Verizon customers have until April 15 to file a claim in order to receive up to $100 each from a $100 million class action settlement fund related to an alleged deceptive scheme involving administrative charges.
Verizon customers have until April 15 to claim up to $100 each from a $100 million class action settlement fund if they were charged an administrative fee between January 2016 and November 2023.
The union for American Airlines pilots has issued a warning about a rise in safety and maintenance issues at the carrier, urging pilots to be cautious and not rush their jobs.
Oberweis Dairy, a century-old dairy company known for its ice cream stores and grocery products, has filed for Chapter 11 bankruptcy protection due to financial challenges caused by declining sales and capital expenditures, among other factors.
Real estate investment trust, Medical Properties Trust, has sold the majority of its interests in five Utah hospitals for $886 million in order to generate immediate cash and free up liquidity.
Atlanta Airport Retains Title as World's Busiest for 25th Time in 26 Years As Global Travel Rebounds
Hartsfield-Jackson Atlanta International Airport (ATL) has been named the world's busiest airport for 2023, according to the Airports Council International, with Tokyo's Haneda Airport and London's Heathrow Airport also ranking in the top five.
Tesla is laying off more than 10% of its workforce globally, leaving employees blindsided and scrambling for new jobs.
US futures tick up as investors cautiously await Israel's reaction to Iran's missile attack, while oil and gold prices dip after a surge triggered by anticipation of further attacks.
Traffic on westbound I-90 was severely backed up due to protesters blocking the road to O'Hare Airport, but traffic flow resumed around 9:20 a.m.
Outdoor retailer L.L. Bean is reducing its workforce and cutting down on call center hours in response to changing retail trends and customer preferences.
Protesters in support of Palestine caused substantial delays to vehicular travel into Chicago O'Hare International Airport, as they blocked inbound traffic on I-190 as part of a multicity "economic blockade" opposing the war in Gaza.
General Motors plans to move its headquarters to a new downtown office tower in Detroit and redevelop its current site, along with studying the redevelopment of the Renaissance Center, in collaboration with Bedrock real estate firm.
General Motors is expected to announce that it will relocate its global headquarters from the Renaissance Center to the Hudson's Detroit building in downtown Detroit, according to anonymous sources.
The housing market sentiment index remained at 51 in April, causing homebuilder stocks to fall amid concerns over high mortgage rates and hesitation from buyers.
Alfa Romeo has renamed the Milano crossover as the Junior after an Italian minister suggested using the Milano name was illegal since the car is manufactured in Poland, not Italy, and the company wanted to avoid controversy and thanked the government for the free publicity.
Most US Treasury yields climbed to new year-to-date highs after strong retail sales data decreased investor confidence in the likelihood of Federal Reserve interest rate cuts this year.
Sen. Bill Hagerty argues that workers unionizing at a Volkswagen auto plant in Tennessee would be detrimental to business and U.S. competitiveness, urging workers to consider the long-term competitiveness of China.
Shares of Donald Trump's social media company, Trump Media & Technology Group, dropped 12% after the company revealed plans to sell millions of additional shares, further impacting the former president's financial status due to his lockup agreement preventing him from selling his own shares until September.
Alfa Romeo changes the name of its newly unveiled Milano SUV to "Junior" after pressure from the Italian government due to a law prohibiting "Italian-sounding" products falsely claiming to be produced in Italy.
Charles Schwab's first-quarter revenue exceeded expectations due to a surge in asset management fees and record-high client assets, despite a 15% decline in overall profit.
Restaurants are offering discounts and freebies on Tax Day, including free curly fries and sandwiches at Arby's, buy-one-get-one deals at Great American Cookies and Potbelly, and 10% off pickup orders at P.F. Chang's.
H&R Block is experiencing technical issues with its electronic filing software, causing "bad gateway" errors and charging errors for some users trying to file their taxes online.
Tesla has announced a reduction in staff of "more than 10%" following a disappointing Q1 delivery report, with the layoffs likely to affect at least 14,000 workers, indicating the impact of slowing EV demand.
UAW President Shawn Fain believes that this year could bring historic gains for the union as it pushes to organize auto plants in the Deep South, citing the success of last year's "Stand Up Strike" against the Big Three automakers as a driving force behind increased support among auto workers in traditionally anti-union states.
Verizon customers have until Monday to claim a portion of the $100 million settlement in a case over administrative charges, with payments expected to vary based on the duration of the charges and capped at $100 per account holder.
General Motors and real estate firm Bedrock are collaborating to study the redevelopment possibilities of GM's headquarters tower complex in downtown Detroit, although the plan does not involve a sale of the iconic complex.
