• Boeing's Wisk working taking flying robotaxis to Asia by 2030

    In 2022, Boeing invested in $450 million with Wisk, a company working on a flying car. The next year, it fully absorbed Wisk. By 2030, it hopes to have Wisk’s autonomous flying taxis operating in Asia. Boeing Chief Technology Officer Todd Citron revealed the plans to Nikkei, the Japanese news publication. Citron did not tell Nikkei where exactly in Asia that Boeing hopes to send the taxis. Nor did he say whether Boeing’s Wisk would operate a taxi service directly or sell its aircraft to...

  • Air Canada Employee Arrested For $15 Million Airport Gold Heist

    Exactly a year after 6,600 bars of 99.99-percent pure gold were reported missing at Toronto Pearson International Airport, Peel Regional Police has announced multiple arrests in connection with the brazen heist seemingly ripped straight from the silver screen. Law enforcement claims two Air Canada employees were involved in the $15 million gold theft. Despite the charges levied, only $65,000 in gold has been recovered. In April 2023, a flight from Zurich, Switzerland, landed at Pearson Airport...

  • Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected

    UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into the company’s performance. The health care giant also Tuesday that care patterns in the year’s first quarter met its expectations after soaring medical costs at the end of last year surprised Wall Street. Company shares jumped in early-morning trading. UnitedHealth said earlier this year that a ransomware group had gained access to some of the systems of its...

  • A strong quarter for Wall Street lifts Goldman's first-quarter results

    NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year. The strong quarter comes after Goldman struggled most of 2023 as higher interest rates put a pause on companies doing deals and mergers. But as executives have adjusted to the new normal and interest rates appear to be heading lower, Goldman has benefitted from the change in attitude. The New...