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Inadequate Inspections Contributed to Jet-Engine Failure
Business

Inadequate Inspections Contributed to Jet-Engine Failure

A Pratt & Whitney engine broke down during a United flight to Honolulu in February 2021, showering a Colorado town with metal. Source link

Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
Business

Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition

The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares. Source link

U.S. Arms Makers Look Overseas to Boost Stockpiles
Business

U.S. Arms Makers Look Overseas to Boost Stockpiles

With demand for weapons surging in Ukraine and concerns rising about China, the Pentagon is supporting ‘friend-shoring’ manufacturing lines abroad. Source link

3M Just Agreed to a $6 Billion Settlement. More Lawsuits Await.
Business

3M Just Agreed to a $6 Billion Settlement. More Lawsuits Await.

Manufacturer faces lawsuits over forever chemicals filed by personal injury lawyers, state attorneys general. Source link

This Company Is Nvidia's AI Chip Partner---and Its Stock Is Soaring
Business

This Company Is Nvidia's AI Chip Partner—and Its Stock Is Soaring

SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been viewed as an industry pioneer.

Utilities Face a Growing Dilemma: Shut Off Power or Risk Wildfires
Business

Utilities Face a Growing Dilemma: Shut Off Power or Risk Wildfires

As wildfire risk spreads from Oregon to Hawaii, utilities weigh whether to leave customers in the dark when winds pick up. Source link

Nvidia Supply Concerns Ease, but Long-Term Challenges Remain
Business

Nvidia Supply Concerns Ease, but Long-Term Challenges Remain

Questions persist regarding artificial-intelligence demand and geopolitics. Source link

A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
Business

A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley

It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the world’s most valuable companies. Source

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Business

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest

Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link

Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Business

Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods

Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link