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‘Decades overdue.’ Transportation industry cheers Biden’s infrastructure plan

President Biden’s massive infrastructure proposal has excited transportation executives who say it is unprecedented and will have a broad, lasting impact on the country. The outline calls for $621 billion to upgrade and modernize everything from roads to bridges, railways, buses, trains and airports. Electric vehicles are a major part of the proposal, with investments

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Hong Kong court convicts media tycoon Jimmy Lai and other activists over peaceful protest

A Hong Kong court has convicted pro-democracy media tycoon Jimmy Lai and eight other prominent opposition activists over their roles in an unauthorized assembly at the height of the 2019 protests. The other defendants included “Hong Kong’s father of democracy” Martin Lee and veteran pro-democracy figures Albert Ho and Lee Cheuk-yan. They were charged with

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Hong Kong court convicts Jimmy Lai and other pro-democracy activists over 2019 protest

A Hong Kong court has convicted pro-democracy media tycoon Jimmy Lai and eight other prominent opposition activists over their roles in an unauthorized assembly at the height of the 2019 protests. The other defendants included “Hong Kong’s father of democracy” Martin Lee and veteran pro-democracy figures Albert Ho and Lee Cheuk-yan. They were charged with

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Microsoft earns contract worth up to $21.9 billion to make AR devices for the US Army

Microsoft has scored another major government contract, this time to produce augmented reality devices for the US Army. The Army announced Wednesday that it had awarded Microsoft a contract to produce augmented reality systems based on its HoloLens 2 device called Integrated Visual Augmented Systems (IVAS). The devices are designed to help soldiers, “fight, rehearse

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Nickelodeon pulls virus-themed SpongeBob episode

Nickelodeon is pulling a virus-themed episode of “SpongeBob SquarePants” because of “sensitivities” linking it to the coronavirus pandemic. The episode, “Kwarantined Crab,” from the show’s 12th season, centers on a virus storyline. “We have decided to not air it due to sensitivities surrounding the global, real-world pandemic,” a spokesperson for Nickelodeon told CNN Business. In

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Black Fortune 500 executives want companies to fight Republican voting restrictions

Some of the nation’s most prominent Black business leaders are calling out their Fortune 500 peers for their muted response to new laws that restrict voting across the country. Merck chief executive Ken Frazier and Berkshire Hathaway director Kenneth Chenault were among the 72 Black executives who signed a letter released Wednesday challenging other corporate

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