American Airlines Offers $4.2 Billion in Pay Increase for Flight Attendants to Avoid Strike

American Airlines agreed to allot $4.2 billion worth in pay and benefits to its flight attendants after agreeing on a tentative deal.


Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding

Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut...

G20 Reports Risks That Could Harm Global Economy, But Avoids Mentioning Ukraine and Gaza

G20 finance ministers and central bankers are optimistic about a "soft landing" for the global economy but warn of geopolitical risks, avoiding specific mentions of Ukraine and Gaza in their discussio..

US Inflation Up Slightly in June as Consumer Spending Slows Down Amid Declining Income Growth

U.S. inflation in June ticked up slightly to 2.5% annually, while consumer spending cooled, prompting expectations that the Federal Reserve may cut interest rates in September...


Latest News

Australia’s Live Music Industry Investigated by Government Inquiry
The Australian Parliament’s Standing Committee on Communications and the Arts heard evidence from a number of live music industry stakeholders, including Arts Queensland and QMusic.
UK Astronaut Tim Peake Joins Axiom Space in Bid to Launch All-Brit Mission
Commercial spaceflight company Axiom Space announced this week that they have welcomed retired British astronaut Tim Peake into its professional astronaut pool.
Nokia Phonemaker HMD Launches Project to Make Devices Child-Friendly
HMD, the Finnish phonemaker more known for the redevelopment of the Nokia mobile phone series, announced the launch of its Better Phone project, with an aim to make mobile devices safer and friendlier
Elon Musk Says Tesla’s Robotaxi Service to Launch on Oct. 10
Tesla CEO Elon Musk said that the company would be delaying the launch of its long-awaited robotaxi service on Oct. 10, around two months after the planned date.
Switzerland Orders Government Software to Become Open Source
Switzerland became one of the world’s first countries to mandate making its government website softwares to become open source with the implementation of the Federal Law on the Use of Electronic Measu
PA-Based Federal Judge Denies Blocking FTC’s Noncompete Ban
A Pennsylvania-based federal judge ruled to decline calls to block bans on noncompete agreements issued by the Federal Trade Commission, which was a divergence from an earlier decision at a Texas coun
FTC Investigates 8 Companies on ‘Surveillance Pricing’ Practices
The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual
Mark Zuckerberg’s Meta Reality Labs Loses $45 Billion in 4 Years As AR/VR Falls Short
Meta’s Reality Labs has reported $45 billion in losses over the past four years due to chaotic management and frequent leadership changes. Further losses are expected as the division struggles in a co
China to Launch World's First Flying Taxi as EHang Seeks Air Operator License
Chinese flying taxi company EHang has moved closer to launching its commercial air mobility services as China's Civil Aviation Administration begins reviewing its air operator certificate application.
Delta Continues Flight Cancellations Days After Global IT Outage, Amounting to $163 Million Loss
Five days after a global tech outage caused by CrowdStrike, Delta Air Lines is still struggling to recover as it reported over 6,000 flights canceled recently and an estimated financial impact of $163
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