The Maui fires were caused by bare, uninsulated power wires and deteriorating power poles that were unable to withstand high winds, highlighting the need for utilities to better prepare for climate change-related risks.
Nvidia's stock still has significant upside potential with a Wall Street-high price target of $1,100, representing a 125% increase from its current value, fueled by strong demand for AI and high-performance computing in the semiconductor industry.
Kroger and Albertsons plan to sell 413 stores, including 24 Albertsons stores in Arizona, to C&S Wholesale Grocers as part of their merger, in a deal worth approximately $1.9 billion.
Elon Musk and Grimes, who have kept their children's existence private, have a third child named Techno Mechanicus, nicknamed Tau. Grimes recently pleaded with her former partner to let her see their son in a since-deleted post.
Trader Joe’s has issued its sixth product recall since July, recalling black bean tamales due to potential milk contamination, following previous recalls for products potentially contaminated with rocks, insects, and metal.
A couple from New Zealand is requesting a refund from Singapore Airlines after enduring a 13-hour flight seated beside a dog that was slobbering, farting, and whining throughout the journey.
Nvidia's sales have doubled, reaching a record high of $13.5 billion, driven by increasing demand for its AI chips, and the company expects sales to continue to rise, with plans to buy back $25 billion of its stock.
Amazon is offering a wide range of Labor Day deals on items such as laptops, Apple products, TVs, headphones, smart home devices, kitchen appliances, furniture, and more.
General Motors' Ultium Cells has reached an agreement with the United Auto Workers union to increase worker pay at its Ohio battery plant by an average of 25%, a move that supports the automaker's goal of expanding its supply of batteries for electric vehicles.
Labor Day weekend travel bookings are up, with domestic bookings increasing by 4% and international bookings skyrocketing by 44% compared to last year, and AAA has provided the best and worst times to drive during the holiday weekend.
Danish renewable energy company Orsted has experienced a record plunge in its shares due to supply chain issues and rising interest rates, leading to potential impairments of up to $2.3 billion in its US portfolio.
Intuit, the company behind TurboTax, has been accused by the Federal Trade Commission (FTC) of deceptive advertising for promoting TurboTax as a "free" service, leading to a ruling against Intuit by an administrative law judge, which the company plans to appeal.
The Securities and Exchange Commission and federal prosecutors are investigating Tesla for allegedly using company funds to construct a secret glass home for CEO Elon Musk in Texas, with both investigations still in the early stages.
The Powerball lottery jackpot continues to climb with no winner, and the next drawing for a $500 million jackpot will take place on Saturday, September 9, 2023.
Members of the United Auto Workers have voted overwhelmingly to authorize a strike against Ford, General Motors, and Stellantis if a competitive contract is not offered by September 14, with key demands including wage increases, improved benefits, and the elimination of the two-tiered employment system.
The FDA has issued warnings to three infant formula makers, ByHeart Inc, Reckitt Benckiser Group's Mead Johnson Nutrition, and Perrigo's Wisconsin unit, to improve their manufacturing processes and prevent bacterial contamination, although it does not anticipate any impact on the supply.
Huawei's launch of the Mate 60 Pro smartphone surprised industry experts, as it raised questions about how the company obtained advanced technology despite US restrictions, and a South Korean chipmaker is investigating why its memory chips were found in the controversial handset.
US stocks surged on Tuesday after new jobs data showed a decline in job openings, potentially easing wage pressures and giving the Federal Reserve room to adjust interest rates.
Mortgage rates remain elevated, slowing housing market activity, and while home prices are not likely to fall significantly, rates are projected to decrease in 2023 and 2024.
Retired NBA star Shaquille O'Neal plans to open up to 20 Big Chicken restaurants in Michigan, starting with the first one in Clio early next year.
Texas' electric grid operator, ERCOT, is asking Texans to reduce energy use due to tight grid conditions caused by low wind generation, potentially low solar generation, and high demand.
Mark Thompson, former BBC director general and chief executive of the New York Times, has been appointed as the new chief executive of CNN, with the task of reviving the struggling US news giant.
A potential United Auto Workers strike could have negative effects on car shoppers, particularly for certain models of cars, trucks, or SUVs, depending on the automaker and the specific vehicle desired.
Gold prices rise to a three-week high following weaker-than-expected US economic data, while silver remains relatively unchanged but hits a four-week high.
A couple is demanding a refund after their flight experience was ruined by being seated next to a noisy and smelly emotional support dog.
Bitcoin is recovering from a "black swan" event similar to the COVID-19 crash in March 2020, as a spike in loss-making unspent transaction outputs suggests a curveball selling event may be occurring.
The explosion of SpaceX's Starship during its first orbital flight attempt caused extensive damage to the launchpad and surrounding area, leading wildlife officials to suspect that they were initially prevented from investigating the site, and experts believe that the failure to implement standard safety measures, such as a flame diverter and water deluge system, likely contributed to the destruction.
The FDA has issued warning letters to three infant formula manufacturers as part of its efforts to enhance regulatory oversight and ensure the production of safe infant formula in the US market.
The Federal Aviation Administration has closed its investigation into SpaceX's first orbital test flight, but the company must complete over 60 corrective actions before a second launch can be approved.
Google Flights now offers a search function that can tell you the cheapest time to book trips based on reliable trend data, helping travelers make more confident decisions about when to book their flights.
Spectrum cable TV customers can get a 30% discount on Fubo's live TV streaming service for two months, as Fubo becomes Spectrum's preferred streaming TV partner amid a fight with Disney over bundling streaming services at discounted prices.
Elon Musk is described as volatile and multi-faceted by biographer Walter Isaacson, who believes that Musk's childhood traumas and drives shaped his adventurous and dramatic personality, along with his urgency to make humans a multi-planetary species.
T-Mobile is planning to lay off 5,000 employees, approximately 7% of its workforce, over the next five weeks in an effort to streamline its operations and reduce costs.
Shares of Walt Disney fell 3.9% to their lowest level in almost nine years as investors anticipate further price drops and scrutinize the company's turnaround plan after the announcement of price hikes, more ads, and cost cuts to boost the business.
Floridians are taking advantage of the state's disaster preparedness tax holiday to save money and stock up on essential supplies for hurricane season.
A federal judge refused to dismiss part of a lawsuit against Burger King, claiming the restaurant misrepresents the size of its food with advertisements and menu boards, and only a jury of typical customers can determine if it is true.
Google will face a high-stakes antitrust trial brought by the US government and multiple states, which could have significant implications for the tech giant's dominant search business.
American Airlines flight attendants have voted overwhelmingly to authorize a strike if the company does not agree to "reasonable" contract terms.
Kroger will pay up to $1.4 billion over 11 years to settle most of the litigation against the company related to the opioid epidemic, with the money going towards states, local governments, and Native American tribes to fund treatment and other efforts to address the crisis.
Daniel Zhang, CEO of Alibaba Group, will step down from his role in the company's cloud business as part of its restructuring, with Eddie Wu set to take over, while Zhang will establish a technology fund with a $1 billion investment from Alibaba.
United Airlines will pay a $30 million settlement to the family of a quadriplegic man who was injured during deplaning, resulting in him being in a vegetative state, after being allegedly manhandled by a United Airlines agent.
Pending home sales in the US unexpectedly rose by 0.9% in July, defying expectations of a decline, as the housing market slowly recovers from the impact of rising mortgage rates and a shortage of inventory.