Boeing vs. Airbus, fake parking tickets, China’s solar power: Business news roundup

Parking tickets are the latest vector for scammers to empty out bank accounts from New York to Southern California. Calgary became the latest North American city to address the growing trend of fake tickets on Tuesday. The Canadian city’s parking authority advised drivers to destroy fake tickets that are cropping on windshields and not to attempt to pay those fines.

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The White House announced Tuesday $150 million in new federal funding for research targeting the development of tumor-removal technologies.

The funding will be awarded by the Advanced Research Projects Agency for Health (ARPA-H) to eight research institutions across the country. President Joe Biden established the agency in 2022.

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China is lapping the United States when it comes the development of its solar power industry. Semafor reports that the world’s second-largest economy added more sun-driven energy capacity last year than the U.S. has, period.

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Remember being told that the internet would make our lives easier? I’m going to put on my Maury Povich mask to say the lie detector test determined that was a lie. Now we’re all infinitely connected and constantly contactable by virtually anyone, and deceitful folks can intentionally sensationalize things online to exploit popularity. If you’ve seen the recent viral footage of “pregnant” cars with giant inflated bubbles in China, then you’ve likely fallen prey to a sensationalized fallacy.

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