Thousands of flights are delayed or canceled following severe storms
Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that hammered the eastern United Sates.
2023-08-08 19:19
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:17
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wake of its tentative deal with the Teamsters union.
2023-08-08 18:46
HSBC executive apologizes for calling the UK 'weak' over China
A top executive at HSBC has apologized after reportedly calling the UK government "weak" over its dealings with China, in another sign of the political tightrope the British bank has been made to walk.
2023-08-08 13:27
Mattel announces limited-edition 'Weird Barbie' doll for sale
Some might say Weird Barbies are made, not sold. Mattel, however, begs to differ.
2023-08-08 08:55
It's not just actors: Over 11,000 city workers will strike in LA on Tuesday
City employees represented by local union SEIU 721 working in sanitation, at the city's port at at Los Angeles International Airport will strike for 24 hours, with picket lines forming in front of City Hall and LAX.
2023-08-08 08:52
Beyond Meat earnings drop 30% with falling demand
Troubled plant-based meat company Beyond Meat posted a 30% revenue decline in the second quarter due to falling demand for its products, the company announced Monday.
2023-08-08 06:21
Biden's student loan policies continue to face legal challenges
Legal challenges are continuing to target some of President Joe Biden's student loan policies. While his major student loan forgiveness program was blocked by the Supreme Court, the Biden administration is also facing lawsuits over some of its other policy changes aimed at making it easier for borrowers to pay back their loans.
2023-08-08 04:59
After trying for three years, Paramount finally unloads Simon & Schuster for $1.6 billion
Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash, after more than three years of trying to offload the book publishing powerhouse.
2023-08-08 04:57
We're way past hard seltzer: The spiked drinks keep coming
Just about every non-alcoholic drink has an alcohol-infused, or spiked, twin. Coconut water, cold brew, SunnyD, Mountain Dew, Fresca and AriZona Iced Tea are just a sample of the spiked beverages being sold across the country.
2023-08-08 03:28
Thousands of flights delayed as bad weather threatens Eastern US
More than 1,100 flights have been canceled Monday across the United States -- and more than 3,000 delayed -- as severe weather threatens many eastern states.
2023-08-08 03:27
PayPal bets on crypto's future with US-dollar-backed stablecoin
PayPal is rolling out its first stablecoin as it attempts to capitalize on the "emerging potential" of US dollar-backed digital tokens for consumer payments.
2023-08-08 02:17