Author: Daniel snow

Circ invented a ‘fancy pressure cooker for textiles’ to help recycle fabric. They’re building a new facility next year. Source link

Ethiopian Federal policemen stand at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019.Tiksa Negeri | ReutersThe U.S. Justice Department said Friday that it has reached a deal with Boeing to avoid prosecution over two crashes of the plane maker’s 737 Max that killed 346 people.The so-called non-prosecution agreement would allow Boeing, a major military contractor and top U.S. exporter, to avoid being labeled a felon. The decision means Boeing won’t face trial as scheduled next month.The Justice Department met with crash victims’ family members…

The three building blocks every AI rollout needs Source link

Apple’s laundry list of problems got even longer Friday, and Jim Cramer said it could play right into the hands of an overseas competitor. If Apple is hit with the higher tariffs that President Donald Trump threatened Friday , it would likely need to raise prices on the iPhone — its biggest money maker — to protect its profits. An alternative would be keeping prices steady and absorbing a hit to margins, which investors usually do not want to see. In a note to clients Friday, Wells Fargo estimated that Apple would need to hike prices anywhere between $100 to…

Here’s why that feeling matters and what it means for founders setting high-stakes goals. Source link

The chip stock is on track to snap a four-week streak of gains. BofA analysts say next week’s earnings report could include “messy” guidance. Source link

FILE PHOTO: Apple CEO Tim Cook escorts U.S. President Donald Trump as he tours Apple’s Mac Pro manufacturing plant with in Austin, Texas, U.S., November 20, 2019. Tom Brenner | ReutersThe once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone.Last week, Trump said he “had a little problem with Tim Cook,” and on Friday, he threatened to slap a 25% tariff on iPhones in a social media post.Trump is upset with Apple’s plan to source the majority of iPhones sold in the U.S. from its factory partners in…

Ad spending on magazines has shrunk by nearly half since the first film came out in 2006, and the doorstop September issue is a thing of the past. Source link

A “Save Medicaid” sign is affixed to the podium for the House Democrats’ press event to oppose the Republicans’ budget on the House steps of the Capitol on Tuesday, February 25, 2024. Bill Clark | Cq-roll Call, Inc. | Getty ImagesThe multitrillion-dollar tax and spending package passed by the House of Representatives on Thursday includes historic spending cuts to Medicaid health coverage and the Supplemental Nutrition Assistance Program, or SNAP.Now, it is up to the Senate to consider the changes — and to perhaps propose its own.As it stands, the legislation — called the “One Big Beautiful Bill Act” — would…

Artificial intelligence could allow just one or two people to run a billion-dollar company. Here’s how. Source link