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News Articles: Business

A Delta Air Lines jet takes off at the Los Angeles International Airport in April. Ed Bastian, the airline's CEO, says the CrowdStrike outage has cost the carrier $500 million.

Tagged as: 

  • Business

Delta's CEO says the CrowdStrike outage cost the airline $500 million in 5 days

The airline's CEO, Ed Bastian, says the massive tech outage that stranded countless passengers cost the airline a half-billion dollars. The carrier is now preparing litigation against CrowdStrike, he said.

July 31, 2024
|
By:
  • Jason Breslow
Boeing 737 MAX airplanes sit on the assembly line at the company's facility in Renton, Wash.

Tagged as: 

  • National

Boeing names aerospace veteran Kelly Ortberg as its next CEO

The struggling planemaker says Ortberg will take over next week as Dave Calhoun departs. The news came as Boeing reported disappointing second-quarter earnings, with losses of more than $1.4 billion.

July 31, 2024
|
By:
  • Joel Rose
 The island of Matlacha in Florida was devastated by Hurricane Ian in 2022. Many residents who rented homes were displaced, and are still suffering financially years later.

Tagged as: 

  • Climate

Do you rent? You may be more vulnerable to climate-driven disasters

The financial cards are stacked against many renters who survive hurricanes, floods, wildfires and other major weather disasters. The long-term effects can be devastating.

July 31, 2024
|
By:
  • Rebecca Hersher
Former NFL player Terrell Davis said United Airlines banned him from future flights following an incident onboard earlier this month. Here, Davis delivers his speech during induction ceremonies at the Pro Football Hall of Fame on Saturday, Aug. 5, 2017, in Canton, Ohio.

Tagged as: 

  • National

Ex-NFL star Terrell Davis and United offer differing accounts of his ban from airline

The Hall of Famer says he's been banned from future United Airlines flights after an incident earlier this month. But the airline says the ban was lifted almost immediately.

July 30, 2024
|
By:
  • Alana Wise
Will Lewis, pictured here in the <em>Washington Post</em> newsroom, was a top executive for Rupert Murdoch's British tabloids 13 years ago.

Tagged as: 

  • Media

Washington Post CEO accused in court of deceiving police about U.K. hacking scandal

Washington Post CEO Will Lewis was accused in a London courtroom Monday of deceiving police who were investigating Rupert Murdoch's British tabloids when they were embroiled in a major scandal.

July 30, 2024
|
By:
  • David Folkenflik
The Paris Olympics are bringing a ratings boost to NBC, the network says. Here, Team USA fans show their support during a men's preliminary volleyball match in Paris.

Tagged as: 

  • Sports

Paris Olympics TV ratings are up 79% over Tokyo Games, NBC says

Some of the ratings growth could be explained by a more U.S.-friendly time zone difference. Then there's the joy: Athletes aren't required to wear masks, and fans are allowed in the stands.

July 30, 2024
|
By:
  • Bill Chappell
In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter on April 17, 2023, in Los Angeles. Ozempic was originally approved by the Food and Drug Administration to treat people with Type 2 diabetes, and it's now also used by many people to lose weight.

Tagged as: 

  • Economy

Ozempic's biggest side effect: Turning Denmark into a 'pharmastate'?

Novo Nordisk is powering Denmark's economy with huge sales of Ozempic. But could its stratospheric growth pose a risk?

July 30, 2024
|
By:
  • Sofia Shchukina
Thomas Guzowski, 40, greets his senior dogs as they climb onto the bed on July 18, in Redlands, California.

Tagged as: 

  • Business

Inflation is pinching Americans — but they are still splurging on their pets

Americans are being forced to cut corners as they deal with lingering inflation — just not when it comes to providing for their furry companions.

July 30, 2024
|
By:
  • Lola Murti
A Florida court has blocked a developer from demolishing and replacing Miami's Biscayne 21 condominium.

Tagged as: 

  • News

A court decision worries developers eyeing Florida's aging condos

Three years after the collapse of a condo building in Florida, developers say a court decision may stop them from demolishing and replacing older residential buildings.

July 29, 2024
|
By:
  • Greg Allen
An Apple store employee stands inside the store in New York on Feb. 5, 2021.

Tagged as: 

  • National

Apple reaches tentative contract agreement with unionized store employees in Maryland

The Apple store in the Baltimore suburb of Towson was the first in the U.S. to unionize. The contract agreement must be approved by roughly 85 employees there. A vote is scheduled for Aug. 6.

July 28, 2024
|
By:
  • The Associated Press
SAG-AFTRA members picket outside Paramount Studios in 2023. Members of the union were on strike between July and November during negotiations with Hollywood film and television studios. Now, the focus is on video games.

Tagged as: 

  • Arts & Life

Video game performers call strike against gaming companies

The union SAG-AFTRA is pushing for additional A.I. protections for its members.

July 27, 2024
|
By:
  • Clare Lombardo
Jeeps are delivered to a dealership in Chicago on June 20. Stellantis, the parent company of Jeep, reported disappointing earnings for the first half of 2024.

Tagged as: 

  • Business

U.S. automakers had a punishing week — with a silver lining for shoppers

The four major U.S. automakers — GM, Ford, Stellantis and Tesla — all reported earnings this week and saw their stocks decline. The auto industry is at a "Darwinian" inflection point, says one CEO.

July 26, 2024
|
By:
  • Camila Domonoske
GPB  NPR

Tagged as: 

  • Business

Does Pantone have a monopoly on colors? Is that bad?

The Pantone company built a business by standardizing the way designers and companies communicate about color. But one artist is challenging their color monopoly.

July 25, 2024
|
By:
  • Sam Yellowhorse Kesler
The bundle gives access to Disney+, Hulu and Max, and is offered in ad-free and ad-supported versions.

Tagged as: 

  • Business

The streaming wars bring a new discounted bundle: Disney+, Hulu and Max

The bundle allows new and existing subscribers to save up to 38% compared to the cost of subscribing to each service individually. It's the latest in a flurry of video streaming deals.

July 25, 2024
|
By:
  • Lola Murti
A customer pays for their food at a Chipotle Mexican Grill restaurant in Austin, Texas. Chipotle says its portion sizes have not shrunk, despite complaints shared on social media.

Tagged as: 

  • Business

Chipotle is 're-emphasizing generous portions' after social-media complaints

Chipotle's CEO tells investors that the chain had not shrunk its portions despite accusations on Tiktok and Reddit. Brian Niccol has tried to bat down those complaints for weeks.

July 25, 2024
|
By:
  • Alina Selyukh
  • Load More

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