Boeing gets $2.5 billion Air Force contract for new airborne warning and control aircraft
The Air Force and Boeing announced that they reached agreement on a $2.56 billion contract to develop two prototype E-7A Wedgetail airborne early warning and control aircraft.
Hawaiian Electric raises going concern risk over Maui wildfire settlement financing
Hawaiian Electric raised a going concern risk in its earnings report because it doesn't yet have a financing plan in place for the $1.99 billion settlement with Maui wildfire victims.
Vance backs Trump on president influencing Federal Reserve decisions
Former President Trump's VP nominee JD Vance said that he agrees with Trump that the president should have a say over the Federal Reserve's monetary policy decisions.
Tesla halts orders for $61,000 Cybertruck, cheapest version now $100,000
Tesla stopped taking new orders of the $61,000 version of its Cybertruck, leaving a variant that costs about $100,000 as the cheapest available model of the futuristic EV pickup.
National Debt Tracker: American taxpayers (you) are now on the hook for $$35,123,327,978,028.47 as of 8/9/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Buffett's Berkshire cuts Apple stake by half, boosts cash stockpile to $277B as it gets 'defensive’
Warren Buffett's Berkshire Hathaway sold roughly half of its stake in tech giant Apple in the last quarter while it grew its cash stockpile to a record $277 billion.
Chevron exec explains HQ move from California to Texas: 'tough place to do business'
A Chevron executive explained the company's decision to move its corporate headquarters from California to Texas, saying the Golden State is a tough place to do business.
Buffett's Berkshire currently holding more short-term US Treasury bills than the Federal Reserve
Billionaire Warren Buffett's Berkshire Hathaway stepped up its purchases of short-term U.S. Treasury bills to the extent that its holdings now surpass the Federal Reserve's.
Olympic swimming pool heated by AI data center
Equinix's PA10 facility in Paris exports heat from the AI data center's server arrays to the Olympic Aquatics Centre, where it helps warm a swimming pool used at the Summer Olympics.