Category: Companies

NPR Quits Twitter Amid Spat With Elon Musk Over ‘State’ Media Label

National Public Radio (NPR) left Twitter after it was labeled by the social media firm as a “state-affiliated media,” according to the public broadcaster in an article published Wednesday. However, as of Wednesday morning, NPR’s account was still online. The outlet—currently labeled as “government-funded Media”—posted several consecutive Twitter posts telling users that they can download…


Wall Street Opens Higher as Inflation Data Eases Rate-Hike Worries

Wall Street’s main indexes opened higher on Wednesday as headline consumer prices cooled faster than expected in March, raising hopes that the Federal Reserve could hit a pause on its interest rate hiking cycle soon. The Dow Jones Industrial Average rose 79.42 points, or 0.24 percent, at the open to 33,764.21. The S&P 500 opened…


Tesla’s Dependency on China ‘Very Concerning’: US House Committee Chair

Tesla’s announcement to build a megapack factory in Shanghai has prompted questions about the American electric carmaker’s dependency on China, and a U.S. representative finds it “very concerning.” “Tesla seems entirely dependent, A, on the largesse of the federal government via tax breaks, and B, upon access to the Chinese market,” Rep. Mike Gallagher (R-Wis.)…


‘That’s a Lie’: Musk Blasts BBC Reporter on Twitter Hate Speech Issue

Twitter CEO Elon Musk ripped into BBC reporter James Clayton during an interview after the journalist consistently tried to insist that Twitter was enabling the proliferation of hate speech, but then failed to provide any proof of such content. In the interview on April 11 at Twitter headquarters, Clayton insists that hate speech content has risen on…


America’s Small Businesses Deeply Pessimistic About Economy

U.S. small-businesses owners are deeply pessimistic about economy, as inflation, higher borrowing rates, and a tight labor market weighed on their outlook last month. The National Federation of Independent Business’s (NFIB) optimism index, in a report on April 11. fell to 90.1 in March from 90.9 in February. This marks the fifteenth consecutive month below the 49-year…


Global Shares Trend Higher With Focus on Inflation Data

TOKYO—Global shares were mostly higher Wednesday, as investors watched for key inflation data likely to influence the Federal Reserve’s stance on interest rates. France’s CAC 40 added 0.4 percent in early trading to 7,420.32. Germany’s DAX edged up 0.4 percent to 15,709.27. Britain’s FTSE 100 surged 0.5 percent to 7,825.05. The future for the Dow…


Ford to Convert Ontario Plant Into Electric Vehicle Complex

DETROIT—Ford Motor Co. says it will spend $1.34 billion ($1.8 billion Canadian) to convert an SUV factory in suburban Toronto so it can build next-generation electric vehicles. The roughly 3,000 workers at the plant in Oakville, Ontario, are expected to keep their jobs depending on market conditions, the company said Tuesday. But some production workers…


Boeing Delivers 130 Planes in Q1, Beating Airbus by 3 Jets

WASHINGTON—Boeing on Tuesday announced 130 airplane deliveries over the first quarter of 2023, inching past rival Airbus, which delivered 127 jets. Boeing’s deliveries were up almost 27 percent from a year earlier, when it delivered 95 jets. The U.S. planemaker delivered 64 aircraft in March, 36 percent more than the 41 jets transferred to customers…


‘Science That Cannot Be Questioned Is Just Propaganda’: MEP Rob Roos on Getting Pfizer to Admit That Its COVID Vaccine Was Never Tested for Transmission

“For Pfizer … total contracts of the European Union was 72 billion euros to buy vaccines. They bought 10 vaccines for every person in the European Union. So, it’s a huge amount of taxpayers’ money.” I sit down with Rob Roos, a Dutch member of the European Parliament. Roos made global headlines after he got…


PREMIERING 7:30PM ET: ‘Science That Cannot Be Questioned Is Just Propaganda’: MEP Rob Roos on Getting Pfizer to Admit That Its COVID Vaccine Was Never Tested for Transmission

“For Pfizer … total contracts of the European Union was 72 billion euros to buy vaccines. They bought 10 vaccines for every person in the European Union. So, it’s a huge amount of taxpayers’ money.” I sit down with Rob Roos, a Dutch member of the European Parliament. Roos made global headlines after he got…