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Starbucks is struggling. Here's why that matters.
The company's shares have plummeted about 17% in value since last week.
May 06, 2024Home Depot's sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales
Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer not only was constrained by high mortgage rates and customers dealing with inflation concerns, but it also had to deal with a delayed start to...
May 14, 2024Rise of the superfake: Hermès Birkins, Louis Vuitton brands being copied flawlessly
Counterfeit purses have been flooding the market for several decades.
April 29, 2024
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37 minutes ago
Mexican citizens were traveling to work at a Florida farm when a pickup hit their bus, killing 8
Officials say Mexican citizens were among those going to work at a Florida watermelon farm when the bus they were traveling in was hit and crashed, killing eight people
37 minutes ago
42 minutes ago
YouTube blocks Hong Kong protest anthem after court injunction bans song in the city
YouTube has blocked access to videos of a protest song in Hong Kong to comply with a removal order, days after a court approved an injunction to ban the song in the city
42 minutes ago
4 hours ago
Walmart lays off hundreds of employees and requires others to relocate
Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant's campus offices and said it will be requiring most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to office hubs in Bentonvill...
4 hours ago
May 14
OpenAI co-founder Ilya Sutskever announces departure from ChatGPT maker
One of the original creators of the artificial intelligence technology behind ChatGPT says he is leaving the company after a nearly decade
May 14
May 14
Justice Department says Boeing violated deal that avoided prosecution after 737 Max crashes
The Justice Department has determined that Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft
May 14
May 14
Justice Dept. tells judge that Boeing has violated agreement that shielded it from prosecution after 737 Max crashes
Justice Dept. tells judge that Boeing has violated agreement that shielded it from prosecution after 737 Max crashes
May 14
May 14
Former NFL coach Jon Gruden loses Nevada high court ruling in NFL emails lawsuit
Former NFL coach Jon Gruden has lost a Nevada Supreme Court ruling in a contract interference and conspiracy lawsuit he filed against the league after he resigned from the Las Vegas Raiders in 2021
May 14
May 14
Latest US inflation report may provide clues to future path of prices and interest rates
It’s perhaps the biggest question swirling around the U.S. economy right now: Is inflation stuck at an elevated level — or will last year’s steady decline resume sometime soon
May 14
May 14
New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices
New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers
May 14
May 14
How major US stock indexes fared Tuesday, 5/14/2024
Stocks ended higher on Wall Street, sending the Nasdaq composite to another record
May 14
May 14
Vermont Legislature passes one of the strongest data privacy measures in the country
The Vermont legislature has passed one of the strongest data privacy measures in the country, aimed at cracking down on companies’ use of online personal data
May 14
May 14
How Cannes works, from the standing ovations to the juries to the Palm Dog
The Cannes Film Festival is hallowed ground in cinema but understanding its unique landscape can be confounding
May 14
May 14
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell $1.10 to $78.02 per barrel Tuesday
May 14
May 14
Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home
Government data in Argentina says the country’s monthly inflation rate has eased sharply to a single-digit rate in April for the first time in half a year
May 14
May 14
TikTok content creators sue the US government over law that could ban the popular platform
Eight TikTok content creators have sued the U.S. over the new federal law that would could ban the social media platform nationwide
May 14
May 14
Seattle Times publisher Frank Blethen to step down after 4 decades in charge of family-owned paper
Seattle Times publisher and CEO Frank Blethen has announced he will step down at the end of next year, after four decades leading the newspaper his family has owned since 1896
May 14
May 14
GameStop stock soars 120%
The 'Roaring Kitty' meme stock rally continues for a second day.
May 14
May 14
Meme stocks are roaring again. This time may be different
GameStop and other meme stocks are roaring once again, surging to dizzying heights suddenly and sharply
May 14
May 14
US suggests possibility of penalties if production of Chinese electric vehicles moves to Mexico
The Biden administration is suggesting the possibility that new penalties could be put in place if the Chinese makers of electric vehicles try to move their production to Mexico to avoid newly announced import taxes
May 14
May 14
Alibaba's profit in Q4 tumbles due to equity investments, New York-listed stock plunges
Chinese e-commerce company Alibaba Group Holding on Tuesday posted a greater-than-expected decline in profit for the fourth quarter due to its equity investments, sending its stock price plunging in New York
May 14
May 14
Google unleashes AI in search, raising hopes for better results and fears about less web traffic
Google has rolled out a retooled search engine that will frequently favor responses crafted by artificial intelligence over website links
May 14
May 14
Feds urge people not to put decals on steering wheels after a driver is hurt by flying metal pieces
Federal auto safety regulators are warning people not to stick decals on their steering wheels because they can be hurled at drivers if the air bags inflate in a crash
May 14
May 14
Mercedes-Benz workers in Alabama are voting to join the UAW. Here's what's at stake.
Vote comes a month after the UAW unionized its first auto plant in the South.
