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U.S. Cellular Owner Explores Sale
Business

U.S. Cellular Owner Explores Sale

The regional wireless carrier’s controlling shareholder says it is exploring strategic options for a business left behind by telecom’s consolidation wave. Source link

Congress Ended a Tax Break. How That May Help Higher Earners
Business

Congress Ended a Tax Break. How That May Help Higher Earners

Some people are being pushed into saving in Roth 401(k)s, but they may come out ahead despite losing a key tax deduction. Source link

Disney's ESPN Plots Its Streaming Future, Seeking Tie-Ups With Leagues and Rivals
Business

Disney's ESPN Plots Its Streaming Future, Seeking Tie-Ups With Leagues and Rivals

ESPN’s talks with potential strategic partners are touching on several roles the sports-TV giant could play in the streaming world, including as a major broadcaster

Airbnb Powers to Most Profitable Second Quarter on High Nightly Rates
Business

Airbnb Powers to Most Profitable Second Quarter on High Nightly Rates

Airbnb posted its most profitable second quarter ever, boosted by high nightly rates guests were willing to pay—in a sign that steep travel prices are

Triple-Digit Heat, but No Electric Bill? For Passive Homeowners, 'It's Hard to Go Back'
Business

Triple-Digit Heat, but No Electric Bill? For Passive Homeowners, 'It's Hard to Go Back'

Three side-by-side houses in Boston are designed to offer clean inside air, reduced emissions and little to no energy costs. Source link

Gucci Works Its Socks Off to Be Cool Again
Business

Gucci Works Its Socks Off to Be Cool Again

A big test for the fashion brand comes in September Source link

Why ChatGPT Is Getting Dumber at Basic Math
Business

Why ChatGPT Is Getting Dumber at Basic Math

Artificial-intelligence chatbots have stoked fears they could spin out of control, but they also suffer from a type of deterioration called ‘drift.’ Source link

Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal
Business

Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal

The Tel Aviv-based firm is embroiled in an alleged multibillion-dollar fraud involving faked letters of credit, and may fire its founders. Source link

Amazon Shines During Apple's Off-Season
Business

Amazon Shines During Apple's Off-Season

One tech titan snaps its growth slump, while the other remains mired in it. Source link

Inflation Is Cooling. Food Inflation Could Get Worse.
Business

Inflation Is Cooling. Food Inflation Could Get Worse.

Food prices have been rising rapidly for longer than central bankers had expected, and recent setbacks may prolong the agony. Source link