Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that has halted most of the company’s aircraft production,…
Category:
Economy
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Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday. The…
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Economy
Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments
Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social media. So…
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Economy
New Boeing CEO to give clues about company’s future, while striking workers vote on new contract
Boeing has already braced investors for a rough quarterly report. Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from a potential strike-ending labor agreement to a…
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Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers, CNBC has learned. The company has stopped any new development of the service, called Amazon Today, and will…
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Economy
Some Juul users are receiving thousands of dollars as part of a $300M class action settlement
Four-figure checks tend not to fall out of the sky. But a group of e-cigarette users are suddenly finding themselves with a little extra cash, thanks to a massive class…
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DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter Rawlinson…
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Economy
Elon Musk, Tesla, Warner Bros. Discovery sued over alleged ‘Blade Runner 2049’ AI ripoff for Cybercab promotion
Elon Musk, his car company, Tesla, and Warner Bros. Discovery were sued Monday over their alleged artificial intelligence-fueled copyright infringement of images from the film “Blade Runner 2049” to promote Tesla’s robotaxi concept. The lawsuit by…
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Economy
TikTok parent company dismisses intern who it says ‘maliciously interfered’ with its AI technology
TikTok’s parent company says it has dismissed an intern who it found had ‘maliciously interfered’ with its artificial intelligence technology effort. In a statement in Chinese released Monday, the parent…
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Economy
Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back to Salesforce, which introduced its own configurable agentic AI tools in…