Business News

Federal Judge Temporarily Blocks FTC Rule Banning Noncompete Agreements

In a significant legal development, a federal judge in Texas has temporarily halted a new Federal Trade Commission (FTC) rule that would ban noncompete...

Independence Day Closures and Openings: What to Know for July 4

As we celebrate Independence Day on Thursday, July 4, here's a rundown of what's open and closed to help you plan your day.Banks and...

Tesla Sales Drop for Second Consecutive Quarter Despite Price Cuts, Surpassing Analyst Expectations

 Tesla's global sales fell for the second consecutive quarter despite price cuts and low-interest financing offers, indicating weakening demand for the company's products and...

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...

Indian Social Media Platform Koo Shuts Down, Leaving Millions Stranded

Millions of social media users in India are left without a platform after Koo, a homegrown microblogging site touted as an alternative to X...

Asia Stocks Steady, Euro Rises After First Round Vote in France

 Uncertainty over U.S. interest rates kept Asian shares steady on Monday, while the euro rose following the first-round voting in France's unexpected snap election,...

Record-Breaking Air Travel Demand Fails to Boost Airline Profits

 Record summer air travel demand hasn’t translated to record U.S. airline profits, a disconnect airlines must address when they report quarterly results this month.Despite...

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