Mainly Cloudy 4°. Wind Chill: -11°. Wind: NE 8 mph.
Loading advertisement…
Trending: US storm leaves 160,000 without power, forces thousands of flight cancellations
HomeNewsNationalBusiness ( Page 219)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

One Tech Tip: How to prepare for outages that impact our online lives, from banking to chatting apps

NEW YORK (AP) — A major Amazon Web Services outage disrupted scores of online platforms on Monday — leaving people around the world unable to access some banks, chatting apps, online food ordering and more. History shows these kinds of system outages can be short-lived, ...
by

What to know about the Amazon cloud outage that exposed the internet’s vulnerable backbone

A massive internet outage stemming from errors in Amazon cloud services on Monday morning demonstrated just how many people rely on the corporate behemoth’s computational infrastructure everyday — and laid bare the vulnerabilities of an increasingly concentrated system. But despite its omnipresence, most users ...
by

Cards Against Humanity and Elon Musk’s SpaceX reach settlement over alleged trespassing in Texas

SpaceX has settled a lawsuit filed by the maker of the popular party game Cards Against Humanity over accusations that Elon Musk’s rocket company trespassed and damaged a plot of land the card company owns in Texas. Texas court records show a settlement was ...
by

Disney+ and Hulu cancellations rose after ABC briefly pulled ‘Jimmy Kimmel Live!’

NEW YORK (AP) — Disney+ and Hulu subscription cancellations rose during the month that ABC briefly cancelled “Jimmy Kimmel Live!, ” according to data from subscription analytics company Antenna. Walt Disney Co. owns the streaming platforms and ABC. ABC pulled the show off the air ...
by

Investor behind Zions, Western Alliance bad loans is tied to $270 million in troubled debt

By Douglas Gillison, Saeed Azhar, Anirban Sen and Chris Prentice WASHINGTON/NEW YORK (Reuters) – A little-known California real estate investor behind bad loans disclosed by Zions Bancorp and Western Alliance also faces lawsuits by Banc of California and two other lenders, ...
by

W.R. Berkley third-quarter profit rises on investment gains, steady underwriting

(Reuters) -Commercial insurer W. R. Berkley reported a rise in third-quarter profit on Monday, boosted by robust investment gains and steady underwriting performance. Resilient consumer spending despite higher borrowing costs has helped sustain insurance demand, as businesses and households continue to prioritize protection against financial ...
Loading advertisement…
by

Zions Bancorp’s quarterly profit rises on interest income; offsets loan loss

(Reuters) -Zions Bancorp reported a rise in third-quarter profit on Monday, helped by stronger income from interest, despite taking a hefty loss on two loans, sending shares of the bank up 2.5% in after-market trading. Zions disclosed last week that it would take ...
by

General Dynamics gets $3.5 billion scout vehicle contract from Germany

(Reuters) -General Dynamics said on Monday that its Europe unit has secured a contract for about 3 billion euros ($3.50 billion) to deliver next-generation reconnaissance vehicle for the German Army Reconnaissance Corps. The contract was commissioned to General Dynamics European Land Systems by the Federal ...
by

Another wave of ‘buy the dip’

By Jamie McGeever ORLANDO, Florida (Reuters) -Wall Street and most global equity benchmarks rose sharply on Monday, as optimism around U.S. earnings and easing global trade tensions offset some of last week’s worries over frothy asset prices, private credit markets and U.S. regional banks. More on ...
by

Apple’s rally pulls Wall Street to the cusp of its record

NEW YORK (AP) — U.S. stocks rallied on Monday to the cusp of their records. The S&P 500 climbed 1.1% and pulled within 0.3% of its all-time high set earlier this month. The Dow Jones Industrial Average jumped 515 points, or 1.1%, and the ...
by

Proxy firm Glass Lewis joins ISS in urging vote against Musk’s $1 trillion pay package

(Reuters) -Proxy firm Glass Lewis has recommended that Tesla shareholders vote against the proposed $1 trillion pay package for CEO Elon Musk, days after ISS also urged investors to reject what might be the largest-ever compensation plan awarded to a company chief. The Glass Lewis ...
by

US business lobby urges Trump to end new curbs on exports to China

By Alexandra Alper WASHINGTON (Reuters) -A lobbying group whose board includes U.S. firms like Oracle, Amazon.com and Exxon Mobil is urging the Trump administration to immediately suspend a rule it says halted billions of dollars’ worth of U.S. exports and will prompt China and other countries ...
First Previous215216217218219220221222223Next Last