Wall Street stock futures rise as traders await the Federal Reserve's decision on interest rates, with expectations of a steady hold, while also monitoring future rate hikes and the central bank's "dot plot" signals.
Wonder Group agrees to acquire Blue Apron in a $103 million deal, leading to a 133% surge in Blue Apron's stock price, with plans to maintain the brand and explore new synergies in consumer-facing apps and delivery logistics.
Pennsylvania-based convenience store chain Wawa plans to open at least 60 stores across Indiana in the next eight to ten years, with the first two locations set for Hamilton County and groundbreaking expected in mid-2024.
United Airlines pilots have approved a new contract with significant compensation increases, totaling up to 40.2% over a four-year period, bringing an end to industry-wide negotiations during a pilot shortage.
Girl Scout cookie prices are increasing to $6 a box in eastern Massachusetts due to inflation's impact on the cost of ingredients and other aspects of cookie making.
The Paris public prosecutor's office is investigating LVMH CEO Bernard Arnault over financial transactions involving Russian oligarch Nikolai Sarkisov, with a preliminary investigation underway since 2022 regarding possible acts of money laundering.
Government bond yields are expected to continue their rise as fiscal concerns and anticipated higher interest rates weigh on the market, leading to losses in bonds and impacting equities and currencies.
Thousands of cantaloupes sold in 19 states and Washington, D.C. are being recalled due to potential salmonella contamination.
Tens of thousands of unionized health care workers at Kaiser Permanente plan to go on strike starting Wednesday if contract negotiations fail, potentially resulting in the largest US health care strike in history.
Delta Airlines CEO Ed Bastian has promised to make modifications to its loyalty programs and Sky Club access after facing backlash from frequent fliers over recent changes.
Pharmacists working for CVS are staging a walkout in the Kansas City area to protest unsafe and stressful work conditions due to inadequate staffing, with CVS promising changes in response to the protests.
French antitrust authorities conducted a surprise raid on NVIDIA, a company specializing in graphics cards, as part of an investigation into potential anticompetitive practices in the cloud computing market.
Rupert Murdoch's decision to step down as chairman of Fox and News Corp highlights a major shift in power for a man who has wielded significant influence over British and US media, but exclusive clips from the BBC archive provide insight into his personality and early career.
The New York Police Department (NYPD) is using a security robot, called K5, to patrol the Times Square subway station in an effort to enhance safety, although privacy concerns have been raised about the robot's surveillance capabilities and potential future use of facial recognition technology.
Cryptocurrency markets surged higher, with Bitcoin breaking above $27,000 and Ethereum outperforming Bitcoin due to investor hopes for a potential U.S. regulatory greenlight for a futures-based exchange-traded fund (ETF).
The Signature Room, a renowned restaurant and lounge in Chicago's former John Hancock Center, has permanently closed due to economic hardship resulting from the COVID-19 pandemic and issues with their lease.
Shimano has issued a voluntary recall for 760,000 Hollowtech II cranksets sold in the USA and Canada due to a possible bonding separation issue, while Europe has implemented an inspection and replacement program for the affected models.
The UAW's strike at the Detroit 3 automakers is shaping up to have a significant impact on the entire automotive industry, as it aims to regain influence and deliver hefty wage increases, putting pressure on Ford, GM, and Stellantis to make concessions; however, the labor movement's success remains uncertain in the face of looming challenges, such as the rise of Tesla and the need for Detroit automakers to balance labor costs with the transition to electric vehicles.
Klaviyo, a marketing software company, saw a 23% increase in stock value during its IPO, resulting in a valuation of $11.2 billion, and its founders, Andrew Bialecki and Ed Hallen, becoming billionaires by retaining a 52% stake in the company.
The Biden administration plans to develop federal rules that would prevent unpaid medical bills from impacting patients' credit scores, potentially benefiting millions of people burdened by medical debt and improving their financial opportunities.
The Federal Trade Commission has filed a lawsuit against U.S. Anesthesia Partners, Inc. and private equity firm Welsh, Carson, Anderson & Stowe, accusing them of engaging in an anticompetitive scheme to monopolize the anesthesiology market in Texas, drive up prices, and increase their own profits.
Florida's Brightline, the first privately owned high-speed passenger train service in the US, will launch trains between Miami and Orlando, with the company hoping to eventually serve 8 million passengers annually and expand to other major cities.
Bitcoin and other cryptocurrencies experienced a decline in prices due to the Federal Reserve's monetary policy decision, signaling an anticipated return to range-bound trading.
French antitrust enforcers raided the offices of a business suspected of engaging in "anticompetitive practices in the graphics cards sector," with the Wall Street Journal identifying the targeted company as Nvidia Corp.
Amazon plans to hire 250,000 workers across multiple states, including Arizona, and raise entry-level pay to over $20.50 per hour, in an effort to bolster its workforce and compete for employees in a tight labor market.
President Joe Biden has announced the cancellation of $37 million in student debt for borrowers from the University of Phoenix, citing deception by the school and marking another step towards fulfilling his student loan forgiveness goal.
Bank of America plans to increase its minimum hourly pay to $23, making the minimum annualized salary for full-time employees nearly $48,000.
The US Department of Health and Human Services is investing $600 million in domestic COVID-19 test manufacturers and reopening COVIDTests.gov to provide free tests to households across the country, improving preparedness and securing 200 million new tests for future use.
Joe Bankman, father of Sam Bankman-Fried, expressed dissatisfaction with his $200,000 salary from FTX and expected $1 million, while FTX accuses him and his wife of siphoning $10 million from the company.
The Biden administration will forgive $37 million in debt for over 1,200 former students at the University of Phoenix after the for-profit college was found to have misled students with false advertising.
Clorox is struggling to meet consumer demand for its products due to a cyberattack, leading to potential product shortages on store shelves.
A federal judge in Manhattan ruled that a lawsuit against Starbucks over misrepresentation in its fruit-based drinks can move forward, highlighting a trend of consumers taking legal action against food and beverage companies for misleading advertising.
Ryan Cohen, the billionaire co-founder of Chewy, has officially become the president and CEO of GameStop, taking the lead in his efforts to turn around the struggling video game retailer.
Apple has expressed concern to Chinese officials over new rules that would ban unregistered foreign apps from its App Store in China, which could impact users and limit the company's revenue in a critical market.
The gold price today is falling due to the strength of the U.S. dollar, declining inflation, and the U.S.'s failure to follow a balanced government budget, causing investors to wonder about the best strategy in the short term.
India will postpone the requirement of an import license for laptops and tablets for a year after facing objections and concerns from industry and the US government.
A government shutdown could lead to disruptions in food aid, air travel, and financial markets, and increase the risk of cyber attacks on critical financial infrastructure, according to Karen Petrou of Federal Financial Analytics Inc.
The US Postal Service will once again ship free COVID tests to homes across the country through a program funded by a $600 million investment from the White House, allowing people to easily access tests amid rising COVID cases.