Airbus CEO says China’s Comac could become a serious rival and disrupt the duopoly with Boeing
Airbus CEO Guillaume Faury at Thursday’s press conference. The CEO of Airbus said Chinese aircraft manufacturer Comac could disrupt the dominance of his company and Boeing. At a press conference on Thursday after announcing Airbus’ annual results, Guillaume Faury said the sector could go “from a duopoly to a potential triopoly.” He was asked about…
BYD and its rivals are crushing Tesla in China — and they’re going global
A BYD Sealion 7 on display at Warsaw airport. Tesla’s China headache might be about to become a global one. Elon Musk’s automaker has come under increasing pressure in the world’s largest car market from local EV giant BYD and its rivals, who are now competitive with the Model Y manufacturer on both price and…
Hundreds of EPA employees were fired. Then some were told that it was a mistake.
On February 14, hundreds of Environmental Protection Agency staff were notified by email that they were being terminated. Five days later, the EPA emailed some of them to say they weren’t being fired after all. “This is to provide notification that the Agency is rescinding your termination. You are not being removed from EPA or…
This 23-year-old AI startup founder raised $7 million from investors like Google’s Gradient and General Catalyst
Cyril Gorlla, CEO and cofounder of CTGT. CTGT, a startup focused on helping enterprise clients train and deploy machine learning models at lower cost, has raised $7.2 million in a funding round led by Gradient Ventures, Google’s AI-geared venture arm. The deal shows investors are still optimistic about startups developing tools to train models, as…
I’ve visited 109 countries, but one American city surprised me more than any international destination
It took me far too long to go to Dallas, but I’m glad I finally did. It was a surprisingly great city to visit. I’ve explored 109 countries across six continents, but a recent trip to Dallas surprised me more than any international destination I’ve visited. Despite going on dozens of trips to Texas, I’d…
Walmart slides premarket on conservative sales guidance despite bumper holiday quarter
Walmart’s CFO said it was “prudent to have an outlook that is somewhat measured.” Walmart fell sharply in premarket trading after issuing conservative sales guidance for the coming year. The retailer said it expected net sales to grow 3% to 4% and adjusted operating income in constant currency to rise by 3.5% to 5.5%. CFO…
I moved from California to a tiny town in Kansas, where I bought my first home and feel like I’m finally winning at life
Kaitlyn and Jack Sundberg. This as-told-to essay is based on a conversation with Kaitlyn Sundberg, 27, who moved from California to Kansas with her husband in 2023. The conversation has been edited for length and clarity. For a couple of years, my husband and I lived with his family in a 300-square-foot studio apartment that…
When I retired I didn’t feel carefree, I felt lost. Turns out, I needed a schedule.
After decades of work meetings and other daily obligations the author (not pictured) felt lost when she first retired. I left the air conditioning on in my Mazda when I visited an emergency room to meet with a physician. As a hospital business development director, I called on medical personnel, requiring a dozen or more…
Stock of the day: This AI stock is No. 1 in the S&P this year after a 45% weekly surge
The move: Super Micro Computer stock jumped 16% on Tuesday, extending its one-week return to 45% and its year-to-date gain to 83%, making it the best-performing stock in the S&P 500 so far this year. The chart: Why: The gains in Super Micro Computer are an extension of the company’s earnings report released last week.…
