Workers assemble mobile phones at a Dixon Technologies factory in Uttar Pradesh, India, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images U.S. firms are increasingly viewing China as a risky bet for their supply chains — neighbor India is set to benefit as companies look elsewhere to […]
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IBM shares rise after earnings top estimates in ‘uncertain, volatile’ economy
IBM CEO Arvind Krishna speaks during the Business 20 (B-20) Summit in New Delhi on Aug. 25, 2023. Prakash Singh | Bloomberg | Getty Images IBM shares rose as much as 8% in extended trading Wednesday after the tech and services provider announced fourth-quarter results that exceeded Wall Street’s expectations. […]
FAA halts Boeing 737 Max production expansion, but clears path to return Max 9 to service
Alaska Airlines N704AL is seen grounded in a hangar at Portland International Airport in Portland, Oregon, on Jan. 9, 2024. Mathieu Lewis-rolland | Getty Images The Federal Aviation Administration on Wednesday halted Boeing’s planned expansion of its 737 Max aircraft production, but it cleared a path for the manufacturer’s Max […]
HPE hacked by same Russian intelligence group that hit Microsoft
Antonio Neri, president and chief executive officer of Hewitt Packerd Enterprise (HPE), speaks during the HPE Discovery CIO Summit in Las Vegas, Nevada, U.S., on Tuesday, June 19, 2018. The summit brings together experts and industry leaders to explore the critical elements CIO’s must address to enable speed and agility, […]
Billionaire Reid Hoffman pauses Nikki Haley funding after her New Hampshire loss to Trump, source says
Billionaire Reid Hoffman does not plan to give any more money to Nikki Haley‘s presidential campaign after her loss in the New Hampshire Republican primary, according to a person familiar with the matter. Hoffman is one of Haley’s first wealthy donors to start heading for the exit after she said […]
Tesla misses fourth-quarter estimates on weak auto revenue, warns of lower volume growth in 2024
Elon Musk, chief executive officer of Tesla Inc and X (formerly Twitter) Ceo speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy), on December 15, 2023 in Rome, Italy. Antonio Masiello | Getty Images Tesla reported revenue and profit for the fourth quarter that missed analysts’ […]
A new iPhone feature can help keep your money safe—here’s how to turn it on
Having your phone stolen can be frustrating enough without the thief also hacking into your apps and draining your bank accounts. While you may still lose your phone or have it stolen, a new iPhone feature aims to protect you from further troubles. Apple’s newly released Stolen Device Protection makes […]
Biden guest at State of the Union will be Texas abortion case mom
Kate Cox Courtesy The Center for Reproductive Rights The mother at the center of a high-profile Texas Supreme Court abortion case will attend President Joe Biden‘s State of the Union speech to Congress as a guest of the president and first lady Jill Biden, the White House said Wednesday. The […]
United Auto Workers union endorses President Joe Biden for reelection over Trump
President Joe Biden celebrates with United Auto Workers President Shawn Fain after Fain and the UAW endorsed Biden for president at a Community Action Program legislative conference in Washington, Jan. 24, 2024. Leah Millis | Reuters The United Auto Workers union is endorsing President Joe Biden for reelection this year, […]
Boeing CEO meets with lawmakers as 737 Max 9 scrutiny builds
Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Patrick T. Fallon | AFP | Getty Images Boeing CEO Dave Calhoun met with several U.S. senators Wednesday […]