Business News

Why SpaceX is blowing up a Falcon 9 rocket for a safety test

Why SpaceX is blowing up a Falcon 9 rocket for a safety test

Andrei Stanescu/iStock(NEW YORK) — SpaceX is intentionally blowing up one of its Falcon 9 rockets shortly after it launches Sunday, during what it hopes will be the final unmanned test flight before the private aerospace company can send NASA astronauts to the International Space Station.”We are purposely failing a launch vehicle to make sure that…

New software issues could delay return of Boeing’s 737 Max

New software issues could delay return of Boeing’s 737 Max

sanfel/iStock(NEW YORK) — Boeing potentially faces more delays for the return of its 737 Max jets after another software issue surfaced during an audit meeting with regulators last weekend, sources tell ABC News.The 737 Max has been grounded for almost 10 months after it was connected to two crashes that killed a total of 346…

A fee for rideshares to the airport may be unconstitutional, Arizona AG says

A fee for rideshares to the airport may be unconstitutional, Arizona AG says

Anatoliy Sizov/iStock(PHOENIX) — A $4 fee for hailing an Uber or Lyft to or from the airport in Phoenix has garnered a firestorm of reaction from residents and ride-share companies, and now Arizona’s attorney general says he believes it’s likely unconstitutional. The fee tacked onto any ride to or from the Sky Harbor airport has…

Apple could be forced to abandon its lightning cable by EU regulators

Apple could be forced to abandon its lightning cable by EU regulators

Wachiwit/iStock(NEW YORK) — European lawmakers are pushing for a universal cellphone charger, arguing it is more environmentally friendly and more convenient for consumers, a move that could bring an end to Apple’s exclusive lightning cable. Members of the European Parliament are calling for “binding measures for chargers to fit all mobile phones and other portable…

Housing starts rise 16.9% in December, marking 13-year high

Housing starts rise 16.9% in December, marking 13-year high

grandriver/iStock(WASHINGTON) — More Americans broke ground on new homes last month, pushing housing starts to a 13-year high.The Census Bureau and Department of Housing and Urban Development announced Friday that new home construction rose in December to a seasonally adjusted annual rate of 1,608,000. That’s up 16.9% from November’s estimate, which was revised to 1,375,000.…

Deaf man sues PornHub over lack of closed captions

Deaf man sues PornHub over lack of closed captions

domnicky/iStock(NEW YORK) — A deaf man has sued PornHub and other pornographic websites because he said he “cannot enjoy video content” without closed captioning. Yaroslav Suris, a New York resident, tried to watch videos on PornHub entitled “Hot Step Aunt Babysits Disobedient Nephew,” “Sexy Cop Gets Witness To Talk” and others in October 2019 and…

Kat Von D steps down from her popular makeup brand

Kat Von D steps down from her popular makeup brand

Jun/iStock(NEW YORK) — Celebrity tattoo artist Kat Von D has officially announced that she is stepping down from her namesake makeup line. “It’s hard to admit this, since I’ve always said, ‘You can do everything and anything.’ But I don’t think admitting one’s limits is a bad thing,” she posted on Instagram Thursday. “With that…

PepsiCo Announces 100 Percent Renewable Electricity

PepsiCo Announces 100 Percent Renewable Electricity

PepsiCo(NEW YORK) — PepsiCo has announced they will use 100 percent renewable energy to power their US direct operations. The beverage and snack giant, whose brands include Gatorade, Tropicana and Lay’s, will achieve this using power purchase agreements, virtual power purchase agreements, which finance new renewable energy projects, and renewable energy credits, which are credits…

Microsoft says it will be “carbon negative” by 2030

Microsoft says it will be “carbon negative” by 2030

Lcva2/iStock(NEW YORK) — Microsoft has announced they will become carbon negative by 2030. In a blog post on the company’s website, Microsoft President Brad Smith said climate change is the reason. “The world’s climate experts agree that the world must take urgent action to bring down emissions,” Smith wrote. “Ultimately, we must reach “net zero”…

Lawyer for former Nissan chairman resigns after client flees Japan

Lawyer for former Nissan chairman resigns after client flees Japan

eyewave/iStock(NEW YORK) — After his client jumped bail and fled the country, the lawyer for fugitive former Nissan chairman Carlos Ghosn has resigned. Junichiro Hironaka told reporters that he quit representing Ghosn on Thursday, according to video posted by Japan’s national broadcaster, NHK.Ghosn’s saga has sparked international intrigue in the weeks since he jumped bail…

Why SpaceX is blowing up a Falcon 9 rocket for a safety test

Why SpaceX is blowing up a Falcon 9 rocket for a safety test

Andrei Stanescu/iStock(NEW YORK) — SpaceX is intentionally blowing up one of its Falcon 9 rockets shortly after it launches Sunday, during what it hopes will be the final unmanned test flight before the private aerospace company can send NASA astronauts to the International Space Station.”We are purposely failing a launch vehicle to make sure that…

New software issues could delay return of Boeing’s 737 Max

New software issues could delay return of Boeing’s 737 Max

sanfel/iStock(NEW YORK) — Boeing potentially faces more delays for the return of its 737 Max jets after another software issue surfaced during an audit meeting with regulators last weekend, sources tell ABC News.The 737 Max has been grounded for almost 10 months after it was connected to two crashes that killed a total of 346…

A fee for rideshares to the airport may be unconstitutional, Arizona AG says

A fee for rideshares to the airport may be unconstitutional, Arizona AG says

Anatoliy Sizov/iStock(PHOENIX) — A $4 fee for hailing an Uber or Lyft to or from the airport in Phoenix has garnered a firestorm of reaction from residents and ride-share companies, and now Arizona’s attorney general says he believes it’s likely unconstitutional. The fee tacked onto any ride to or from the Sky Harbor airport has…

Apple could be forced to abandon its lightning cable by EU regulators

Apple could be forced to abandon its lightning cable by EU regulators

Wachiwit/iStock(NEW YORK) — European lawmakers are pushing for a universal cellphone charger, arguing it is more environmentally friendly and more convenient for consumers, a move that could bring an end to Apple’s exclusive lightning cable. Members of the European Parliament are calling for “binding measures for chargers to fit all mobile phones and other portable…

Housing starts rise 16.9% in December, marking 13-year high

Housing starts rise 16.9% in December, marking 13-year high

grandriver/iStock(WASHINGTON) — More Americans broke ground on new homes last month, pushing housing starts to a 13-year high.The Census Bureau and Department of Housing and Urban Development announced Friday that new home construction rose in December to a seasonally adjusted annual rate of 1,608,000. That’s up 16.9% from November’s estimate, which was revised to 1,375,000.…