Breaking News: Business
Biden grieves with Texas town after nation’s latest school shooting
Mourners visit a memorial for a victims of Tuesday’s mass shooting at an elementary school, in City of Uvalde Town Square on May 26, 2022 in Uvalde, Texas. Yasin Ozturk | Anadolu Agency | Getty Images President Joe Biden on Sunday sought to comfort families in the Texas town of Uvalde following the nation’s deadliest school shooting […]
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Justice Department to review law enforcement response to Texas shooting
A police officer stands near a makeshift memorial for the shooting victims outside Robb Elementary School in Uvalde, Texas, on May 27, 2022. Chandan Khanna | AFP | Getty Images The U.S. Justice Department said on Sunday it will review law enforcement’s response to the school shooting in Uvalde, Texas, that killed 19 children and two teachers, amid […]
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‘Top Gun: Maverick’ grosses $124 million, making it Tom Cruise’s best domestic opening weekend
Tom Cruise in “Top Gun: Maverick” Source: Paramount LOS ANGELES – “Top Gun: Maverick” soared to $124 million during its opening weekend, earning Tom Cruise his highest domestic debut. The prolific actor, who has made a name for himself as a fearless stuntman, has generated more than $4.2 billion at the domestic box office since […]
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Flight cancellations ease after rocky start to Memorial Day weekend
A Delta Airlines commercial aircraft approaches to land at John Wayne Airport in Santa Ana, California January 18, 2022. Mike Blake | Reuters Flight disruptions continued Sunday but eased from the rocky start to Memorial Day weekend, a test for carriers as they gear up for a busy summer travel season after more than two […]
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Help (mostly) wanted: A diverging job market boosts some workers’ prospects and puts others on notice
A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the U.S. labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more […]
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Space stocks had a rough first quarter as several companies struggled with supply chain disruptions
Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Space companies reported results for the first quarter of the year over the past several weeks – with many CEOs complaining of supply chain disruptions pushing back hardware deliveries and launch schedules. “Everyone’s getting […]
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‘A lot of Costco love’ — How the warehouse retailer became a staple of Asian America
Durian at a Costco Wholesale location in Woodland Hills, California. April 24, 2022. Wendy Leung Wendy Leung rarely saw durian in grocery stores growing up in Los Angeles, but the 45-year-old nonprofit worker found the fruit at her local Costco Wholesale in San Fernando Valley this April. Durian is used in Southeast Asian cuisines and […]
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Monkeypox has spread to more than 20 countries, but the outbreaks are containable, WHO says
RT: Maria Van Kerkhove, Head a.i. Emerging Diseases and Zoonosis at the World Health Organization (WHO), speaks during a news conference on the situation of the coronavirus at the United Nations in Geneva, Switzerland, January 29, 2020. Denis Balibouse | Reuters The World Health Organization on Thursday said the monkeypox virus has spread to more […]
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Gap shares fall 13% after retailer slashes profit guidance for the year
Gap Inc. on Thursday slashed its profit guidance for the full year as it reported a decline in fiscal first-quarter sales, which were dragged down by its Old Navy business. Shares fell more than 10% after hours, after closing the day up 4%. An imbalanced mix of clothing sizes, ongoing inventory delays and an uptick […]
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Baby formula supply should return to normal in two months, FDA commissioner says
Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022. Samuel Corum | AFP | Getty Images Food and Drug Administration Commissioner Dr. Robert Califf told lawmakers on Thursday that it will take until July before store shelves across the country are filled with baby […]
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