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Categories Business

U.S. economy grew at a 2.8% pace in the second quarter, much faster than expected

Author July 25, 2024

Economic activity in the U.S. was considerably stronger than expected during the second quarter, according to an initial estimate Thursday from the

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Categories Business

Chipotle has been on a hot streak with customers

Author July 25, 2024

Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking

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Categories Business

Stock market has worst day since 2022 as Tesla, Google parent Alphabet sink

Author July 25, 2024

U.S. stocks had their worst day since 2022 on Wednesday amid a broad pullback in tech companies as Wall Street traders sought

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Categories Business

CrowdStrike losses may be biggest test yet of cybersecurity insurance risk warning from Warren Buffett

Author July 25, 2024

At Berkshire Hathaway’s annual investor meeting earlier this year, Warren Buffett and his top insurance executive Ajit Jain issued a headline-grabbing warning that Berkshire

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Categories Business

Why an indicator that has foretold almost every recession doesn’t seem to be working anymore

Author July 25, 2024

Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step

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Categories Business

Renewable energy demand could triple as electricity consumption surges

Author July 25, 2024

Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of artificial intelligence, NextEra

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Categories Business

Southwest Airlines faces FAA audit over string of near-miss incidents

Author July 24, 2024

The Federal Aviation Administration said Tuesday it was placing Southwest Airlines under a heightened safety review after a string of recent near-miss

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Categories Business

Delta Airlines cancellations and delays continue but worst of IT outage impact is over, CEO says

Author July 24, 2024

Dozens of Delta Air Lines flights were canceled and more than 200 delayed Wednesday as the Atlanta-based carrier continued to recover from

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Categories Business

Disneyland workers reach tentative deal with company, averting strike

Author July 24, 2024

Disneyland employees have reached a tentative deal on a new contract with the company, according to a coalition of unions, averting what

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Categories Business

Retailers shift their thinking on delivery as consumer need for speed raises costs

Author July 24, 2024

Consumer need for speed in package delivery, which has reached its apex with same-day shipping, has placed retailers in a tough spot

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