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Economy
Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor
Robert K. "Kelly" Ortberg is the Boeing's new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing's Board of Directors.Courtesy:…
Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar
The Eli Lilly logo is shown on one of the company's offices in San Diego, California, on Sept. 17, 2020.Mike Blake | ReutersEli Lilly on Thursday reported second-quarter earnings…
Harris running mate Gov. Tim Walz owns no stocks, bonds or real estate, disclosure shows
Minnesota Governor and Democratic Vice Presidential candidate Tim Walz speaks during a campaign rally for US Vice President and 2024 Democratic presidential candidate Kamala Harris…
45-year-old mechanic quit his full-time job for his side hustle—now he makes $14,200 a month: My paycheck is ‘very…
Chris Pyle spends the entirety of his workdays wearing a white tank top and boxer shorts, sitting in a recliner.It's an unusual setting for a mechanic, but a profitable one. Pyle…
Warren Buffett now owns more T-bills than the Federal Reserve
Berkshire Hathaway now owns more in Treasury bills than the U.S. Federal Reserve as Warren Buffett builds up his cash fortress to a record level. The Omaha-based conglomerate held…
No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the company's chief executive said…
Elon Musk ‘accountable to no one,’ UK tech minister says amid disinformation during riots
Harun Ozalp | Anadolu Agency | Getty ImagesElon Musk is "the one person who is accountable to no one" and his impact on public discourse should not be underestimated, the U.K.'s…
Sony posts 10% jump in profit, beating estimates on strong gaming growth
Sony's PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony on Wednesday reported a 10% jump in operating profit in the fiscal first quarter, beating analyst…
Indigo allows women to avoid booking seats next to men on flights
India's biggest budget airline IndiGo has been trialing a booking feature that will allow women to avoid booking a seat next to men on flights.The feature, the first of its kind…
These 4 groups of borrowers will qualify for Biden’s next round of student loan forgiveness
President Joe Biden visiting a library in Culver City, California, on Feb. 21, 2024.Irfan Khan | Los Angeles Times | Getty ImagesAs the Biden administration prepares to forgive the…