Boeing is cutting 10 percent of its workforce

Team, Our business is in a difficult position, and it is hard to overstate the challenges we face together. Beyond navigating our current environment, restoring our company requires tough decisions and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term. We need…

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Back-to-back Florida hurricanes signal trouble for home insurance prices nationwide

Two hurricanes hit Florida in recent weeks, exacerbating a home insurance crisis in the state. Insurance experts said the back-to-back hurricanes could signal rising insurance rates nationwide. The global reinsurance market is reckoning with an increasing number of climate catastrophes. Two back-to-back hurricanes in Florida in recent weeks will likely raise home insurance rates even…

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Tesla Cybercab announced: Elon Musk’s robotaxi is finally here

Tesla CEO Elon Musk unveiled a new electric vehicle dedicated to self-driving, a possible milestone after years of false promises and blown deadlines. The robotaxi is a purpose-built autonomous vehicle, lacking a steering wheel or pedals, meaning it will need approval from regulators before going into production. The design was futuristic, with doors that open…

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the biggest surprise from Tesla’s We, Robot event

Elon Musk unveiled a prototype of Tesla’s Robovan on Thursday night during the company’s We, Robot event in Los Angeles. The Robovan will be an electric, autonomous vehicle roughly the size of a bus, designed for transporting people around high density areas. It will carry up to 20 people at a time and also transport…

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House GOP loses key fundraising advantage

Big donors are flooding the fight for control of the House — and, in the final stretch, Democrats have been outraising Republicans. It’s a stunning reversal: Republican super PACs have been dominant in recent cycles and crucial to helping candidates who have struggled to raise as much as their Democratic opponents. But now that advantage…

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