business
Cargo Plane Accident Kills Two in Hong Kong
The accident involved a Boeing 747-400 cargo aircraft that had departed from Dubai’s Al Maktoum International Airport. Source link
America’s Most Successful Restaurant Chain Feeds a Dumpling Frenzy
Din Tai Fung’s large restaurants, quick service and hand-folded soup dumplings help the chain post the top average sales in the U.S. Source link
FAA Lets Boeing Increase Production Cap on 737 MAX by 10%
The company can now increase production to 42 planes a month from 38, the limit put in place after a fuselage panel blew off a jet midair in January 2024. Source link
The Age of Flying Cars Has Arrived
Plus, Waymos of London, AI clones and the ‘bring your own power’ era, in this edition of The Future of Everything newsletter. Source link
I Test Drove a Flying Car. Get Ready, They’re Here.
Dan Neil takes a test flight of the Pivotal BlackFly, a series-produced electric vertical takeoff and landing vehicle made for consumers Source link
Verisure Unit Hit by Data Breach the Week After Stock Market Debut
The company detected unauthorized third-party access to data related to a business it previously acquired in Sweden, but there is no evidence that Verisure’s own network and systems have been compromised, it said. Source link
Congress Asks Itself: Should the Government Help Market America to Tourists?
Lobbyists are fighting to undo an 80% budget cut to Brand USA, a travel marketing organization created by Congress, as the industry warns of a decline in international tourism. Source link
Giuseppe Marsocci to Succeed Giorgio Armani at Helm of Namesake Fashion House
Marsocci worked alongside Armani in the global management of the business as deputy managing director and chief commercial officer. Source link
Drahi’s Altice Rejects $20 Billion Joint Offer From Peers
The telecom operator, owned by billionaire Patrick Drahi, rejected a joint non-binding offer to buy a large part of the company from Bouygues, Orange and Free-iliad group. Source link
Cease-Fire Could Lift Prospects for Israeli VCs, Startups
The potential end of the conflict with Hamas is spurring foreign investors to re-engage with Israel’s startup and venture community. Source link