Industry

Delta Air Lines Strikes Deal With Riyadh Air to Operate Flights Between US and Saudi Arabia

US Regulators Launch Probe Into Delta Air Lines as It Struggles To Restore Operations Following Global Tech Outage

The investigation comes after the DOT received hundreds of complaints over Delta's "unacceptable customer service conditions."


Spotify's Q2 Profit Surpasses Expectations After Layoffs, Price Hikes

After laying off employees and implementing price hikes, Spotify reported meeting a more-than-expected financial outlook in Q2 2024, with its stock up over 10% and a total revenue of $4.14 billion.

Here’s How a Kamala Harris Administration Could Affect Your Personal Finance

Biden and other Democrats have endorsed Harris as the party's potential presidential nominee for the 2024 election.

Microsoft Just Laid off an Entire DEI Team Due To ‘Changing Business Needs' - Report

It was not immediately clear how many employees were affected by Microsoft's recent layoffs. Tech giant Microsoft has quietly laid off an entire internal team focused on diversity, equity, and inclusion (DEI)---making the company the latest corporation to ditch diversity-based initiatives.


Latest News

The $5 value meal includes a McChicken or McDouble, chicken nuggets, fries, and a small drink. Fast food chain McDonald's has announced it will extend its popular $5 value meal promo for another month as part of a push to attract more consumers back to its stores.
Big European Banks to Report Q2 Earnings This Week
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European Central Bank that it would not change its interest rates.
AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years
In addition to funding, selected AI entrepreneurs will also be given access to a network of investors as well as advanced AI research and tools.
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More than half of workers surveyed cited low pay as the top reason why they were likely to quit their jobs this year.
Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
Microsoft Outage Affects Businesses and Users Across The Globe
The global tech outage affected about 8.5 million Windows-based computers and laptops worldwide. A global tech outage following a faulty update from Crowdstrike caused business operations around the world to stop on Friday, leading to an estimated $1 billion in damages.
Microsoft Faces Backlash Over iPhone-Only Policy That Bans China Staff from Using Android Phones
More than 2,000 flights in the US were canceled by Sunday evening following the tech outage. Hundreds to thousands of businesses worldwide are still struggling following a faulty software update that caused global tech outages on Friday.
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The company also said it will no longer participate in or support "external social or cultural awareness parades, festivals, or events.”
chatgpt
The new mini-model is an offshoot of GPT-4o, the company's fastest and most powerful AI model to date. Learn the features of this new model here.
Virgin Galactic, AST SpaceMobile, Rocket Lab Stocks Skyrocket — Here's Why
The S&P 500 slid 0.78% on Thursday while the Dow fell 1.29%. Read more about it here. The US stock market saw a significant slump Thursday amid speculations the Federal Reserve could cut its benchmark rates in September.
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