Apple on Monday provided a peek at upcoming tweaks to the software that powers more than 1 billion iPhones and rolled out two laptops that will be the first available with the next generation of a company-designed microprocessor. As usual, Apple spent most of the opening day of its annual… Read More
Musk threatens to tank Twitter deal over this
Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot and fake accounts. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday, and Twitter… Read More
1st remote air traffic controller in US to be in Alabama
A company is seeking to build the country’s first-ever remote air traffic control center, which could handle traffic for multiple airports, on the site of an old Air Force base in Alabama, a newspaper reports. Advanced ATC Inc., an air traffic control academy based in Valdosta, Georgia, announced plans Thursday… Read More
Stocks sink after jobs report
U.S. stocks are falling Friday as Wall Street focuses on the downside of the still-strong U.S. jobs market. The S&P 500 was 1.5% lower in midday trading after a report showed employers hired more workers last month than economists expected. While that’s a good sign for the economy amid worries… Read More
Runaway summer job market awaits US teens
Mary Jane Riva, CEO of the Pizza Factory, has a cautionary message for her customers this summer: Prepare to wait longer for your Hawaiian pie or calzone. The Pizza Factory’s 100 West Coast locations are desperately short of workers. With about 12 employees per store, they’re barely half-staffed — just… Read More
Last location of Howard Johnson’s closes in NY
The Howard Johnson’s restaurant in this upstate New York resort village — the last of the once-pervasive eateries serving food under orange roofs with blue spires — is closed. The restaurant just south of Lake George in the Adirondack Mountains did not open over Memorial Day weekend and is for… Read More
Ford plans to add 6,200 jobs in Midwest
Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models. The company says it will invest $3.7 billion in the three states between now and 2026. It also will convert about 3,000 temporary workers… Read More
Sheryl Sandberg, long Zuckerberg’s No. 2 exec, steps down
Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, who helped turn its business from startup to digital advertising empire while also taking blame for some of its biggest missteps, is stepping down. Sandberg has served as chief operating officer at the social media giant for 14 years. She… Read More
Amid availability concerns, antique furniture becomes new
There’s always been a taste for antique furnishings. These days, a widely acquired taste. Antiques are hot partly because of supply chain delays and higher prices for many custom or mass-market pieces. There’s also the public’s turn toward sustainability: Environmentally-conscious buyers are averse to throwaway furniture, and are trying to… Read More
Jen Psaki replacement stunned by this question
On Tuesday, President Joe Biden met with Federal Reserve chair Jerome Powell to discuss disinflation. Meanwhile, his White House held a press briefing with press secretary Karine Jean-Pierre, economic adviser Brian Deese, and some members of the South Korean musical act BTS. Jean-Pierre fielded some questions and tried to deflect… Read More
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