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Boeing Union Workers Approve/Reject Contract
Oct 23, 2024, 10:20 PM
The vote will extend a monthlong strike at factories where the aerospace company makes its best-selling commercial airplane.
IMF deputy head warns world to avoid global trade war
Oct 23, 2024, 9:42 PM
Economic fears have been rising over Donald Trump's mega-tariff plan and rising US debts.
L. A. Times Editorial Chief Quits After Owner Blocks Harris Endorsement
Oct 23, 2024, 7:27 PM
Mariel Garza said the editorial board was prepared to endorse Kamala Harris, but the paper’s owner, Patrick Soon-Shiong, decided not to make an endorsement in the presidential race.
American Airlines Passengers Who Skip Ahead Will Trigger ‘Audible Signal’
Oct 23, 2024, 6:16 PM
American Airlines is testing a technology platform that will produce a sound when a passenger attempts to board a flight ahead of the assigned group.
S&P 500 futures are little changed after index posts three straight losing days: Live updates
Oct 23, 2024, 6:05 PM
The Dow Jones Industrial Average and the S&P 500 racked up three consecutive losing sessions on Wednesday.
Tesla Reports Robust Profit Increase
Oct 23, 2024, 4:30 PM
The electric car company said profits climbed 17 percent in the third quarter as strong sales of energy products helped to make up for relatively slow auto sales.
Tesla stock jumps on Q3 earnings beat
Oct 23, 2024, 4:25 PM
Tesla reported third quarter results after the bell on Wednesday.
Apple and Goldman Sachs ordered to pay $89M over Apple Card failures
Oct 23, 2024, 3:54 PM
Apple and Goldman Sachs are being ordered by the CFPB to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.
Stock market today: Nasdaq, S&P 500 sink as tech leads losses ahead of Tesla earnings
Oct 23, 2024, 4:10 PM
Doubts about rate cuts weighed on investors dealing with a busy day of earnings from the likes of Tesla and Boeing.
Tesla Q3 preview: Where's the cheap EV, and other questions investors want answered
Oct 23, 2024, 2:29 PM
Tesla reports third quarter results after the bell on Wednesday, with investors searching for clarity on the EV maker’s long-awaited cheaper EV, robotaxi rollout details, and other initiatives like AI and robotics.
Government mulls giving unions twice as long to strike
Oct 23, 2024, 2:26 PM
A document produced by the government says the mandate to strike could be extended to a year from six months.
Existing home sales fall to lowest level since 2010
Oct 23, 2024, 2:02 PM
Sales of previously owned homes dropped to a 14-year low in September, as rising mortgage rates and high home prices continue to fuel an affordability crisis.
Digital Tags Come to Kroger and Walmart, but Chains Deny ‘Surge Pricing’
Oct 23, 2024, 1:50 PM
Some members of Congress have expressed concerns that stores will monitor customers and raise prices. Business experts say the tech has not raised customers’ grocery bills.
Apple brings ChatGPT to Apple Intelligence, debuts Visual Intelligence in latest developer beta
Oct 23, 2024, 1:23 PM
Apple is rolling out its latest iOS developer beta complete with ChatGPT integration for Apple Intelligence.
Bitcoin miners launch ad campaign in swing states to boost crypto-friendly candidates
Oct 23, 2024, 12:14 PM
Bitcoin Voter PAC launches ads to boost former President Donald Trump, Republican Sen. Ted Cruz and Republican Senate candidate Dave McCormick in their respective races.
GE Vernova Finds Further Problems With Its Wind Turbine Blades
Oct 23, 2024, 12:34 PM
The company said other blades had a “manufacturing deviation” similar to a blade that shattered in July off the coast of Nantucket.
Stock market today: Nasdaq leads stocks lower as Wall Street braces for Tesla earnings
Oct 23, 2024, 12:17 PM
Doubts about rate cuts weighed on investors dealing with a busy day of earnings from the likes of Tesla and Boeing.
Boeing CEO says 'trust in our company has eroded,' calls for 'fundamental culture change'
Oct 23, 2024, 11:49 AM
Boeing CEO Kelly Ortberg said on the company's earnings call that "trust in our company has eroded" and the aerospace giant needs a culture change as well as an improved balance sheet.
Main Street Asset Management chief investment officer Erin Gibbs discusses whether the U.S. dollar is at risk of losing its world reserve currency status on 'Making Money.'
Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry
Oct 23, 2024, 12:01 PM
The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.
What are the National Minimum Wage, National Living Wage and Real Living Wage?
May 30, 2019, 9:32 AM
The Real Living Wage is going up, six months after National Minimum Wage and National Living Wage rates rose.
Apple and Goldman Sachs ordered to pay over $89 million for Apple card failures
Oct 23, 2024, 11:24 AM
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.
Existing home sales in September fall to lowest level since 2010
Oct 23, 2024, 11:19 AM
Sales of existing homes fell in September as house hunters remained on the fence about buying a home despite mortgage rates easing during the month.
A key piece of Kamala Harris’s closing message: 'I am a capitalist'
Oct 23, 2024, 11:10 AM
Presidential campaigns often spend their final weeks searing a few final thoughts into voters' minds. For Kamala Harris, one of her key concluding messages is that she is a 'capitalist.'
G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
Oct 23, 2024, 11:01 AM
The economic lifeline is expected to be disbursed by the end of the year.
