Category: Business

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America’s Foreign Vacations Tell Us Something About the U.S. Economy

Prices are high, but Americans are opening their wallets for international flights and hotels. It’s the latest evidence of consumer resilience.  » mehr lesen

Is There Really A Sriracha Shortage?

Huy Fong Foods is having production issues for the second year in a row, causing some people to pay high prices on eBay. Other hot sauce makers are seizing the moment.  » mehr...

Elon Musk and Mark Zuckerberg Chase a Piece of the AI Boom

Both Musk, who once backed OpenAI, and Facebook’s parent company are set to unveil new services aimed at getting a piece of the artificial intelligence boom.  » mehr lesen

U.S. Virgin Islands Seeks $190 Million From JPMorgan in Epstein Lawsuit

The U.S. territory wants JPMorgan to pay damages for failing to spot Jeffrey Epstein’s activities on the island.  » mehr lesen

Striking Actors Join Writers on Picket Lines in LA and NYC

In Los Angeles and New York, actors and screenwriters braved the heat to admonish the major studios and demand a new deal.  » mehr lesen

United Auto Workers Open Contract Talks in Detroit

The U.A.W., with a more confrontational leader, aims to win back wage and benefit concessions and insulate jobs from the rise of electric vehicles.  » mehr lesen

Despite Aspartame Warning, Beverage Companies Likely to Stick With It

A health agency warned the artificial sweetener may be a carcinogen, but others say that risk is overblown and consumers flock to the taste.  » mehr lesen

Wells Fargo Beats Expectations but Sets Aside Money for Loan Losses

The U.S. economy “continues to perform better than many had expected,” said Charlie Scharf, the bank’s chief executive, but “there will likely be continued economic slowing.”  » mehr lesen

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