Business

Stephen Brashear/Getty Images (NEW YORK) — Boeing has paid Alaska Air Group approximately $160 million in compensation following the door plug incident on Alaska flight 1282, according to an SEC filing from the carrier. Alaska said the money is “initial compensation” from Boeing “to address the financial damages incurred as a result of Flight 1282 […]

People watch the Annular Solar Eclipse with using safety glasses in Brownsville, Texas on Oct. 14, 2023. (Mike Gonzalez/Anadolu via Getty Images) (NEW YORK) — A fully booked hotel in Maine said it received its first request from a solar eclipse tourist five years ago. A portable toilet vendor in Indiana said it is doing […]

d3sign/Getty Images (NEW YORK) — As avian flu continues to spread in birds across the United States, a major chicken egg manufacturer has temporarily halted production after the highly contagious disease was detected at its facilities. Cal-Maine Foods, Inc., the nation’s largest producer and distributor of fresh eggs, announced the positive test result for highly […]

Justin Sullivan/Getty Images (WASHINGTON) — The Federal Reserve will see if inflation moves beyond its current rough patch before imposing highly anticipated interest rate cuts, Fed Chair Jerome Powell said on Wednesday. Addressing a business conference at Stanford University, Powell touted progress in the fight to cool price increases while acknowledging that such headway had […]

VALERIE MACON/AFP/Getty Images (NEW YORK) — Disney shareholders on Wednesday rejected board nominees allied with activist investor Nelson Peltz, ending a combative, months-long proxy battle centered on the company’s navigation of the topsy-turvy onset of the streaming era. A majority of shareholders instead voted in support of a 12-person slate of board nominees put forward […]

onurdongel/Getty Images (NEW YORK) — As airlines continue to update baggage policies and everywhere from fast food chains to theme parks introduce dynamic pricing, JetBlue is combining the two business trends by introducing a new peak and off-peak payment structure for passengers. The New York-based airline, which first increased its checked bag fees in February […]

RapidEye/Getty Images (NEW YORK) — Trump Media & Technology Group is attempting to force two of the company’s co-founders to forfeit their shares and give up any claim to the company’s leadership. Trump’s social media company filed the lawsuit against Wesley Moss and Andrew Litinsky — co-founders and former Apprentice contestants — in a Florida […]

Anna Barclay/Getty Images (NEW YORK) — Shares of former President Donald Trump’s social media platform dropped more than 20% on Monday after the company disclosed a net loss at the end of last year of more than $58 million. The decline erased $2 billion in value and, with it, the value of Trump’s majority stake […]

Royalty-free/Getty Images (NEW YORK) — The Powerball is expected to climb to $975 million for Monday night’s drawing after no ticket won the jackpot in Saturday night’s drawing, the lottery said. The numbers drawn for Saturday’s $935 million Powerball jackpot were: 12, 13, 33, 50, 52 and red Powerball 23. The power play was 3. […]

The 2024 Kia Telluride. — Kia (NEW YORK) — Kia’s K4 sedan, a sleek, compact four-door that debuted this week at the New York International Auto Show, has stiff competition — mainly from the Korean brand’s own sport-utility vehicles and crossovers. American drivers, however, may soon become enamored with the sedan’s fastback styling and airy […]