Business

CBS News reports: Baltimore City is suing the owners and managers of the Dali, the cargo ship that crashed into the Francis Scott Key Bridge on March 26, causing it to collapse and killing six construction workers. The lawsuit claims the owners of the Dali were negligent in letting the ship leave the Port of Baltimore without failing to fix …

The Associated Press reports: Express Inc — once a trendsetter of casual office attire that has struggled to compete with the likes of Zara and H&M — has filed for Chapter 11 bankruptcy protection. The retailer based in Columbus, Ohio also said Monday it is seeking to sell the majority of its stores. In an announcement addressing its bankruptcy filing, …

Reuters reports: Gay dating app Grindr is facing a mass data protection lawsuit in London from hundreds of users who allegedly had their private information, including HIV status, shared with third parties without consent, a law firm said on Monday. Austen Hays, which said the lawsuit is being filed at London’s High Court, said thousands of Grindr users in the …

Politico reports: In this deep blue state where Republicans rarely back Democratic colleagues in the Capitol, one issue is overcoming the partisan divide: line skipping at airports. A pair of Orange County state senators from opposing parties — who frequently fly between their districts and Sacramento — are both boosting a first-in-the-nation proposal critics say would ban the expedited security …

Ars Technica reports: SpaceX is reportedly working with at least one major US defense contractor, Northrop Grumman, on a constellation of spy satellites for the National Reconnaissance Office. According to Reuters, development of the network of hundreds of spy satellites by SpaceX is being coordinated with multiple contractors to avoid putting too much control of a highly sensitive intelligence program …

The New York Times reports: Tesla has agreed to recall nearly 4,000 of its Cybertruck pickups to fix an accelerator pedal that can get stuck, raising the risk of crashes, a federal safety agency said on Friday. The defect could cause the vehicle to accelerate unintentionally, the National Highway Traffic Safety Administration said in a notice posted on its website. …

NBC News reports: The automaker Hyundai said it had paused its advertising on Elon Musk’s social media app, X, after a sponsored post from the company appeared next to antisemitic and pro-Nazi posts. Hyundai confirmed the pause in a statement to NBC News late Wednesday and said it was taking its brand safety concerns to Musk’s company. “We have paused …

Bloomberg News reports: Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter. Red Lobster has been getting advice from law firm King & Spalding, said the people, who asked not to be identified discussing a private matter. The dining chain is considering …

Ars Technica reports: Tesla is asking shareholders to approve a move to Texas and to re-approve a $55.8 billion pay package for CEO Elon Musk that was recently voided by a Delaware judge. Musk’s 2018 pay package was voided in a ruling by Delaware Court of Chancery Judge Kathaleen McCormick, who found that the deal was unfair to shareholders. After …

The Associated Press reports: Hours before leaving port, the massive container ship that caused the deadly collapse of a Baltimore bridge experienced apparent electrical problems, a person with knowledge of the situation told The Associated Press. While the ship was docked in Baltimore, alarms went off on some of its refrigerated containers, indicating an inconsistent power supply, according to the …

Axios reports: The Department of Justice (DOJ) is planning to sue Live Nation, one of the largest ticketing and live events companies in the country, on antitrust grounds, a regulatory source familiar with the DOJ’s plans told Axios. The company faced intense scrutiny from lawmakers and consumer advocacy groups over botched ticket sales for Taylor Swift’s Eras Tour in late …

TechCrunch reports: Elon Musk is planning to charge new X users a “small fee” to enable posting on the social network and to curb the bot problem. While replying to another user, Musk later added that new accounts would be able to post after three months of creation without paying a fee. As is the case with a lot of …

CNBC reports: Shares of Trump Media plunged more than 17% in the pre-trading hours Monday after the company filed to issue millions of additional shares of stock. The company behind the Truth Social app, which trades under the stock ticker DJT on the Nasdaq, fell nearly 20% last week. Several years into existence, Truth Social has barely any advertising revenue. …

The Washington Post reports: The FBI has opened a criminal investigation focusing on the massive container ship that brought down the Francis Scott Key Bridge in Baltimore last month — a probe that will look at least in part at whether the crew left the port knowing the vessel had serious systems problems. Authorities are reviewing the events leading up …

The Atlantic reports: The flow of traffic to Donald Trump’s most loyal digital-media boosters isn’t just slowing, as in the rest of the industry; it’s utterly collapsing. The Daily Caller lost 57 percent of its audience; Drudge Report was down 81 percent; and The Federalist lost a staggering 91 percent. What’s going on? The obvious culprit is Facebook. For years, …

Ars Technica reports: X will soon stop allowing users to hide their blue checkmarks, and some users are not happy. Previously, a blue tick on Twitter was a mark of a notable account, providing some assurance to followers of the account’s authenticity. But then Elon Musk decided to start charging for the blue tick instead, and mayhem ensued as a …

The Associated Press reports: Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in eastern Ohio. The company said the agreement, if approved by the court, will resolve all class action claims within a 20-mile radius from the derailment and, for those residents who choose to participate, …

The Christian Post is ever so pissed: Fast food chain Shake Shack is offering free Chicken Shack sandwiches every Sunday this month in an apparent jab at Chick-fil-A, known for closing on Sundays to allow employees time for rest and worship. Shake Shack’s April promotion requires a minimum purchase of $10 and features a sandwich described as a crispy, white-meat …

CNN Business reports: Tesla has settled a high-profile case that was set to put the electric car company and its controversial automated-driving system on trial starting Monday. Terms of the settlement were not disclosed. Jury selection was set to begin Monday in a wrongful death suit filed by the family of a former Apple engineer who died after his Tesla …

The Huffington Post reports: Elon Musk was deposed last month over his role in allegedly promoting a false conspiracy theory that a 22-year-old Jewish man participated in a neo-Nazi brawl. Musk tried to keep the deposition from going public, and perhaps for good reason: It did not go well for him. “There’s some risk that what I say is incorrect, …