In Germany, a U.S. beer invasion Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
Cyprus parliament approves bailout Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
Baby food shortage in Europe due to China demand Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
Swedish police find drugs on Bieber tour bus The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
A new bill would prevent Clear customers from jumping to the front of the queue at security checkpoints. But Delta, United, and other carriers aren’t on board.
California could become the first state to transform backlash to services offering front-of-queue privileges into a law that targets TSA line-jumpers.
Buried in the earnings release, Tesla did something it doesn’t typically do: It gave investors some firm dates on near-term plans.
There’s very little good news in Tesla’s Q1 earnings. Earnings per share and revenues both missed analyst expectations. Vehicle deliveries were at their lowest level since the third quarter of 2022.
Employees and suppliers were left blindsided after the Chicago-based grocery startups, which recently merged, abruptly shut down and laid off workers.
Foxtrot and Dom’s Kitchen & Market, two popular Chicago-based grocery startups, abruptly ceased operations on Tuesday. The news comes five months after the two businesses announced they were merging into one entity, Outfox Hospitality.
The Traffic Coordination System for Space is designed to rely on minimal government infrastructure and will run on the AWS cloud.
Government IT projects are known for being challenging, and one of the biggest currently underway is the U. S. effort to forge a civil space traffic coordination platform.
By TOM KRISHER and DAVID HAMILTON (AP Business Writers)
Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles.
The Austin, Texas, company said it made $1.13 billion from January through March compared with $2.51 billion in the same period a year ago.
Investors and analysts were looking for some sign that Tesla will take steps to stem its stock’s slide this year and grow sales.