Boeing has been dealing with a tough time for years now. Two plane crashes and a pandemic later, the company is looking to boost its finances. So, they've just announced a plan to sell some of their shares worth about $19 billion. This isn't their first big money move, as they've already raised $25
Tariffs can really slow down economic growth, making a country less rich than it could be. Free trade helps boost wealth by letting nations make things they're best at. The U. S. excels at making advanced planes, like those from Boeing, and high-tech chips, like ones made by Nvidia. Plus, it's cheap
Mexico is seeing a significant increase in trade with the United States, especially since the United States-Mexico-Canada Agreement (USMCA) came into force. This agreement allows products made in Mexico using foreign materials to be labeled as "Made in Mexico" and avoid certain tariffs. Companies li
Elon Musk, Tesla's CEO, recently said a $25, 000 car with a steering wheel and pedals is "pointless. " But why the change of heart? Let's dive into the story. In 2020, Musk talked about a $25, 000 Tesla at the Battery Day event. He said new battery tech would make this possible in three years. But
Tesla and Elon Musk have found themselves in hot water again. This time, it's not about electric cars but an image they used to promote their new self-driving taxi. Alcon Entertainment, the producers of "Blade Runner 2049, " allege that Tesla copied an iconic scene from the movie without permission.
Elon Musk, the CEO of Tesla, saw his net worth jump by a whopping $26 billion in just one day. This massive increase came after Tesla’s stock had its best day since 2013, making Musk even wealthier. He now has an estimated net worth of $269 billion, which is more than $50 billion more than his frien
A court has ruled that Elon Musk doesn't have to delete his 2018 tweet about Tesla workers and unions. The Fifth Circuit Court of Appeals said the tweet, which hinted at losing stock options if workers unionized, is protected speech. This means Musk doesn't have to follow an earlier order from the N
LinkedIn, the professional networking site owned by Microsoft, has been slapped with a hefty fine of $335 million by Ireland’s Data Protection Commission (DPC). The fine is due to the company's mishandling of user data for targeted advertising, which breached the European Union’s General Data Protec
This week, the tech giants of the S&P 500 Index are gearing up to report their third-quarter earnings. Companies like Apple, Nvidia, Microsoft, Alphabet, and Amazon are facing a new reality: slower profit growth. While they are still projected to see an average increase of 19%, this is lower than pa
You might think all cargo airlines in the US operate the same way, but that's not the case. Some key players like FedEx and UPS have massive hybrid networks, while others blend cargo into their passenger planes' schedules. Let's dive into how these airlines tackle the freight game. Cargo giants lik