Shares of Truth Social parent company, Trump Media & Technology Group (TMTG), dropped over 15% after the company filed to sell millions more shares, including those owned by former President Donald Trump himself.
The Dow Jones Industrial Average rose at midday driven by Goldman Sachs beating expectations and strong retail sales data, while Tesla fell following CEO Elon Musk's announcement of upcoming job cuts.
Two legislators have requested documentation and records from Boeing and the Federal Aviation Administration (FAA) following allegations from a whistleblower that the manufacturing processes at Boeing are potentially creating "catastrophic safety risks," specifically in relation to the Boeing 777 and 787 programs; Boeing denies the allegations and states that the issues raised have been subject to rigorous engineering examination under FAA oversight.
Social Security beneficiaries are projected to receive a higher cost-of-living adjustment for 2025 due to rising inflation, but the increase may not offset the current rising costs.
National chains are offering free or discounted food to customers on Tax Day 2024 in an effort to soften the financial blow of tax season, with deals including free sandwiches at Arby's and discounted orders at California Pizza Kitchen.
Shares of Trump Media & Technology Group (TMTG) fell over 15% after the company announced a new stock offering, adding to existing shareholders' frustration and potentially devaluing their stakes, including that of former President Donald Trump.
Tesla has reportedly suspended deliveries of its Cybertruck due to delays related to a potential issue with the accelerator pedal.
Pro-Palestinian protesters blocked the entrance to O'Hare International Airport in Chicago, causing traffic disruptions and forcing some travelers to walk to the airport. The demonstrators aimed to disrupt Boeing's operations and demand an end to the US government's arming of Israel.
Pro-Palestinian protest outside O'Hare Airport causes major traffic delays and forces closure of outbound lanes on I-190.
Retail sales in the US exceeded expectations in March, increasing by 0.7% from the previous month, signaling that consumer spending remains strong despite higher interest rates.
Goldman Sachs reported a significant increase in profit, earning nearly $4 billion in the first quarter, surpassing analyst expectations, primarily due to its successful trading and corporate advisory businesses.
Tesla CEO Elon Musk has announced in a memo that the company will be laying off over 10% of its global workforce as part of a cost reduction and productivity increase effort amid slowing sales growth and increased competition.
Goldman Sachs Q1 Profit Jumps 28% to $4.1B on Investment Banking Strength; Leadership Questions Loom
Goldman Sachs reported a 28% increase in profits for the first quarter of 2024, driven by strong investment banking revenues, providing CEO David Solomon with momentum after a challenging year, while also facing shareholder proposals to limit his power and criticism over executive pay.
Salesforce is in talks to acquire Informatica Inc., a move that would enhance its data integration and management capabilities, potentially leading to further consolidation in the software-as-a-service industry.
Palo Alto Networks has released hotfixes to address a zero-day vulnerability that has been actively exploited since March 26th, allowing unauthenticated threat actors to gain root code execution on PAN-OS firewalls via command injection.
The Dow Jones, S&P 500, and Nasdaq initially rose after Iran's attack on Israel but later pared gains as Treasury yields increased; Tesla announced layoffs and saw its stock fall.
The Biden administration has reached a $6.4 billion preliminary agreement with Samsung, in which the company will invest in semiconductor chip manufacturing in Texas, supporting over 20,000 jobs and bolstering U.S. national security.
Hong Kong financial giants have reportedly been approved by the Securities and Futures Commission (SFC) to list spot bitcoin and ethereum ETFs, prompting expectations of increased institutional investors and capital inflows into the cryptocurrency market across Asia.
Tesla has reportedly issued a stop-sale order for new Cybertrucks due to an accelerator pedal problem that could lead to unintended acceleration, causing upcoming deliveries to be delayed or canceled.
Tesla has halted Cybertruck deliveries due to an unexpected delay related to vehicle preparation, potentially resulting from a recall caused by an accelerator problem.
Several chains, including Arby’s, Krispy Kreme, and Grub Hub, are offering free or discounted food deals on Tax Day (April 15th) to help ease the pain of filing taxes.
Tesla has reportedly signed a strategic agreement with Tata Electronics to source semiconductor chips, highlighting its increased focus on the Indian market and enhancing India's position in the semiconductor value chain.
US stock futures rose as concerns over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
The Biden administration has agreed to provide $6.4 billion in direct funding to Samsung Electronics for the development of a computer chip manufacturing and research cluster in Texas, with the goal of reviving domestic production of advanced chips and creating thousands of jobs.