US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half
Global energy costs have climbed as the conflict in the Middle East squeezes global oil supplies.
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Costco says claims against its $5 rotisserie chicken ‘fatally flawed’
Costco is asking the court to dismiss the complaint.
OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut
OpenAI says it hasn’t decided on timing yet, as there are advantages to staying private.
Stocks slip on Wall Street big tech falls
Stocks slipped on Wall Street on Friday as big technology stocks lost ground and weighed down the broader market.
Would-be buyer backed out of bid for San Diego’s downtown operations building
The only developer that bid on the mostly vacant and run-down City Operations Building walked away from negotiations with the city of San Diego earlier this year.
SpaceX’s IPO is set to be the biggest ever and could make Elon Musk a trillionaire
The company, formally known as Space Exploration Technologies Corp., said Wednesday it will sell 555.6 million shares at $135 a piece.
Ford is recalling nearly 420,000 vehicles for a seat belt issue
Ford is recalling almost 420,000 vehicles, including the Expedition, due to a seat belt issue that may result in injury if a crash occurs.
Macy’s raises annual outlook after the fourth straight quarter of sales gains
Macy’s reported its fourth consecutive quarter of comparable sales gains as an overhaul of merchandise and customer service drove spending.
Wall Street poised to open lower even as AI and data center companies soar on still-hot demand
Markets on Wall Street tipped toward losses before the opening bell even as some technology companies saw their shares post big gains.
Billionaire media mogul’s company offers to buy MGM Resorts in $18B deal
MGM is the largest casino operator on the Strip; Caesars is the second largest.