U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
U.S. carriers are dialing back their capacity growth plans for the second half of the year.
Family offices are giving top staff equity and profit shares in battle for talent
Family offices are surging in size and number, and competing more directly with private equity firms and venture funds for top staff.
Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings
Though they’re not based in the U.S., Temu and Shein have captured the attention of Wall Street because of their potential impact on U.S. tech companies.
McDonald’s earnings, revenue miss estimates as consumer pullback worsens
McDonald’s stock has fallen 15% year to date, dragging its market value down to $181.2 billion.
Elon Musk retweets altered Kamala Harris campaign ad
In the video, Harris is seemingly exposing herself as an incompetent candidate for president. The origin of the video is not known at this time.
Fast-food chains battle for low-income diners with summer value meals
McDonald’s, Burger King and Taco Bell are among the fast-food chains with $5 value meals this summer.
Apple and Microsoft are among the ‘Magnificent Seven’ stocks set to report next week. Here’s what that means
Wall Street could be in for a volatile bout of trading next week if this one was anything to go by.
FAA approves SpaceX to resume Falcon 9 rocket launches after two-week hiatus
The FAA approved SpaceX to resume flights of its mainstay Falcon 9 rocket after being grounded about two weeks ago following a rare inflight failure.
Dexcom shares plunge more than 40% for worst day on record
Dexcom, which had its stock market debut in 2005, had its worst day ever after lowering its full-year guidance.
Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Warner Bros. Discovery has sued the NBA in an effort to keep distributing the league’s games, after it chose NBCUniversal and Amazon as new media partners.
