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Google updates $499 low-end Pixel phone, cuts tablet price

UPDATED: Tue., May 7, 2024

Alphabet Inc.’s Google rolled out a new version of its $499 lower-end Pixel smartphone, aiming to entice budget-minded shoppers with an updated screen and artificial intelligence features.

News > Business

Disney’s streaming business (sans ESPN+) turns a quarterly profit

UPDATED: Tue., May 7, 2024

Walt Disney Co. is making massive strides toward making its streaming business profitable, a milestone that comes none too soon as its traditional TV networks continue to decline.

News > Business

Presidential election pivotal in how labor board will referee unions

UPDATED: Tue., May 7, 2024

As the United Auto Workers continues its organizing drive in the South with an election next week at a Mercedes-Benz plant in Alabama, November’s presidential election looms as a potential turning point in the effort.

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FAA investigating whether Boeing falsified 787 inspection reports

UPDATED: Tue., May 7, 2024

The Federal Aviation Administration said Monday that it is investigating whether Boeing employees may have skipped key inspections of certain 787 Dreamliner aircraft and falsified reports to say the work was completed.

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Panera axes ‘charged’ drinks that have sparked lawsuits

UPDATED: Tue., May 7, 2024

Panera Bread Co. is discontinuing its Charged Sips, which have drawn lawsuits alleging the caffeinated drinks lead to health issues.

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Boeing supplier Spirit Aero expects 737 output to stay low

UPDATED: Tue., May 7, 2024

Spirit AeroSystems Holdings Inc. expects to keep production of Boeing Co. 737 Max aircraft bodies at 31 per month for the rest of the year as the two companies work to improve quality in their factories.

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SEC warns Robinhood that its crypto business faces lawsuit

UPDATED: Mon., May 6, 2024

The U.S. Securities and Exchange Commission warned Robinhood Markets Inc. that it faces an enforcement action over its crypto business — the latest sign that the regulator isn’t letting up on its years-long crackdown on digital assets.

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The U.S. is updating its Social Security estimates. Here’s what you need to know.

UPDATED: Mon., May 6, 2024

A government report due out later Monday will issue fresh estimates of the budget outlook for Social Security, which provides critical benefits for retirees, workers’ survivors and some people with disabilities. The report is expected to warn of automatic benefit cuts starting in the 2030s because the program is paying out more than it takes in, which will eventually exhaust its trust fund.

News > Business

Morgan Stanley strategists see inflation as key for path of stocks

UPDATED: Mon., May 6, 2024

“Mixed” messages from key US economic data and the accompanying swings in stock markets mean investors should load up on defensive sectors such as consumer staples, according to Morgan Stanley strategists.

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MLB ghost kitchens to whip up ballpark food for delivery and pickup, courtesy of IHOP

UPDATED: Mon., May 6, 2024

The concept is curious. Turn 347 International House of Pancakes locations nationwide into ghost kitchens that produce ballpark-themed fast food for delivery and pickup. Ballpark Bites outlets have sprung up seemingly overnight, 44 in California alone, second only to the 76 in Texas. Maybe that's how ghost kitchens roll.

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Tesla retreat from EV charging leaves growth of U.S. network in doubt

UPDATED: Fri., May 3, 2024

Tesla’s abrupt decision to lay off its electric-vehicle charging team and reduce its investments in public charging is a blow to the U.S. network, which has long relied on Elon Musk to build the bulk of the country’s fast chargers.

News > Business

Trump Media auditor charged by SEC with ‘massive fraud’

UPDATED: Fri., May 3, 2024

The auditor for former president Donald Trump’s media company was charged with “massive fraud” Friday by the Securities and Exchange Commission, which accused the firm of being a “sham audit mill” whose failures put investors at risk.

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Employers added 175,000 jobs in April, as labor market growth slows

UPDATED: Fri., May 3, 2024

Employers added 175,000 jobs in April, signaling slower but steady growth in the labor market, which continues to bolster the broader U.S. economy.

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Everything Apple plans to show at Tuesday’s ‘Let Loose’ iPad event

UPDATED: Fri., May 3, 2024

It’s been more than 18 months since Apple Inc. last updated its iPad line, marking the longest gap in new models since Steve Jobs first unveiled the product in 2010. The drought finally ends on May 7.

News > Business

Byron Allen’s Allen Media Group facing layoffs across all divisions of the company

UPDATED: Fri., May 3, 2024

Allen Media Group, the company owned by TV mogul Byron Allen, is set to undergo a significant round of layoffs that will affect all divisions of the business.

News > Business

Mortgage rate forecast for May 2024: No break for homebuyers

UPDATED: Thu., May 2, 2024

As homebuyers grapple with record prices this spring, mortgage rates have also crept up. On a 30-year fixed loan, the average rate was 7.39% as of May 1, according to Bankrate’s survey of large lenders, marking three straight months of 7% rates.

News > Business

Tractor makers CNH and AGCO trim outlooks on weak farmer demand

UPDATED: Thu., May 2, 2024

Tractor makers CNH Industrial NV and AGCO Corp. reduced their outlooks for 2024 on declining sales of farm machinery as growers continue to be squeezed by falling crop prices.

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Amazon bets big with CrowdStrike on cybersecurity products

UPDATED: Thu., May 2, 2024

Amazon.com Inc. is betting big on cybersecurity firm CrowdStrike Holdings Inc., replacing other defensive tools with the company’s safeguards.

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Biden opens door for tax credits so corn farmers can grow jet fuel

UPDATED: Thu., May 2, 2024

To cut greenhouse gas emissions from airplanes, the Biden administration issued guidelines this week that could shape U.S. farming for decades by offering corn growers tax credits to turn their crop into jet fuel.

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It’s the last Free Comic Book Day at the place where it was created

UPDATED: Thu., May 2, 2024

Joe Field needed something to write about. “I came up with the idea for Free Comic Book Day when I was a columnist for an industry trade magazine,” says Field, who is the owner of the Flying Colors Comics and Other Cool Stuff store in Concord, California. “I was scratching for ideas when my deadline was looming, looked out the front window of my shop to see a long line of people and none of ...

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Panera axes ‘charged’ drinks that have sparked lawsuits

Latest Stories

Google updates $499 low-end Pixel phone, cuts tablet price

Disney’s streaming business (sans ESPN+) turns a quarterly profit

Presidential election pivotal in how labor board will referee unions

FAA investigating whether Boeing falsified 787 inspection reports

Panera axes ‘charged’ drinks that have sparked lawsuits

Boeing supplier Spirit Aero expects 737 output to stay low

SEC warns Robinhood that its crypto business faces lawsuit

The U.S. is updating its Social Security estimates. Here’s what you need to know.

Morgan Stanley strategists see inflation as key for path of stocks

MLB ghost kitchens to whip up ballpark food for delivery and pickup, courtesy of IHOP

Tesla retreat from EV charging leaves growth of U.S. network in doubt

Trump Media auditor charged by SEC with ‘massive fraud’

Employers added 175,000 jobs in April, as labor market growth slows

Everything Apple plans to show at Tuesday’s ‘Let Loose’ iPad event

Byron Allen’s Allen Media Group facing layoffs across all divisions of the company

Mortgage rate forecast for May 2024: No break for homebuyers

Tractor makers CNH and AGCO trim outlooks on weak farmer demand

Amazon bets big with CrowdStrike on cybersecurity products

Biden opens door for tax credits so corn farmers can grow jet fuel

It’s the last Free Comic Book Day at the place where it was created