Members of Swiss association Senior Women for Climate Protection react after the announcement of decisions after a hearing of the European Court of Human Rights (ECHR) to decide in three separate cases if states are doing enough in the face of global warming in rulings that could force them to do more, in Strasbourg, eastern
US News
A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. S. Engleman | Via Reuters Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with Autopilot
The sun rises behind the Empire State Building on the day of the solar eclipse in New York City on April 8, 2024, as seen from Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty Images Today marks a total solar eclipse that is expected to cross the United States as millions of
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and furlough about 260 pilots as it tries to boost liquidity. “This amendment to our
Minneapolis Federal Reserve President Neel Kashkari. John Lamparski | Getty Images Entertainment | Getty Images Goldman Sachs Chief Economist Jan Hatzius on Friday said that he still expects the Federal Reserve to implement three interest rate cuts this year, adding that he would be “very surprised” if the U.S. central bank ultimately decided no trims
A Southwest Airlines Boeing 737 MAX 8 arrives at Daniel K. Inouye International Airport on January 20, 2024 in Honolulu, Hawaii. Kevin Carter | Getty Images A Southwest Airlines flight returned to Denver International Airport Sunday morning after a Boeing engine cowling fell off the plane and struck a wing flap during takeoff, the Federal
Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market. Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for a rise of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau
Skydance Media’s offer to acquire National Amusements and merge its studio with Paramount Pictures isn’t a conventional takeover. The question for Paramount Global shareholders might be: Is it better than no deal at all? Skydance has made a unique pitch to Paramount Global’s special committee, in charge of accepting or rejecting transactions, and its investors,
The mammoth integration of failed bank Credit Suisse into its former rival UBS will act as a “case study,” UBS CEO Sergio Ermotti said Friday, one that will show that big bank mergers should be allowed. “It’s going to be a case study to be evaluated globally, but also particularly in Europe, where eventually the
Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla will reveal its robotaxi product on Aug. 8, CEO Elon Musk said
Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, and
Americans are suffering through a trauma of stolen expectations. The result is what you might call The Great Unhappiness. First off, are things bad in America right now? Is the economy tanking? Not at all. America is booming. Our economy is growing at 3.2% per year, the highest post-Covid growth rate of any of the G-7
US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images Federal Reserve Governor Michelle Bowman said Friday that it’s possible interest rates may have to move higher to control inflation, rather than the cuts her
Mohamed Aly El-Erian, chief economic advisor for Allianz SE. Bloomberg | Getty Images The U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief economic adviser at Allianz, said Friday. The economist told CNBC that a longer-term, more strategic outlook could see policymakers settle on a
Tim Cook, CEO of Apple, during an event at Apple Park campus in Cupertino, California, Sept. 12, 2023. David Paul Morris | Bloomberg | Getty Images Apple is laying off 614 workers in California, according to a new state filing, the company’s first significant round of job cuts since the pandemic. The affected Apple employees
A render of Amazon’s 43-story office tower in Bellevue. Construction is expected to be complete by 2024. Amazon Amazon is resuming construction on a 42-story office tower in the Seattle suburb of Bellevue, the company said Thursday, after 22 floors of the building sat unfinished since 2022. The company in 2022 paused work on five
Pots of Activia yoghurt, manufactured by Danone SA, sit on display. Bloomberg | Getty Images The CEO of French consumer goods giant Danone downplayed the threat of obesity drugs on its food business, arguing that consumers were likely to turn to healthy products as part of their new weight loss regime. Antoine de Saint-Affrique said
The Apple Music application for download in the Apple App store. Gabby Jones | Bloomberg | Getty Images Apple on Wednesday said it had fixed an outage for its App Store on iOS and MacOS devices. The iPhone maker picked up 19% of revenue from its Services category, including some from the App Store, according
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