Weekly US applications for jobless benefits slide to lowest level in 5 months
The number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the U.S. labor market continues to defy the Federal Reserve’s attempts to cool it off
2023-07-27 20:45
Southwest Airlines made $683 million in Q2, as a hectic summer travel season led to record revenue
Southwest Airlines is reporting a $683 million profit for the second quarter, and revenue is a quarterly record as planes are packed during the peak summer travel season
2023-07-27 19:55
Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:28
McDonald's posts surprisingly strong sales after "happy birthday" Grimace campaign goes viral
McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales
2023-07-27 19:25
Just Eat CEO Says Grubhub Sale Is Proving ‘Very Difficult’
Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings
2023-07-27 18:50
Shell earnings top $5 billion. But that's nearly half what it pulled in months ago
Shell has reported that it earned nearly $5.1 billion in the second quarter
2023-07-27 18:26
EU opens antitrust investigation against Microsoft over Office and videoconferencing Teams bundling
The European Union is opeing a formal antitrust investigation targeting Microsoft into the software company’s Teams messaging and videoconferencing app over concerns that its bundling with its Office productivity sofware suite gives it an unfair edge over competitors
2023-07-27 18:23
Singapore Airlines Posts Record Quarterly Profit With 98% Jump
Singapore Airlines Ltd.’s net income climbed 98% from a year earlier in the three months through June to
2023-07-27 17:56
Volkswagen takes steps to boost its China business as first-half earnings fall by 20%
Volkswagen has seen after-tax earnings fall by 20% in the first half of the year from the same period last year
2023-07-27 17:50
A fire is still burning on board a car-carrying cargo ship near a sensitive Dutch bird habitat
A cargo ship packed with nearly 3,000 cars is still ablaze close to a world-renowned bird habitat off the Dutch coast
2023-07-27 17:23
Australia Biggest States Face Budget Strains on Cash Crunch
Australia’s two biggest states will struggle to return their budgets to surplus as the economy sags under central
2023-07-27 16:52
Europe's central bank is set to pile on another rate increase. Is it the last in a record series?
The European Central Bank is set to raise interest rates again Thursday
2023-07-27 16:16