United Airlines reports $124 million loss in a quarter marred by grounding of some Boeing planes

[ad_1] United Airlines said Tuesday that it lost $124 million in the first quarter, which it blamed on a three-week grounding of all Boeing 737 Max 9s after a panel blew off an Alaska Airlines Max jetliner in January. United indicated it would receive far fewer new planes from Boeing this year than it expected, … Read more

Participant, studio behind ‘Spotlight,’ ‘An Inconvenient Truth,’ shutters after 20 years

[ad_1] Participant, the activist film and television studio that has financed Oscar winners like “Spotlight” and socially conscious documentaries like “Food, Inc,” and “Waiting For Superman” is closing its doors after 20 years. Billionaire Jeff Skoll told his staff of 100 in a memo shared with The Associated Press Tuesday that they were winding down … Read more

What a murderous Winnie the Pooh can tell us about the public domain and remix culture

[ad_1] LOS ANGELES — The giant stuffed bear, its face a twisted smile, lumbers across the screen. Menacing music swells. Shadows mask unknown threats. Christopher Robin begs for his life. And is that a sledgehammer about to pulverize a minor character’s head? Thus unfolds the trailer for the 2023 movie “Winnie the Pooh: Blood and … Read more

Apple App Store – Top Apps

[ad_1] Top Free iPhone Apps (US): 1. Temu: Shop Like a Billionaire, Temu 2. Threads, an Instagram app, Instagram, Inc. 3. SHEIN – Shopping Online, ROADGET BUSINESS PTE. LTD. 4. Google, Google 5. CapCut – Video Editor, Bytedance Pte. Ltd 6. TikTok, TikTok Ltd. 7. The Masters Tournament, Augusta National, Inc. 8. WhatsApp Messenger, WhatsApp … Read more

Microsoft invests $1.5 billion in AI firm G42, overseen by UAE’s national security adviser

[ad_1] REDMOND, Wash. — Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft and the technology holding company G42 announced the deal Tuesday. As part of the agreement, Microsoft’s president, Brad Smith, will join G42’s board of directors. The … Read more

Bank of America’s Q1 profits fall 18% on higher expenses, charge-offs

[ad_1] NEW YORK — Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts’ estimates. The Charlotte, North Carolina-based bank posted a profit of $6.67 billion, or 76 cents per share, compared with $8.2 billion, or … Read more

Stock market today: Wall Street hesitates in mixed trading as Treasury yields rise more

[ad_1] U.S. stocks are hesitating in mixed trading, as strong profit reports from some big companies compete with continued worries about high interest rates. The S&P 500 was flat at the open of trading Tuesday, coming off a sharp loss after higher Treasury yields cranked up the pressure. The Dow Jones Industrial Average was up … Read more

Biden returns to his Scranton roots to pitch tax plan

[ad_1] WASHINGTON — President Joe Biden returns to his childhood hometown of Scranton on Tuesday to open three straight days of campaigning in Pennsylvania, capitalizing on the opportunity to work the battleground state while Donald Trump spends the week in a New York City courtroom for his first criminal trial. The Democratic president plans to … Read more

Nissan says it will make next-generation EV batteries by early 2029

[ad_1] YOKOHAMA, Japan — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector. But Nissan, like … Read more

Nissan says it will make next-generation EV batteries by early 2029

[ad_1] YOKOHAMA, Japan — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector. But Nissan, like … Read more