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Stubborn Inflation Means More Pain for the U.K.
Business

Stubborn Inflation Means More Pain for the U.K.

Consumer prices in the U.K. continue to rise at a faster rate than in most other rich countries, threatening fresh hardship for millions of voters

Tesla to Report Second-Quarter Earnings Fueled by Sales Growth
Business

Tesla to Report Second-Quarter Earnings Fueled by Sales Growth

Analysts are looking to see the impact of price cuts on the EV maker’s bottom line. Source link

Victims of Cyberattack on File-Transfer Tool Pile Up
Business

Victims of Cyberattack on File-Transfer Tool Pile Up

The list of companies hit by a cyberattack on a widely used software tool continues to expand and several victims have filed lawsuits alleging mishandling

Homeowners Don't Want to Sell, So Home Builders Are Booming
Business

Homeowners Don't Want to Sell, So Home Builders Are Booming

High mortgage rates are dissuading sellers, leaving new construction the only game in town. ‘There was no inventory on the existing market, so everybody was

The Biggest Holdouts on the Five-Day Office Week: Bosses
Business

The Biggest Holdouts on the Five-Day Office Week: Bosses

Nearly half of the most senior workers are holding fast to their work-from-home days. Source link

AT&T Halts Plans to Remove Lead Cables in Lake Tahoe
Business

AT&T Halts Plans to Remove Lead Cables in Lake Tahoe

Company estimates lead-clad cables represent less than 10% of its legacy phone network. Source link

Tech Stocks, Meme Stocks, Crypto: Investors Are Feeling Bold Again
Business

Tech Stocks, Meme Stocks, Crypto: Investors Are Feeling Bold Again

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Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Business

Wall Street Wrestles With Dealmaking, Trading Slump

Morgan Stanley said second-quarter profit fell 13% from a year ago, driven by a 22% decline in trading revenue. Source link

Microsoft and Activision Blizzard Still Committed to $75 Billion Merger
Business

Microsoft and Activision Blizzard Still Committed to $75 Billion Merger

The companies plan to continue work to resolve lingering regulatory issues as the deadline to close the merger approaches. Source link

Thousands of Authors Ask AI Chatbot Owners to Pay for Use of Their Work
Business

Thousands of Authors Ask AI Chatbot Owners to Pay for Use of Their Work

James Patterson and Margaret Atwood are among writers who have joined the call for compensation. Source link