Tesla has criticized the US government's plans to ban Chinese software from US cars.In a regulatory filing, the automaker said the new rules would add "unneeded regulatory burdens."President Joe Biden announced plans to ban Chinese software after clamping down on China's EV giants. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite t ...

Unionized Boeing workers on Monday voted to accept a contract proposal, ending a seven-week strike.The deal increases pay by 38% over four years and gives workers a bonus for ratifying the contract.A Bank of America analyst estimated Boeing lost about $50 million a day due to the strike. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favo ...

Core Viewpoint - The New York Times' tech workers have initiated a strike, potentially disrupting operations during a critical election period, as they seek better working conditions and pay equity [2][4][6]. Group 1: Strike Details - The Tech Guild, representing software developers and data analysts, is picketing outside the Times' headquarters and has requested the public to avoid using certain digital services during the strike [3][4]. - The strike could create a divide between tech workers and other newsroom employees, who are concerned about the impact on the Times' ability to manage increased election-related traffic [4][5]. Group 2: Management Response - Times management claims to have made a strong offer, with total compensation for tech workers averaging $190,000, which is $40,000 more than that of journalists in the Times Guild [6]. - The Times emphasizes its commitment to fulfilling its public service mission and has plans in place to ensure operational continuity during the strike [6]. Group 3: Negotiation Background - The Tech Guild, formed in 2021, has been negotiating with management since 2022 and consists of 600 members, including various tech roles [6]. - The Times Co. chairman has indicated that the strike may persist at least through the election, suggesting a prolonged negotiation process [7].

Ryanair, Europe's biggest airline, repeatedly criticized Boeing in its latest earnings report.The budget carrier said delays to plane deliveries would lead to a 5 million passenger shortfall.Profits at the Irish airline were down 18% compared to the same period last year. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a ...

Berkshire Hathaway reduced its Apple stake again in the third quarter of 2024.Warren Buffett's company has now cut its shares in Apple by two-thirds over the last year.Buffett has sold off other large holdings, growing his cash stockpile to $325 billion. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed ...

Nvidia stock will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday.Intel had held the position for 25 years, and the shift represents a shake-up among the tech titans.Business Insider's Emma Cosgrove explains why the move matters for the broader AI ecosystem. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access yo ...

Nvidia is joining the Dow Jones Industrial Average, the S&P Dow Jones Indices said on Friday, replacing its rival Intel, which held the position for 25 years.Advertisement The news follows a series of setbacks for Intel, the storied, nearly six-decade-old chipmaker. As Nvidia's stock market value surpassed $3 trillion this year, Intel shares fell by more than half in 2024.Nvidia shares were up 3% in after-market trading. This story is developing. Check back for more information. ...

Comcast's Mike Cavanagh said the company will explore ditching its cable networks.The company may also look to partner Peacock with a rival streaming service.Wall Street analysts shared their takes on those potential moves, and why they might not make sense. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized ...

Group 1 - Wendy's will close 140 "outdated" stores this year, ahead of the previously expected 100 closures, which will leave its growth count flat for 2024 [2][3] - The closures are part of a strategy to replace underperforming locations with new restaurants in better areas, aiming for improved sales and profitability [4] - The company has opened over 500 locations in the last two years, indicating a focus on expansion despite the closures [3] Group 2 - Wendy's is nearing completion of a redesign that includes new technology and drive-thru improvements, with nearly 90% of restaurants updated [5] - The redesign is expected to enhance employee efficiency, simplify delivery orders, and improve customer satisfaction, leading to higher sales and profitability [5] - The new design is reported to cost nearly 10% less to build and is more economical for franchisees to operate, featuring efficient lighting and redesigned kitchens [5]

Apple missed sales estimates in Greater China last quarter.Greater China is a key market for Apple, with new AI features expected to roll out in April.Wedbush analysts said Apple may partner with Chinese tech firms like Baidu to bring AI to China. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while ...