Jeju Air Disaster Prompts a Reckoning Over Runway Safety
Jeju Air Flight 2216 did not have to end in such a catastrophe. Early on Dec. 29, a clear Sunday morning, the Boeing 737-800 made an emergency landing on its belly at South Korea’s Muan…
Section
Culture
Tesla board looked for new CEO as Musk focused on White House: report
Tesla board members reached out about a month ago to several executive search firms to find a successor to CEO Elon Musk, The Wall Street Journal (WSJ) reported on Wednesday (Apr 30),…
Robinhood tops quarterly profit estimates as volatility fuels trading volumes surge
Retail trading platform Robinhood’s first-quarter profit more than doubled and beat analysts’ estimates on Wednesday (Apr 30), driven by a surge in trading volumes from clients looking to…
Hunter Biden drops lawsuit against IRS
Hunter Biden on Wednesday canceled a lawsuit that had accused the IRS of illegally trying to "embarrass" him by sharing his private tax information with the public. Source link
Amazon to invest US$4 billion to expand rural delivery network in US
Faster shipping has become a cornerstone of the company’s strategy, with it pouring billions into its logistics network to stay ahead of rivals including Walmart and Target …
Sam Altman's Eye-Scanning Orb Is Now Coming to the US
Sam Altman’s iris-scanning, identify-verification technology startup says it will begin expanding to the US starting May 1 and will launch a phone-like hardware device by next year. Those…
Trump says tariffs will force 'transition period' on some companies, promises to be 'flexible'
President Trump said there will be a "transition period" for some companies as his tariffs work themselves out and encourage greater reliance on U.S. products throughout the supply chain.…
Trump bashes 'fake polls' and touts November win
President Trump slammed the "fake polls" that show his approval rating as president is slipping. Source link
Uber Mideast unit delivers gold coins to doorsteps in Dubai
Dubai residents can now have 24-carat gold coins delivered to their homes in less than an hour as super app Careem targets millions of Indians in the United Arab Emirates. Dubai-based…
Gold retreats on firm dollar, US payrolls data on tap
Gold was subdued on Thursday (May 1) on the US dollar’s strength, while investors awaited more clarity on trade policy between the US and its trading partners, and looked forward to the US…
Canadian firm advances deal talks for Japan’s Seven & i with access to books
Alimentation Couche-Tard (ACT) and Japan’s Seven & i said that they have signed a non-disclosure agreement (NDA) that will give the Canadian company access to the Japanese retailer’s…
Trump's Title IX investigative team takes aim at Washington state's transgender policies
The Trump administration launched an investigation Wednesday into reports that Washington state has violated Title IX with its policies on transgender athletes and concealing students'…
Ripple offered to buy stablecoin rival Circle for up to US$5 Billion
The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp up their IPO plans Ripple has proposed a…
Biggest US dollar slump since 2022 hints at more losses ahead
The US dollar posted its worst month since 2022 after global investors cut back on US assets, with options markets still flashing warning signals. A gauge of the greenback is down around 4…
The pro bono problem
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual…
Republicans considering big boost to cap on federal deduction for state and local taxes
House Republicans are discussing a significant increase to the $10,000 cap on the federal tax deduction for state and local taxes in a bid to keep blue state GOP lawmakers on board with a…
Bipartisan Senate effort to nullify Trump tariff powers narrowly defeated by GOP leaders
The Senate GOP on Wednesday narrowly defeated a bipartisan effort to nullify the national emergency that President Trump used to justify his across-the-board tariffs, helped in part by…
Microsoft posts strong results fuelled by cloud sales growth
Microsoft reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of new tariffs and economic…
Trump leans on business deals, shuns Biden's government-powered economy
President Trump has quietly shifted more responsibility for driving economic growth and creating jobs to the private sector, a marked change from the Biden years, when significant job…
Barclays beats first-quarter forecasts as Trump turmoil supercharges trading
Barclays booked a stronger than expected 19 per cent increase in first-quarter profit on Wednesday (Apr 30), as trading activity surged in the early months of US President Donald Trump’s…
Fall 7 times, get up 8
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual…
NORAD chief says planning underway for Trump's 'Golden Dome' anti-missile shield
The commander of the joint U.S.-Canadian North American Aerospace Defense Command told the House Armed Services Committee that he envisions President Trump's Golden Dome missile shield as…
3 ways philanthropic organizations can help build trust
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual…
Another domestic abuse case surfaces for MS-13 suspect who Democrats want to un-deport
Homeland Security said Wednesday that it discovered Kilmar Abrego Garcia, the MS-13 gang suspect at the center of a political and legal battle, had a second domestic violence allegation…