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Twitter to charge users to secure accounts via text message

(Reuters) – Twitter said on Friday it will allow only paid subscribers to use text messages as a two-factor authentication (2FA) method to secure their accounts. After March 20, “only Twitter Blue subscribers will be able to use text messages as their two-factor authentication method,” the company tweeted. Two-factor authentication, meant to make accounts more …

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Boeing offers CEO $5.3 million incentive to stay through recovery

By Valerie Insinna and David Shepardson (Reuters) -Boeing on Friday awarded Chief Executive Dave Calhoun an incentive worth approximately $5.29 million to induce him to stay throughout the company’s recovery from the twin crises of the COVID-19 pandemic and two deadly 737 MAX crashes that led to the fleet’s grounding. Boeing’s board of directors on …

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Goldman Sachs, BofA expect three more U.S. rate hikes this year

By Aniruddha Ghosh and Siddarth S (Reuters) – Goldman Sachs and Bank of America said they expect the U.S. Federal Reserve to raise interest rates three more times this year, lifting their estimates after data pointed to persistent inflation and a resilient labor market. Producer prices accelerated in January by the biggest margin in seven …

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Embraer’s electric aircraft maker Eve ‘on track’ to start service in 2026

By Gabriel Araujo SAO PAULO (Reuters) – Electric aircraft maker Eve Holding Inc is “on track” to meet its goal of starting commercial operations in 2026, an executive said on Friday, and getting its aircraft certificated is the most immediate target. Eve’s vice president of services & fleet operations, Luiz Mauad, told Reuters in an …

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Deere profit beats forecast, 2023 outlook raised; shares jump 6%

By Bianca Flowers and Aishwarya Nair (Reuters) – Deere & Co raised its annual profit forecast on Friday after beating Wall Street estimates for the latest quarter on higher revenue for its high-horsepower tractors and an increase in spending from construction customers. Shares of the world’s largest farm equipment maker rose 6.1%. The industrial bellwether, …

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Analysis-Tesla’s search for Mexico location shows bumps on nearshoring road

By Daina Beth Solomon and Diego Oré MEXICO CITY (Reuters) – Tesla Inc’s quest to build its first factory in Mexico reveals some of the shaky underpinnings of the country’s rise as a nearshoring darling, with proximity to U.S. buyers weighed down by concerns over power supply and political interference. Mexican President Andres Manuel Lopez …

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Soccer-Investors recognising clubs’ value ahead of Man Utd bids, says finance expert

(Recasts headline) By Sophie Penney LONDON (Reuters) – Recent investment in soccer has set the bar for the value of elite clubs and led to the sport becoming “big, big business”, finance expert Neil Joyce told Reuters on Friday, ahead of the expiration of a deadline for bids to buy into Manchester United. United’s owners, …

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As U.S. Supreme Court weighs YouTube’s algorithms, ‘litigation minefield’ looms

By Andrew Chung WASHINGTON (Reuters) – In 2021, a California state court threw out a feminist blogger’s lawsuit accusing Twitter Inc of unlawfully barring as “hateful conduct” posts criticizing transgender people. In 2022, a federal court in California tossed a lawsuit by LGBT plaintiffs accusing YouTube, part of Alphabet Inc, of restricting content posted by …

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