United grounds Boeing 777s after engine failure incident
United Airlines has grounded all its Boeing 777s after an engine failure on one of these planes forced a flight to return to Denver Airport shortly after takeoff. CNN’s Pete Muntean and Alaa Elassar......
View ArticleLucid Motors to go public in largest SPAC deal to date
EV maker Lucid Motors is set to go public through a $11.75-billion merger with a blank-check company — the largest such deal to date. Reuters reported: Luxury electric vehicle maker Lucid Motors on...
View ArticleFairWarning closes after criticism over diversity
FairWarning.org, a California-based nonprofit website that covers safety, health and corporate conduct, closed last week amid concerns about diversity, reports Skye Witley of Current. Witley reports,...
View ArticleHow a reporter covers the psychedelics and cannabis industries
Yeji Jesse Lee of Insider talked about how she covers the psychedelics and cannabis industries. Here is an excerpt: What’s your favorite part about your job? I love feeling like I’m part of an... The...
View ArticleMotherboard reporters win Sidney award for Amazon union coverage
Lauren Kaori Gurley and Edward Ongweso Jr. of Vice’s Motherboard win the March Sidney Award for their coverage of the historic Amazon union election in Bessemer, Alabama. Workers at the massive...
View ArticleRoblox goes public
Gaming company Roblox listed on the NYSE hitting a total value of over $45 billion in its first day of trading. Joshua Franklin and Niket Nishant reported for Reuters: Shares of U.S. gaming company......
View ArticleApple sues ex-employee for giving trade secrets to reporter
Apple has sued a former product designer at the company for allegedly giving company trade secrets to a reporter, reports Chaim Gartenberg of The Verge. Gartenberg reports, “According to Apple’s suit,...
View Article$25-bln railroad merger to link all North America
Canadian Pacific has agreed to acquire Kansas City Southern in a $25-billion deal that will create a trans-North American railroad operator. The Wall Street Journal’s Jacquie McNish reported: Canadian...
View ArticleIntel to spend $20 bln on chip factories
Intel has announced an ambitious plan to expand its microchip manufacturing capacity, which will cost it $20 billion. Reuters’ Stephen Nellis reported: Intel Corp will greatly expand its advanced chip...
View ArticleVolkswagen says name change was a prank
After media reported on a leaked press release from Volkswagen that said it planned to change the name of its U.S. business, the company said the release was an early April Fools joke. CNBC’s... The...
View ArticleSupreme Court rules in favor of Google on Oracle dispute
The Supreme Court ruled that Google had not committed copyright infringement against Oracle when it was developing its Android operating system. CNN’s Brian Fung reported: The Supreme Court has handed...
View ArticleFT wins Malcolm Forbes award from OPC for Wirecard reporting
The Overseas Press Club announced Tuesday that the Financial Times team behind the years-long investigation into the German fintech group Wirecard are the winners of its Malcolm Forbes award for best...
View ArticleAmazon to India court: Please ignore Reuters
Amazon.com Inc. told an Indian court on Thursday a Reuters special report into the e-commerce giant’s business practices should not be considered as evidence. Aditya Kalra of Reuters reports, “The...
View ArticleTesla reports record profit for Q1
Tesla booked a record-high profit for the first quarter of the year on record car deliveries, bitcoin trade, and clean energy credits. CNBC’s Lora Kolodny reported: Tesla reported first-quarter results...
View ArticleGoogle parent reports record profit
Alphabet, Google’s parent company, beat its own quarterly profit record in Q1, booking a 32% digital ad sales jump from a year ago. Reuters’ Paresh Dave and Subrat Patnaik reported: Google parent...
View ArticleHow a Wall Street law firm threatened two business journalists
William Cohan writes for Vanity Fair about how Wall Street law firm Paul Weiss threatened business journalists Sujeet Indap and Max Frumes, the coauthors of a new book, “The Caesars Palace Coup,” about...
View ArticleOracle executive bullies The Intercept reporter about stories
An editor’s note posted on The Intercept Friday defends reporter Mara Hvistendahl‘s reporting about Oracle’s involvement in Asia. The note states, “In response to The Intercept’s recent coverage of...
View ArticleReuters parent reports earnings that beats estimates
Thomson Reuters exceeded first quarter revenue and operating profit forecasts on Tuesday, helped by gains in its three main divisions and a rebounding economy, as the global news and information...
View ArticlePeloton recalls all treadmills
Peloton is recalling all treadmills after one child died and numerous people were injured by the equipment. CNBC’s Lauren Thomas reported: Peloton announced Wednesday voluntary recalls of both its...
View ArticleRansomware attrack shuts down biggest fuel pipeline in U.S.
A ransomware attack has caused the shutdown of Colonial Pipeline Co.’s entire network as the company works with cybersecurity experts to restore normal operation. Reuters’ Devika Krisha Kumar and Laila...
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