
FAA to Meet Airlines Over Newark Flight Cuts Amid Rising Delays and Staffing Woes
May 10, 2025 02:34 am UTC| Business Governance
The Federal Aviation Administration (FAA) will meet with major airlines on Wednesday to discuss potential temporary flight reductions at Newark Liberty International Airport. The move comes in response to ongoing flight...

U.S. Judge Blocks Rio Tinto Land Transfer Amid Apache Copper Mine Dispute
May 10, 2025 02:30 am UTC| Business Law
A U.S. federal judge has temporarily halted the transfer of federally owned land in Arizona to mining giants Rio Tinto (NYSE:RIO) and BHP for the controversial Resolution Copper project. The proposed mine has faced strong...

Google Reaches $1.375 Billion Settlement with Texas Over Privacy Violations
May 10, 2025 02:09 am UTC| Business Law
Google has agreed to pay $1.375 billion to settle two lawsuits brought by Texas Attorney General Ken Paxton over alleged violations of consumer privacy laws. The lawsuits accused Google of illegally collecting users...

Pinterest Stock Surges 12% on Strong Revenue Forecast and AI Ad Strategy
May 09, 2025 11:03 am UTC| Business Technology
Pinterest (NYSE:PINS) shares surged over 12% in premarket trading Friday after the companys upbeat quarterly revenue forecast eased concerns over ad spending amid global economic uncertainties. The image-sharing platform...

Nvidia to Release Downgraded H20 AI Chip in China Amid U.S. Export Curbs
May 09, 2025 05:46 am UTC| Technology Business
Nvidia Corporation (NASDAQ: NVDA) plans to launch a downgraded version of its H20 AI chip in China within two months to comply with tighter U.S. export regulations, Reuters reported. The move comes as Washington, under the...

Mitsubishi Heavy Projects Profit Growth on Defense Demand Despite US Tariff Uncertainty
May 09, 2025 05:43 am UTC| Business
Japans Mitsubishi Heavy Industries (MHI) expects a 9.6% rise in operating profit for the fiscal year ending March 2026, driven by strong demand in its defense and energy sectors. The company forecasts operating profit to...

Elon Musk’s xAI Eyes $120B Valuation Amid AI Investment Boom
May 09, 2025 05:31 am UTC| Technology Business
Elon Musks artificial intelligence company, xAI, is reportedly in early-stage talks to raise fresh capital at a valuation of up to $120 billion, according to The New York Times. This would mark a dramatic increase from its...