Scientists have identified detecting and fixing methane leaks as crucial in mitigating global warming. To tackle this issue, Canadian company GHGSat has sent six satellites into orbit to search for these methane plumes. These satellites have made some concerning findings, including record-high…
Macy’s has revised its full-year sales forecast downward, reflecting the challenges faced by department stores as they grapple with increasingly selective shoppers and heightened promotional activities. The iconic retailer now anticipates net sales to range between $22.1 billion and $22.4 billion, a…
The merger between Alaska Airlines and Hawaiian Airlines has moved one step closer to completion. It has passed a significant milestone by clearing the U.S. Justice Department’s antitrust review. This development, which comes eight months after the $1.9 billion agreement was announced,…
Federal Reserve Chair Jerome Powell returns to Congress this week for a two-day hearing as inflation pressures continue to pose challenges for the Fed. Last June, Powell appeared before Congress when inflation had reached a four-decade high of nearly 9% with no…
Cava has delivered another strong financial performance, raising its full-year outlook after reporting better-than-expected earnings and revenue. The Mediterranean restaurant chain experienced a notable uptick in customer traffic, which boosted its quarterly results. As a result, Cava’s shares surged 9% in extended…
General Motors’ GMC brand aims to dominate the electric truck market in the U.S. as it rolls out its new electric Sierra pickup. Building on the success of its Hummer EV models, GMC hopes the Sierra EV will become its best-selling electric…
On Tuesday, Asian shares saw a mixed performance in quiet trading as investors kept a close eye on the latest economic data and awaited the next moves from the Federal Reserve. The Nikkei 225 in Japan increased by 0.4% to 28,336.98, while…
On Friday morning, stock markets were predicted to have a turbulent start after Thursday’s route. Following the release of the most recent U.S. employment report indicating an increase of 311,000 jobs in February, stock index futures experienced an upward trend. Dow Jones…
Fox News is at odds with two leading Republican presidential candidates over journalist rights as it defends itself against a major defamation lawsuit. The network relies on a 60-year-old Supreme Court ruling that makes it hard to sue media organizations for libel.…
The Russian government is making efforts to quell fears regarding the future of Telegram, a popular messaging platform in Russia, following the arrest of its founder, Pavel Durov, in France. This development has raised concerns about the potential disruption of the platform,…