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    1081 posts
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    Amazon reaches $2 trillion market cap for the first time

    • June 27, 2024
    Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time. In crossing the milestone, Amazon join Nvidia, Apple,…
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    The ‘funflation’ effect: Why Americans are spending on travel and entertainment

    • June 27, 2024
    Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer it will cost even more thanks to “funflation,” a term…
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    Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation

    • June 26, 2024
    Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including reheated inflation. “While each…
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    Tesla’s Cybertruck recalled for a fourth time over two separate parts issues

    • June 26, 2024
    DETROIT (AP) — Tesla is recalling its futuristic new Cybertruck pickup for the fourth time in the U.S. to fix problems with trim pieces that can come loose and front windshield wipers…
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    21 million Miniverse toy sets recalled after reports of burns and respiratory irritation

    • June 26, 2024
    More than 21 million Miniverse “Make It Mini” sets by California toymaker MGA Entertainment are being recalled because of potentially hazardous resins, the Consumer Product Safety Commission reported Tuesday. The…
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    Treasury Secretary Yellen announces $100M affordable housing fund as shelter costs weigh on Biden

    • June 26, 2024
    Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100 million fund specifically for affordable housing. The announcement comes days before President Joe Biden faces off against former…
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    Hooters to close ‘underperforming’ restaurants amid broader industry woes

    • June 26, 2024
    Hooters said Monday that it’s closing ‘a select’ number of underperforming restaurants, the latest casual dining chain to announce shutdowns amid broader industry woes. Hooters said that it was ‘under…
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    Maker of Hershey’s, Jeni’s, and Friendly’s ice cream products issues recall over Listeria

    • June 26, 2024
    A company responsible for producing ice cream products for several popular brands, including Hershey’s, Jeni’s and Friendly’s, has issued a recall because some of its products may be contaminated with…
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    Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic

    • June 26, 2024
    Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid to boost the supply of its blockbuster weight loss drug…
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    How Delta made itself America’s luxury airline — and what United wants to do about it

    • June 26, 2024
    Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure his carrier stays on top. The airline’s unit revenue, the amount it brings in…
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      Popular Topics
      • Occupied West Bank rocked by day of violence as gunmen kill three Israeli settlers and reprisal attacks reported
      • Azerbaijan’s leader accuses Russia of passenger jet crash ‘cover up’ in blistering new attack on neighbor
      • Spanish woman killed by elephant in Thailand while bathing animal, police say
      • US adds Chinese tech giants to list of companies allegedly working with China’s military
      • Bad news for homebuyers in the Northeast and Midwest
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