The most recent setback for Boeing's best-selling 737 MAX aircraft happened on Friday when an Alaska Airlines flight had to make an emergency landing due to a blowout in a cabin panel.   A temporary grounding of specific aircraft was mandated by US officials for safety inspections. That's...

Chris Kempczinski, the CEO of McDonald's, stated that the Israel-Hamas war and "associated misinformation" about the brand were having a "meaningful business impact" on a number of Middle Eastern and international markets.   Mostly unplanned, grassroots boycott movements against major...

Tesla's aggressive, real-time supervision of its sales personnel in China is giving its stores a competitive advantage against dealerships offering BYD and other brands in the largest car market in the world, according to report quoting information from sources with knowledge of the situation....

While hitting its 2023 objective and exceeding market expectations, Tesla produced a record number of electric vehicles in the fourth quarter, but China's BYD overtook it as the leading EV manufacturer.   In the October to December quarter, Tesla delivered 494,989 EVs; this was less than the...

Although Apple's stock experienced a surge in 2023, the company's revenue declined for four consecutive quarters, a performance that was eclipsed by all of its mega-cap tech competitors. Since the 2001 dot-com bust, this is Apple's longest slide of its kind.   A portion of Apple's issues...

At a scorching average launch tempo of every four days in 2023, Elon Musk's SpaceX achieved 96 successful orbital rocket launches, smashing the previous annual record.   This year, SpaceX surpassed its previous year record of 61 orbital missions in 2022 with 91 launches using its Falcon 9...

Google has reached a settlement to resolve a US lawsuit alleging that it violated customers' privacy by tracking them even while they were using "private mode" for their browsing. The parent business Alphabet, the world's most popular search engine, was sued for at least $5 billion.   Big...

The Chinese electronics giant Huawei Technologies anticipates sales topping 700 billion yuan ($98.5 billion) for 2023, according to reports based on comments from rotating chairman Ken Hu in an internal new year message.   The statistic shows a revenue gain of about 9% from the 642.3 billion...

Tesla is predicted to report another record-breaking quarter in EV sales, while it is probably going to fall short of the high internal target of 2 million vehicles annually that CEO Elon Musk announced at the start of the year.   In response to declining sales, Tesla cut the prices of its...

The announcement that SoftBank Group Corp was going to get shares in T-Mobile US valued at about $7.59 billion at no additional cost caused a 5% increase in the Japanese conglomerate's stock.   The conglomerate of Masayoshi Son announced late on Tuesday that it had instructed T-Mobile US to...

Following the administration of U.S. President Joe Biden's decision to not override a federal tribunal's decision to prohibit the importation of its watches due to a complaint by the medical monitoring technology business Masimo, Apple has launched an appeal.   Additionally, the internet...