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Untangling the U.S. From China's Economy Is Messy
The effort to move supply chains out of China is complicated by intertwined Asian markets and Chinese dominance in clean-energy technology. Source link
Americans Feel Better About the Economy. Should We Believe Them?
Two key measures of consumer confidence offer a complicated view of economic sentiment. Source link
Sergey Brin Is Back in the Trenches at Google
Co-founder is working alongside AI researchers at tech giant’s headquarters, aiding efforts to build powerful Gemini system. Source link
United Airlines Scaling Back Flights at Newark Airport
The carrier is reassessing Newark, N.J., operations after June flight cancellations, while United and American boosted their profit forecasts as summer travel booms. Source link
AMC Drops Plan to Charge More for Better Seats
AMC Entertainment is ending a plan that adjusted ticket prices based on where viewers sat after a lackluster response from moviegoers. Source link
J&J Revenue Up on Surge in Heart Procedures
Net earnings at the pharmaceutical company rose 6.9% to $5.14 billion, or $1.96 a share. Source link
Facing Big Storm Losses, Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.
Tornado Damages Key Pfizer Drugmaking Plant
The plant in Rocky Mount, N.C., produces a quarter of the sterile injectable medicines used by U.S. hospitals. Source link
Investor Group Nears $125 Million Deal for CoinDesk
The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6. Source link
Walmart Cuts Walmart+ Subscription Price for SNAP, Social Security Recipients
The retailer will offer the subscription at half-price to people receiving food stamps or other types of government assistance in a bid to boost participation.