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Air Canada pilot arrested for flying without proper license

(TORONTO) -- An Air Canada pilot was arrested Monday after a probe discovered he had been allegedly flying hundreds of flights for at least 17 years without a proper license.Canadian police officials outlined Geoffrey Wall's alleged fraud, which they said, "read like a movie ...
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EU orders Meta to restore WhatsApp access for rival AI chatbots

LONDON (AP) - European Union regulators on Tuesday ordered Meta Platforms to restore access to WhatsApp for rival AI chatbot makers until an antitrust investigation is complete. The bloc's executive Commission, which is the 27-nation EU's top antitrust and competition enforcer, said it was ...
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OpenAI, company behind ChatGPT, files for IPO

(NEW YORK) -- OpenAI, the artificial-intelligence company behind ChatGPT, announced Monday night it had filed confidentially for an initial public offering (IPO), setting up the firm to raise fresh funds as it competes with deep-pocketed tech giants in the fast-growing AI industry.In a post ...
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Apple and Brussels blame each other for delaying European Union rollout of Siri AI

Apple and the European Union are blaming each other for delaying a rollout of the iPhone maker's long awaited Siri AI app to European users. A spokesman for the 27-nation EU's executive arm on Tuesday disputed Apple's explanation for why the company can't include ...
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US home sales surge to the fastest pace this year despite rising mortgage rates and prices

Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround in demand for after a lackluster start to the spring homebuying season. Existing home sales rose 3.2% in May from the previous month to a seasonally adjusted ...
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Analysis-Fuel price shock to widen product gap between US airlines

By Rajesh Kumar Singh RIO DE JANEIRO, June 9 (Reuters) - The fuel shock hitting U.S. airlines is doing more than squeezing margins - it is widening a product gap that may take years to close, as stronger carriers keep investing in lounges, premium seating, ...
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Wall St futures tick up as chips extend gains

June 9 (Reuters) - U.S. stock index futures climbed on Tuesday, as chip stocks extended gains for a second day, while easing hostilities in the Middle East also aided sentiment. Nasdaq futures led gains in early trading, with shares of chipmakers Nvidia, Broadcom and Micron ...
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Morning Bid: Buy the chip

By Mike Dolan June 9 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Relief rally, dip-buying or a dead cat bounce? However you want to characterize Wall Street's modest rebound on Monday, what is clear is that ...
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The best places to park your short-term investments

As you consider your options for short-term investments, keep three key items in mind. 1. Yield: The accounts with the highest yields typically require you to maintain a minimum balance. "Teaser" rates may apply to the first few months but drop after that. Additionally, ...
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Proposed $8B transformation of NYC’s Penn Station features Roman-style columns, ornamental design

NEW YORK (AP) - When Manhattan's original Pennsylvania Station was demolished in 1963, it marked the undignified end to one of America's great public works, a monolithic Beaux Arts train terminal with Roman-style columns and a spacious central waiting area that at the time ...
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Takeaways from Scott Pelley’s emotional interview about his ’60 Minutes’ demise

NEW YORK (AP) - When CBS News President Tom Cibrowski asked Scott Pelley if he could come by for a meeting last Tuesday, the longtime "60 Minutes" correspondent booked about an hour on his calendar, he says. He assumed he'd be having an extensive ...
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Asian shares are mixed as tech stocks rebound from sell-offs, while oil prices slip

Asian shares were mixed Tuesday, with tech shares leading gains after Wall Street recovered some of its sell-off from last week. Oil prices fell back after surging on Monday as fighting flared between Israel and Iran, threatening to pull the region back into full-scale ...
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