Business

[ad_1] When a panel flew out of its Alaska Airlines 737 Max 9 plane mid-air in January, the safety standards and leadership at Boeing became front-and-center. It’s since seen a slower pace of production and deliveries have further slipped behind for the market leader and its German rival, Airbus.  As the Seattle-based aircraft maker deals with the fallout from the…

[ad_1] It’s been 30 years since the commercial real estate market was this bad—and that represents a generational entry point for investment, according to a top developer. The hybrid-work trend and high interest rates have sent commercial real estate values crashing in major cities, with Morgan Stanley warning earlier this year that office prices could face a 30% drop as a…

[ad_1] Bettany Hughes has been a fixture on British television for more than two decades. The 56-year-old historian and TV presenter has a special expertise in ancient times and is a sought-after lecturer. She’s written several bestselling books, from her first—Helen of Troy: Goddess, Princess, Whore—to her most recent, The Seven Wonders of the Ancient World: An Extraordinary New Journey Through History’s Greatest Treasures, out…

[ad_1] Inflation has been at the top of consumers’ minds for the better part of the last two years. But when one of Europe’s major grocers removes products over high prices, that’s when you know it’s really happening—and it’s hurting shoppers.  But after pulling PepsiCo products like Doritos and Pepsi from its shelves due to their “unacceptable” price tags, French…

[ad_1] China’s world-dominating EV sector hit two major milestones last year. First, China overtook Japan as the world’s largest car exporter, thanks in part to affordable Chinese EVs. And second, EV giant BYD briefly overtook Tesla as the world’s largest seller of battery electric cars in the final quarter of 2023. (Tesla has since retaken first place.) But the threat…

[ad_1] Taiwan Semiconductor Manufacturing Co., the world’s largest maker of advanced chips, halted some chipmaking machinery and evacuated staff after the biggest earthquake to hit its home island in 25 years. TSMC, the main contract chipmaker to Apple Inc. and Nvidia Corp., moved staff out of certain areas and said it’s assessing the impact of a temblor measuring 7.4 in magnitude off the east coast. Smaller…

[ad_1] After Xpeng’s CEO warned of an industry “bloodbath” sparked by a vicious price war, the Chinese carmaker is prepared to do everything it can to get its models off the lot in the European battleground.  The carmaker launched in Germany last week, and is part of a growing wave of Chinese brands that are expected to account for a…

[ad_1] Artificial intelligence will no doubt change much about our world in the long run. But for now, we may be living through an AI bubble. Those seeking evidence of this might cite news of Cognition Labs seeking a $2 billion valuation, as reported by the Wall Street Journal on Saturday. Founded in November, Cognition Labs makes Devin, which it…

[ad_1] Fidelity’s Blue Chip Growth Fund cut the value of its position in X by 5.7% in February, implying a 73% decline in the former Twitter Inc. since Elon Musk bought the social-media company. Fidelity, which gained a stake in X by helping Musk complete his $44 billion purchase in October 2022, valued the position at $5.28 million as of Feb. 29, according to…

[ad_1] It all began when  Dutch journalist Teun van de Keuken, or “Tony,” turned himself in for being a “chocolate criminal” in 2003. His crime? Paying for chocolate that used exploitative practices along the cocoa value chain. After a trial, he wasn’t found guilty of the said crime, but he made it his mission to turn chocolate into a vehicle…