The Mega Millions drawing for Tuesday was delayed due to technical difficulties but the winning numbers were eventually posted, with the jackpot at an estimated $148 million.
Google workers staged sit-ins at headquarters in California, Washington state, and New York to protest the tech giant's contract with the Israeli military and its alleged complicity in the Israel-Hamas war, demanding the company drop its $1.2 billion military contract with Israel and address health and safety issues in the workplace.
Despite Fed Chief Jerome Powell's comments about a lack of progress on returning to the 2% inflation goal, the major stock indexes closed narrowly mixed, with some leading stocks showing encouraging action and chip-equipment giant ASML reporting before Wednesday's open.
The Justice Department plans to file an antitrust lawsuit against Live Nation, citing concerns over the concert promoter's market dominance and alleged unfair practices within the live entertainment industry.
Bojangles, the North Carolina-based chain known for its Southern-style chicken and biscuits, is planning to open 30 new locations in Los Angeles County over six years, with the goal of introducing the brand to the region in early 2025.
A Boeing engineer-turned-whistleblower claims that the 787 Dreamliner is unsafe to fly due to assembly flaws, stating that the plane could fall apart midflight unless the alleged safety problems are addressed, while Boeing insists that the aircraft is safe.
The Department of Justice is reportedly preparing to file an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, over allegations of anti-competitive behavior and market power abuse in the ticketing industry.
President Joe Biden received concerning news on the economy as Fed Chairman Jerome Powell stated that inflation is not progressing towards the central bank's target, delaying the possibility of interest rate cuts, which could have negative effects on the housing market and hinder Biden's economic plans.
Investors are abandoning Trump Media & Technology Group's stock as its premier product, Truth Social, expands into the challenging streaming industry, resulting in a significant drop in stock value and the company's desperate need for cash.
GMC's all-electric Sierra EV Denali Edition 1 pickup, set to be released in 2024, has a range of 440 miles and a max towing capacity of 10,000 pounds, with a unique diagonal driving feature called "CrabWalk," while reservations for the truck are already full.
United Airlines suffered a $200 million loss in the first quarter due to the grounding of its Boeing 737 Max 9 following the door plug incident, along with a series of other incidents, including engines catching on fire and wheels falling off of planes, which has raised concerns about the safety and quality of Boeing planes.
The governors of six Southern states have warned residents that joining the United Auto Workers (UAW) would endanger jobs, in an attempt to prevent unionization of auto factories in the South.
American Airlines' pilots union has reported a significant increase in safety and maintenance issues, including tools left in wheel wells, increased ground collisions, poor recordkeeping, and abbreviated check flights, leading to concerns about pressure on employees to maintain flight schedules.
Despite recent layoffs, experts do not believe that Tesla will lose its tax rebates and incentives from Travis County and Del Valle ISD for its Gigafactory in Austin.
Gas prices in Cincinnati have jumped to $3.75 a gallon, the highest level in over six months, due to the recent Iranian attack on Israel and the switch to cleaner summer blended fuel.
Former President Donald Trump has lost approximately $3.33 billion in value as the stock of Trump Media & Technology, his media startup, plummeted by 65% in just three weeks.
Oberweis Dairy Inc. is laying off 127 workers at its North Aurora plant and filing for Chapter 11 bankruptcy, citing financial challenges and a decline in milk consumption.
Boeing engineer calls for grounding of all 787 jets for safety checks ahead of scheduled testimony before Congress.
Tesla shares fell 2.7% after the company announced a "more than 10%" staff reduction, revealing deeper cuts to certain divisions that suggest CEO Elon Musk's riskier focus on robotaxis and autonomous software.
The Disney/ESPN, Fox Corp. and Warner Bros. Discovery sports-streaming joint venture is facing congressional scrutiny over concerns about its impact on pricing, access, competition, and choice in the sports streaming market.
The Council for Responsible Nutrition has introduced voluntary guidelines for melatonin packaging to protect children from unintentional ingestion and potential harm, following reports of melatonin-related emergency room visits and mislabeled products.
Wawa is celebrating its 60th anniversary by giving out free cups of coffee to customers at its over 1,000 locations.
Oil traders are making large bets on oil options contracts as geopolitical tensions rise between Israel and Iran, with bullish oil options hitting record levels.
Tesla has reportedly paused Cybertruck deliveries due to an accelerator pedal issue, causing delays and concerns about potential accidents.
Six southern governors, including Tennessee Gov. Bill Lee, have warned Volkswagen workers that voting for a union will jeopardize jobs and economic growth, as the United Auto Workers seeks to organize nonunion auto factories across the US.
Tesla has halted production, sales, and deliveries of its Cybertruck due to a major safety issue with the accelerator pedal, with some owners reporting that the pedal gets stuck when pressed down.
UnitedHealth Group's subsidiary, Change Healthcare, experienced a cyberattack earlier this year that resulted in $872 million in unfavorable effects, excluding any ransom payment to the hackers or direct response costs.
