Sweetgreen shares tumble after salad chain reports weak sales but narrowing losses
Sweetgreen, which went public in November 2021, is aiming to turn a profit for the first time by 2024.
Airlines say domestic fares are sliding and threatening to chill record revenue growth
Southwest Airlines, Alaska Airlines and American Airlines have forecast weaker fare growth.
SpaceX came close to breaking a 56-year rocket record with back-to-back launches
SpaceX was set to launch a Falcon 9 rocket and then a Falcon Heavy rocket from Florida as little as 45 minutes apart on Thursday evening.
Ford raises full-year guidance after solid earnings beat
There was pressure on Ford to raise its guidance after crosstown rival General Motors raised its yearly guidance Tuesday for the second time this year.
Microsoft responsible for China’s U.S. government email hack, Senator Wyden says
Chinese hackers accessed the Microsoft-powered email accounts of top China envoys, Commerce Secretary Gina Raimondo, and Secretary of State Antony Blinken.
Eli Lilly says obesity drug helped boost weight loss to 26%, highest seen in late-stage trials
The data bolsters Eli Lilly’s position in the budding weight loss drug market and establishes the company as a formidable competitor to Novo Nordisk.
Trump grand jury leaves for day with no indictment in sight
Special counsel Jack Smith is criminally investigating Donald Trump for efforts to undo his loss in the 2020 election to President Joe Biden.
July is set to be the hottest month on record
July is shaping up to be the hottest month on record according to data from the EU’s Copernicus climate change service and the WMO.
McDonald’s is creating a spinoff restaurant brand called CosMc’s
McDonald’s will test CosMc’s in a handful of sites in “a limited geography” in early 2024.
GDP grew at a 2.4% pace in the second quarter, topping expectations despite recession calls
Gross domestic product was expected to increase at a 2% annualized pace in the second quarter.
