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More New York Flight Cuts Expected Amid Air-Controller Shortages
Business

More New York Flight Cuts Expected Amid Air-Controller Shortages

Delays and cancellations could increase without flying reductions, the FAA said. Source link

Warner Bros. Cuts Profit Outlook as Hollywood Strikes Drag On
Business

Warner Bros. Cuts Profit Outlook as Hollywood Strikes Drag On

It is now targeting full-year adjusted earnings, before interest, taxes, depreciation and amortization, of $10.5 billion to $11 billion, down by $500 million. Source link

Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending
Business

Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending

Google’s parent is focusing on turning companies that are developing ambitious technology into commercial successes. Source link

Amazon Cuts Dozens of House Brands
Business

Amazon Cuts Dozens of House Brands

The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as it works to fend off

Weight-Loss Drug Wegovy Cuts Heart Risk in New Study
Business

Weight-Loss Drug Wegovy Cuts Heart Risk in New Study

Novo Nordisk’s anti-obesity drug reduced people’s risk of suffering heart attacks, strokes and cardiovascular deaths by 20%. Source link

Congress Faces Crunchtime in Fight on Spending Cuts
Business

Congress Faces Crunchtime in Fight on Spending Cuts

After the summer break, lawmakers on Capitol Hill will need to pass spending bills by Oct. 1 to avoid a government shutdown. Source link

Elon Musk's Rebranded Twitter Cuts Ad Prices
Business

Elon Musk's Rebranded Twitter Cuts Ad Prices

The social-media site X is offering hefty discounts to lure back ad dollars Source link

GM Again Lifts Its Profit Outlook, Plans More Cost Cuts
Business

GM Again Lifts Its Profit Outlook, Plans More Cost Cuts

The automaker says buyers are willing to pay for pricier models and features. Source link

Podcast Cuts, Higher Music Royalties Deepen Spotify Losses
Business

Podcast Cuts, Higher Music Royalties Deepen Spotify Losses

The streaming giant booked its strongest-ever quarter for user growth. Source link