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Boeing Scrubs Starliner Launch, Complicating Company’s Passenger Jet Woes

Boeing Scrubs Starliner Launch, Complicating Company’s Passenger Jet Woes

Boeing scrubbed its attempt to launch its Starliner capsule named ‘Calypso’ on May 6, which was supposed to be a break for Boeing’s issues in its passenger jet operations.


Boeing Faces New FAA Investigation After Admitting Possibly Missing Required 787 Dreamline Inspections

Boeing is facing a new FAA investigation. The probe was triggered after it admitted possibly missing some required inspections for the 787 Dreamliner.

Citigroup CEO Shares How Inflation Affects Consumer Behavior; Jane Fraser Says Low-Income Americans Now More Cautious With Spending

Citigroup CEO Jane Fraser said she's seeing a "K-shaped consumer" as the U.S. inflation continues. Here's what she meant by that.

Tesla Enters 4th Week of Layoffs as Elon Musk Announces New Job Cut Round, Making More and More Employees Hopeless

Elon Musk announces new job cut round, making Tesla enter its 4th week of layoffs. More and more employees are becoming hopeless.


Latest News

HONG KONG-CHINA-AUCTION-WATCH-EMPEROR-PUYI
WatchFund, led by Dominic Khoo, has been ordered by a Hong Kong court to repurchase luxury watches worth $2.5 million following breaches of contract with five investors.
Save up to $49 on Apple AirPods 2 and 3 at Amazon Today: Limited Time Offer
Save big on Apple AirPods 2 and 3 at Amazon, with discounts up to $49. AirPods 2 are now $79.99 (38% off), and AirPods 3 are $139.99 (17% off). This is a limited-time offer!
SEC
Robinhood received a warning from the Securities and Exchange Commission regarding potential legal action over its cryptocurrency operations. This signals regulatory scrutiny, focusing on alleged violations of Sections 15a and 17a of the Securities Exchange Act of 1934.
Apple Releases iPhone 12 and iPhone 12 Pro
Foxconn reports its highest-ever April revenue surge, with a nearly one-fifth increase compared to last year, driven partly by strong iPhone demand and diversification efforts.
BRITAIN-US-BLOCKCHAIN-CRYPTOCURRENCY-STABLECOINS-USDT-TETHER
A cybersecurity group led by Justine Bone, known as Crypto ISAC, will now be in motion to prevent crypto hacking and other malicious activities, providing greater confidence to investors and users.
General Motors might need to leave China as losses mount to $106 million in just three months, the third time in 15 years.
CHINA-CULTURE
A man in China ran a modus operandi using 4,600 phones to fake live-stream viewer counts, earning $415,000 in less than four months.
BRITAIN-US-BLOCKCHAIN-CRYPTOCURRENCY-STABLECOINS-USDT-TETHER
A recent study reveals that over 90% of stablecoin transaction volumes are not from consumers. An illustration picture taken in London on May 8, 2022, shows gold plated souvenir cryptocurrency Tether (USDT), Bitcoin and Etherium coins arranged beside a screen displaying a trading chart.
Bill Gates
The Bill & Melinda Gates Foundation, Novo Nordisk Foundation, and Wellcome Trust collaborated to solve global health concerns using science and technology.
Rue21 has announced that it will be shutting down all of its 540 locations in the coming weeks. Popular teens clothing retailer Rue21 is shutting all 540 of its locations in the the coming weeks as it declares bankruptcy after almost 50 years in operation.
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