The aviation industry is facing another setback as United Airlines has requested its pilots to take unpaid time off due to late-arriving aircraft from Boeing. This move is a clear indication of how Boeing’s manufacturing issues and safety concerns are negatively affecting the growth plans of its customers. According to a note sent to pilots
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Toyota Motor is currently exploring the possibility of expanding its U.S. truck lineup to include all-electric or plug-in hybrid electric versions of its popular Tacoma and Tundra pickups. This comes as the Japanese automaker aims to meet expected customer demand and comply with tightening federal emissions and fuel economy regulations. Jack Hollis, executive vice president
The recently released study by researchers at Yale University, King’s College Hospital in London, and Doctors Without Borders sheds light on the stark contrast between the manufacturing cost and the list price of the blockbuster diabetes drug Ozempic. According to the study, Ozempic could be manufactured for as little as $5 a month, yet Novo
McDonald’s has recently announced a partnership with Krispy Kreme to sell their doughnuts at McDonald’s restaurants nationwide by the end of 2026. This partnership will be exclusive for the fast-food giant in the U.S. McDonald’s plans to start the rollout in the second half of this year, but it will take approximately two and a
Boeing CEO Dave Calhoun has announced his decision to step down at the end of 2024, as part of a broad management shake-up for the embattled aerospace giant. The chairman of the board, Larry Kellner, is also resigning and will not stand for re-election at Boeing’s annual meeting in May. This move comes as the
The United States has quickly surpassed China as the leading country for millionaires and billionaires, according to the 2024 USA Wealth Report from Henley & Partners and New World Wealth. The report reveals that there are now over 5.5 million Americans with liquid investible assets exceeding $1 million, representing a 62% increase over the past
Disney’s ESPN, known as the world’s largest all-sports network, is currently facing a crucial juncture in its history. For over four decades, ESPN has thrived by increasing cable subscription fees, starting at less than $1 per month per subscriber in the 1980s. However, with the rise of cord-cutting in recent years, ESPN’s traditional revenue model
Sotheby’s is making a strategic move to cater to the ever-growing demand for sports memorabilia by introducing its inaugural “Sports Week.” This initiative aims to capture the attention of a younger audience and consolidate its position as a leading auction house in the sports collectibles market. The sports memorabilia market has witnessed a significant surge
In the realm of architecture, Artificial Intelligence (AI) is making significant strides, particularly in the housing sector. ICON, a pioneer in fully 3D-printed housing developments in the United States, is taking automation in architecture to the next level. Introducing Vitruvius, an AI program designed to assist consumers in creating custom homes online and obtaining plans
Recently, U.S. homebuilders have expressed an increased level of confidence in their businesses, marking the highest sentiment since the previous summer. Despite facing challenges with persistently high mortgage rates, their optimism has grown. The National Association of Home Builders/Wells Fargo Housing Market Index reported a 3-point increase in March, reaching a level of 51. This