Apple Lays Off 600 Workers in California after Shuttering Selfdriving Car Project
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Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan.MarketWatch - Business -
Investor’s Lawsuit Accuses 777 Partners of $600 Million Fraud
In a suit filed in federal court in New York, a firm that provided hundreds of millions of dollars to 777 accused the company of double-pledging its collateral to other investors.The New York Times - Business -
Driver dies after crashing car into White House gate
A male driver was pronounced dead at the scene of a car crash outside the White House on Saturday night, officials said.CBS News - Top stories -
Norris takes first F1 victory with Miami Grand Prix win - reaction
Follow live text updates and listen to BBC Radio 5 Live commentary as Lando Norris wins the Miami Grand Prix for McLaren.BBC News - Top stories -
Apple’s stock is seeing its best day in 1.5 years, but an existential question remains
Now that the company has helped soothe the China concerns, it’s time for Apple to move on to the next big area of investor debate: its AI positioning.MarketWatch - Business -
Social Security holds off insolvency until 2035, one year later than projected, thanks to stronger economy
The improved forecast was due to high levels of labor productivity and lower long-term disability incidence rate.MarketWatch - Business -
Four arrested after £40m cocaine haul found in van in Yorkshire pub car park
Three men from Scotland and one from Colombia held in connection with discovery at Stags Head Inn, Lelley, East Yorkshire. Four men have been arrested after £40m worth of cocaine was found in the back of a van in a Yorkshire village pub car park.. ...The Guardian - World -
2 workers killed, more than 50 trapped when a building under construction collapses in South Africa
Yahoo News - World -
5 workers dead, 49 still missing after a building collapse in South Africa
Rescue teams have worked through the night searching for dozens of construction workers buried for more than 12 hours under the rubble of concrete after a multi-story apartment complex that was being built collapsed in a South African coastal cityABC News - World -
After 3 Tourists Go Missing, Bodies Are Found in Baja California
Mexican authorities recovered the three bodies as a search went on for two Australian tourists and a U.S. citizen who disappeared while on vacation.The New York Times - World - California -
Warren Buffett Praises Apple After Berkshire Hathaway Cuts Stake
The legendary investor praised the iPhone maker at his annual meeting in Omaha, Neb., even after revealing that Berkshire had slashed its stake in the first quarter.The Wall Street Journal - World - Apple -
Dupont steers Toulouse into Champions Cup final to leave Harlequins with regret
Toulouse 38-26 HarlequinsToulouse set up Champions Cup final against Leinster Another gallant English defeat, another tale of the Premiership’s plucky losers but ultimately another tinged with regret. Toulouse booked their place in the final to ...The Guardian - World -
Boeing calls off Starliner spacecraft launch after problem with valve
Aerospace manufacturer also subject to new FAA probe over 787 Dreamliner inspectionsFinancial Times - Business -
Drive a Car, Not a Computer
I don’t want to stare at yet another computer screen while I’m driving.The Wall Street Journal - World -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
Oil pares gains as Hamas reportedly accepts cease-fire plan, Israel warns of Rafah invasion
Oil prices pared some of their gains by Monday’s settlement as news reports said Hamas has accepted a proposal to halt its war with Israel in Gaza.MarketWatch - Business - Israel -
Charges Against Cuellar Lay Bare Azerbaijan’s Influence Attempts
Federal prosecutors say Representative Henry Cuellar tried to shape policy for Azerbaijan in exchange for bribes. The country has spent millions in the past decade lobbying Washington.The New York Times - World