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Business
Flight reductions frozen at 6% as air traffic controller callouts see ‘rapid decline’
The Department of Transportation (DOT) and the Federal Aviation Administration (FAA) issued an emergency order Wednesday evening freezing flight reductions at 6% amid a "rapid…
Younger brother beats older sibling in Bertelsmann succession battle
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A 35-year-old scion of the family that owns Bertelsmann…
Mega Millions jackpot nears $1B
The Mega Millions jackpot soared to nearly $1 billion after Tuesday night’s drawing failed to produce a grand prize winner. The jackpot grew to an estimated $965 million ahead…
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Major crypto exchange picks Texas for new HQ, citing pro-business rules
Cryptocurrency exchange Coinbase announced Wednesday that it will reincorporate itself in Texas, becoming the latest company to move its business registration out of Delaware.…
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Dow closes above 48,000 for first time, 17th record close of 2025
The Dow Jones Industrial Average rose 328 points to close above the 48,000 level for the first time on Wednesday, registering its 17th record high of the year as investors bet…
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Disney losing $30M a week as YouTube TV blackout drags on, analysts say
Disney's ongoing carriage dispute with YouTube TV is costing the entertainment giant tens of millions of dollars per week, according to an analysis by a Wall Street leader.…
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