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Browsing: Business

Business

Warton grad who used to pressure wash homes raises $40M to help plumbers, electricians run businesses with AI

A Wharton graduate who started out pressure-washing homes with his dad in upstate New York has raised $40 million in venture capital to streamline the...

Business

Andrew Cuomo warns Congress is running out of time on blockchain regulation, says families could save on fees

EXCLUSIVE — Former New York Gov. Andrew Cuomo is taking aim at both legacy financial institutions and Washington gridlock, warning that the U.S. is wa...

Business

Delta CEO Ed Bastian reveals what he says must happen for airline ticket prices to fall

As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly what it will take for ti...

Business

Computer wars heat up as Chinese supercomputer tops all US machines in speed for first time since 2017

A Chinese supercomputer system surpassed an American computer for the world's fastest, according to an industry list published in Hamburg, Germany, on...

Business

Oil tanker traffic through Strait of Hormuz hits highest level since conflict began but mines remain

Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between the U.S. and Iran aimed at ending the war, which has ca...

Business

Bath & Body Works expands beyond malls with Ulta Beauty partnership, revives fan-favorite scent

In a major shift to capture changing consumer foot traffic, Bath & Body Works is expanding its retail footprint well beyond its own storefronts.Th...

Business

US shoulders disproportionate cost of new medications, report finds

New research by the Office of Health Policy shows the U.S. shoulders a disproportionate cost when it comes to paying for prescription medication.The r...

Business

Coca-Cola takes its fight with the IRS to federal appeals court with $20B on the line

Coca-Cola and the IRS are heading to court with $20 billion on the line amid a years-long dispute over the beverage company's reporting of profits mad...

Business

Thousands of bottles of blood pressure medication recalled nationwide

More than 11,000 bottles of blood pressure medication are being recalled nationwide due to a manufacturing defect, according to the Food and Drug Admi...

Business

Microsoft CEO has a warning about the AI race

Microsoft CEO Satya Nadella issued a warning that the tech giants competing in the AI race need to ensure they advance the emerging tech in a way that...

Business

Newsom's political defense faces skepticism as DOJ investigation continues

California Gov. Gavin Newsom is blaming politics for a Department of Justice investigation into his and his wife Jennifer Siebel Newsom's finances, bu...

Business

Housing affordability unlikely to return to more favorable levels of the past, economist says

The affordability of the U.S. housing market may not improve significantly over time for would-be homebuyers, with a new report suggesting that they s...