Moody's warns it could downgrade Israel's credit rating because of war with Hamas
Moody's Investors Service warned Thursday it could downgrade Israel's credit rating due to the severity of the military conflict with Hamas.
2023-10-20 05:52
Costco's longtime CEO steps down
Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.
2023-10-19 21:48
Harvard and UPenn donors are furious. It may have a financial domino effect
Influential donors to Harvard University and the University of Pennsylvania say they will cut their ties to the schools in protest of college administrators' response to alleged anti-Israel speech and antisemitism on campuses in the wake of Hamas' terror attacks.
2023-10-19 21:27
AirAsia chief Tony Fernandes criticized after posting shirtless massage photo on LinkedIn
AirAsia boss Tony Fernandes has created a firestorm on social media after sharing a photo of himself receiving a massage topless during a management meeting.
2023-10-19 20:47
GM and Honda team up on autonomous ride service for Japan
General Motors and Honda, along with Cruise — GM's autonomous driving subsidiary — have agreed to create a driverless ride-hailing company in Japan. The company will use the Cruise Origin autonomous vehicle to give rides in Tokyo, Japan's largest city. The companies plan to begin providing services in 2026.
2023-10-19 12:16
UPenn crisis deepens: Former trustee calls for president to resign as donors bail
Former University of Pennsylvania trustee Vahan Gureghian is calling for Liz Magill, the Ivy League school's president, to step down and warned the backlash from powerful donors will likely get worse over a growing uproar over how the school has dealt with allegations of antisemitism on campus.
2023-10-19 08:18
Delta Air Lines scales back changes to its loyalty program after a revolt by customers
Delta Air Lines will move more slowly in tweaking its frequent-flyer program after customers complained loudly about changes the airline announced back in September
2023-10-19 06:24
Netflix stock surges after it announces price hikes and a boost in subscribers
Netflix announced price increases Wednesday for some subscription tiers in the United States, United Kingdom and France.
2023-10-19 04:58
Tesla third-quarter earnings slow, missing forecasts
Tesla reported a drop in third quarter earnings as the electric vehicle maker fell short of Wall Street expectations.
2023-10-19 04:49
Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list
Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring efforts.
2023-10-19 02:23
'Deeply ashamed.' Another major UPenn backer halts donations and calls on other Jews to do the same
Venture capitalist David Magerman is the latest major donor to the University of Pennsylvania cutting off financial support to the Ivy League school, and he's calling for all "self-respecting" Jews to do the same.
2023-10-19 00:49
To speed up boarding, United Airlines starts seating passengers with window seats first in economy
United Airlines says that it will start boarding passengers in economy class with window seats first starting next week, a move that will speed up boarding times for flights
2023-10-18 23:47