Business news

Business news • Aug 08

Doughnut, diner, and restaurant chain owner files Chapter 7

Several restaurants have already closed as lenders pursue millions of dollars in unpaid debts and lawsuits pile up.

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Business news • Aug 08

Flight canceled after toddler refused to buckle seat belt, stranding passengers overnight

A Porter Airlines flight was canceled after a toddler refused to buckle their seatbelt, forcing all passengers to disembark and stay overnight.

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Business news • Aug 08

New York authorities warn about gold bar scam targeting older adults

Scammers in New York have been using gold bars to steal money from victims, primarily older adults, and made off with more than $100m over the past two...

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Business news • Aug 08

Warren Buffett's successor is finally spending the huge cash pile he built at Berkshire Hathaway

Warren Buffett's famous cash pile shrank last quarter as new CEO Greg Abel ramped up spending on stocks and buybacks to multi-year highs.

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Business news • Aug 08

Planned Amazon data center could become the biggest climate polluter in the U.S.

As part of a planned Texas data center, Amazon is investing in an on-site power plant that could reportedly become the largest source of climate pollution...

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Business news • Aug 08

Delta passengers evacuated by slide after emergency landing in Atlanta

Passengers aboard an Orlando-bound Delta flight had to evacuate via slide after the aircraft made an emergency landing on a taxiway at Hartsfield-Jackson...

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Business news • Aug 08

LAX people mover sets opening date as YouTuber exposes behind-the-scenes chaos

The $3.34 billion project is targeting passenger service in October 2026, even as a bitter legal fight and massive cost overruns raise fresh questions about...

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Business news • Aug 08

Albertsons recalls items containing jalapeños supplied by Taylor Farms due to salmonella

Albertsons Companies has recalled four items due to possible salmonella contamination, and two of them were sold in Louisiana.

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Business news • Aug 08

Senate advances landmark crypto bill before heading on August recess

U.S. Senate Majority Leader John Thune moved on Saturday to advance a major bill that would create a regulatory framework for cryptocurrencies, which,...

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Business news • Aug 08

US Senate advances landmark crypto bill before heading on August recess

WASHINGTON, Aug 8 (Reuters) - U.S. Senate Majority Leader John Thune moved on Saturday to advance a major bill that would create a regulatory framework for...

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Business news • Aug 08

Billionaire MacKenzie Scott Is Releasing Third Novel For Free On Substack

Philanthropist and Amazon billionaire MacKenzie Scott said Saturday she will self-publish a new novel, her third, on Substack throughout the month of August...

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Business news • Aug 08

America’s best fast-food burger revealed — and it’s not available in every state

California chef Andrew Gruel demonstrates how fresh and frozen burger patties stack up in flavor and texture, revealing why one earned higher marks for...

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Business news • Aug 08

Could the struggles of United Wholesale Mortgage impact the Phoenix Suns?

UWM's difficult quarter has sparked concern, but the Suns' financial outlook isn't as simple as the headlines suggest.

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Business news • Aug 08

Two drivers of Mercedes AMG cars file class action lawsuit over an alleged burn hazard in its logo

Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, saying that the AMG logo on their driver's seat gets so...

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Business news • Aug 08

Ford Unveils New EV Truck Starting at $28K

Ford has officially taken the wraps off its long-rumored budget electric pickup, aiming to shake up the entry-level truck market.

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Business news • Aug 08

Berkshire Operating Earnings Rise 16% in Second Quarter. Buybacks Hit $4.5 Billion.

The $13 billion figure shows the strength of the company's railroad, energy and manufacturing, service, and retailing units.

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Business news • Aug 08

Majority Leader Thune files cloture on Clarity Act, setting up Sept. 15 Senate vote

Senate Majority Leader John Thune filed cloture early Saturday on the motion to proceed to debate over the Clarity Act, giving the crypto market structure...

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Business news • Aug 08

57-year-old Burger chain closed 28 restaurants, 100s more coming

The fast-food chain is overhauling its strategy after six straight quarters of declines, while more restaurant closures remain possible.

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Business news • Aug 08

Caterpillar tariffs send major signal on margins

Caterpillar delivered a quarter that its own leadership called historic. Sales topped $20 billion for the first time in company history, and profit per...

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Business news • Aug 08

Unemployment improved — because thousands of workers disappeared. Where did they go?

The percentage of American workers ages 25 to 54 declined this year, and that's not a good sign for the economy, experts say.

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