Business – Page 49 – Headline Smart

VIDEO: Boeing 747 has wheel fall off seconds after takeoff

Footage captures moment Boeing 747 Dreamlifter loses a wheel after take-off – AeroTime Following Tuesday morning’s takeoff from Taranto in southern Italy, a wheel fell off a giant Boeing Co. cargo jet. The video posted on Twitter shows black smoke billowing out of the Dreamlifter’s undercarriage at high speed and a wheel like a giant bowling ball bouncing as it flew towards the runway before bouncing away again. The aircraft, operated by Atlas Air Worldwide …

Inflation unexpectedly jumps, stock market tanks

Consumer prices rise unexpectedly in August, sending stock market tumbling – ABC News Despite falling gas prices, US inflation ticked up in August, according to data released by the Bureau of Labor Statistics Tuesday. The Consumer Price Index, which measures prices for a basket of consumer goods and services, showed a 0.1% increase from July. The inflation rate was expected to fall by 0.1% from July to August, after remaining steady at 0% growth between …

Major Retailer executive jumps to his death in NYC

Bed Bath & Beyond CFO Gustavo Arnal fell to his death in Manhattan – CNBC A Bed Bath & Beyond executive has died after falling off a high-rise in Manhattan. The company had announced plans to close 150 stores and furlough 20% of its employees. Gustavo Arnal, 52, the company’s chief financial officer, was found dead at Leonard St. and West Broadway, police said. He appeared to have fallen from an elevated location, and an …

New York law requires ID if you want to buy whipped cream

Show ID to Buy Whipped Cream? New York Law Stirs Confusion – The New York Times The legislation passed in New York last year that bans the sale of whipped cream canisters to anyone under 21 was misinterpreted and has resulted in stores asking for IDs when consumers take their cans of whipped cream to the checkout line. The attorney general’s office confirmed the language of the bill indicates that the Nitrous Oxide cans found …

VIDEO: Tesla demanding viral video be removed

Tesla demands viral video of its cars hitting child-sized mannequins gets taken down. Tech CEO who funded it refuses, calls Musk a ‘crybaby.’ – BUSINESS INSIDER Tesla sent a cease-and-desist letter to an anti-Tesla advocacy group that created and posted a video showing one of its vehicles mowing down a kid-sized mannequin. Tesla argues the footage is a libelous distortion of the beta “Full Self-Driving” Tesla tech. The Dawn Projects ad shows a Tesla Model …

California is banning new gas cars by 2035

California to Ban the Sale of New Gasoline Cars – The New York Times California is expected to move forward with a comprehensive plan that would ban the sale of new gas-powered cars by 2035, a landmark step that could speed a global shift toward electric vehicles. California requires all new cars sold in the state to be emissions-free by 2035. The state also requires 35% of new light-duty vehicles to produce zero emissions by …

Home prices plummeting in these popular cities

Home prices plunging in ‘pandemic boomtowns’ as market slumps – New York Post The West continues to be ground zero for this phenomenon, with Boise, Idaho, leading the way with nearly 70% of homes for sale seeing price declines in July. In 2020, 2021, and early 2022, the West became an attractive destination for Americans who had been liberated by telecommuting. As a result, home prices in the fastest-growing areas skyrocketed further, compounding into prices …

Senate Calls For Universal Phone Chargers To Be Made

The US has a long way to go before adopting a universal charger policy – Ars Technica Three US senators have asked the US Department of Commerce to develop a strategy for universal charging standards in consumer tech. They didn’t mention USB-C but cited the EU’s upcoming legislation that will require USB-C in many consumer tech devices. The letter focused on the failure of the consumer electronics industry to establish uniform charging accessory standards, and …

Biden Responds To Formula Shortage

Biden invokes Defense Production Act to increase infant formula supply – Reuters President Joe Biden directed agencies to use Defense Department commercial aircraft to bring infant formula into the United States from overseas. Abbott said it would resume production of baby formula at its Michigan plant, a major step toward resolving the nationwide shortage. The President’s late-day announcement is the administration’s latest move to try and ease the baby formula shortage, but for many desperate …

Elon Musk’s True Plan for Twitter: Artificial Intelligence Takeover

Elon Musk Has an Original Way to Outshine Warren Buffett – TheStreet Reported by our news partners at AbsoluteNews: Elon Musk is excited to own Twitter as he has quietly been developing human-level article writing AI for years and has proven its work product time and time again. Now he can leverage the same AI as a virtual overlord to all Twitter users, possibly including the use of non-human Twitter accounts that will “swarm” any who …