Business
The IRS has increased the amount workers can contribute to their 401(k), up $1,000 from last year. The government inflation-adjusted the 2027 limit to $25,500, a boost from 2026’s $24,500 limit, according to a recent IRS release. “Along with the Working Families Tax Cuts, this increase in the pension limitations will…
Tesla is now taking orders from select customers for its Cybercab, as the automaker pushes to bring fully autonomous vehicles to the consumer market. Tesla announced Friday on X that “select customers are now being invited to purchase Cybercab for personal use” at a price of $29,990, with a required…
The Port of New Orleans is seeking more than $1 million in damages after an asphalt tanker struck a docked river cruise ship on the Mississippi River, with a federal judge authorizing the tanker’s seizure. The lawsuit, filed Friday in the U.S. District Court for the Eastern District of Louisiana…
Elon Musk’s SpaceX made history Saturday after its Starship spacecraft returned from orbit and was caught by giant mechanical arms at the company’s Texas launch facility for the first time. The milestone came roughly 22 hours after Starship launched Friday from SpaceX’s Starbase facility, although the company fell short of…
New York City Mayor Zohran Mamdani on Friday announced a deal with President Donald Trump that would give small business owners who accept SNAP benefits an extension of a new rule that requires certain items to be stocked. “I have spoken to President Trump and [United States Secretary of Agriculture…
During a Saturday news conference explaining why the Federal Aviation Administration instituted a nationwide ground stop for all flights Friday, Transportation Secretary Sean Duffy claimed a technical issue may have occurred while federal telecommunications contractor L3Harris was doing work on an FAA telecommunications line. “At least one of our remote…
Workday, a business software that handles payroll and human resources management for thousands of prominent companies, suffered a major outage Friday, joining Microsoft in experiencing a shutdown this week. The platform manages services for 11,500 companies.”Workday is currently unavailable,” the platform signaled when users tried to gain access. “We are…
Transportation Secretary Sean Duffy blamed outdated routers and decades-old technology for Friday’s nationwide Federal Aviation Administration (FAA) ground stop, urging Congress to approve $50 billion in emergency funding to rebuild the country’s aging air traffic control system. Speaking at a White House news conference Friday evening, Duffy said the FAA…
An hours-long nationwide ground stop issued by the Federal Aviation Administration (FAA) on Friday afternoon was lifted after 8 p.m. ET, Transportation Secretary Sean Duffy said during a White House news conference. Duffy said in the White House briefing room: “We’ve opened up the airspace,” but he said it would…
Microsoft said Friday afternoon that a global outage affecting its suite of workplace products, most notably its Outlook email service, was caused by a bug introduced during a network capacity upgrade. “We have addressed the underlying issue and continue to restore service to remaining customers and regions,” Microsoft said in…
