Dozens of Delta Air Lines flights were canceled and more than 200 delayed Wednesday as the Atlanta-based carrier continued to recover from last week’s global CrowdStrike-Microsoft IT outage. But in a statement, Delta CEO Ed…
Category:
Business
-
-
Business
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
by adminWall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step of the way. The yield on the 10-year Treasury note has been lower than most…
-
McDonald’s will extend its $5 value meal beyond its initial four-week window in most of its U.S. markets as the fast-food giant says the offer is driving traffic back to restaurants. In a memo to the…
-
Business
Boeing ‘disappointed’ customers but is on the path to ‘transformational change,’ CEO says
by adminLONDON — Boeing’s output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major air show on Sunday, while admitting that the manufacturer has “disappointed”…
-
Business
Judge tosses defamation suit against Fox News by head of dismantled disinformation board
by adminA defamation suit against Fox News by a government official who served on a short-lived U.S. government media disinformation board was dismissed Monday by a federal judge. The lawsuit from Nina Jankowicz alleged that Fox News had…
-
Business
Bissell recalls 3.2 million handheld steam cleaners after scores of burn injury reports
by adminBissell is voluntarily recalling 3.2 million Steam Shot-style handheld steam cleaners after it received 183 reports of injuries, most of them minor burns. In a release on the Consumer Product Safety Commission’s website, Bissell said…
-
Delta canceled another 400 flights Tuesday as its troubles in the wake of the global CrowdStrike-Microsoft IT outage dragged on for the fifth consecutive day. The Atlanta-based carrier also saw more than 300 flights delayed…
-
Business
S&P 500 climbs for best day since early June as Nvidia shares lead tech turnaround
by adminThe S&P 500 rose Monday to notch its best day since June 5 as tech shares bounced on the heels of the worst weekly loss for the index since April. The benchmark climbed 1.08% to settle at…
-
Business
FTC launches probe into ‘surveillance pricing’ that it says links cost to customer data
by adminThe Federal Trade Commission is launching an investigation into so-called “surveillance pricing,” seeking more information about how artificial intelligence is used to change pricing rapidly based on data about customer behavior and characteristics. The FTC…
-
Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were also 5.4% lower than…