In the quiet desolation of Arizona’s borderland, George Alan Kelly, a property owner in his 70’s, faces charges from an incident on January 30, 2023, that has sparked a contentious legal debate. This case, set against the backdrop of Kelly’s remote 170-acre property, raises critical questions about property rights, self-defense laws, and the realities of
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The Federal Aviation Administration (FAA) announced on Friday that it will be conducting an audit on Boeing’s production line, following an incident where a door plug blew off an Alaska Airlines 737 Max 9. This comes in the wake of the FAA grounding over 170 Boeing 737 Max 9s, which represents a significant portion of
Tesla, the electric vehicle giant led by Elon Musk, is implementing pay increases labeled as “market adjustment” for its factory workers in the United States. While the specifics of the pay raise have not been disclosed, the move comes amid efforts by the United Auto Workers (UAW) to organize Tesla plants. This article examines the
In a significant setback, shares of iRobot plummeted by 19% after it was reported that Amazon would not offer any concessions to Europe’s antitrust watchdog regarding its proposed acquisition of the Roomba maker. This news comes as Politico revealed that both companies had until the end of the day to propose changes to Amazon’s business
Boeing CEO Dave Calhoun recently addressed a serious incident involving a door plug on a 737 Max 9, which blew out during an Alaska Airlines flight, causing a significant hole in the fuselage. Calhoun expressed the company’s acknowledgement of “our mistake” and the gravity of the situation. The incident led to the grounding of all
As discussions about the possibility of the economy avoiding a recession gain momentum, a Deutsche Bank economist warns that danger still looms. Jim Reid, the head of global economics at the bank, emphasizes that optimistic sentiments before an economic downturn are not uncommon. In a client note, he states, “Remember that even as soft landing
Coinbase, the leading U.S. cryptocurrency exchange, has unveiled its plan to offer crypto-linked derivatives in the European Union (EU). In pursuit of this goal, Coinbase has entered into an agreement to acquire an unnamed holding company that possesses a MiFID II license. This license enables Coinbase to offer regulated derivatives, including futures and options, to
SpaceX, led by tech billionaire Elon Musk, is facing serious allegations as the U.S. National Labor Relations Board (NLRB) files a complaint against the defense contractor. The complaint accuses the company of unlawfully terminating eight employees who had written an open letter criticizing Musk and raising concerns about the workplace’s handling of sexual harassment. This
Federal Reserve officials recently discussed the possibility of interest rate cuts in 2024, but the timing and certainty of such cuts remain unclear. The minutes from the meeting, released on Wednesday, reveal that while members expect three quarter-percentage point cuts by the end of 2024, there is a high level of uncertainty surrounding this projection.
Shares of Moderna experienced a significant surge of more than 15% on Tuesday following an upgrade by Oppenheimer, which now rates the stock as “outperform.” The upgrade is based on the belief that the Covid vaccine producer has the potential to market as many as five different products by 2026. This positive development comes after