Month June 2024

Jury begins deliberations in class-action lawsuit against NFL by ‘Sunday Ticket’ subscribers

The NFL was exploring a world without “Sunday Ticket” in 2017, where cable channels would air Sunday afternoon out-of-market games not shown on Fox or CBS.

Tesla ordered to fix poor air quality at a California facility

A California regulator has ordered Tesla to correct conditions that have led to several air quality violations at its Fremont, California, factory.

Apple says its AirPods headphones are vulnerable to hackers’ eavesdropping

Vice President Kamala Harris was right to be concerned: Tech giant Apple acknowledged this week that its AirPods wireless headphones are vulnerable to hackers, years after Ms. Harris first caught grief for sticking with the old-fashioned wired headphones.

Mom claims she was kicked off a plane for misgendering a flight attendant

A Texas woman alleges she was removed from a United Airlines flight after she accidentally misgendered a flight attendant.

Taiwan issues travel advisory after China vows to execute independence supporters

The Taiwanese government warned its citizens not to travel to mainland China on Thursday after Beijing threatened to execute residents who support the island’s independence. Taiwan’s Mainland Affairs Council spokesman Liang Wen-chieh issued the warning during a routine press conference…. Continue Reading →

Wall Street tilts toward losses ahead of a key U.S. inflation report

Wall Street pointed toward losses early Thursday ahead of U.S. inflation data being released this week, which might illuminate the way ahead for interest rates.

U.S. weekly jobless claims fall, but the total number collecting benefits is the most since 2021

Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years.

U.S. economic growth for last quarter is revised up slightly to a 1.4% annual rate

The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said Thursday in a slight upgrade from its previous estimate. Consumer spending grew at just a 1.5% rate,… Continue Reading →

Walgreens slashes full-year outlook, announces significant store closures

Pharmacy chain Walgreens announced Thursday that it would close a significant number of its U.S. stores, after cutting its full-year profit outlook.

Supreme Court rules against Purdue Pharma bankruptcy deal shielding family behind OxyContin

The Supreme Court ruled Thursday that the bankruptcy code cannot shield the Sackler family — who is behind the highly addictive pain medication OxyContin — from lawsuits without the consent of all the affected victims.

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