Southwest Airlines will reduce service to and from the world’s busiest airport — another sign that one of the country’s largest carriers is in the midst of steep cost-cutting efforts in the face of pressure from an activist investor. The Dallas-based airline is slashing arrivals and departures to and from Atlanta’s Hartsfield-Jackson International Airport while … Read more
Sales of new US single-family homes fell in August, but declining mortgage rates and house prices could stimulate demand in the months ahead. New home sales dropped 4.7% to a seasonally adjusted annual rate of 716,00 units last month, the Commerce Department’s Census Bureau said on Wednesday. The sales pace for July was revised higher to 751,000 units from a previously reported 739,000 units. New home sales dropped … Read more
OpenAI has pitched the Biden administration on the need to build massive data centers that consume as much power as a major city to handle more advanced artificial intelligence models as global competition rises, according to a report. A slew of tech leaders – including OpenAI CEO Sam Altman and executives from Anthropic, Nvidia, Microsoft … Read more
NEW YORK — A New York appeals court is set to hear arguments in Donald Trump’s fight to overturn a civil fraud judgment that could disrupt his real estate empire and cost him close to a half-billion dollars. The former president and current Republican nominee is asking the state’s intermediate appellate court to nullify a … Read more
A box of Ozempic made by Novo Nordisk is seen at a pharmacy in London, Britain March 8, 2024. Hollie Adams | Reuters Novo Nordisk‘s blockbuster diabetes drug Ozempic may decrease the risk of opioid overdoses in certain patients, demonstrating its potential as an alternative treatment for opioid use disorder, according to a new study … Read more
Amazon did not respond to BuzzFeed News’ initial request for comment. Later, the company said there was no change in its policy after all. “This morning’s email to some of our employees was sent in error,” Amazon said. “There is no change to our policies right now with regard to TikTok.” A spokesperson for TikTok … Read more
A Starbucks worker wears a t-shirt and button promoting unionization on April 7, 2022, in Chicago. John J. Kim | Chicago Tribune | Tribune News Service | Getty Images Starbucks CEO Brian Niccol said the coffee chain is committed to bargaining in good faith with the union that represents many of its baristas, as the … Read more
LONDON — Michael Gove, who was a longtime U.K. Cabinet minister under successive Conservative Party governments, has been appointed as the editor of The Spectator, one of the world’s oldest political magazines. Wednesday’s announcement came little more than two weeks after billionaire hedge fund manager Paul Marshall bought the magazine via his company Old Queen … Read more
BBC Two of the companies raided by HMRC, Green Jellyfish and Kirby and Haslam, are located inside the Union Building in Norwich Eleven people have been arrested at locations around the country on suspicion of tax relief fraud. It follows raids by HM Revenue and Customs (HMRC) officers at a number of premises on Tuesday. … Read more
UK banks must refund fraud victims up to £85,000 within five days under new rules. Most High Street banks and payment companies voluntarily compensate customers who are tricked into sending money to scammers. But in a world first, these refunds will become mandatory from 7 October, the Payment Systems Regulator (PSR) has announced. The watchdog … Read more