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Stellantis Sues UAW in Federal Court for Strike Threats
Chrysler parent Stellantis filed a federal lawsuit against the United Auto Workers, saying the union has violated the contract by threatening to strike over the company's delays in planned investment.
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Elon Musk: FEMA 'Actively Blocking' Volunteer Help in N.C.
Tech billionaire Elon Musk took to X on Friday afternoon to claim the Federal Emergency Management Agency (FEMA) is "actively blocking" volunteers who try to help the struggling citizens of western North Carolina in the wake of Hurricane Helene.
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Conservative Think Tank Targeting NASA's Communications About Musk, Trump
An influential conservative think tank has asked the National Aeronautics and Space Administration to disclose what employees are discussing internally about billionaire Elon Musk and former President Donald Trump, according to federal records reviewed by Reuters.
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Google Tests Verified Check Marks in Search Results
Alphabet's Google is testing showing check marks next to certain companies on its search results, a company spokesperson said Friday, in a move aimed at helping users identify verified sources and steer clear of fake websites.
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Facebook Seeks to Attract Young Adults With New Community, Videos
Facebook, one of the original social media networks, has become known as the platform of parents and grandparents, while young adults take up photo and video apps like Instagram and TikTok. Meta, the company that owns Facebook, is setting out to change that.W
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Rep. Andy Harris to Newsmax: Longshoremen's Raise Will Drive Up Prices
Rep. Andy Harris, R-Md., told Newsmax on Friday that the tentative 62% pay raise the striking longshoremen negotiated will have a negative effect on the economy by driving up prices beyond what they already are as a result of inflation.
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Meta AI Model Can Generate Video With Sound
Facebook owner Meta announced on Friday it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to user prompts, claiming it can rival tools from leading media generation startups like OpenAI and ElevenLabs.
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Spirit Airlines Plunges 40% on Bankruptcy Report
Spirit Airlines shares slumped 40% before the bell Friday after The Wall Street Journal reported that the ultra-low-cost carrier was in talks with its bondholders about a potential bankruptcy filing.
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Spirit Airlines in Talks Over Terms of Potential Bankruptcy Filing
Spirit Airlines is in talks with bondholders over terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways, The Wall Street Journal reported Thursday, citing people familiar with the matter.
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US, Microsoft Stop Russian Hackers Targeting Officials
A hacking group tied to Russian intelligence tried to worm its way into the systems of dozens of Western think tanks, journalists and former military and intelligence officials, Microsoft and U.S. authorities said Thursday.The group, known as Star Blizzard to cyberespionage...
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Tesla Plans Four New Batteries in 2026
Tesla plans to design four new versions of its in-house battery to power the Cybertruck, its forthcoming robotaxi and other electric vehicles, the Information reported Thursday.
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OpenAI Raises $6.6B, Establishes $4B Line of Credit
OpenAI said Thursday it has established a new $4 billion credit facility with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC.
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NASA to Launch $5.2 Billion Mission to Jupiter's Moon
NASA will launch its most ambitious Jupiter mission to date next week as the Europa Clipper is on schedule to depart from Kennedy Space Center in Florida.
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Tesla Discontinues Most Affordable Model 3 in US
Tesla's most affordable Model 3 compact sedan was no longer available for order in the U.S., according to the EV maker's website.
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Tesla Recalls 27K Cybertrucks for Rearview Image Delay
Tesla said on Thursday it would recall more than 27,000 Cybertrucks due to delayed rear-view camera images that could impair driver visibility and increase crash risks, adding that a software update would resolve the issue. The recall affects most Cybertrucks in the U.S.
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Corrosion at Michigan Nuclear Plant Above Estimates
Holtec, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion cracking in steam generators "far exceeded" estimates, the U.S. nuclear power regulator said in a document published on Wednesday.
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ABC News Lays Off 75
ABC News and its local stations laid off 75 people Wednesday, as parent company Disney continues to restructure amid cost concerns, the New York Post reports.
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Intel's Woes Set America's Semiconductor Goals Back
U.S. President Joe Biden's Chips and Science Act strategy to revitalize U.S. semiconductor manufacturing recently took a gut punch. Intel, the program's largest recipient, reported its foundry arm is hemorrhaging cash.
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Ford Offers Free Chargers in Hopes of Boosting Low EV Sales
As sales of its electric vehicles (EVs) continue to stall, Ford Motor Company is hoping to spark interest among consumers by offering free at-home charging stations."
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Boeing Strikers Press CEO After Health Coverage Is Cut
Boeing's largest union Tuesday urged new CEO Kelly Ortberg to get more involved in contract negotiations to end a strike by around 33,000 U.S. West Coast workers, after the U.S. planemaker cut off their healthcare benefits.
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US Labor Board Accuses Apple of Illegal Workplace Rules
A U.S. labor board issued a complaint accusing Apple of violating employees' rights to organize and advocate for better working conditions by maintaining a series of unlawful workplace rules.The National Labor Relations Board in the complaint announced late on Monday...
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US Sea Power Reaching Inflection Point, Experts Warn
Houthi rebels harass and disrupt shipping in the Gulf of Aden, Red Sea, and Suez Canal with missiles and drones.
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PepsiCo to Buy Tortilla-Chip Maker Siete for $1.2B
PepsiCo will buy tortilla-chip maker Siete Foods for $1.2 billion, the Frito-Lay owner said Tuesday, beefing up its portfolio amid a shift among cost-conscious consumers to private label brands.
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Charles Schwab Names President Rick Wurster as CEO
Charles Schwab said Tuesday President Rick Wurster will succeed long-time CEO Walt Bettinger as its next chief executive, paving the way for a change of guard at the brokerage firm after 16 years.
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Sony Pictures CEO Tony Vinciquerra Steps Down
Sony Pictures Entertainment CEO Tony Vinciquerra will step down from his role at the beginning of next year and will be succeeded by COO Ravi Ahuja effective Jan. 2, 2025, the company said in a statement Tuesday.