Author: Davide E

Despite receiving 481 orders from airlines around the world, Boeing has been unable to sell its new wide-body jetliner to US airlines.United executives say that’s because the upcoming 777X, the world’s largest twin-engine plane currently in production, is simply too big for the airline’s needs.”We think the 777X will be a very good airplane, but it’s a very big airplane,” Patrick Quayle, senior vice president of global network planning and alliances, told Business Insider. “Given our hub structure, we think a smaller wide-body airplane would actually be better.”Quayle explained that United Airlines has seven hubs across the US, including Chicago,…

Nvidia shares down 7% pre-market; UK car production falls 14%Good morning, and welcome to our live coverage of business, economics and financial markets.Nvidia shares are down 7% in after-hours trading despite actually beating analyst expectations for sales and profits.The Silicon Valley chip designer reported sales more than doubling to $30bn (£23bn), up 122% in the second quarter compared with last year. Analysts had expected sales of $28.7bn on average.Jensen Huang, founder and chief executive of Nvidia, said anticipation for its forthcoming Blackwell chips – which squeeze in 208bn transistors to carry out the calculations needed to train large language model…

Jada Haynes, 25, from Phillip, South Dakota, is majoring in business administration with minors in social work and sign language studies. On campus, she is involved in volleyball, the Deaf Awareness Club and the National Society for Leadership and Success (NSLS). She took her skills off campus this summer, interning with Foster Network in Sioux Falls, a nonprofit organization that aims to help families who have children placed through licensed agencies.Q: What are your career goals and aspirations?A: My career goal is to use my skills to drive both organizational excellence and societal progress. I aspire to blend business strategy…

The bill, SB 1047, was introduced seven months ago by Sen. Scott Weiner and passed the state Assembly on Wednesday. The bill now heads to Gov. Gavin Newsom’s desk, who has until Sept. 30 to either sign it into law or veto it. The governor has not publicly stated his position.The bill aims to require companies that spend more than $100 million to train AI models to develop safeguards to ensure the technology isn’t used to harm society, such as building dangerous weapons or carrying out cyberattacks.The measures include requiring companies doing business in California to report any safety incidents…

The family of a Green Beret buried at Arlington National Cemetery is not happy that former President Donald Trump took a photo and filmed a TikTok video at the soldier’s plot, The New York Times reported.Trump attended a wreath-laying ceremony in Arlington on Monday to mark three years since the attack on U.S. troops withdrawing from Afghanistan. Trump and Republicans have often used the 2021 Kabul attack that killed 13 U.S. soldiers to criticize the Biden administration.The Trump campaign also filmed a TikTok video at the cemetery, in which Trump was shown laying a wreath at the Tomb of the…

DENVER — Over the past few months, Denver7 has been reporting on some of the challenges facing businesses across the city.Many businesses, from clubs to bakeries, have been forced to close, with owners citing crime, construction and rising rents as reasons for their closures. Mutiny Information Cafe is the latest business to decide to leave the area and relocate elsewhere.”We can’t afford to stay where we are anymore. The neighborhood is changing,” said Jim Norris, co-owner of Mutiny Information Cafe.His shop, a staple for more than a decade in the South Broadway neighborhood, hub of Denver’s counterculture scene, is planning…

Nvidia CEO Jensen Huang remains optimistic about the revenue outlook for its upcoming Blackwell chips, despite the company’s troubled rollout.The tech company beat revenue estimates, earnings per share and third-quarter guidance in its earnings report on Wednesday, officially recording another strong quarter.Despite Nvidia’s win, Wednesday’s earnings report and subsequent conference call left some analysts clamoring for more information, particularly about the company’s Blackwell chip designs, which have been hit by production issues in recent months.The company acknowledged this week that the Blackwell issues have forced rework and contributed to Nvidia’s lower gross margins.Shortly after the first conference call, Citi projected…

It’s hard to be the king of AI.Nvidia signaled that demand for AI remains strong, more than doubling its revenue from the same period last year and forecasting revenue of $32.5 billion in the next quarter.But that didn’t come as a surprise to industry experts on Wednesday.The multi-trillion-dollar company had been widely expected to report strong quarterly results as big tech companies continue to pour billions of dollars into artificial intelligence, locking in demand for Nvidia’s prized chips.But working against Nvidia are the sky-high expectations that investors have always placed on the Silicon Valley chipmaker, analysts and industry experts told…

EUGENE, Ore. — A new child care business training program led by child care resource and referral agency Quality Care Connections (QCC) and the Lane Small Business Development Center (SBDC) in partnership with Onward Eugene will create new child care slots in Lane County, the Eugene Chamber of Commerce and Onward Eugene announced.Like many other counties in Oregon, Lane County is considered a child care desert, defined as a community with three or more children for every available child care slot. To move out of this state, Lane County would need to add approximately 1,500 new child care slots to…

Surveillance video showed a shirtless man assaulting a store owner outside a downtown store. AUSTIN, Texas — George Scaliano said his grocery store in downtown Austin has been caught up in a horrific cycle of crime. Earlier this month, surveillance footage captured the alleged attack outside the Royal Blue grocery store on Congress Avenue. The video shows Mr Scaliano approaching the man who pulled out the chair, and he said he asked him if he was a customer, who then became angry. “He tried to spit on me and physically challenged me,” Scaliano said. The situation escalated as Scaliano tried…