Bank of England reduces Interest Rates Since 2020
In a closely contested decision, the Bank of England has reduced interest rates for the first time in over four years, responding to slower...
Unilever’s Q2 Sales Growth Falls Short of Expectations
Unilever's second-quarter sales growth failed to meet forecasts as the consumer goods giant struggled to entice inflation-hit consumers with reduced prices.Facing a prolonged cost...
General Motors to Report Second-Quarter Earnings Ahead of Market Open
General Motors (GM) is set to announce its second-quarter earnings results before the market opens on Tuesday, with Wall Street anticipating a strong performance...
Ford to Invest $3 Billion to Expand Large Truck Production
Ford Motor Company has announced plans to expand its large Super Duty truck production at a Canadian plant previously designated for electric vehicle (EV)...
Tech Stocks Slump Continues as Nasdaq Dips Amid Market Turbulence
Tech stocks struggled to recover on Thursday following the Nasdaq's worst performance since 2022, despite promising earnings from chipmaker TSMC (TSM). The Nasdaq Composite (^IXIC)...
AT&T Paid Hacker $370,000 to Delete Stolen Phone Records
AT&T, one of the largest telecommunications companies in the US, revealed on Friday that it paid over $300,000 to a hacker to delete stolen...
Costco Hikes Membership Fees, Amazon Pulls Gift Cards in New York, and Copenhagen Offers Free Kayak Tours
In this Selection, we bring you updates on Costco’s membership fee increase, Amazon’s removal of gift cards from New York retail stores, and Copenhagen’s...
CenterPoint’s Bid for Federal Grid Improvement Funds Rejected Last Year
CenterPoint Energy's request for $100 million in federal funding to bolster its grid resilience against extreme weather events was denied in 2023, according to...
Delta Alters Uniform Policy Following Controversy Over Palestinian Flag Pins
Delta Air Lines has revised its uniform policy after a social media post featuring two flight attendants wearing Palestinian flag pins sparked widespread criticism....
AMD to Acquire Finnish AI Startup Silo AI for $665M in Bid to Challenge Nvidia’s Dominance
AMD has announced plans to acquire Finnish artificial intelligence startup Silo AI for $665 million, marking one of Europe's largest AI takeovers. This move...
