Business news

Business news • May 03

Delta Cancels Hundreds Of Flights — Executives Say The Problem Could Last All Summer

Delta Air Lines has been cancelling hundreds of flights througout the weekend, while other airlines operate without issue. And weather certainly hasn't been...

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Business news • May 03

The Only Thing Worse Than Spirit Airlines

Spirit Airlines died as it lived: lots of angry customers and no one picking up the phone. Early yesterday morning, when America's most hated airline...

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Business news • May 03

McDonald’s is quietly ditching a popular in-store feature nationwide

McDonald's is phasing out self-serve soda fountains in U.S. dining rooms by 2032 as part of a broader push toward drive-thru, delivery and efficiency.

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Business news • May 03

GameStop's reported eBay acquisition would be horrible for gamers in every way

GameStop is considering acquiring eBay, according to The Wall Street Journal, but such a deal would be bad for fans of trading cards and retro gaming.

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Business news • May 03

Who qualifies for the Capital One settlement? What to know.

Capitol One account holders could receive a slice of a $425 million class action settlement, with payments expected to be sent later this summer.

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Business news • May 03

In Harvard study, AI offered more accurate emergency room diagnoses than two human doctors

A new study examines how large language models perform in a variety of medical contexts, including real emergency room cases — where at least one model...

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Business news • May 03

Oil markets eye nightmare scenario with West bracing for tank bottoms and Iran delaying tank tops

The West and Iran are staring down two diametrically opposed oil market emergencies that could materialize in a matter of weeks.

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Business news • May 03

United Airlines passenger allegedly assaulted flight attendant, tried to get into cockpit

A United Airlines passenger allegedly attacked a crew member and attempted to access the cockpit before being removed by police at Newark Liberty...

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Business news • May 03

Greg Abel earns solid scorecard from Berkshire shareholders after first annual meeting

Berkshire Hathaway CEO Greg Abel led the company's annual meeting for the first time this weekend, and investors at the event were largely positive on the...

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Business news • May 03

Austrian police detain suspect in case of rat poison found in baby food jars on supermarket shelves

Police in eastern Austria say a 39-year-old suspect has been arrested after rat poison turned up in some HiPP baby food jars on supermarket shelves in...

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Business news • May 03

OPEC+ countries agree modest rise in production as Iran retains chokehold on key Strait of Hormuz

Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they've decided to a modest increase in...

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Business news • May 03

Four common kitchen habits that chefs say home cooks need to stop doing immediately

Professional chefs say home cooks should avoid common kitchen mistakes like cross-contamination, dull knives and skipping ingredient prep before cooking.

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Business news • May 03

Mamdani thanks same billionaire he targeted in tax video for NYPD money

NYC Mayor Zohran Mamdani praised Citadel billionaire Ken Griffin for supporting police funding, days after singling him out in a viral video promoting a tax...

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Business news • May 03

Meta Threatens To Block Facebook, Instagram In New Mexico After $375 Million Fine

A New Mexico jury has found Meta liable for endangering children and misleading consumers, resulting in a 375 million dollar fine and a legal precedent that...

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Business news • May 03

Chinese court rules firms can’t lay off workers on AI grounds

The court decided that a tech firm in eastern China had illegally fired one of its workers after he refused to take a demotion when his job was automated by...

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Business news • May 03

Costco Brought Back a Beloved Ready-To-Eat Meal Kit—and It's So Much Cheaper Than Takeout

Costco brought back its ready-to-eat Gyro Kit that features seven classic gyro components: pita, shaved lamb, diced red onion, tomato and cucumber salad,...

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Business news • May 03

OPEC Plus, in Symbolic Gesture, to Increase Oil Production

The oil cartel known as OPEC Plus agreed on Sunday to step up output next month by a modest 188,000 barrels a day, in a move meant to send a signal that it...

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Business news • May 03

The Stock Market Is Facing a Historic Federal Reserve Double Whammy on May 15

For the better part of the last seven years, Wall Street's major stock indexes have been unstoppable. The broad-based S&P 500 (^GSPC +0.29%) has rallied at...

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Business news • May 03

Private Credit Could Spark Psychological Contagion, Barr Warns

Federal Reserve Governor Michael Barr said stress in private credit could spark “psychological contagion” leading to a broader credit crunch,...

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Business news • May 03

Trump administration cites national security to halt US wind farm projects, FT reports

May 3 (Reuters) - President Donald Trump's administration has brought U.S. onshore ​wind development to a halt, citing national security concerns,...

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