impact of inflation. He added that decisions to delay parts of the project for cashflow reasons, could end up meaning they cost more, and that…
Disneyland Is Getting Rid Of Its Popular Annual Pass Program Due To The Coronavirus Pandemic
Disneyland is ending its annual pass program after being closed for nearly a year due to the coronavirus pandemic, the resort announced Thursday. With Southern California experiencing the worst surge yet in COVID-19 cases and hospitalizations, and with no clear idea of when the theme park will be able to finally reopen, Ken Potrock, president…
From Silicon Valley to Shenzhen: A Comparative Analysis of Tech Innovation Hubs
In the global arena of technological innovation, Silicon Valley in the United States and Shenzhen in China stand out as two colossal hubs, each driving the future of tech in unique and impactful ways. While Silicon Valley is synonymous with startups, venture capitalism, and the birthplace of giants like Apple, Google, and Facebook, Shenzhen has…
Facebook Said It “Stands Firmly Against Hate.” It Still Ran A White Nationalist Ad.
Facebook took down the ad more than six hours after being alerted to it by BuzzFeed News. “The ads shouldn’t have run on Facebook and they’ve been removed,” said Rob Leathern, director of product management at Facebook. “We’ve also permanently banned this Page from using our advertising system.” The ad comes at a particularly fraught…
