Inflation rate eases to 4.9% in April, less than expectations
The consumer price index was expected to rise 0.4% in April, according to Dow Jones.
UK man pleads guilty to Twitter hack that compromised accounts of Joe Biden, Elon Musk
Joseph O’Connor, 23, submitted his guilty plea in a New York court on Tuesday, according to a Department of Justice press release.
Putin’s ‘one-tank’ military parade was an embarrassment for Russia, analysts say
Russia’s scaled-down Victory Day military parade highlighted the country’s depleted resources.
Toyota targets 10% profit jump, robust EV sales as chip woes recede
Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business year.
Air New Zealand’s planned in-flight sleeping pods could cost nearly $100 an hour
Air New Zealand provided more details about its previously announced in-flight sleeping pods, including estimated costs and routes.
Twitter to launch encrypted direct messages with voice and video chat to follow, Elon Musk says
Twitter could launch encrypted direct messages on Wednesday, Elon Musk said, as the CEO outlined plans to boost communication features on the social media app.
Ireland wants to put its soaring corporate tax receipts into a new sovereign wealth fund
Multinationals in Ireland have paid record amounts of corporate tax in recent years, and the country estimates its budget surplus could hit 6.3% of GNP.
Microsoft ramps up A.I. game with bet on startup that helps coding novices build apps
The deal signifies a further bid by Microsoft to ramp up its efforts in AI, which has become a key focus for the company.
Bank of England set for 12th straight interest rate hike, but the outlook remains murky
The Bank of England is expected to hike interest rates for the 12th consecutive meeting on Thursday as inflation continues to run hot.
This under-the-radar EV charging stock could soar by 60%, Bank of America says
The EV charging firm is set to release two new models of superchargers, which is expected to power sales in the second half of the year.