Watch CFPB Director Rohit Chopra speak at DC Fintech Week
Oct 23, 2024, 10:40 AM
The director of the Consumer Financial Protection Bureau is slated to speak at DC Fintech Week on Wednesday.
South Korea’s Modern Dance Scene is Thriving
Oct 23, 2024, 10:43 AM
Thanks to government support — and a collaborative spirit among dance companies — the medium is thriving across the country.
Boeing at "crossroads" as strike hits and losses rise
Oct 23, 2024, 10:31 AM
New Boeing boss Kelly Ortberg is wrestling with a damaging worker strike and other crises.
Is Nvidia stock still undervalued after 190% run?
Oct 23, 2024, 9:12 AM
Why one top Wall Street analyst is staying extra bullish on Nvidia.
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Oct 23, 2024, 9:00 AM
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.
Starbucks Shares Slide After Dismal Preliminary Quarterly Earnings
Oct 22, 2024, 6:30 PM
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.
Binance Employee, in Custody for 8 Months in Nigeria, Will Be Released
Oct 23, 2024, 8:36 AM
Prosecutors have dropped the criminal case against Tigran Gambaryan so he can receive medical care, a government spokesman said.
Why Some Outspoken C.E.O.s Are Backing Harris — Silently
Oct 23, 2024, 8:26 AM
Jamie Dimon and Bill Gates are quietly supporting the vice president rather than issuing a public endorsement, a sign of how polarized politics has become.
DJT stock extends gains after shares surge to highest level since July on bets Trump will win US election
Oct 23, 2024, 8:08 AM
Trump Media & Technology Group stock hit its highest level since July, adding to its recent rally.
Boeing reports $6B quarterly loss with big union vote looming
Oct 23, 2024, 8:05 AM
Boeing released third quarter earnings on Wednesday morning, closely matching the preliminary figures it released last week. The results highlight the precarious nature the planemaker finds itself, though some relief may be on the horizon with a big labor vote set later today.
Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
Oct 23, 2024, 7:40 AM
As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.
Coca-Cola posts better-than-expected Q3 report, driven by higher prices
Oct 23, 2024, 7:10 AM
Coca-Cola is expected to report another bubbly quarter, even against an uncertain consumer environment.
Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
Oct 23, 2024, 7:22 AM
Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.
Stock market today: Dow futures lead S&P 500, Nasdaq lower as Treasury yields tick up
Oct 23, 2024, 6:45 AM
Doubts about rate cuts weighed on investors preparing for a busy day of earnings from the likes of Tesla and Boeing.
Character.ai Faces Lawsuit After Teen’s Suicide
Oct 23, 2024, 5:07 AM
The mother of a 14-year-old Florida boy says he became obsessed with a chatbot on Character.AI before his death.
American Airlines Fined $50 Million for Treatment of Disabled Travelers Using Wheelchairs
Oct 23, 2024, 6:01 AM
The Transportation Department issued the fine after an investigation revealed “cases of unsafe physical assistance that at times resulted in injuries and undignified treatment of wheelchair users.”
As Election Looms, Disinformation ‘Has Never Been Worse’
Oct 23, 2024, 5:10 AM
A torrent of falsehoods, from home and abroad, have undermined what was once a shared faith in the honesty of America’s democracy.
California Tribal Casinos May Sue to Curb City Card Rooms
Oct 23, 2024, 5:04 AM
A new state law allows tribes to file suit against gambling venues they don’t operate, potentially shuttering them and jeopardizing local tax revenue.
Why the AI arms race is 'on' — and doesn't need your money: Morning Brief
Oct 23, 2024, 6:00 AM
Tesla kicks off Big Tech quarterly results on Wednesday. But the hyperscalers will remain in firm focus — specifically their AI investments.
Passengers sue Frontier Airlines after flight catches fire during landing in Las Vegas
Oct 23, 2024, 5:33 AM
Three passengers are suing Frontier Airlines over claims they suffered injuries when a flight caught on fire while landing at a Las Vegas airport.
Crypto firm Circle expects the UK to introduce stablecoin laws in 'months, not years'
Oct 23, 2024, 5:42 AM
"I think we're within months, not years" of formal U.K. stablecoin laws being introduced, crypto firm Circle's top policy executive told CNBC.
More escape debt for free as bills keep mounting
Oct 23, 2024, 1:07 AM
A charity in Sheffield is praised for its work helping people get out of debt free of charge.
Arm to scrap Qualcomm chip design license in feud escalation
Oct 22, 2024, 10:53 PM
(Bloomberg) -- Arm Holdings Plc is canceling a license that allowed longtime partner Qualcomm Inc. to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone technology.Most Read from BloombergClimate Change Is Killing Buildings in Slow MotionHow Kyiv Became a Leader in Digital Services Amid Wartime StrainTransportation Policy Gets Left Behind in Presidential RaceDhaka's Revolutionary Makeover Pits Visions of Peace Against VengeanceDrug Decriminalization S
Tokyo Metro Shares Soar in First Day of Trading for Century-Old Subway
Oct 23, 2024, 1:55 AM
Tokyo Metro had raised over $2 billion in one of Japan’s largest initial public offerings in years.
Reeves confirms Budget spending deals struck with all departments
Oct 23, 2024, 12:30 AM
Despite reports of internal rifts all government departments have agreed spending settlements, Reeves says.