Texas Attorney General Ken Paxton on Thursday announced an investigation into Boeing parts supplier Spirit AeroSystems regarding its operations, as well as the company’s diversity, equity and inclusion (DEI) initiatives.Spirit AeroSystems is one of the largest manufacturers of aircraft parts in the world and makes the fuselages for the Boeing 737 and 787, as well as the Airbus A350 and the wings for the A220. The company’s work with Boeing has faced scrutiny in the wake of the midair blowout of a 737 Max 9’ ...

Call it a schmear campaign.Thousands of McDonald’s locations have put bagels back on the menu — after the company discontinued the breakfast item four years ago.The Chicago-based fast-food giant – which earlier this week announced a partnership with Krispy Kreme doughnuts – has seen a surprising surge in demand for the doughy delight, according to franchise owners. 4 McDonald’s removed breakfast bagels from its menu in 2020. McDonald's“I am hearing from operators who just rolled out that they are selling ...

Microsoft and ChatGPT parent OpenAI are working on plans for a data-center project that could cost as much as $100 billion and include an artificial intelligence supercomputer called “Stargate” set to launch in 2028, according to a report on Friday.The companies did not immediately respond to Reuters’ requests for comment.Rapid adoption of generative artificial intelligence technology has led to sky-rocketing demand for AI data centers capable of handling more advanced tasks than traditional data centers.Th ...

A top Republican lawmaker has urged President Biden’s Commerce Department to probe whether Microsoft’s business in China is a national security risk – after The Post highlighted growing fears on Capitol Hill that the Big Tech giant was getting too cozy with Beijing as it develops AI technology.A scathing letter by Rep. Pat Fallon of Texas sent on Feb. 12, which has not been previously reported, was addressed to Commerce Secretary Gina Raimondo – one of several US officials whose emails were brazenly hacked ...

United Airlines said late Friday that US safety regulators will boost scrutiny of the airline after a series of recent safety incidents.United’s corporate safety vice president, Sasha Johnson, said in a memo that over the next several weeks employees will see more of a presence by the Federal Aviation Administration “in our operation as they begin to review some of our work processes, manuals and facilities.”The Chicago-based airline has experienced several emergencies in the past two weeks. On March 15, an ...

Apple’s latest iPhone software update toggled on a “creepy-sounding setting” — and users are urging others to turn it off.The default setting, dubbed “Discoverable by Others,” is leading iPhone users to think their name and location are being shared without their consent. However, that isn’t the case, The Wall Street Journal reported. 3 As a part of iOS 17.2’s release on Dec. 11, 2023, Apple launched the Journal app. AppleAs a part of iOS 17.2’s release on Dec. 11, 2023, Apple launched the Journal app, wh ...

Nike shares tumbled 8% on Friday after the Air Jordan maker warned of lower sales in its first half as it replaces older styles with trendier sneakers, while Lululemon Athletica sank 17% as demand waned for its premium athleisure.While Lululemon’s gloomy forecast spotlights the challenges for retailers as customers reduce discretionary spending due to sticky inflation, Nike’s projection signals its efforts to battle newer brands for market share.“One of the things that both Lululemon and Nike have enjoyed o ...

The Justice Department called out Apple for afflicting Android smartphone users with the dreaded “green bubble” in text messages — calling it a mark of “social stigma, exclusion and blame” as part of its landmark antitrust case against the iPhone maker.“Green bubble” status has long been a source of mockery online, with some women even jokingly declaring that they find men who own Androids less attractive. In the past, Apple rivals like Google have demanded that the company “fix” texting.“Many non-iPhone us ...

Nike warned on Thursday that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world’s largest sportswear maker scales back on franchises to save costs.Nike’s warning came after the stock market closed, and shares were down 5.6% in extended trading. Executives acknowledged that Nike’s direct-to-consumer strategy was not driving growth as expected and that it was losing ground in the running category.In December, Nike outlined a $2 billion savings plan, which i ...

In a blow to Walt Disney, activist Nelson Peltz received a powerful endorsement in his battle against the entertainment conglomerate on Thursday, when proxy advisory firm Institutional Shareholder Services (ISS) recommended shareholders elect him to the board.ISS, whose recommendations can sway hundreds of investors’ votes, said Peltz, a large Disney shareholder, could ensure the board does its job well as it tackles questions of CEO succession and strategy at the home of Mickey Mouse.The recommendation com ...