KVSP Business
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Javier Ghersi/Getty Images (NEW YORK) — Elected officials, investors, and everyday households await fresh inflation data on Wednesday that is set to reveal whether the fight to cool price increases remains mired in a rough patch. Price increases have cooled dramatically from a peak of about 9%, but inflation still stands more than a percentage […]
Xiaolu Chu/Getty Images (NEW YORK) — Tesla, the Elon Musk-led electric vehicle company, appears desperate for a tune-up. The company’s share price has plummeted more than 25% so far this year, making it one of the worst-performing stocks in the S&P 500. Over the same period, that index has risen about 10%. Shrinking car sales, […]
Self-service checkout customer scanning and paying in a Walmart Supercenter in Miami, Florida. (Jeffrey Greenberg/Getty Images) (NEW YORK) — Walmart shoppers may be entitled to up to $500 in cash after the retail giant agreed to pay $45 million to settle a class action lawsuit over “weighted goods.” The company, which has denied any wrongdoing, […]
The Omni Houston Hotel at Four Riverway, Dec. 31, 2020, at in Houston. (Karen Warren/Houston Chronicle via Getty Images) (NEW YORK) — In the wake of a recent cyberattack on Omni Hotels & Resorts that prompted a “shut down [of] its systems to protect and contain its data,” experts are reminding people of the actions […]
MR.Cole_Photographer/Getty Images (NEW YORK) — Artificial intelligence commands the attention of corporate giants and political leaders but a global race is underway to develop what some experts consider the next transformative technology: quantum computing. The computers, which draw on theoretical physics, could drive advances in everything from drug research to stock investing to encryption, promising […]
Rochester, New York, is expecting between 300,000 and 500,000 people to visit the region to watch the total solar eclipse on April 8, 2024. — ABC News (ROCHESTER, N.Y.) — Seven years ago, Debra Ross wondered why she should care about an eclipse. Her daughter, Ella, vowed that she would get her driver’s license and […]
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 […]
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 […]
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 […]
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 […]
