GE wants to be a traffic cop for drones

General Electric, the company that brought you the light bulb and the toaster oven, wants to be a traffic cop for drones. GE (GE) formally launched a company on Thursday that plans to reinvent traffic management for unmanned aircraft. The venture, called AiRXOS, was created by GE about a year and a half ago and […]

Plane tickets are about to get more expensive

Flying to the beach may be more expensive this summer. Rising fuel prices are pressuring airline profits. That means airlines will charge higher airfare. It’s difficult to predict how much more expensive seats will become or the timing of fare increases, but the message is the unanimous from the major carriers. “Consumers will pay more […]

Alphabet shareholders reject diversity proposal backed by employees

Alphabet Inc’s shareholders, including top executives, voted down several proposals on Wednesday, defeating campaigns to tie pay to diversity goals and to get the Google parent to provide more data about efforts to moderate user-generated content. Alphabet management, which effectively has voting control of the company, had moved against the proposals. Shareholders and employees said […]