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2024-08-21

Boeing pauses tests of 777X aircraft after finding damage to one of the jets’ structures

A Boeing 777x aircraft during an aerial display on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022. Jason Alden | Bloomberg | Getty Images Boeing said Monday that it has paused flight tests of its 777X after it found damage in a structure of one of the wide-body aircraft. The company…

2024-08-20

Former New York Rep. George Santos pleads guilty to wire fraud

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Former New York Rep. George Santos pleaded guilty Monday in federal court in Long Island to committing wire fraud and aggravated identity theft. Santos, a Republican, had been set to begin trial next month on a 23-count superseding indictment accused him of wire fraud, identity theft, and making false statements to the Federal Election Commission. The 36-year-old disgraced ex-congressman,…

2024-08-20

Fed survey shows lows in employment and dissatisfaction with pay

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Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty Images In another sign of cracks forming in the U.S. labor market, a New York Federal Reserve survey Monday showed a slide in people reporting they are employed, a surge in those looking…

2024-08-20

GM lays off more than 1,000 salaried software and services employees

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A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT — General Motors is laying off more than 1,000 salaried employees globally in its…

2024-08-20

Trump, Harris inflation arguments questionable: Chicago Fed president

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Austan Goolsbee speaking at Jackson Hole on Aug. 8, 2023. David A. Grogan | CNBC Chicago Federal Reserve President Austan Goolsbee on Sunday warned against misrepresenting the inflationary impacts of corporate price hikes and tariffs, which have become focal points of the Trump and Harris campaigns’ economic platforms. Goolsbee steered away from directly speaking on the presidential race given…

2024-08-19

Incoming Starbucks CEO Brian Niccol may target mobile app

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Mobile order and Uber Eats and Doordash delivery pick up area at Starbucks coffee shop, Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images It’s become a familiar sight at Starbucks cafes: a counter crowded with mobile orders, frustrated customers waiting for the drinks they ordered and overwhelmed baristas trying to keep up with…

2024-08-19

Why Walgreens, CVS retail pharmacies are struggling

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The abundance of Walgreens and CVS Health stores makes them convenient for whenever Shriya Raghavan, a research associate based in Philadelphia, needs to pick up necessities like gum, deodorant and soap. But she said she often has to wait for employees to unlock cabinets or stand in lengthy lines to pick up prescriptions as pharmacists juggle tasks. Those are…

2024-08-19

Mom who co-signed student loan for daughter fears losing her home

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Kumikomini | Istock | Getty Images In 2004, Sabrina Finch returned to school to become a nurse. Her mother, Rebecca, was excited for Sabrina, then in her early 30s, to finally have a career. She’d watched for years as Sabrina struggled to get by working low-wage jobs, including in fast-food restaurants and factories. As a result, when Sabrina took…

2024-08-19

Amazon’s drone expansion plans spur pushback from Texas residents

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An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP | Getty Images On a recent weekday morning, John Case heard a familiar buzzing outside his quiet suburban home in College Station, Texas. He recognized it immediately as one of Amazon‘s Prime Air drones, whizzing…

2024-08-18

‘Deadpool & Wolverine’ is highest-grossing R-rated film of all time

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Hugh Jackman and Ryan Reynolds star in Marvel’s “Deadpool & Wolverine.” Disney The trio of Ryan Reynolds, Hugh Jackman and Shawn Levy has captured lightning in a bottle with “Deadpool & Wolverine.” As of Thursday, the Disney and Marvel film is the highest-grossing R-rated title of all time, surpassing Warner Bros.’ “Joker.” With $516.8 million in domestic ticket sales…

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Business

Boeing pauses tests of 777X aircraft after finding damage to one of the jets’ structures

Former New York Rep. George Santos pleads guilty to wire fraud

Fed survey shows lows in employment and dissatisfaction with pay

GM lays off more than 1,000 salaried software and services employees

Trump, Harris inflation arguments questionable: Chicago Fed president

Incoming Starbucks CEO Brian Niccol may target mobile app

Why Walgreens, CVS retail pharmacies are struggling

Amazon’s drone expansion plans spur pushback from Texas residents

‘Deadpool & Wolverine’ is highest-grossing R-rated film of all time

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