US stocks fall after biggest 2-day rally since 2020 as investors assess Fed path and new payroll data

bymuratdeniz US stocks fell Wednesday, reversing course after a huge two-day surge on Wall Street.  Investors assessed ADP’s September report that showed an increase of 208,000 private-sector jobs. Oil edged up as OPEC+ considered a hefty cut in production.  US stocks fell Wednesday following sharp gains in the previous two sessions as fourth-quarter trading got…

Virgin Atlantic is axing flights to Hong Kong and says it is partly because the Ukraine war has made some flights nearly 2 hours longer

Virgin Atlantic originally canceled flights to Hong Kong in December 2021, but was set to resume in March 2023. Virgin Atlantic Virgin Atlantic is ditching routes to Hong Kong partly because it’s no longer able to fly over Russia. The closure of Russian airspace has added nearly two hours to some flights, Virgin said Wednesday….

Tesla phasing out ultrasonic sensors as it moves toward a camera-only system

Tesla has announced that it’s phasing out ultrasonic sensors (USS) used in its EVs to detect short-range obstacles, Electrek has reported. While other automakers use LiDAR, radar and other sensors on top of cameras, Elon Musk’s company is determined to use only cameras in its Tesla Vision driver assistance system.  It will remove the ultrasonic…

Ex-Twitter VP calls Elon Musk an attention seeker after the billionaire offered to buy the company for $44 billion again

Twitter’s former EMEA VP Bruce Daisley spoke to Insider about Elon Musk offering to buy the social media platform. JIM WATSON/AFP/Ernesto Ruscio/Getty Images A former Twitter VP said Elon Musk was an “attention seeker,” following the Twitter purchase saga. Bruce Daisley told Insider Musk was like a hungover man “surveying the mess he’d woken up…