Business

(NEW YORK) — Aviation industry executives gathered in Dubai for the annual International Air Transport Association meeting this week, where they revealed that despite record high profit projections, airfare will continue to climb in the coming months. The group says its pricing prediction is partly due to global inflation and long-term recovery from massive groundings […]

Karl Tapales/Getty Images (NEW YORK) — AT&T has resolved the “interoperability issue between carriers” customers were experiencing on Tuesday, the company said in a statement. Customers began reporting a “nationwide issue that is affecting” their ability to call non-AT&T users, AT&T said at the time. The company later clarified the network “did not experience a […]

(WASHINGTON) — The Department of Justice and Environmental Protection Agency announced the largest ever fine under the Animal Welfare Act on Monday, totaling more than $35 million in criminal fines, donations and costs to upgrade their operations to be paid by a company that surrendered 4,000 beagles from a dog breeding facility in Virginia in […]

(NEW YORK) — Shares of GameStop climbed more than 75% in early trading on Monday, triggering a halt in markets multiple times on account of the volatility. The rally softened over the ensuing hours, but the price remained up 30% into the late morning. The surge followed the reemergence on Sunday of a Reddit account […]

Klaus Vedfelt/Getty Images (NEW YORK) — Live Nation, the parent company of Ticketmaster, revealed Friday evening that it was the victim of a cyber attack that compromised user data. The company said in a filing with the U.S. Securities and Exchange Commission that it discovered an “unauthorized activity within a third-party cloud database,” on May […]

In an aerial view, Royal Caribbean’s Icon of the Seas, billed as the world’s largest cruise ship, heads out to sea for its second voyage from PortMiami, Feb. 3, 2024, in Miami. (Joe Raedle/Getty Images) (NEW YORK) — Mega ship cruise line Royal Caribbean International is making waves rolling out an industry-first status matching program […]

(NEW YORK) — The stock price of former President Donald Trump’s social media platform Truth Social made turbulent swings in the aftermath of his conviction in a New York court on Thursday. A jury found Trump guilty of 34 felony counts of falsifying business records in an effort to conceal hush money payments made to […]

A sign is displayed on a wall at the former Anchor Brewing Company brewery on May 31, 2024 in San Francisco, California. (Justin Sullivan/Getty Images) (NEW YORK) — Beer drinkers rejoice, Chobani CEO Hamdi Ulukaya has officially acquired Anchor Brewing Company in a move that will save the 127-year legacy business. Craft beer fans everywhere […]

(NEW YORK) — Orange production in two top growing regions has been plagued by diseased fruit and bad weather, a combination that’s prompted all-time high prices and left juice makers to consider other citrus varietals to supplement in the widely consumed breakfast beverage. Along the citrus belt of São Paulo and Minas Gerais in Brazil, […]

wera Rodsawang/Getty Images (NEW YORK) — The cost of child care in the U.S. is rising at nearly double the pace of overall inflation, according to a new report by tax firm KPMG. Between 1990 and April 2024, the cost of day care and preschool rose 263%, according to KPMG. The consumer price index, the […]