Tesla Promises Paid Robotaxis Next Year, but Significant Hurdles Remain
Oct. 23 By Chris Kirkham (Reuters) -Tesla CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hailing services to the public in California and Texas next year, a claim likely to face significant regulatory and technical challenges. “We think that…
Supreme Court Rebuffs Challenge to Job Protections for US Consumer Watchdog Leaders
Oct. 21 By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court declined on Monday to hear a conservative challenge to job protections for the leaders of the federal consumer product safety watchdog in a case that would have given the justices a chance to…
Disney to Name CEO Bob Iger’s Replacement in 2026, Taps Morgan Stanley’s Gorman as Chair
Oct. 20 By Dawn Chmielewski (Reuters) -Walt Disney said on Monday it would announce a replacement for CEO Bob Iger in early 2026, marking the first time the storied media and entertainment company has formally announced a timetable for succession. The investor community said the…
Boeing Shares Rise After Labor Offer but Analysts Wary of Worker Pushback
Oct. 20 By Abhijith Ganapavaram (Reuters) -Boeing shares rose 3% on Monday on hopes of an end to a crippling strike, although some analysts questioned whether a proposed labor contract unveiled over the weekend would muster enough support from the U.S. planemaker’s workers. About 33,000…
IBM Releases New AI Models for Businesses as GenAI Competition Heats Up
Oct. 19 By Arsheeya Bajwa (Reuters) – IBM released the latest version of its artificial intelligence models catered towards businesses on Monday, looking to capitalize on the surge in enterprises adopting generative AI technology. “Granite 3.0” models will be made open-source, similar to other versions…
Arizona Prosecutors Drop Charges Against Disabled Black Man Who Was Violently Arrested
Oct. 18 By Brad Brooks (Reuters) – Prosecutors in Arizona have dismissed charges against a Black man who is deaf and has cerebral palsy, and who was violently arrested by police earlier this year. Bodycam footage of Tyron McAlpin’s arrest in August sparked outrage after…
Election race: Toxic Ukrainian Case
Oct. 19 By Julia O`Malley In this publication, it is proposed to consider the attempts by Democrats and Republicans to use the Russia-Ukraine conflict as an instrument in the ongoing pre-election struggle for the US presidency. The visit of Vladimir Zelensky to the United States…
Factbox-Homeowner Insurers’ Responses After Hurricane Hits Florida
Oct. 17 By Matt Tracy (Reuters) – Hurricane Milton tore through Florida last week, causing as much as $55 billion in property damage throughout the Sunshine State, according to the latest analyst estimates. Hitting just two weeks after Hurricane Helene, Milton was the latest in…
Boeing Hones $15 Billion Financing Plan to Weather Crises, Sources Say
Oct. 16 By Shankar Ramakrishnan (Reuters) -Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jetmaker bolsters finances worsened by a crippling strike, but the timing remains unclear, four sources familiar with…
Hundreds of Boeing Workers Rally in Seattle as Strike Enters Second Month
Oct. 15 By Joe Brock and Matt McKnight SEATTLE (Reuters) -Boeing factory workers held a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker further…