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AstraZeneca pulls its COVID-19 vaccine from the European market
The pharma giant AstraZeneca has requested that the European authorization for its COVID-19 vaccine be pulled
May 08, 2024Tractor-trailers with no one aboard? The future is near for self-driving trucks
Late this year, Aurora Innovation Inc. plans to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks
April 28, 2024New whistleblower claims put Boeing's quality control under more scrutiny
The company has refuted Sam Salehpour's allegations.
April 11, 2024
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19 minutes ago
Student loan rates set to reach 16-year high: 'It's a shock'
The move could add thousands to a borrower's total payments, one expert said.
19 minutes ago
1 hour ago
Supreme Court sides with music producer in copyright case over sample in Flo Rida hit
The Supreme Court has sided with a music producer in a copyright case, allowing him to seek more than a decade's worth of damages over a sample used in a Flo Rida song
1 hour ago
1 hour ago
Vietnam's arrest of reformist labor official could disturb bid for better trade terms with the US
Police in Vietnam say they have arrested a senior official of the country’s labor ministry for “deliberately disclosing state secrets.”
1 hour ago
1 hour ago
Airbnb, Topgolf Callaway fall; HubSpot, Cheesecake Factory rise, Thursday, 5/9/2024
Stocks that are trading heavily or have substantial price changes on Thursday: Airbnb, Topgolf Callaway fall; HubSpot, Cheesecake Factory rise
1 hour ago
1 hour ago
Critics call joint event between Oprah, Weight Watchers ‘hypocritical’
Plus, Biden defends his economic records and Disney and Warner Brothers’ Discovery to launch streaming bundle.
1 hour ago
1 hour ago
Average long-term US mortgage rate snaps five-week string of increases, but remains above 7%
The average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for home shoppers already facing the challenges of rising housing prices and a shortage of homes for sale
1 hour ago
2 hours ago
Chevrolet Malibu heads for the junkyard as GM shifts focus to electric vehicles
The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard
2 hours ago
3 hours ago
Top public relations executive at Chinese technology firm Baidu apologizes after sparking backlash
A top public relations executive from Chinese technology firm Baidu has apologized after she made comments in a series of videos that critics said glorified a culture of overwork
3 hours ago
3 hours ago
Argentina labor unions' 24-hour strike against President Milei paralyzes daily life
Argentina’s biggest trade unions have mounted one of their fiercest challenges to the libertarian government of President Javier Milei
3 hours ago
May 09
US weekly jobless claims hit highest level since August of 2023, though job market is still hot
The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening
May 09
May 09
How to turn a supermarket bouquet into a lusher, more personalized flower arrangement
If your heart is telling you to give a luxurious bouquet of flowers, but your wallet is saying shop at the supermarket, fear not
May 09
May 09
TikTok sues to block potential ban. Can it win?
The social platform has a viable case but faces challenges, experts said.
May 09
May 09
TikTok to start labeling AI-generated content as technology becomes more universal
TikTok says it’s going to start automatically labeling content that’s made by artificial intelligence when it’s uploaded from certain platforms
May 09
May 09
Bread loaves recalled in Japan after 'rat remains' were found
Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found
May 09
May 09
Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target
May 09
May 09
Bank of England keeps its main UK interest rate on hold at 5.25% but indicates that cuts may be imminent
Bank of England keeps its main UK interest rate on hold at 5.25% but indicates that cuts may be imminent
May 09
May 09
Feds have 'significant safety concerns' about Ford fuel leak recall and demand answers about the fix
Federal investigators say they have “significant safety concerns” about a Ford SUV recall repair that doesn’t fix gasoline leaks that can cause engine fires
May 09
May 09
Boeing 737 catches fire and skids off the runway at a Senegal airport, injuring 10 people
A Boeing 737 plane carrying 85 people has caught fire and skidded off a runway at the airport in Dakar, Senegal’s capital, injuring 10 people
May 09
May 09
Guns are being stolen from cars at triple the rate they were 10 years ago, a report finds
The rate of guns stolen from cars in the U.S. has tripled over the last decade, making them the largest source of stolen guns in the country
May 09
May 09
Japanese automaker Nissan reports 92% jump in profit as sales surge
Nissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China
May 09
May 09
Stock market today: Wall Street drifts higher as S&P 500 pulls back within 1% of its record
U.S. stocks are drifting higher
May 09
May 09
Fiji's ex-leader, Frank Bainimarama, sentenced to prison for interfering in police investigation
Former Fijian Prime Minister Frank Bainimarama has been sentenced to a year in prison for interfering in a criminal investigation while leading the government of his South Pacific island nation
May 09
May 09
Yemen's Houthi rebels claim 2 attacks in Gulf of Aden as Iran official renews nuclear bomb threats
Yemen’s Houthi rebels have claimed responsibility for two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage
May 09
May 09
Europe Day marks 1 month till EU elections. Rise of hard right, wilting of Green Deal are possible
The European Union marks its annual Europe Day on Thursday
May 09
May 09
China's exports and imports return to growth in April as demand improves
China reported Thursday that its exports and imports returned to growth in April, suggesting that demand is improving despite an uneven economic recovery
May 09
May 09
Union push pits the United Farm Workers against a major California agricultural business
A battle is underway in California between a unit of the Wonderful Co. and United Farm Workers over how a group of workers organized under a recently-enacted labor law
May 09
May 08
WSJ reporter pens book critical of Amazon
ABC News’ Linsey Davis spoke with reporter Dana Mattioli who investigates Amazon’s business practices in “The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power.”
