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JANUARY 18, 2023 Maryland Gov. Wes Moore and his wife, Dawn, embrace after Moore was sworn in, Wednesday, Jan. 18, 2023, in Annapolis, Md. - Julia Nikhinson/AP Photo Democratic Gov. Wes Moore made history Wednesday, officially assuming office as Maryland’s first Black chief executive during a ceremony at the state’s capitol building in Annapolis. But for Moore — the nation’s third Black...
JANUARY 18, 2023 An artist’s concept of the new transonic truss-braced wing configuration from NASA and Boeing. - Image: Boeing NASA today announced it will be working with Boeing on a new type of fuel-efficient single-aisle aircraft for commercial use, with the aim to cut fuel emissions and reduce the climate impact of flying. “Most of you all think of NASA as...
JANUARY 18, 2023 SpaceX CEO Elon Musk. Yasin Ozturk/Getty Images Elon Musk's focus on Twitter has made SpaceX a calmer place to work, some staff told Bloomberg. Musk's engagement in daily operations at SpaceX could create more work for staff, per the report. His demands for changes to hardware sometimes result in another redesign, staff added. SpaceX employees said they're relieved...
JANUARY 18, 2023 Satya Nadela speaks on stage at the "A Conversation with Microsoft's Satya Nadella" panel, Nov. 7, 2019, in New York City. - Brad Barket/Getty Images for Fast Company Microsoft said it will lay off 10,000 employees this year, the latest tech firm to slash jobs as the sector contracts after a pandemic-era boom. The layoffs will affect nearly 5%...
JANUARY 17, 2023 Janet Yellen, the secretary of the Treasury, warned that the United States would reach its existing borrowing cap of $31.4 trillion on Jan. 19. - Adam Perez/NYT Washington is gearing up for another big fight over whether to raise or suspend the nation’s debt limit, with Treasury Secretary Janet L. Yellen warning last week that the United States will...
JANUARY 17, 2023 China's birth rate has declined for the first time in decades, China's National Bureau of Statistics reported Tuesday, a shift that experts say could influence the global economy. The world's most populous country had 1.41175 billion people in it in 2022, a drop of 850,000 compared with 2021. The birth rate was 6.77 births per 1,000 people, a fall from...
JANUARY 17, 2023 New Delhi: Adani Group, the conglomerate led by India’s richest billionaire Gautam Adani, on Monday made the country’s biggest plantation pledge. As part of India's declaration to take a leading position in its commitment at Paris COP 21, the conglomerate has vowed to plant 10 crore trees by 2030. The Adani-led group made this commitment on the 1t.org...
JANUARY 16, 2023 Indian-origin Anu Aiyengar has become the only woman to head mergers and acquisitions on wall street. The 52-year-old has been with JP Morgan Chase &Co for 20 years and was named co-head of global M&A in 2020. After her co-head Dirk Albersmeier stepped aside to focus on client work, Aiyengar now takes the sole reins of the...
JANUARY 16, 2023 People waiting in line in city in Fall. - Mint Images/Tim Pannell/Getty Image Net worth can be determined by calculating the difference between your assets (what you own, like a home or retirement account) and liabilities (or debts), and it can widely range depending on salary and age. But when the U.S. is facing inflation and an uncertain economy,...
JANUARY 16, 2023 CAMBRIDGE, Mass. — Raqib Hameed Naik stood in his tidy American kitchen, feeling torn about his secret life. On the one hand, he was safe from the Indian government, and far from the death threats and the late-night knocks on his parents’ door. On the other hand, he was essentially in hiding, working on a scrappy secret data...