Ticketmaster defended itself publicly for the first time since the concert promoter’s highly publicized meltdown late last year during ticket sales for Taylor Swift’s “Eras” tour. Joe Berchtold, the president and chief financial officer of Live Nation, which owns Ticketmaster, made the case to the Senate Judiciary Committee on Tuesday …
Read More »FAA says contractor’s “unintentional” error caused recent outage that disrupted thousands of flights
The computer glitch that forced the temporary suspension earlier this month of U.S. domestic airline departures was caused by a contractor who mistakenly and unintentionally deleted files, the Federal Aviation Administration said Thursday. Damage to a database file had already been pinpointed by the agency as a probable cause of …
Read More »What is NOTAM, the system at the center of the FAA outage?
America’s airspace shut down for several hours Wednesday morning following a glitch in a computer system used to send alerts to pilots. The Federal Aviation Administration said that its Notice to Air Missions system, or NOTAM, had failed and was not processing new information. The system, which dates to the …
Read More »New York Times braces for 24
The New York Times is bracing for a 24-hour walkout Thursday by hundreds of journalists and other employees, in what would be the first strike of its kind at the newspaper in more than 40 years. Newsroom employees and other members of The NewsGuild of New York say they are …
Read More »Ford recalls over 634K SUVs due to fuel leaks and fire risk
Ford Motor Co. is recalling over 634,000 SUVs worldwide because a cracked fuel injector can spill fuel or leak vapors onto a hot engine and cause fires. The recall covers Bronco Sport and Escape SUVs from the 2020 through 2023 model years. All have 1.5-liter, three-cylinder engines. The Dearborn, Michigan, …
Read More »U.S. housing prices could plunge 20%, Dallas Fed warns
America’s home prices could plunge as much as 20% due to the sharp rise in mortgage rates in 2022, which are drastically increasing home ownership costs and “boost the odds of a severe house price correction,” according to research from the Federal Reserve Bank of Dallas. To be sure, the …
Read More »Elon Musk cites “difficult times ahead” in abruptly scrapping Twitter’s work
New Twitter owner, Elon Musk, sent his first email to employees late Wednesday to alert them of the social media company’s new rules: Working from home will no longer be permitted, with staffers expected to be in the office at least 40 hours a week. Musk — who titled his …
Read More »Hiring stayed strong in October, with U.S. employers adding 261,000 jobs
Hiring across the U.S. continued to surge in October, highlighting that the nation’s job market remains tight just days before the midterm elections. Employers added 261,000 jobs last month, the Labor Department said on Friday, overshooting economists’ expectations of about 200,000. The government also said 30,000 more jobs were created …
Read More »“Mattress Mack” could win $75 million if Astros win World Series
A Texas furniture store owner could win the largest sports bet payout ever depending on who wins the 2022 World Series between the Philadelphia Phillies and the Houston Astros. Jim McIngvale, also known as “Mattress Mack,” told ESPN he put $10 million on the Astros, splitting the bet across different platforms, including …
Read More »Taylor Swift drops “3am edition” of “Midnights” 3 hours after album’s 12 a.m. release
Taylor Swift has said “Midnights” was inspired by certain key sleepless nights — something many of her fans undoubtedly experienced as the singer-songwriter dropped seven bonus tracks and a music video just hours after the album’s release Friday. “Midnights” was released at, well, midnight Eastern time. With a runtime of …
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