Boeing and its union of 33,000 members reached a tentative deal on Saturday that could win workers a 35% wage increase and end a strike hampering the company's production, per the proposal.
Why it matters: Boeing, already dealt the blow of repeated safety issues, has been trying to increase production and salvage its reputation.
In the heat of this historic election, educated elites who should know better — billionaires, elected officials, journalists — keep falling for fakes, conspiracy theories and outright lies.
Why it matters: Human gullibility is not a new phenomenon. But social media and polarized politics are exposing it at industrial scale, fueled by a poisonous cocktail of bad actors, media illiteracy and plummeting trust in traditional news.
Why it matters: The company has been under scrutiny for years from regulators and watchdogs who say that its Autopilot and Full Self-Driving (FSD) systems promise more than they can achieve.
Driving the news: The National Highway Traffic Safety Administration disclosed that it has identified four reports "in which a Tesla vehicle experienced a crash after entering an area of reduced roadway visibility conditions" with FSD engaged.
"In these crashes, the reduced roadway visibility arose from conditions such as sun glare, fog, or airborne dust," NHTSA said in a public document.
A new documentary from HR software company Workday and LeBron James-owned production company SpringHill is shining a light on skills-based hiring — the idea that people should be hired based on what they can do, not their formal educational background.
Why it matters: Only 38% of U.S. adults over 25 hold a bachelor's degree, according to the latest census data.
CVS Health on Friday announced the sudden ouster of its CEO Karen Lynch as the company grapples with turmoil that could culminate in the company breaking up.
Why it matters: As the 10th largest company in the world by revenue, CVS is a powerful force in health care and retail with more than 9,000 pharmacies, 1,000+ walk-in clinics and over 300,000 employees.
The National Highway Traffic Safety Administration (NHTSA) announced Friday that it is investigating Tesla's Full Self-Driving (FSD) software over collision risks.
Why it matters: This is the latest regulator hurdle for Tesla, which has long faced scrutiny over potential safety risks associated with its driver assistance systems, which include its FSD and Autopilot programs.
Worldcoin, the Sam Altman-backed eye-scanning identity company, is dropping the second half of its name as it looks to broaden its already planet-spanning mission.
Driving the news: World, as the company will now be known, looks to focus less on its cryptocurrency roots and more on its effort to ensure humans have a way to verify their identity in a bot-filled world, the company made clear at an event Thursday in San Francisco.
If Vice President Kamala Harris wins the White House, one of her first fights may be over the future of Federal Trade Commission chair Lina Khan.
Why it matters: FTC chairs aren't usually well-known outside the Beltway, but Khan has become a trustbusting hero to progressive Democrats and even some MAGA Republicans like JD Vance.
Why it matters: The two billionaires are stepping up to back the candidates they want to win in the final stretch of a 2024 presidential race that's too close to call.
Former President Trump told indicted New York City Mayor Eric Adams "you're gonna win" during a roasting of the Democrat at the Al Smith charity dinner that the Republican presidential nominee headlined on Thursday night.
Context: The first sitting NYC mayor to be criminally charged pleaded not guilty to federal bribery and fraud charges in relation to allegations that Adams denies of accepting illegal campaign contributions and receiving travel perks from Turkish officials and others.
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