Business

United Airlines loses $1.4B in 1Q, but expects profit in 2Q

United Airlines reported Wednesday that it lost $1.38 billion in the first quarter of 2022 but said it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up.

Business

China's Huawei says 2021 sales down, profit up

Six months after being released by Canadian authorities following a diplomatic standoff involving Washington and Beijing, Huawei's chief financial officer said Monday the telecom equipment giant may be emerging from a "black ...

Business

Amazon closes $8.5B deal to acquire Hollywood studio MGM

Amazon announced Thursday it has closed its acquisition of Hollywood studio MGM, two days after European regulators said the deal "would not significantly reduce competition" in European markets.

Security

Canadian extradited to US to face ransomware charges

A Canadian man has been extradited to the United States to face charges in connection with ransomware attacks that netted tens of millions of dollars in cryptocurrency, the Justice Department said Thursday.

Business

US lawmakers accuse Amazon of blocking anti-trust probe

A panel of US lawmakers urged the Department of Justice on Wednesday to open a criminal probe into their allegations that Amazon has tried to obstruct their anti-trust investigation of tech giants.

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Justice

Justice is a concept of moral rightness based on ethics, rationality, law, natural law, religion, or equity, along with the punishment of the breach of said ethics; justice is the act of being just and/or fair.

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