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Elon Musk testifies his ‘pedo guy’ tweet not meant to be taken literally

High-tech entrepreneur Elon Musk testified at his defamation trial on Tuesday that his “pedo guy” Twitter message at the center of the case was not meant to be taken literally and was sent in response to an “unprovoked” insult he received from the man now suing him.

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UPDATE 1-United orders 50 new Airbus long-range jets to replace Boeing 757s

United Airlines Holdings Inc announced on Tuesday an order for 50 Airbus SE A321XLR jets to fly between the U.S East Coast and Europe, becoming the latest U.S. airline to ink a deal for the European planemaker’s new passenger jet. The long-range A321XLR jets will replace United’s 53 Boeing 757-200 planes beginning in 2024, the Chicago-based planemaker said, flying to cities like Porto, Portugal and other potential new destinations. United’s 757 planes will reach the end of their lifespan in about a decade and Boeing Co is not building any more of the large single-aisle model. …read more […]

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United orders 50 new Airbus long-range jets to replace Boeing 757s

United Airlines Holdings Inc announced on Tuesday an order for 50 Airbus SE A321XLR jets to fly between the U.S East Coast and Europe, becoming the latest U.S. airline to ink a deal for the European planemaker’s new passenger jet. The long-range A321XLR jets will replace United’s 53 Boeing 757-200 planes beginning in 2024, the Chicago-based planemaker said, flying to cities like Porto, Portugal and other potential new destinations. United’s 757 planes will reach the end of their lifespan in about a decade and Boeing Co is not building any more of the large single-aisle …read more […]

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UPDATE 1-J&J says new tests show no asbestos in Johnson's Baby Powder

Johnson & Johnson said on Tuesday that recent tests showed that Johnson’s Baby Powder was free of asbestos, after U.S. Food and Drug Administration investigations reported trace amounts of the material in the product earlier this year. A total of 155 tests were conducted by two different third-party labs using four different testing methods on samples from the same bottle tested by the FDA’s contracted lab, the company said. The tests are the latest effort by J&J to prove the safety of its widely used consumer product after the test by the FDA prompted J&J to undertake a …read more […]

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Johnson & Johnson confirms no asbestos in Johnson's Baby Powder

A total of 155 tests were conducted by two different third-party labs using four different testing methods on samples from the same bottle tested by the FDA’s contracted lab, the company said. Tests conducted by two third-party labs showed asbestos was not present in the single bottle that the FDA’s contracted lab had tested, nor was it present in retained samples of the finished lot from which the bottle was produced, the company said. The company said its investigation concluded that the most probable root causes for the FDA’s reported results were either test sample contamination or analyst …read more […]

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Icahn Urges HP to Move Forward With Xerox Merger Discussions

(Bloomberg) — Carl Icahn is urging HP Inc. to push ahead with takeover talks with Xerox Holdings Corp., arguing the hardware maker’s standalone plans amount “to little more than rearranging the deck chairs on the Titanic.”A tie-up between the companies could yield more than $2 billion in synergies, the billionaire investor said in a letter to be sent to HP shareholders.“It is absurd for the HP board and management team, with such a history of underperformance and missteps, to claim to have had a sudden epiphany and now expect shareholders to trust them to execute a standalone restructuring plan,” Icahn …read more […]