Microsoft reports $20.1B quarterly profit as it promises to lead "the new AI platform shift"
Microsoft on Tuesday reported fiscal fourth-quarter profit of $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share
2023-07-26 04:20
Court says OxyContin maker's bankruptcy and protections for Sackler family members can move ahead
OxyContin maker Purdue Pharma can start its transformation under a bankruptcy agreement that allows the members of the wealthy Sackler family who own the company to avoid civil lawsuits over the opioid crisis, a court has ruled
2023-07-26 03:55
Oklahoma attorney general joins lawsuit over tribal gambling agreements, criticizes GOP governor
Oklahoma's new Republican attorney general says he's stepping into an ongoing legal dispute over tribal gambling agreements signed by Gov. Kevin Stitt several years ago
2023-07-26 03:48
SAG-AFTRA holds star-studded rally in Times Square
SAG-AFTRA held its largest and most star-studded rally yet on Tuesday in Times Square
2023-07-26 02:59
Engines on some Airbus jets with Pratt & Whitney engines will need to be removed and inspected
Some Airbus passenger jets will need to have their engines removed and inspected in the coming months because engine maker Pratt & Whitney is finding a problem with metal powder used in some parts
2023-07-26 02:29
Massachusetts rejects request to discharge radioactive water from closed nuclear plant into bay
Massachusetts environmental regulators have denied a request by the company dismantling a shuttered nuclear power plant to release more than 1 million gallons of radioactive wastewater into Cape Cod Bay
2023-07-26 01:53
IMF global economic outlook sees slight growth, but inflation still a drag
The International Monetary Fund is projecting that global economic growth will see a slight improvement compared to its previous projections but cautions that many challenges still cloud the horizon
2023-07-26 01:26
Lawmakers press for more scrutiny over China's 'malign influence' at development bank
Lawmakers intent on reducing China’s influence on the U.S. economy are seeking to push the Treasury Department to reduce the scale of Beijing’s influence at the Inter-American Development Bank, which supports economic and social development in Latin America and Caribbean
2023-07-26 01:00
Mattel renews licensing deal with Warner Bros. Discovery
Toy maker Mattel is renewing its licensing deal with Warner Bros
2023-07-26 00:56
UPS reaches tentative contract with 340,000 unionized workers potentially dodging calamitous strike
UPS has reached a contract agreement with its 340,000-person strong union Tuesday, averting a strike that had the potential to disrupt logistics nationwide for businesses and households alike
2023-07-26 00:29
Nigeria's suspended Central Bank governor appears in court more than a month after his arrest
Nigeria's suspended Central Bank governor has appeared in court in the economic hub of Lagoon on charges of illegal possession of a firearm and live ammunition
2023-07-26 00:26
Poland's population constantly shrinking despite pro-family policy
Poland's state statistical office says that the nation has shrunk again to just under 37.7 million in June despite returning emigrants
2023-07-25 23:24