Ford to remake Detroit's most famous ruin

Ford to remake Detroit's most famous ruin

If you’ve ever been to Detroit, you’ve probably seen Michigan Central Station. And you’ve probably wondered why someone didn’t just tear it down. Visible from miles around, the 18-story building has been abandoned for decades and is, literally, a mere shell of its former self. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; […]

Tronc's Sale Of 'LA Times' Set To Close, Bringing End To Newsroom Crisis

Tronc's Sale Of 'LA Times' Set To Close, Bringing End To Newsroom Crisis

Billionaire Dr. Patrick Soon-Shiong officially takes control of the Los Angeles Times and The San Diego Union-Tribune as soon as Monday, sources familiar with the deal tell NPR. Evan Vucci/AP hide caption toggle caption Evan Vucci/AP Billionaire Dr. Patrick Soon-Shiong officially takes control of the Los Angeles Times and The San Diego Union-Tribune as soon […]

Elon Musk firm tapped to build Chicago high-speed transit

Elon Musk firm tapped to build Chicago high-speed transit

Chicago (AFP) – Elon Musk’s The Boring Company has been tapped to build a high-speed underground transportation system for Chicago — the first US city to bank on the entrepreneur’s futuristic concept for mass transit. The project, to be officially announced Thursday, would employ tunnels and autonomous electric vehicles called “skates” to zip passengers between […]

US Files Criminal Charges Against Theranos's Elizabeth Holmes, Ramesh Balwani

US Files Criminal Charges Against Theranos's Elizabeth Holmes, Ramesh Balwani

Federal prosecutors filed criminal charges against Theranos Inc. founder Elizabeth Holmes and the blood-testing company’s former No. 2 executive, alleging that they defrauded investors out of hundreds of millions of dollars and also defrauded doctors and patients. The indictments of Ms. Holmes and Ramesh “Sunny” Balwani, Theranos’s former president and chief operating officer who was […]

Fitbit's six current, ex-staff indicted in Jawbone trade secrets case

Fitbit's six current, ex-staff indicted in Jawbone trade secrets case

(Reuters) – ​Six former and current employees of Fitbit Inc (FIT.N) were ​charged in a federal indictment for possessing trade secrets stolen from rival Jawbone, according to a statement from the Department of Justice on Thursday. FILE PHOTO: The ticker symbol for Fitbit is displayed at the post where it is traded on the floor […]

Flight from Los Angeles sent into nosedive for 10 seconds after hitting vortex: report

Flight from Los Angeles sent into nosedive for 10 seconds after hitting vortex: report

A Qantas Airways Airbus A330-300 jet takes off from Sydney International Airport over the city skyline, December 18, 2015. REUTERS/Jason Reed/File photo – RTX2R40T Passengers have described the terrifying moment a vortex sent their Qantas flight into a 10-second “nosedive.” Hundreds of horrified travelers held hands ­believing they were about to die as the aircraft […]

Stock Futures Edge Up On AT&T Ruling; Fed Vote, Oil Data Loom

Stock Futures Edge Up On AT&T Ruling; Fed Vote, Oil Data Loom

Stocks crept higher at Wednesday’s open as telecom and entertainment stocks continued to respond to Tuesday’s U.S. district court ruling allowing AT&T (T) and Time Warner (TWX) to merge. Beyond the sectors affected by the ruling, markets set up in a holding pattern ahead of this afternoon’s policy announcement from the Federal Reserve. X 21st […]

AT&T's Time Warner Takeover Wins Judge's Approval in Defeat for Justice Dept.

AT&T's Time Warner Takeover Wins Judge's Approval in Defeat for Justice Dept.

WASHINGTON — A federal judge on Tuesday approved the blockbuster merger between AT&T and Time Warner, rebuffing the government’s effort to stop the $85.4 billion deal, in a decision that is expected to unleash a wave of corporate takeovers. The judge, Richard J. Leon of United States District Court in Washington, said the Justice Department […]

Big Day for AT&T, and for Justice Dept., as Court Rules on Time Warner Case

Big Day for AT&T, and for Justice Dept., as Court Rules on Time Warner Case

AT&T’s ambition to become a telecom-media giant faces a decisive moment on Tuesday with an expected ruling on whether its $85.4 billion takeover of Time Warner can proceed. The decision will be no less momentous for President Trump’s Justice Department, because a victory for the government could rewrite the way antitrust rules and takeovers are […]

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