More red ink: Congressional budget agency projects bigger deficits as debt talks continue
The Congressional Budget Office says this year’s projected federal budget deficit has jumped by $130 billion
1970-01-01 08:00
China orders recall of 1.1M Teslas to fix accelerator pedal problem that raises crash risk
Chinese safety regulators have ordered Tesla to recall 1.1 million vehicles because drivers might step on the accelerator for too long, increasing the risk of a crash
1970-01-01 08:00
Race teams ask NASCAR for ‘meaningful’ talks as their business model dispute skids toward summer
The fight between NASCAR and its teams over a new revenue model led the owners of 16 organizations to send a letter to NASCAR’s board of directors asking for “meaningful dialog” regarding the franchise model system
1970-01-01 08:00
Netflix plans to cut spending by $300 million this year - WSJ
Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on
1970-01-01 08:00
Air Canada Beats Revenue Forecasts, Plans 23% Capacity Boost
Air Canada broke even in the first quarter, taking advantage of pent-up demand for travel and lower fuel
1970-01-01 08:00
European Gas Tumbles in Longest Run of Weekly Losses Since 2020
European natural gas dropped on Friday in its longest run of weekly declines in more than three years,
1970-01-01 08:00
Lawsuit Targeting Shell Board Over Climate Failures Thrown Out
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks.
1970-01-01 08:00
US consumer sentiment drops to six-month low in May
WASHINGTON U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal
1970-01-01 08:00
McDonald's found liable for hot Chicken McNugget that burned girl
A jury in Florida says McDonald’s and a franchise holder are fault after a hot Chicken McNugget from a Happy Meal fell on a little girl’s leg and caused second-degree burns
1970-01-01 08:00
BOE Chief Economist Says UK Inflation at ‘Turning Point’
Bank of England Chief Economist Huw Pill gave the clearest indication yet that officials think they might be
1970-01-01 08:00
US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
1970-01-01 08:00
Turkey Official Nixes Idea Iraqi Oil Is About to Flow Again
Turkey probably won’t accept a request from Baghdad for oil exports through the port of Ceyhan to resume
1970-01-01 08:00