Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
Boeing’s aircraft deliveries won’t recover in the second quarter from the first, as the manufacturer deals with a host of production challenges, its CFO said.
Supreme Court rules for GOP in South Carolina redistricting case
Civil rights groups argued that Republican Rep. Nancy Mace’s district was redrawn by unlawfully removing thousands of Black voters.
Does college still pay? Workers without a degree are doing better than they have in years, report finds
Just when many young adults are questioning the value of a four-year college, economic outcomes for workers without a degree are improving, a new report finds.
Tornado causes havoc in Texas as record-breaking heatwave looms
The city of Temple, northeast of Austin, declared a state of emergency and opened a shelter for displaced people after a twister caused widespread devastation.
Amazon cloud boss Matt Garman inherits business under pressure to keep pace in AI
Adam Selipsky’s three-year tenure at the helm of Amazon Web Services coincided with slowing growth and an increasingly competitive landscape in AI.
Nvidia shows no signs of AI slowdown after over 400% increase in data center business
Nvidia finance chief Colette Kress told investors on Wednesday that cloud providers were seeing an “immediate and strong return” on investment.
JetBlue, British Airways seek partnership to expand networks
JetBlue, British Airways need DOT approval for the code-sharing agreement, which would allow the airlines to sell seats on each other’s flights.
Embattled AI firm Appen loses more executives, months after Alphabet cut ties
Appen, the AI firm that once counted Google, Microsoft and Nvidia as clients, has lost its executives in charge of of revenue and marketing.
News Corp. and OpenAI strike ‘multi-year global partnership’ deal to use journalistic content to improve ChatGPT
OpenAI and News Corp. on Wednesday entered into a “multi-year global partnership” that will allow OpenAI to display News Corp.-owned articles within ChatGPT.
Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games
Warner Bros. Discovery will carry two College Football Playoff games on TNT and Max’s sports tier starting in December.
