Tech 5: Recession Fears Kick Panic Selling into Overdrive, Tech Selloff Ensues
The stock market experienced a turbulent week influenced by concerns over US economic data. Cryptocurrencies also experienced significant losses before...
‘People are stretched’: Average consumer now carries $6,329 in credit card debt
Credit card debt is on the rise. Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New...
Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor
Aerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon....
Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation
LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator....
Delta says chaos after CrowdStrike outage cost it $550 million
Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that...
Three Disney films could top $1 billion this year after box office rut
After years of starts and stops at the box office, Disney appears to have hit a groove in 2024. Its latest Pixar...
ISIS-inspired suspect planned suicide attack at Taylor Swift concert, Austrian authorities say
Police in Austria have questioned three teenagers suspected of plotting a suicide attack at a Taylor Swift show, sparking renewed...
Russia says it halted a Ukrainian incursion into its territory. Evidence suggests it hasn’t
Russia claims to have halted a Ukrainian incursion into its territory on Thursday, although latest evidence from the ground suggests...
July ends 13-month streak of global heat records as El Nino ebbs, but experts warn against relief
Earth’s string of 13 straight months with a new average heat record came to an end this past July as the natural El...
Kenyan youth call for ‘mother of all protests’ as president swears in new cabinet
Young protesters in Kenya returned to the capital’s streets for an eighth week of demonstrations on Thursday as President William...