May 14
May 14
Here are the locations that Red Lobster is closing in the US
Red Lobster says it is closing nearly 50 of its restaurants in the U.S. The locations span across more than 20 states — cutting back on Red Lobster’s presence in cities like Denver, San Antonio, Indianapolis and Sacramento
May 14
May 14
Red Lobster closes dozens of locations months after 'endless shrimp' losses
Dozens of Red Lobster locations across the U.S. are now on the chopping block
May 14
May 14
As Melinda French Gates leaves the Gates Foundation, many hope she’ll double down on gender equity
Melinda French Gates is already one of the biggest philanthropic supporters of gender equity in the United States
May 14
May 14
Meme stocks resurge as ‘Roaring Kitty’ returns to social media.
Shares of GameStop surged more than 70% for the second day in a row.
May 14
May 14
Sony Group, The Container Store rise; Alibaba, Smart Sand fall, Tuesday, 5/14/2024
Stocks that traded heavily or had substantial price changes on Tuesday: Sony Group, The Container Store rise; Alibaba, Smart Sand fall
May 14
May 14
Whistleblower questions delays and mistakes in way EPA used sensor plane after fiery Ohio derailment
The U.S. government has a specialized plane loaded with advanced sensors that the EPA brags is always ready to deploy within an hour of any kind of chemical disaster
May 14
May 14
Fed's Powell downplays potential for a rate hike despite higher price pressures
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again
May 14
May 14
Anti-abortion activist who led a clinic blockade is sentenced to nearly 5 years in prison
An anti-abortion activist who led others on an invasion and blockade of a reproductive health clinic in the nation’s capital has been sentenced to nearly five years in prison
May 14
May 14
Driver of pickup that collided with farmworker bus in Florida, killing 8, is arrested on DUI charges
The Florida Highway Patrol has arrested the driver of a pickup truck that crashed into a farmworker bus, killing eight, on charges of driving under the influence-manslaughter
May 14
May 14
Police: 8 dead, at least 40 injured when farmworkers' bus overturns in central Florida
Police: 8 dead, at least 40 injured when farmworkers' bus overturns in central Florida
May 14
May 14
Ten federal agencies receive 'A+' in annual scorecard measuring small business contracting goals
Federal grants can be a huge boost for small businesses
May 14
May 14
New Builders initiative looks to fight polarization by encouraging collaboration and alliances
A coalition that includes entrepreneur and philanthropist Daniel Lubetzky, actor Liev Schreiber, journalist Katie Couric, and director of the Muhammad Ali Center Lonnie Ali announced Tuesday that it would launch Builders, a nonprofit global initiative ...
May 14
May 14
Boeing orders tumble as troubled aircraft maker struggles to overcome its latest crisis
Boeing is losing more aircraft orders than it is taking in
May 14
May 14
Ohio police fatally shoot Amazon warehouse guard who tried to kill supervisor, authorities say
Authorities say a security guard trainee at an Amazon warehouse in Ohio was fatally shot by police after he tried to shoot his supervisor and later shot an officer who was saved by his bulletproof vest
May 14
May 14
Mining giant Anglo American to break up its sprawling business as it tries to fend off takeover
Mining giant Anglo American plc plans to break up its sprawling worldwide business — including the DeBeers diamond operation — as it seeks to fend off a takeover and focus on minerals that are expected to boom amid the global shift to green energy
May 14
May 14
There's bird flu in US dairy cows. Raw milk drinkers aren't deterred
Sales of raw milk appear to be on the rise, despite an outbreak of bird flu in U.S. dairy cows
May 14
May 14
Will AI replace doctors who read X-rays, or just make them better than ever?
As AI moves into medicine, perhaps no one has more to gain or lose than radiologists, the doctors who review medical scans for signs of cancer and other diseases
May 14
May 14
Who's laughing? LateNighter, a digital news site about late-night TV, hopes to buck media trends
The media industry is crumbling, and late-night comedy on television has less than half of the audience than it had a decade ago
May 14
May 14
Wholesale price increases accelerated in April as inflation remains sticky
U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in consumer prices to start the year
May 14
May 14
Hundreds of Syrian refugees head home as anti-refugee sentiment surges in Lebanon
More than 300 Syrians refugees are heading back home from northeastern Lebanon to an uncertain future in Syria as anti-refugee sentiment is surging in crisis-hit Lebanon
May 14
May 14
Europe's Stellantis and China's Leapmotor will sell electric cars in Europe from September
European carmaker Stellantis says it will begin selling electric vehicles from its Chinese partner Leapmotor in nine European countries later this year
May 14
May 14
New industry readies for launch as researchers hone offshore wind turbines that float
Researchers around the world are racing to create large wind turbines and floating platforms as upcoming lease auctions bring offshore wind closer to reality
May 14
May 14
Home Depot's sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales
Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer not only was constrained by high mortgage rates and customers dealing with inflation concerns, but it also had to deal with a delayed start to...
May 14
May 14
Waymo is latest company under investigation for autonomous or partially automated technology
The U.S. government’s highway safety agency has opened another investigation of automated driving systems, this time into crashes involving Waymo’s self-driving vehicles
May 14
May 14
Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum — and snipes at Trump
President Joe Biden says in defending his new tariffs on Chinese products that China's government subsidies ensure its companies don’t have to turn a profit, giving them an unfair advantage in global trade
May 14
May 14
Why electric vehicles are causing motion sickness in drivers, passengers
Strong regenerative braking can cause passengers to feel queasy.
May 14
May 14
Japan's Sony reports surge in profit on strong sales of movies, games and music
Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and movies
May 14