Democratic Senators Raise Concerns Over T-Mobile's $4.4B US Cellular Deal
The senators think the consolidation of T-Mobile and US Cellular would have "far-reaching effects," reducing choices for consumers and potentially leading to higher prices.
Hollywood Celebs Back To Supporting Democrats With Harris On Track For Nomination
Hollywood celebs once more express their support for the Democratic Party following President Joe Biden's withdrawal from the race.
Delta Cancels More Flights As Fallout From Global IT Outage Continues
The airline cancelled 700 flights Monday, which comprise 19% of its mainline operation.
Yellen To Address G20 Finance Leaders On US Policy Commitments After Biden's Withdrawal From Presidential Race
U.S. Treasury Secretary Janet Yellen's presence at the G20 summit in Brazil aims to address subjects on green energy incentives, efforts to tackle debt distress, support for Ukraine and the capacity of China's manufacturing sector.
Experts Say Trump In For Bigger Fight With Kamala Harris Slated To Replace Biden
Experts say that Donald Trump will be in a bigger fight in the event that Kamala Harris is nominated in August.
Tesla Car Registrations In California Fall For Third Consecutive Quarter
The low sales is another indicator of the growing issues that the company has been facing, such as stiff competition and high interest rates.
GE Aerospace To Invest Over $1 Billion In Aircraft Maintenance And Repair Facilities
The planned MRO investments of GE will add equipment and engine test cells, apart from providing the company with cutting-edge technology, and enhanced inspection techniques.
Ocean Shipping Season Starts Early As Retailers Fire Up 'Back-To-School' Sales
Peak shipping season has started early due to multiple retailers also launching their back-to-school sales.
Pressure Mounts On Biden As Poll Reveals 65% Democrats Want Him To Withdraw
The AP-NORC poll states that seven out of ten adults, which includes 65% of Democrats, clamor for the withdrawal of the president from the race.
Amazon Prime Day 2024 Sets New Record With $14.2 Billion In Sales
According to Adobe Analytics, this year, the customers seemed to be focused on buying electronic devices, like TVs and tablets, as well as apparels.
Biden Forgives More Student Loans To The Tune Of $1.2 Billion
President Joe Biden has forgiven more student loans, amounting to $1.2 billion.
Demand For Mortgage Refinance Hits Two-Month High As Rates Drop
The Mortgage Bankers Association compared the demand for refinancing between the previous week and last week, showing an increase of 15% in the latter.
TSMC Shares Dip After Trump Declares Taiwan Should Pay US For Defense
TSMC is now recognized as the largest and most advanced chipmaker in the world. It manufactures essential chips for Apple and Nvidia.
Amazon Advertising Portal Crashes Amid Prime Day Sale
The advertising portal of Amazon crashed during its July 16-17 Prime Day Sale, causing a disruption among sellers and advertisers.
Traders 100% Certain Of Fed Rate Cut By September
The odds that the rate will be lowered by a half percentage point are 6.7%, accounting for traders who believe the central bank will cut rates at both the July and September meetings.
Hacking Group Claims Breach Of Disney Slack Messages
A hacking group claims responsibility for leaked Slack messages of Disney.
Biden Targets Lowering Housing Costs, Capping Rent Increases
President Joe Biden unveiled plans that target lowering housing costs and capping rent increases.
Trump Media Stock Gains 30% Following Failed Assassination Attempt
Trump Media has gone through volatile trading throughout the election season. After Trump's conviction, stocks plummeted to almost 50%.
Donald Trump's Former Rival, Nikki Haley, Set To Speak At RNC
Former rival of Donald Trump, Nikki Haley, is scheduled to speak at the RNC after initially being left off the agenda.
Polish Watchdog Fines Paypal EU $27.3 Million For Ambiguous Contract Clause
PayPal EU was fined for $27.3 million by a Polish watchdog after it was discovered that its contract clauses were ambiguous.
Wholesale Prices Rose In June, Breaking Run Of Good News On Inflation
The increase in PPI in June was attributed to a sudden rise in final demand services, particularly in trade service margins, which soared 1.9% from May.
Intel CEO Optimistic On Company's $1 Billion Cumulative Software Revenue By 2027
In 2021, the year that its current CTO was brought in from VMware by CEO Pat Gelsinger to help steer the company's software strategy, Intel made more than $100 million in software revenue.
AT&T Data Breach Exposes Millions Of Users' Call, Text Records
AT&T revealed a massive 2022 data breach, which resulted in the exposure of millions of cellular calls and text message logs.
PepsiCo Feels Dire Effects Of Weak Demand For Sodas; Misses Expected Revenue For 2nd Quarter
PepsiCo missed the expected revenue for the second quarter due to slow demand for snacks and sodas.
IRS Collects Over $1 Billion From Millionaires In Back Taxes In Less Than One Year
The IRS achieved a milestone in collecting more than $1 billion from wealthy American taxpayers in less than a year since passing legislation to add more agents.
Costco To Increase Membership Fees In First Hike In 7 Years
Costco moves to raise its annual membership fees.by $5 to $10.
Walmart To Introduce Five Automated Grocery Distribution Centers
Walmart is modernizing its supply chain to keep up with customers who opt for either home delivery or curbside pickup.
BMW To Recall More Than 390,000 Cars In US Due To Faulty Airbag Inflators
BMW is recalling hundreds of thousands of vehicles because of faulty airbag inflators.
Microsoft Drops Board Observer Seat At OpenAI; Deems The Move Unnecessary
Microsoft has dropped its board observer seat at OpenAI following tight regulatory scrutiny.
US Small Business Confidence Increased To A Six-Month High
The National Federation of Independent Business (NFIB) stated on Tuesday that the Small Business Optimism Index climbed by one point, reaching 91.5 last month.