A year after a panel blew out of a Boeing 737 Max during flight, the nation's top aviation regulator says the company needs "a fundamental cultural shift" to put safety and quality above profits. Mike Whitaker, chief of the Federal Aviation Administration, said in an online post Friday that ...
NEW YORK (AP) — South Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty Thursday to a freshly unsealed indictment released in time for his first U.S. court appearance. Kwon entered the plea in Manhattan federal court two days after his extradition from Montenegro. The ...
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices. The proposed settlement filed Tuesday in an Oakland, California, federal court would resolve a ...
DETROIT (AP) — Tesla posted its first annual sales drop in more than a dozen years Thursday, sinking a stock that has soared since Donald Trump's victory on optimism Elon Musk's close relationship to the president-elect will help the company. Tesla's global vehicle sales rose 2.3% in the ...
WASHINGTON (AP) — U.S. mortgage rates rose this week to the highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. It was at 6.62% a year ago. The uptick in the cost of home loans reflects a rise in ...
TOKYO (AP) — Global shares were mixed on Thursday, the first day of trading for 2025, with losses of more than 2% in Chinese benchmarks. France's CAC 40 dropped 0.5% to 7,346.33, while Germany's DAX rose 0.2% to 19,947.91. Britain's FTSE 100 was virtually unchanged at 8,174.85. The ...
