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MORE FROM BUSINESS

19h ago

Powell indicates further, smaller rate cuts, insists the Fed is 'not on any preset course'

Powell said if the economic data remains consistent, two smaller, quarter-percentage-point rate cuts are likely this year.
Fed Chair Jerome Powell
Fed Chair Jerome Powell
21h ago

Michigan nuclear plant finalizes federal loan to support first reactor restart in U.S. history

Restarting the reactor at Palisades would be a milestone for the nuclear industry after a decadelong wave of reactor shutdowns in the U.S.
The Palisades nuclear power plant on the shore of Lake Michigan in 2017.
The Palisades nuclear power plant on the shore of Lake Michigan in 2017.
23h ago

Ford aims to boost EV sales, address owner concerns with new benefits program

The “Ford Power Promise” program begins Tuesday for customers who purchase or lease new Ford EVs such as the F-150 Lightning truck or Mustang Mach-E.
 Ford Mustang Mach-E electric sports utility vehicle  on display
 Ford Mustang Mach-E electric sports utility vehicle  on display

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

The union suspended talks with the USMX in June over issues including use of automation at ports and wages.
Shipping containers at PortMiami
Shipping containers at PortMiami
2d ago

Richard Branson champions dyslexic education with new university

Branson says he’s learned to embrace his dyslexia as a “superpower.”
dyslexic university u kate griggs richard branson
dyslexic university u kate griggs richard branson
2d ago

Pets are traveling more, and companies are giving owners a longer leash

As cat and dog owners take their animals on trips more often, hotels and airlines are raising fees and rolling out more services to accommodate them.
Shelly Suarez waits with her dog, Maxine, near the JetBlue counters at Reagan National Airport
Shelly Suarez waits with her dog, Maxine, near the JetBlue counters at Reagan National Airport

Sam Altman tells OpenAI staff there's no plan for him to receive 'giant equity stake' in company

Altman said the departures were not related to the company’s potential restructuring, contrary to some media reports.
Sam Altman.
Sam Altman.

Trademark dispute emerges over Tiger Woods' new logo

TaylorMade Golf, the company behind Sun Day Red, told CNBC, “We have full confidence in the securitization of our trademarks.”
Tiger Woods speaks
Tiger Woods speaks
4d ago

The U.S. wants to triple nuclear power by 2050. America's coal communities could provide a pathway.

The U.S. currently maintains the largest nuclear fleet in the world with 94 operational reactors totaling about 100 gigawatts of power.
The AEP Coal-Fired John E. Amos Power Plant As EPA Reviews MATS
The AEP Coal-Fired John E. Amos Power Plant As EPA Reviews MATS

Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

The bank is accused of failing to kick criminal accounts off its platform and failing to compensate some scam victims.
 Jamie Dimon points while speaking
 Jamie Dimon points while speaking
4d ago

Key Fed inflation gauge at 2.2% in August, lower than expected

Though the inflation numbers indicated continued progress, the personal spending and income numbers both came in light.
NYC shoppers.
NYC shoppers.