CATEGORIES

Airbus Posts Profit, Plans New Jet Assembly Line in Alabama

Airbus said that its profit in the first three months of 2022 more than tripled to 1.22 billion euros ($1.28 billion), helped by an increase in aircraft deliveries as airlines recover from the worst of the pandemic.

A Loved One Owes You Money Now What?

Your sibling asked you to cover their rent for a couple of months while they were between jobs. Or maybe you loaned a friend a few hundred bucks for a car repair they couldn’t afford.

TELECOMN GROUPS END FIGHT AGAINST CALIFORNIA NET NEUTRALITY

Telecommunications industry groups ended their bid to block California’s net neutrality law that bars broadband providers from throttling service.

STELLANTIS POURS BILLIONS MORE INTO CANADA, ELECTRIC

Automaker Stellantis said it will invest $3.6 billion Canadian dollars ($2.8 billion) to upgrade two Canadian assembly plants and expand a research center as it accelerates its long-term electrification strategy.

CALIFORNIA MOVES TO EMBRACE CRYPTOCURRENCY AND REGULATE IT

California, which has a economy larger than all but four countries and where much of the world’s technological innovation is born, on Wednesday became the first state to formally begin examining how to broadly adapt to cryptocurrency and related innovations.

MUSK GETS $7B BACKING FOR TWITTER BID FROM TECH HEAVYWEIGHTS

Billionaire Elon Musk has strengthened the equity stake of his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison.

IDAHO NEEDS TO SHORE UP CYBERSECURITY, TASK FORCE SAYS

Idaho needs to be better prepared to defend against inevitable cyberattacks that could harm individuals, businesses and critical infrastructure, the Governor’s Cybersecurity Task Force said in a report released this week.

ELON MUSK ASKED TO TESTIFY ON TWITTER BY UK PARLIAMENT

A British parliamentary committee scrutinizing draft online safety legislation has invited Elon Musk to discuss his plans to buy Twitter and the changes he’s proposing for the social media platform.

CDC RESTATES RECOMMENDATION FOR MASKS ON PLANES, TRAINS

US health officials this week restated their recommendation that Americans wear masks on planes, trains and buses, despite a court ruling last month that struck down a national mask mandate on public transportation.

NASA CLIMATE RESEARCH SCIENTIST WINS WORLD FOOD PRIZE

A NASA climate research scientist who has spent much of her career explaining how global food production must adapt to a changing climate was awarded the World Food Prize on Thursday.

IDEAS ON MUTE? STUDY: REMOTE MEETINGS BRAINSTORMING

Video meetings dampen brainstorming because we are so hyper-focused on the face in that box that we don’t let our eyes and minds wander as much, a new study found.

TRUMP SAYS HE HAS NO PLANS TO REJOIN TWITTER AFTER MUSK DEAL

Former President Donald Trump said that he has no intention of rejoining Twitter even if his account is reinstated following Elon Musk’s agreement to buy the social media giant for roughly $44 billion.

SHARES OF FACEBOOK PARENT META SOAR DESPITE GROWTH SLOWDOWN

Facebook parent Meta’s first-quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading.

GOOGLE PARENT SUFFERS 1Q GROWTH SLOWDOWN, PROFIT DECLINE

Google’s corporate parent posted its slowest quarterly revenue growth since 2020, the latest sign that the huge gains enjoyed by technology companies during the pandemic are fading into the rear-view mirror.

ROUNDING LIFE'S SECOND CURVE A HARD ROAD OF SELF DISCOVERY

It took Jack Craven 20 years to grasp that running his family’s wholesale business selling goods to discount stores wasn’t how he wanted to spend the second half of his life. He also figured out his ever-mounting unhappiness had taken a toll on his relationships with loved ones.

GROUPS THAT WANT TO ELECTRIFY USPS FLEET FILE LAWSUITS

Groups that want the U.S. Postal Service to buy more electric delivery vehicles are suing to halt purchases of thousands of gas-powered trucks as the agency modernizes its mail delivery fleet.

GM TO OFFER ELECTRIFIED CORVETTE AS EARLY AS NEXT YEAR

General Motors says it will offer an electrified Chevrolet Corvette as early as next year.

COOKIE MONSTER, ELMO, ABBY UNITE FOR SHOW ‘MECHA BUILDERS'

Cookie Monster, Elmo and Abby Cadabby are utterly transformed in a new “Sesame Street” show. You might even say they’re Transformers.

DJI HALTS RUSSIA, UKRAINE BUSINESS TO PREVENT DRONE MISUSE

Drone company DJI Technology Co has temporarily suspended business activities in Russia and Ukraine to prevent use of its drones in combat, in a rare case of a Chinese company pulling out of Russia because of the war.

CHINA GRANTS FIRST DRIVERLESS TAXI PERMITS TO BAIDU, PONY.AI

China has granted Chinese internet services company Baidu and a rival autonomous car company, Pony.ai, permits to provide driverless ride-hailing services to the public in Beijing, a significant regulatory step in the country’s pursuit of driverless technology.

CLIMATE CHANGE MAY INCREASE RISK OF NEW INFECTIOUS DISEASES

Climate change will result in thousands of new viruses spread among animal species by 2070 — and that’s likely to increase the risk of emerging infectious diseases jumping from animals to humans, according to a new study.

A CHILLING RUSSIAN CYBER AIM IN UKRAINE: DIGITAL DOSSIERS

Russia’s relentless digital assaults on Ukraine may have caused less damage than many anticipated. But most of its hacking is focused on a different goal that gets less attention but has chilling potential consequences: data collection.

Zuckerberg Money Won't Be in Next Round of Aid for Elections

The nonprofit that distributed most of the $350 million in donations from Facebook founder Mark Zuckerberg to election offices in 2020 said that it won’t disburse similar donations this year after backlash from conservatives suspicious that the contributions tilted the outcome of the presidential race toward Joe Biden.

MUSK LAWYER: GAG ORDER WOULD TRAMPLE ON FREE SPEECH RIGHTS

Elon Musk’s lawyer says a federal judge would trample on the Tesla CEO’s free speech rights if he ordered Musk to stop talking about 2018 tweets saying he had the funding to make Tesla a private company.

TESLA 1Q EARNINGS 7 TIMES MORE THAN YEAR AGO ON STRONG SALES

Tesla reported that its first-quarter net earnings were over seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.

MEXICAN SENATE APPROVES NATIONALIZATION OF LITHIUM MINING

Mexico’s Senate passed a bill this week to nationalize lithium mining and extraction. The bill was submitted by President Andrés Manuel López Obrador, who is expected to sign it into law.

NETFLIX SHARES DROP 26% AFTER IT LOSES 200K SUBSCRIBERS

Netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the pioneering streaming service may have already seen its best days.

MUSK SAYS HE HAS $46.5B IN FINANCING READY TO BUY TWITTER

Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, and he’s trying to negotiate an agreement with the company.

JUDGE SENDS ASSANGE EXTRADITION DECISION TO UK GOVERNMENT

A British judge this week formally approved the extradition of Julian Assange to the United States to face spying charges. The case will now go to Britain’s interior minister for a decision, though the WikiLeaks founder still has legal avenues of appeal.

FOR RUSSIAN DIPLOMATS, DISINFORMATION IS PART OF THE JOB

As governments and social media companies have moved to suppress Russia’s state media and the disinformation it spreads about the war in Ukraine, the Kremlin’s diplomats are stepping up to do the dirty work.