David Lidsky's Blog, page 300

Judge rejects Boeing’s plea deal for conspiracy case over fatal 737 MAX crashes

The ruling creates uncertainty around the criminal prosecution of Boeing in connection with the development of its bestselling airline plane.

A federal judge on Thursday rejected a deal that would have allowed Boeing to plead guilty to a felony conspiracy charge and pay a fine for misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed, killing 346 people.

Dollar General is testing same-day delivery in some 75 locations as dollar stores lose market share to Walmart

The discount retailer is offering the service seemingly free of charge through the app, and hopes to roll it out to thousands of stores.

Dollar General is aiming to stay competitive with a helpful new service. The discount retailer is now offering same-day delivery to customers who want their orders in a hurry.

Bitcoin $100K party: Why the price is a psychological milestone for longtime crypto believers

It’s an especially dramatic turnaround from when the price of a single Bitcoin dropped below $17,000 in 2022.

Crypto enthusiasts are rallying on social media over their new riches after Bitcoin crossed the $100,000 threshold on Thursday.

Bad news for millennials: An Oxford study found a link between owning a home and living longer

Research from sociologists suggests a rough housing market could hurt your health in the long term.

A new study has revealed a few connections through which homeownership can impact longevity.

How TikTok caused a matcha shortage

The hashtag #MatchaTok has more than 40,000 posts on TikTok with users sharing their morning matcha routines, home setups, and latte recipes.

Matcha is undoubtedly the beverage of the moment. It’s almost impossible to scroll on social media without catching glimpses of bright green, sipped out of glass straws or takeaway cups. In Japan, however, the matcha industry is struggling to keep up with soaring demand.

Nippon Steel won’t give up on its U.S. Steel takeover deal despite strong pushback

Nippon Steel’s transaction has faced stiff resistance from politicians, including Biden and Trump, and the United Steelworkers, a major labor group.

Japan’s Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from President-elect Donald Trump.

Salt Typhoon cyberattack: Encrypted messaging apps and other ways to stay safe amid the Chinese telecom hack

A large-scale cyberattack affecting companies including AT&T and Verizon has consumers worried their messages could be exposed to foreign hackers. Here’s what you need to know.

If you’ve ever wondered what it’s like to be sucked into the plot of a Tom Clancy novel, millions of Americans are getting a taste of it this week. A large-scale cyberattack, focused on telecom companies and internet service providers including AT&T and Verizon, has Americans concerned that their messages and communications may have been exposed to Chinese spies.

Threads is going all-in on the fediverse, and users have some questions

The fediverse is a confusing, complicated endeavor that will require a change in how users view social media.

Threads is going deeper into the fediverse, the interconnected social platform ecosystem based on an open protocol called ActivityPub that includes apps such as Mastodon and BookWyrm.

Airline executives face Senate panel questions on ‘junk fees’

Some senators expressed frustration during Wednesday’s hearing when airline executives could not explain how they set the amount of various fees.

Members of a U.S. Senate subcommittee took aim at airline executives Wednesday for using an expanding menu of fees to charge customers for early boarding, better seats, and other comforts that used to be part of the ticket price.

Full employment, empty wallets: What’s up with the economy?

The job market is strong, but rising price levels and shrinking optimism have Americans feeling uneasy.

Is the economy strong? Or are we in the midst of a recession, despite what the headlines and experts are telling us?