McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company also continues to…
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Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari…
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Business
Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant.
by adminIntel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 10% on Friday…
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The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new…
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Business
JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible
by adminJPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule…
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The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking…
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Peacock raising prices by $2 ahead of the Summer Olympics as streaming wars rage on
by adminNBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead of this summer’s…
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Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures…
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Southwest Airlines is considering changes to its single-class, open-seating cabins to drive up revenue, CEO Bob Jordan told CNBC on Thursday, a shift…
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Business
Patriots owner says ‘Jew hatred’ on U.S. college campuses parallels Germany in 1930s and ’40s
by adminNew England Patriots owner Robert Kraft said Thursday that the campus protests launched nationwide in response to Israel’s campaign in Gaza are…