Business

Tesla Recalls 1.1M Cars Over Non-Reversing Windows

The Associated Press reports: Tesla is recalling nearly 1.1 million vehicles in the U.S. because the windows can pinch a person’s fingers when being rolled up. Tesla says in documents posted Thursday by U.S. safety regulators that the automatic window reversal system may not react correctly after detecting an obstruction. The National Highway Traffic Safety Administration says that’s a violation …

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Twitter To Depose Elon Musk Under Oath Next Week

The Guardian reports: Twitter will question Elon Musk under oath in Delaware next week as part of the litigation in the billionaire’s bid to walk away from his $44bn deal for the social media company. A Tuesday filing in Delaware’s court of chancery said Musk’s deposition is scheduled for 26-27 September and may stretch into 28 September if necessary. Each …

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Musk To Unveil Plan To Produce “Humanoid Robots”

Reuters reports: Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric carmaker to “production hell” four years ago, saying humans were better at certain jobs. My, how times have changed. Musk’s Texas company now is floating ambitious plans to deploy thousands of humanoid robots, known as Tesla Bot or Optimus, within its factories, expanding eventually …

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Tesla Hit With Class Action Suit For Autopilot “Fraud”

USA Today reports: Drivers are suing electric car manufacturer Tesla, accusing the company of deceiving consumers about the abilities of its autopilot system, which is sold for thousands of dollars as an add-on to its cars. The class-action lawsuit filed this week in a California court by Tesla customer Briggs Matsko, who said he paid $5,000 for the autopilot upgrade …

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NYC Again Rejects Call To End Trump Golf Course Deal

ABC News reports: The New York City Parks Department has again rejected calls by members of the city council to terminate the Trump Organization’s license to operate a city-owned golf course in the Bronx. Council members on Thursday called for the “immediate termination” of the Trump Organization’s license to operate the golf course at Ferry Point Park, a month before …

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White House Announces Deal To Avert Rail Strike

Axios reports: Rail companies and unions struck a tentative agreement on Thursday to avoid a strike that businesses feared would’ve led to severe supply chain disruptions, the White House said. President Biden, in a pre-dawn statement, called the agreement “an important win for our economy.” A strike could have driven up prices at a time when inflation is showing signs …

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Amtrak Cancels Many Routes Ahead Of Possible Strike

Axios reports: Amtrak canceled all of its long-distance routes starting Thursday in response to a potential railroad workers strike. It’s the latest disruption stemming from the looming labor strike that could start as soon as Friday, which would lead to a shutdown of most of the country’s railway system. It is not expected to affect Northeast Corridor, as it is …

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Meta Subpoenas Rivals In Search Of Trade Secrets

Bloomberg News reports: To defend itself against the federal government, Meta Platforms Inc. says it needs its rivals to divulge some of their most closely held secrets. Facebook’s parent company has so far subpoenaed 132 companies for documents, including Snap Inc., ByteDance Ltd.’s TikTok and the audio startup Clubhouse, and has warned that it may seek information from 100 more. …

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Twitter Shareholders Approve Musk’s Purchase Bid

CNBC reports: Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion bid to buy the company and take it private. The vote comes as Musk seeks to scrap the deal, casting doubt on Twitter’s self-reported percentage of fake accounts and alleging the company was not as forthcoming as it should have been with its explanation of the calculation. Twitter …

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Disney CEO: We Stood Our Ground Against The Haters

“We believe Disney is a place where people can come together with shared values of what an optimistic and ideal future can be. “We certainly don’t want to get caught up in any political subterfuge, but at the same time we also realize that we want to represent a brighter tomorrow for families of all types, regardless of how they …

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NRA Rages Over New Credit Card Code For Gun Sales

The Insider reports: Visa, MasterCard, and American Express will use a new code for gun shop purchases in US stores in a win for gun control advocates that has angered the NRA. “The ISO’s decision to create a firearm specific code is nothing more than a capitulation to anti-gun politicians and activists bent on eroding the rights of law-abiding Americans …

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Credit Card Companies Create Category For Gun Sales

The Associated Press reports: Payment processor Visa Inc. said Saturday that it plans to start separately categorizing sales at gun shops, a major win for gun control advocates who say it will help better track suspicious surges of gun sales that could be a prelude to a mass shooting. But the decision by Visa, the world’s largest payment processor, will …

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United Airlines To Purchase 200 Electric “Air Taxis”

The Verge reports: United Airlines is investing $15 million in Eve Air Mobility, an electric aviation startup owned by Brazilian aircraft manufacturer Embraer. As part of the deal, United will purchase 200 of Eve’s electric air taxis, which can seat four passengers and take off and land vertically like a helicopter. This is the second major investment from United in …

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VA Country Club Sorry For 9/11-Themed Special Menu

Washington DC’s ABC affiliate reports: A manager at a Manassas, Va. country club apologized on Facebook Tuesday after receiving backlash on a 9/11 special menu that included a Remember-tini, Flight 93 Redirect and Pentagon Pie. The menu has since been taken down online, but not before some people captured the menu and posted it to a private community Facebook group. …

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Apple Unveils Latest iPhone, Base Model Starts At $799

CNET reports: The iPhone 14 packs a 6.1-inch display, while the iPhone 14 Plus has a 6.7-inch screen. There are five colors, two rear cameras, and “all-day” battery life. The A15 Bionic powers the show, which Apple says is 18% faster. Both devices feature similar outer casings to the iPhone 12 and iPhone 13 models. Pricing for the iPhone 14 …

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Juul To Pay $438 Million For Marketing To Teenagers

The New York Times reports: Juul Labs has tentatively agreed to pay $438.5 million to settle an investigation by nearly three dozen states that focused on the company’s sales and marketing practices that they claim fueled the teenage vaping crisis. The investigation found that the company appealed to young people by hiring young models, using social media to court teenagers …

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Shareholders Reject Merger With Trump’s Truth Social

Reuters reports: The blank-check acquisition firm that agreed to merge with Donald Trump’s social media company failed to secure enough shareholder support for a one-year extension to complete the deal, people familiar with the matter said on Monday. At stake is a $1.3 billion cash infusion that Trump Media & Technology Group, which operates the former U.S. president’s Truth Social …

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Meta Fined $400M For Violating EU Privacy Laws

The New York Times reports: Meta was fined roughly $400 million for breaking European Union data privacy laws for its treatment of children’s data on Instagram, the latest in a series of steps by authorities in Europe and the United States to crack down on what information is collected and shared by companies about young people online. European laws give …

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Bed Bath & Beyond CFO Jumps To His Death In NYC

The New York Post reports: The chief financial officer of troubled Bed Bath & Beyond has been identified as the man who jumped to his death from the iconic new Tribeca skyscraper known as the “Jenga Building,” The Post has learned. Gustavo Arnal, 52, who was also an executive vice president for the struggling home goods retailer, plunged from the …

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Twitter Seeks Six Months Of Musk’s Text Messages

Bloomberg News reports: Twitter Inc. is asking a judge to order Elon Musk to turn over all of his text messages from the first six months of 2022, saying the billionaire wasn’t cooperating in exchanging evidence ahead of trial in the fight over his $44 billion buyout offer. The social-media company submitted the public proposed order in a Friday court …

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