Boeing avoids prosecution in 737 MAX crash deal

 

Boeing will avoid prosecution in a US Justice Department deal over two 737 MAX crashes that killed 346 people in 2018 and 2019. The deal involves Boeing admitting to obstructing federal aviation officials and paying $1.1 billion in fines. While some victims' families support the agreement, others strongly criticize...

McDonald's Shuts Down CosMc's Spinoff After Two Years

 

McDonald's is shutting down its CosMc's spinoff, five alien-themed locations, after just two years. Launched in 2023 to compete with specialty beverage chains, CosMc's offered customizable drinks and snacks but failed to gain traction. McDonald's cited recent sales declines and a desire to focus on its core business....

Trump Approves US Steel-Nippon Steel Partnership

 

President Trump announced a "planned partnership" between U.S. Steel and Nippon Steel, seemingly approving a deal previously blocked. While details remain unclear, the agreement will keep U.S. Steel's headquarters in Pittsburgh and involve significant Japanese investment. Trump's statement suggests a compromise, allowing for foreign investment while maintaining U.S....

Best Memorial Day Deals Under $25 Now Live!

 

Major retailers like Amazon, Walmart, and Best Buy have launched early Memorial Day sales, offering significant discounts on various products. Deals abound on electronics, home goods, and more, with many budget-friendly options under $25. These include Anker earbuds, chargers, batteries, and a Fire TV Stick, along with home...

Top Paul Weiss Partners Quit After Trump Deal

 

Four partners – Karen Dunn, Jeannie Rhee, Bill Isaacson, and Jessica Phillips – have resigned from Paul Weiss Rifkind Wharton & Garrison to establish their own firm. Their departure follows Paul Weiss's controversial deal with the Trump administration, which involved dropping diversity initiatives and providing pro bono services. The...

Memorial Day 2025: Best Sales & Deals Now

 

Memorial Day, observed on May 26th, 2025, is a US federal holiday. Many retailers, including Amazon, Best Buy, Home Depot, Lowe's, and Target, are offering Memorial Day sales starting as early as May 15th. These sales often include significant discounts on various products. ZDNET recommends preparing a shopping...

BMW's Exclusive Speedtop Wagon Debuts in Italy

 

BMW unveiled the Concept Speedtop, a limited-production wagon, at the 2025 Concorso d'Eleganza Villa d'Este. Building on last year's Skytop concept, the Speedtop boasts a powerful V8 engine (likely the 617-hp 4.4-liter twin-turbo), luxurious two-tone leather interior, and a unique design. Only 70 units will be produced, exclusively...

EU Rejects Trump's Tariff Threats, Seeks Respect

 

The European Union's trade chief, Maros Sefcovic, responded to US President Donald Trump's threat of 50% tariffs on EU goods by emphasizing the need for mutual respect in trade negotiations. Sefcovic stated the EU is committed to a deal but will defend its interests. Trump, expressing impatience with the...

Trump Announces $14 Billion US Steel Partnership

 

President Trump announced a $14 billion partnership between U.S. Steel and Nippon Steel, projected to create 70,000 jobs. Trump, who previously opposed a full acquisition, will visit the steel plant next week for a rally. The deal, initially blocked by President Biden, faced bipartisan opposition due to concerns...

Boeing Agrees to $1.1 Billion Settlement in 737 Max Case

 

The Justice Department has reached a deal with Boeing to avoid criminal prosecution for misleading regulators about the 737 Max, which crashed twice killing 346 people. Boeing will pay over $1.1 billion, including $445 million to victims' families. In return, the fraud charge will be dropped. While the DOJ...