May 08
May 08
Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain
Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households
May 08
May 08
Judge grills Apple exec about whether company is defying order to enable more iPhone payment options
A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital ...
May 08
May 08
Airbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market trading
May 08
May 08
Activist investor wins 3 Norfolk Southern board seats but won’t have control to fire CEO
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away
May 08
May 08
Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales
Plant-based meat maker Beyond Meat urged investors to look past its mixed first quarter results Wednesday, saying a new, healthier burger just hitting U.S. shelves will help reignite weak sales
May 08
May 08
How major US stock indexes fared Wednesday, 5/8/2024
Stock drifted to a mixed close as Wall Street remains in a lull
May 08
May 08
Candace Parker takes a new job with Adidas after retiring from a 16-year WNBA career
Candace Parker has a new job as president of women’s basketball at Adidas
May 08
May 08
Georgia lawmakers vowed to restrain tax breaks. But the governor's veto saved a data-center break
Georgia lawmakers vowed they were going to rein in tax breaks for businesses this year, but their efforts came to nothing
May 08
May 08
South Carolina Senate turns wide-ranging energy bill into resolution supporting more power
A bill passed by the South Carolina House that power companies said is vital to keep the lights on in the state has been turned into an expression of support in the Senate
May 08
May 08
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery rose 61 cents to $78.99 per barrel Wednesday
May 08
May 08
Steward Health Care says it is selling the 30+ hospitals it operates nationwide
Steward Health Care says it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection
May 08
May 08
With inflation soaring, Argentina will start printing 10,000 peso notes
Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note by five — to 10,000 pesos, worth about $10
May 08
May 08
The $230 billion donor-advised fund industry gets an IRS hearing
Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes
May 08
May 08
Kenya's public hospital doctors sign agreement to end national strike after almost 2 months
Kenya's public hospital doctors union has called off a national strike that had left patients in limbo for almost two months
May 08
May 08
Shopify's shares tumble on weak outlook after a very strong start to 2024
Shopify’s stock is poised to potentially tumble to an all-time low on Wednesday as the Canadian company gave a disappointing second-quarter forecast that includes easing revenue growth and thinner margins
May 08
May 08
Bank of England expected to wait for more evidence that inflation is under control before rate cut
The Bank of England is expected to maintain interest rates at a 16-year high of 5.25% Thursday, but a cut wouldn’t be a huge surprise as inflation falls from multi-decade highs
May 08
May 08
Slow to expand, internet casino gambling is the future of US betting, industry execs say
Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos
May 08
May 08
Uber, Shopify fall; Lyft, Arista Networks rise, Wednesday, 5/8/2024
Stocks that traded heavily or had substantial price changes on Wednesday: Uber, Shopify fall; Lyft, Arista Networks rise
May 08
May 08
What to know about the new AI data center in Wisconsin
The $3 billion investment by Microsoft is expected to add 2,000 permanent jobs.
May 08
May 08
Prada focuses generational transition on artisans, expanding production and workforce in Italy
The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at its knitwear factory in Umbria, leaning into “Made in Italy” as integral to the brand’s ethos
May 08
May 08
In the NIL landscape, schools are turning to companies to train and manage in-house general managers
Athletic departments across the country are trying to figure out the best way to manage the name, image and likeness landscape when it comes to athletes earning endorsement money
May 08
May 08
Biden to tout new AI data center in Wisconsin
The president will announce Microsoft’s plan to build a $3.3 billion data center, which is expected to be ready for 2026.
May 08
May 08
EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets
European Union nations have reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming from the profits raised from frozen Russian central bank assets held in the bloc
May 08