U.S. Postal Service reports $2.5 billion quarterly loss
The U.S. Postal Service reported a $2.5 billion quarterly loss as ongoing financial challenges continue.
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The U.S. Postal Service reported a $2.5 billion quarterly loss as ongoing financial challenges continue.
Berkshire Hathaway reports rising quarterly profits as new CEO Greg Abel begins deploying the company's cash hoard.
Californians buying their first zero-emission vehicle can now access new instant rebates.
The White House has restarted efforts to remove Federal Reserve Governor Lisa Cook following a Supreme Court ruling.
SK Hynix approved a massive chip plant investment, yet market reactions and broader implications remain heavily scrutinized.
Wendy's has withdrawn its financial outlook and halved its dividend amid falling sales and traffic headwinds.
The founder of Rockstar Energy acquires a significant stake in Celsius and seeks to become CEO.
Take-Two confirms the upcoming November release date for Grand Theft Auto VI remains on track during its Q1 2027 earnings.
Sweetgreen slashed its full-year outlook and lowered Q3 projections after a cyclospora outbreak derailed its sales recovery and widened losses.
Nintendo reports a massive profit spike driven by tariff refunds alongside continued hardware sales.
Merck raised its sales forecast while cutting profit guidance following recent acquisition charges.
Tyson Foods cuts its profit outlook as soaring beef prices and tight cattle supplies undermine the company's financial performance.
Colonel Sanders’s personal archive, former home, and original restaurant are set for public auction in Shelbyville.
PayPal shares are trending upward as the company surpasses earnings expectations and signals a potential openness to future buyout opportunities.
Tesla stock has erased a full year of gains following a difficult post-earnings week and an analyst downgrade.
UPS lifts its full‑year outlook despite a sharp drop in package volume, marking a pivot after shedding Amazon shipments.
SpaceX stock experiences significant market volatility, trading at a discount to its IPO price while analysts debate potential entry points for investors.
Investors face a fragmented market opening as cooling oil prices coincide with emerging debates over artificial intelligence development strategies.
YouTube Premium will integrate Peacock into its subscription bundle beginning in 2027 as part of a new global strategic partnership with NBCUniversal.
Cracker Barrel’s revival gains steam as a beloved biscuit chain changes hands and patrons report feeling at home.
A landmark bundling deal will put NBCUniversal’s Peacock behind YouTube Premium, reshaping premium streaming options.
Musk’s tunneling venture launches a $4 billion raise aiming for a $20 billion valuation after a steep dip in his personal fortunes.
A judge has halted the $111 billion merger between Paramount and Warner Bros., casting uncertainty over the media landscape.
Jersey Mike’s is moving toward an initial public offering, drawing attention to its expansion plans and the chain's origins under its longtime leader.
Shigeru Miyamoto argues that gaming industry priorities are shifting away from technical hardware specifications toward long-term value.
Seven Save A Lot grocery stores have permanently shuttered across Chicago's South and West sides, leaving residents searching for new food sources.
Tech leaders are identifying the specific professional profiles and skills required to succeed as agentic AI transforms industry operations.
Investors are weighing Amazon's stock potential ahead of July 30 as the company balances massive AI spending with AWS performance.
The FDA has approved the first oral medication designed to replace injectable treatments for high cholesterol.
The official launch of 'Trump Accounts' providing $1,000 for babies has sparked a national debate over wealth gap reduction and implementation delays.
Eligible Amazon Prime members face a fast-approaching July 27 deadline to claim refunds from a $2.5 billion FTC settlement.
A South Korean court has ordered SK Group Chairman Chey Tae-won to pay a multi-million dollar divorce settlement in a case dubbed the divorce of the century.
Intel shares are climbing as the chipmaker reports its fastest revenue growth in nearly 15 years, driven by a surge in data center demand.
Comcast reports Q2 2026 earnings success driven by Peacock profitability and wireless growth ahead of a planned corporate split.
European regulators have issued a $1 billion fine against Google, citing antitrust violations regarding its search engine and app store operations.
Nestle is divesting half of its water unit to Platinum Equity in a deal valued at $3.4 billion to form a new joint venture, Peranel.
Taco Bell has launched a $1 lettuce-free promotional campaign as the chain works to regain consumer trust following a parasite outbreak.
Debate intensifies over the viability and security implications of Chinese AI models as they gain traction in enterprise markets.
Supermicro stock surges as investors pivot to a $60 billion order backlog and improving margins despite soft revenue reports.
General Motors raises its 2026 outlook following a strong second-quarter earnings report driven by robust vehicle demand and cost-reduction efforts.
Moonshot AI's new Kimi K3 model is driving industry debate and significant fundraising interest as China’s AI sector faces rising compute constraints.
US day traders are increasingly adopting crypto perpetual futures following the opening of US markets to these highly leveraged products.
Market analysts are divided on whether the 'Magnificent Seven' stocks represent a sustainable revolution or a precarious financial bubble.
The 2026 Farnborough Airshow marks a strategic pivot as global conflicts shift the industry focus from aircraft to weaponry.
Mars Wrigley is ending its 86-year presence in Newark, resulting in the loss of 307 jobs.
Businesses are offering a wide array of freebies and discounts to celebrate National Ice Cream Day on July 19, 2026.
SpaceX shares have fallen below their IPO opening price, triggering a wave of bearish bets and analyst skepticism shortly after its public debut.
Netflix is transitioning from semiannual to annual engagement reporting, drawing mixed reactions from market analysts.
Operations at Northeast Ohio bakery Schwebel’s face closure after sale negotiations collapse and legal action regarding unpaid debt emerges.
Hyundai Motor Group is moving to consolidate full ownership of robotics firm Boston Dynamics by acquiring the remaining stake held by SoftBank.
AST SpaceMobile experiences stock volatility following a $1 billion convertible note offering and reports of a delayed service launch.
DeepSeek is accelerating financial growth with plans for new fundraising and a potential public listing in Shanghai.
ASML reports a strong second quarter, prompting the company to raise its 2026 outlook and accelerate capacity expansion due to persistent demand for AI chips.
OnePlus is reportedly ending its operations in the US and Europe, marking a significant shift for the smartphone brand.
Chick-fil-A is offering free food this week as part of its Cow Appreciation Day festivities.
SpaceX shares have dipped below their $135 IPO price, marking a new all-time low for the company.
Palantir faces internal and external scrutiny following reports of staff dissatisfaction and public controversy over company messaging.
Anthropic is extending free access to Claude Fable 5 for paid users through July 19.
Anthropic restores access to Mythos 5 following a period of restricted use, sparking debate over government regulation, AI safety, and the future of open models.
Volkswagen navigates potential plant closures and workforce reductions as leadership targets improved profitability across its global operations.