Uber losses dramatically improve thanks to sale of self-driving unit
Uber's first-quarter net loss was $108 million, a tremendous improvement from a $968 million loss in its fourth quarter of 2020.
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Semiconductor shortage hits Ford Bronco SUV, Ranger pickup production
The downtime will not impact the Ford's plan to begin delivering the vehicles to dealers this summer, according to a company spokeswoman.
Moderna says Covid booster shot generates promising immune response against variants found in South Africa, Brazil
Moderna said its booster dose increased neutralizing antibody responses against the original virus as well as B.1.351 and P.1 variants.
CDC projects a surge in U.S. Covid cases through May due to variants before vaccinations drive a 'sharp decline'
While Covid cases are expected to increase this month, hospitalizations and deaths will likely remain low nationally, the U.S. agency said.
Mark Zuckerberg can no longer deflect blame for Trump's Facebook suspension
After oversight board's finding, Facebook CEO Mark Zuckerberg can no longer deflect blame for a decision on Trump's suspension.
Liz Cheney's top donors stand with her despite Republicans' push to oust her from House leadership
Some donors say they will withhold contributions to anyone who opposes Cheney.
GM expects to offer personal self-driving vehicles to consumers this decade
CEO Mary Barra's comments come after GM showcased a personal autonomous vehicle concept car for its Cadillac brand in January.
Facebook upholds Trump ban but will reassess decision over coming months
Facebook's oversight board effectively punted the decision on the length of the suspension back to the social media company.
Republicans ramp up threats against Big Tech after Trump Facebook ban upheld
House Minority Leader Kevin McCarthy, R-Calif., vowed to "rein in big tech power over our speech," while other GOP lawmakers and allies of Trump went further.
Jeff Bezos' Blue Origin to launch first space tourism passengers on July 20 and auction off a seat
Jeff Bezos' space venture Blue Origin on Wednesday announced the first passenger flight for its New Shepard tourism rocket will be July 20.
Treasury yields flat after private payroll data
U.S. Treasury yields rose on Wednesday after of the release of private payroll data for April.
Biden's families plan would cost $700 billion more than projected, new study says
President Biden's American Families Plan costs far more than the White House estimates and increase government debt by 5% by 2050, Wharton says.
Hertz endorses improved Knighthead bid in effort to exit bankruptcy
Car rental company Hertz Global Holdings on Tuesday backed a bid from Knighthead Capital Management to support its exit from bankruptcy.
Boeing beefs up business to convert old 737 passenger planes into cargo jets
Boeing inked a partnership with a Costa Rica-based company to convert old 737 planes into cargo jets.
Boeing-backed start-up Wisk signs first deal to operate air taxis in the U.S.
Wisk will own, operate and maintain up to 30 eVTOL aircraft that will be deployed as part of the Blade charter flight network.
Ford launching new off-road Timberline models starting with Explorer SUV
The 2021 Explorer Timberline, which the company unveiled Wednesday, features an updated exterior design, increased ground clearance and other off-road features
The Honest Company will dig into next stage of growth after IPO, founder Jessica Alba says
The Honest Company's public market debut will start a new stage of growth for the consumer products company, according to actress and founder Jessica Alba.
KFC looks to hire 20,000 workers as restaurant industry faces labor crunch
KFC on Wednesday announced it is looking to hire 20,000 workers as the restaurant industry struggles to find enough labor to meet returning demand.
GM expects strong first half of year despite production interruptions due to chip shortage
General Motors reported first-quarter results that easily beat Wall Street earnings expectations.
DeepMind extends hunt for the world’s best A.I. researchers to Toronto
The company posted a job ad for a research scientist in Toronto on its website last week and confirmed that it plans to build a small team in the city.
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