Norfolk Southern says cost of fiery Ohio derailment doubles to $803 million as cleanup continues
The costs associated with Norfolk Southern's fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess and moves forward with all the related lawsuits
2023-07-27 21:57
Stock market today: Wall Street rallies as economy keeps growing and profits keep rising
Stocks are rallying on Wall Street following fatter-than-expected profit reports from big companies and the latest signals that the economy continues to defy predictions for a recession
2023-07-27 21:54
Weekly US applications for jobless benefits slide to lowest level in 5 months
The number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the U.S. labor market continues to defy the Federal Reserve’s attempts to cool it off
2023-07-27 20:51
Rescuers in Indonesia try to reach 8 workers trapped in an illegal mining hole
Indonesian rescuers are trying to save eight miners who have been trapped at an illegal mining area in Indonesia’s main island of Java, The joint search and rescue team is racing against time Thursday as they suck water out from the hole using six water pump machines
2023-07-27 20:47
US economy grew at a faster 2.4% rate in April-June quarter despite Fed rate hikes
The U.S. economy accelerated unexpectedly to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight against inflation
2023-07-27 20:46
McDonald's posts surprisingly strong sales after "happy birthday" Grimace campaign goes viral
McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales
2023-07-27 19:26
Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:16
Bronny James is recovering from cardiac arrest while playing basketball. Here's what could happen next
Amid an outpouring of support from fans, friends and fellow athletes, experts say Bronny James and his doctors can now focus on his specific road to recovery after the older son of NBA star LeBron James suffered cardiac arrest during basketball practice Monday at the University of Southern California.
2023-07-27 18:50
EU opens antitrust investigation against Microsoft over Office and videoconferencing Teams bundling
The European Union is opeing a formal antitrust investigation targeting Microsoft into the software company’s Teams messaging and videoconferencing app over concerns that its bundling with its Office productivity sofware suite gives it an unfair edge over competitors
2023-07-27 18:29
Shell earnings top $5 billion. But that's nearly half what it pulled in months ago
Shell has reported that it earned nearly $5.1 billion in the second quarter
2023-07-27 18:29
Volkswagen takes steps to boost its China business as first-half earnings fall by 20%
Volkswagen has seen after-tax earnings fall by 20% in the first half of the year from the same period last year
2023-07-27 17:48
Europe's central bank is set to pile on another rate increase. Is it the last in a record series?
The European Central Bank is set to raise interest rates again Thursday
2023-07-27 16:25