Norfolk Southern says cost of fiery Ohio derailment doubles to $803 million as cleanup continues
The costs associated with Norfolk Southern's fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess and moves forward with all the related lawsuits
1970-01-01 08:00
Weekly US applications for jobless benefits slide to lowest level in 5 months
The number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the U.S. labor market continues to defy the Federal Reserve’s attempts to cool it off
1970-01-01 08:00
Rescuers in Indonesia try to reach 8 workers trapped in an illegal mining hole
Indonesian rescuers are trying to save eight miners who have been trapped at an illegal mining area in Indonesia’s main island of Java, The joint search and rescue team is racing against time Thursday as they suck water out from the hole using six water pump machines
1970-01-01 08:00
Southwest Airlines made $683 million in Q2, as a hectic summer travel season led to record revenue
Southwest Airlines is reporting a $683 million profit for the second quarter, and revenue is a quarterly record as planes are packed during the peak summer travel season
1970-01-01 08:00
McDonald's posts surprisingly strong sales after "happy birthday" Grimace campaign goes viral
McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales
1970-01-01 08:00
EU opens antitrust investigation against Microsoft over Office and videoconferencing Teams bundling
The European Union is opeing a formal antitrust investigation targeting Microsoft into the software company’s Teams messaging and videoconferencing app over concerns that its bundling with its Office productivity sofware suite gives it an unfair edge over competitors
1970-01-01 08:00
Shell earnings top $5 billion. But that's nearly half what it pulled in months ago
Shell has reported that it earned nearly $5.1 billion in the second quarter
1970-01-01 08:00
Volkswagen takes steps to boost its China business as first-half earnings fall by 20%
Volkswagen has seen after-tax earnings fall by 20% in the first half of the year from the same period last year
1970-01-01 08:00
A fire is still burning on board a car-carrying cargo ship near a sensitive Dutch bird habitat
A cargo ship packed with nearly 3,000 cars is still ablaze close to a world-renowned bird habitat off the Dutch coast
1970-01-01 08:00
Pushing back on bias: Sheryl Sandberg's Lean In launches girls leadership program
Ten years after publishing her book “Lean In: Women, Work and the Will to Lead,” Sheryl Sandberg will launch a girls leadership program Thursday through her foundation to respond to what she calls stubborn gender inequities
1970-01-01 08:00
Europe's central bank is set to pile on another rate increase. Is it the last in a record series?
The European Central Bank is set to raise interest rates again Thursday
1970-01-01 08:00
Pakistan's finance minister says China rolls over $2.4 billion loan for Islamabad for 2 years
Pakistan’s finance minister says Beijing has rolled over a $2.4 billion loan for his country for two years, a move aimed at helping Pakistan overcome a lingering economic crisis
1970-01-01 08:00