CEO of royal banker Coutts resigns amid furor over closure of politician Nigel Farage's account
The chief executive of Coutts Bank has stepped down amid the furor surrounding populist politician Nigel Farage’s complaints that his account was closed because of his political views
2023-07-27 22:56
Leading MedTech Company SpineX Releases Groundbreaking Results of New Cerebral Palsy Therapies
LOS ANGELES--(BUSINESS WIRE)--Jul 27, 2023--
2023-07-27 22:45
US economy accelerated unexpectedly to a 2.4% growth rate in April-June quarter despite Fed hikes
The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation
2023-07-27 21:59
Soaring labor costs at Southwest Airlines overshadow record revenue as summer travel revs up
Southwest Airlines is reporting a $683 million profit for the second quarter, and revenue is a quarterly record as planes are packed during the peak summer travel season
2023-07-27 21:56
Norfolk Southern says cost of fiery Ohio derailment doubles to $803 million as cleanup continues
The costs associated with Norfolk Southern's fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess and moves forward with all the related lawsuits
2023-07-27 21:56
Stock market today: Wall Street rallies as economy keeps growing and profits keep rising
Stocks are rallying on Wall Street following fatter-than-expected profit reports from big companies and the latest signals that the economy continues to defy predictions for a recession
2023-07-27 21:52
Rescuers in Indonesia try to reach 8 workers trapped in an illegal mining hole
Indonesian rescuers are trying to save eight miners who have been trapped at an illegal mining area in Indonesia’s main island of Java, The joint search and rescue team is racing against time Thursday as they suck water out from the hole using six water pump machines
2023-07-27 20:53
Weekly US applications for jobless benefits slide to lowest level in 5 months
The number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the U.S. labor market continues to defy the Federal Reserve’s attempts to cool it off
2023-07-27 20:49
McDonald's posts surprisingly strong sales after "happy birthday" Grimace campaign goes viral
McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales
2023-07-27 19:28
Shell earnings top $5 billion. But that's nearly half what it pulled in months ago
Shell has reported that it earned nearly $5.1 billion in the second quarter
2023-07-27 19:20
TemperPack Hires Renewable Energy Leader Peter Wells as Chief Executive Officer
RICHMOND, Va.--(BUSINESS WIRE)--Jul 27, 2023--
2023-07-27 18:50
EU opens antitrust investigation against Microsoft over Office and videoconferencing Teams bundling
The European Union is opeing a formal antitrust investigation targeting Microsoft into the software company’s Teams messaging and videoconferencing app over concerns that its bundling with its Office productivity sofware suite gives it an unfair edge over competitors
2023-07-27 18:19