Business

China Injects $54 Billion Into State Banks and Insurers to Steady Growth

China will inject $54 billion into state banks and insurers, announced September 6, to steady growth and lift equity investment as the economy cools.

Hawaii Declares Emergency as Hurricane Lowell Nears Kauai and Niihau

Hawaii declared a state of emergency on Sunday as Category 3 Hurricane Lowell neared Kauai and Niihau, prompting a tropical storm warning and flooding fear

Fireworks Blast at Mexico Church Festival Kills 10, Injures 64

A fireworks explosion at a patron saint festival in Temascalcingo, central Mexico, killed at least 10 people and injured 64 on Saturday night.

NFL Extends Roger Goodell Through 2030 in Performance-Heavy Contract Deal

NFL commissioner Roger Goodell agreed to a four-year contract extension running through the 2030 season, with over 95% of pay tied to performance.

US Energy Secretary Wright Warns No Iran Nuclear Deal May Emerge

US Energy Secretary Chris Wright said on Sunday there may not be a nuclear agreement with Iran, as talks stall and military action continues.

Charter Communications Unveils “Life Unlimited” Initiative to Improve Customer Experience

Charter Communications, the parent company of Spectrum, is rolling out a series of new initiatives aimed at improving customer satisfaction and enhancing its service...

Flutter Entertainment Acquires Snaitech in $2.6 Billion Deal to Expand in Italy

Flutter Entertainment, the parent company of FanDuel, is set to acquire the Italian gambling company Snaitech from Playtech for $2.6 billion (2.3 billion euros),...

SpaceX Secures Major In-Flight Wi-Fi Deal with United Airlines, Expanding Starlink’s Reach

SpaceX's Starlink in-flight Wi-Fi service took a significant leap forward last week by securing a major deal with United Airlines. With this new partnership,...

Airlines See Higher Revenues as Travelers Face Increasing Airfares

Airlines are reporting better-than-expected unit revenues as the summer travel season comes to a close, indicating that travelers will likely face higher airfares in...

McDonald’s Extends $5 Value Meal to Win Back Budget-Conscious Consumers

McDonald’s is extending its popular $5 value meal into December in most U.S. markets in an effort to recapture lower-income consumers. Franchisees across the...

American Airlines Flight Attendants Approve New Contract with 20.5% Pay Raises

American Airlines flight attendants have approved a five-year labor contract, bringing an end to prolonged negotiations and securing substantial pay increases. The agreement, approved...

Jeep Targets 1 Million U.S. Sales by 2027 Amid Turnaround Efforts

Jeep, a prominent name in the SUV market, is targeting a significant recovery with a goal of reaching 1 million U.S. vehicle sales by...

United Airlines to Offer Free Inflight Wi-Fi with SpaceX’s Starlink

United Airlines announced it will offer free inflight Wi-Fi powered by SpaceX’s Starlink on its fleet of over 1,000 planes, marking the largest partnership...

Boeing Workers Strike After Rejecting Labor Contract, Halting Airplane Production

Boeing factory workers initiated a strike after midnight on Friday, halting production of the company's bestselling airplanes. The strike came after 94.6% of workers...

SAFE Bet Act Introduced to Regulate U.S. Sports Gambling Amid Concerns

In response to the rapid expansion of sports gambling across the United States, lawmakers Rep. Paul Tonko (D-N.Y.) and Sen. Richard Blumenthal (D-Conn.) have...

Alzheimer’s Patients Hope for More Time as Leqembi Offers New Treatment Option

Leqembi, a new Alzheimer’s treatment developed by Biogen and Eisai, is offering hope to patients in the early stages of the disease by slowing...

Nelson Peltz Steps Down as Wendy’s Chairman After 17 Years

Nelson Peltz has stepped down as chairman of Wendy’s, ending a 17-year tenure at the fast-food chain. The company announced that Peltz’s departure is...

Big Lots Files for Bankruptcy Amid High Interest Rates and Sluggish Housing Market

Discount home goods retailer Big Lots has filed for Chapter 11 bankruptcy protection, citing the impact of high interest rates and a sluggish housing...

Goldman Sachs to Take $400M Hit as It Unwinds Consumer Business

Goldman Sachs is set to report a pretax loss of approximately $400 million in its third-quarter earnings as the bank continues to exit its...

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