Category: Business

China Lawyer Says Tesla Protest Is Designed to Please the CCP

Following her protest against Tesla at the Shanghai Auto Show last month, a woman surnamed Zhang, owner of a Tesla electric vehicle from Anyang, Henan Province, filed a lawsuit on May 6 with Beiguan Court against Tesla China and its Vice President Tao Lin for defamation. She is demanding a public apology and about $7,800 in…


Disney World and Other US Theme Parks Update Mask Rules

Disney World and other U.S. amusement parks updated their mask policy following the latest guidance from the Centers for Disease Control and Prevention (CDC) this week. Masks have been made optional in outdoor areas and pool decks at Walt Disney Inc’s Disney World in Orlando, Florida, effective May 15, but are still needed for entering…


US Requires Inspections for Wire Failure on Boeing 737 Classic Planes

WASHINGTON—The Federal Aviation Administration (FAA) said on Friday it was requiring U.S. operators of 143 Boeing Co 737 Classic series airplanes to check for possible wire failures stemming from an investigation into an Indonesia crash in January. The 737 Classic is an older generation of planes more than two decades old. The FAA said the…


House Republicans Urge Governors to Drop $300 Weekly Unemployment Boost

House Minority Leader Kevin McCarthy (R-Calif.) and several of his GOP colleagues wrote an open letter to the nation’s governors, urging them to “put America back to work” by ending the $300 weekly pandemic unemployment boost that they blame for discouraging people from taking jobs and hurting businesses and the economy. In the letter, co-signed…


Stores, States Drop Mask Mandates in Wake of CDC’s Updated Guidance

States and stores on Friday said they were largely dropping their mask requirements after a top U.S. health agency advised that people fully vaccinated against the virus that causes COVID-19 could stop donning face coverings. The governors of at least 10 states and officials at a slew of retail giants, like Walmart, announced they would…


Washington DC Running out of Gas, Even as Colonial Pipeline Recovers

WASHINGTON—Washington, D.C., was running out of gasoline on Friday, even as the country’s largest fuel pipeline network ramped up deliveries following a cyberattack and officials assured motorists that supplies would return to normal soon. The six-day Colonial Pipeline shutdown was the most disruptive cyberattack on record. Widespread panic buying continued two days after the pipeline…


Officials: Tesla in Fatal California Crash Was on Autopilot

LOS ANGELES—A Tesla involved in a fatal crash on a Southern California freeway last week was operating on Autopilot at the time, authorities said. The May 5 crash in Fontana, a city 50 miles east of Los Angeles, is under investigation by the National Highway Traffic Safety Administration. The probe is the 29th case involving…


Officials: Tesla Autopilot Probed in Fatal California Crash

LOS ANGELES—A Tesla involved in a fatal crash on a Southern California freeway last week may have been operating on Autopilot before the wreck, according to the California Highway Patrol. The May 5 crash in Fontana, a city 50 miles east of Los Angeles, is also under investigation by the National Highway Traffic Safety Administration….


Chip Shortage to Hit About 100,000 Mazda Vehicles in 2021

Mazda Motor Corp said on Friday it expects a semiconductor crunch to affect around 100,000 of the Japanese automaker’s vehicles globally during the fiscal year. However, Mazda will fully leverage available inventory to minimize the hit to about 70,000 wholesale units, it said in a statement. The worldwide shift to remote work and learning during…


Toshiba Unit Hacked by DarkSide, Conglomerate to Undergo Strategic Review

TOKYO/PARIS—A Toshiba Corp unit said it was hacked by the DarkSide ransomware group, overshadowing an announcement of a strategic review for the Japanese conglomerate under pressure from activist shareholders to seek out suitors. Toshiba Tec Corp, which makes products such as bar code printers and is valued at $2.3 billion, was hacked by DarkSide—the group…