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Southwest prompts federal probe after flight departs from closed runway

The incident occurred early Tuesday morning at Portland International Jetport in Maine. 

Nike plans $100-and-less shoe line after shares plummet following sales slump prediction

The world's largest athletic apparel retailer is aiming to compete with its more affordable rivals to counteract a sales slump.

Costco customers fume over key change to $4.99 rotisserie chicken: 'Hated everything about it'

In March, Costco started using cost-conscious and environmentally friendly plastic bags instead of the hard plastic containers.

Warren Buffett donates record $5.3B Berkshire shares to these five charities

Buffett, 93, plans to give away more than 99% of the fortune he built at Berkshire, which he has run since 1965, with his children serving as executors of his...

Tractor Supply ends 'woke' DEI, climate change policies after boycott campaign

Tractor Supply said it will eliminate DEI roles, end its carbon emissions goals and cut ties to an LGBTQ advocacy group following a social media campaign.

Amazon probing AI startup for 'scraping' websites without permission: report

Scrutiny of Perplexity’s practices has intensified after Forbes accused the company of “directly ripping off” articles written by its reporters.

Drug prices soar nearly 40% over past decade, surpassing inflation: study

As Americans shoulder the burden of prescription costs, they face higher copays, coinsurance and deductibles, according to GoodRx.

Apple stages huge comeback in China as iPhone shipments surge 40%

The jump in Apple's sales follows a weak performance by the tech giant in the world's biggest smartphone market earlier this year.

Trump Media stock surges following Biden's disastrous debate

Trump Media and Technology Group saw its stock price surge by around 11% in pre-market trading on Friday.

WSJ editor-in-chief feels vindicated over coverage of Biden's age, mental 'slipping': report

The Wall Street Journal's editor-in-chief said she felt vindicated over her publication's coverage of President Joe Biden's "slipping" mental acuity.

Fed's preferred inflation gauge rose 2.6% in May in signal that prices could be easing

Economists had expected the report to show a modest easing of inflation to 2.6% in May, following a 2.7% reading in April.

Costco plans to build 800-unit apartment complex in bid to ease housing crisis

The plans include a gym, multi-purpose spaces, gardens, a rooftop pool, landscaping and a large parking lot.

Nike posts surprise drop in sales, sending shares tanking: Slowdown 'hard to ignore'

Even though Nike has outlined a plan to streamline its portfolio, analysts note that it would be some time before the sportswear company can revive demand as innovation and launches of new product lines take...

NYC members-only club seeks $600M in fraud suit against developer Michael Shvo

The lawsuit alleges that Michael Shvo lured the glamorous, business-and cultural-focused Core Club to 711 Fifth Ave. – a  building he claimed to own – with “sinister and fraudulent”  schemes.

Target pushes shoplifting crackdown by telling employees to stop thefts worth at least $50

Target plans to crack down on retail theft by lowering the threshold for how much shoplifters can swipe before employees are allowed to finally step in.

NFL ordered to pay $4.7 billion in 'Sunday Ticket' antitrust lawsuit

The NFL has been ordered to pay $4.7 billion for violating antitrust laws with its "Sunday Ticket" package.

Feds charge nearly 200 doctors, nurses and others in $2.75B health care scam

The two-week operation ensnared defendants accused of illegally distributing millions of pills of the stimulant Adderall.

H&M shares drop 13% after CEO casts doubt on June sales, margin target

The retailer cast doubt on its ability to reach its full-year margin target and predicted lackluster June sales. 

'Don Corleone of cybercrime' behind JPMorgan hack ran new scam while cooperating with FBI: report

Geri Shalon is alleged to have run a cybercriminal syndicate that hacked into tens of millions of accounts at JPMorgan Chase and other companies.

Boeing sanctioned over release of details from 737 MAX midair blowout probe

The NTSB slammed Boeing after it had "blatantly violated" its rules by providing "non-public investigative information."

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