Abbott Laboratories' HeartMate II and HeartMate 3 heart devices, associated with hundreds of injuries and 14 deaths, have received the FDA's most severe recall due to a buildup of "biological material" that impairs their ability to circulate blood, raising concerns about reporting issues with approved medical devices.
Shares of Trump Media & Technology Group fell over 10% after announcing the launch of a streaming platform to complement its social media platform Truth Social, leading to a market valuation of below $3.4 billion, less than half its peak value.
The upcoming Bitcoin halving event, which will reduce the number of new bitcoins entering circulation, is expected to have different impacts according to various experts, with some believing it is already priced in and others anticipating a significant price increase, while concerns regarding mining profitability and environmental costs arise.
The American Airlines pilot union has raised concerns about a significant increase in safety and maintenance issues, including tools left in wheel wells and collisions between aircraft being towed, highlighting the need for vigilance in congested airports.
The labor market remains strong with unemployment rate under 4%, but there is a lack of progress on inflation, causing the Fed to delay raising interest rates.
Trump Media & Technology Group (DJT) stock dropped over 10% after announcing the launch of a new live TV streaming platform through its parent company, Trump Media, which also owns the social media platform Truth Social.
Fried chicken chain Bojangles plans to expand to the West Coast, with the first Southern California location opening in Los Angeles County by early 2025, and aims to open a total of 30 units; meanwhile, steakhouse chain Boa has hired veteran chef Brendan Collins to lead its kitchens across all locations; pizza-and-cake restaurant Quarter Sheets in Echo Park will begin offering reservations on Resy to reduce wait times; Cobras and Matadors has reopened in the former Spartina space on Melrose Avenue after multiple closures; and Disneyland Resort is serving Star Wars-themed dishes until June 2 to celebrate May 4.
Morgan Stanley Bullish on Netflix Growth Outlook; Raises Price Target to $700 on Ad, Games Potential
Netflix investors are heading into the upcoming earnings season in a positive mood, with shares up 27% this year, and Morgan Stanley's Benjamin Swinburne, a highly rated analyst, is optimistic about the streaming giant's potential, citing its track record, new growth options, and estimated boost in subscribers from paid sharing.
Citigroup analysts predict that the recent gold rally could push the price of bullion to over $3,000 per ounce in the next six to 18 months due to geopolitical tensions and record equity index levels, while Costco is estimated to be earning $100 million to $200 million monthly from its one-ounce gold bars.
Morgan Stanley and Bank of America have reported better-than-expected first quarter earnings, driven by a resurgence in capital markets and a strong performance in their investment banking businesses.
Target is being sued in a class action lawsuit for allegedly collecting and storing biometric data, including face and fingerprint scans, without consent in violation of Illinois state law.
UnitedHealth Group exceeded expectations in the first quarter despite the impact of a cyberattack, with shares rising over 5% on Tuesday.
Bitcoin and other cryptocurrencies are experiencing volatility and declining prices ahead of the upcoming Bitcoin halving event, with Ether, Solana, and Doge all seeing significant drops, while Bitcoin ETFs are also facing outflows.
Stellantis CEO Carlos Tavares faces opposition from shareholder advisory firms over his proposed 60% pay increase, despite the company's profitability, while German Chancellor Olaf Scholtz visits China to discuss trade relations, and General Motors considers the future of its Renaissance Center in Detroit as it plans to move its headquarters.
The Dow ended a six-day losing streak as investors digested the Federal Reserve's "higher-for-longer" interest rate stance and comments from Fed chair Jerome Powell about inflation.
Tesla's stock hits new lows as CEO Elon Musk focuses on autonomy as the next phase of growth, leading to concerns from investors and analysts about the company's strategy and upcoming earnings call.
New York City Mayor Eric Adams has unveiled plans for a 62-story office tower at 350 Park Avenue, featuring 1.8 million square feet of office space and anchor tenants Citadel and Citadel Securities, with completion expected by 2032 and a focus on revitalizing Midtown Manhattan.
The Federal Aviation Administration (FAA) is implementing new airfield surveillance systems at several airports to reduce the risk of close calls between aircraft on runways.
Ben & Jerry's will be giving away free ice cream cones worldwide on April 16th as a way to thank their loyal fans.
UnitedHealth, the parent company of Change Healthcare, reveals that the total cost of tending to the February cyberattack currently stands at $872 million for the first quarter of 2024, with potential costs exceeding $1 billion over time and estimated total costs for the year reaching between $1.35 billion and $1.6 billion.
The Dow Jones Industrial Average rebounded, but Tesla continued to decline on the stock market after confirming job cuts and facing slowing demand.
A woman was shot at a McDonald's drive-thru in Chicago's Northwest Side after an argument with a man on a bicycle, and she is now in good condition at the hospital.
Microsoft has announced a $1.5 billion investment in Abu Dhabi-based AI company Group 42 Holdings (G42), highlighting strategic positioning in the Gulf region amid rising geopolitical tensions between the US and China.
