The majority of Warner Bros. Discovery shareholders who voted at the company’s 2025 annual meeting evidently believe CEO David Zaslav and other top execs are earning too much. At WBD’s annual stockholders meeting held June 2, investors voted down a…
Danai Nesta Kupemba BBC News Mondelēz International/Aldi Mondelēz International’s Oreo snack brand (R) and Aldi’s store brand chocolate sandwich cookie The corporation behind Oreo has filed a lawsuit in the US against the budget supermarket Aldi, accusing it of “blatantly”…
Citigroup on Tuesday ended a seven-year-old policy restricting how it provides banking services to firearm manufacturers, sellers and resellers. The bank launched the policy in March 2018 after a teenage gunman killed 17 people and injured more than a dozen…
This weekend, OPEC+ agreed to add another 411,000 barrels daily to its combined output. The decision came amid expectations of a bigger hike that had weighed on energy stocks prior to the latest meeting of the group. But that wasn’t…
Elon Musk laughs during a press event with US President Donald Trump in the Oval Office of the White House in Washington, DC, on May 30, 2025. Allison Robbert | AFP | Getty Images In his first week away from…
United Airline planes are seen at Newark Liberty International Airport in New Jersey on May 7. Kena Betancur/AFP via Getty Images hide caption toggle caption Kena Betancur/AFP via Getty Images A runway at Newark Liberty International Airport that had been…
HARRISBURG, Pa. (AP) — The U.S. Department of Energy has ordered another power plant, this time an oil and gas plant in Pennsylvania, to keep its turbines running through the hottest summer months as a precaution against electricity shortfalls in…
Walt Disney Co. launched another deep round of layoffs on Monday, notifying several hundred Disney employees in the U.S. and abroad that their jobs were being eliminated amid an increasingly difficult economic environment for traditional television. People close to the…
The legitimacy of President Trump’s tariffs is being questioned by U.S. courts, but the president is showing no signs of backing off his favorite tool. On Wednesday, the tariffs that Mr. Trump imposed on foreign steel and aluminum are set…
Thank you to the conference organizers for inviting me to speak today. I have attended this conference several times and I’m honored to be on the program this year. Today, I will speak on the U.S. economic outlook and the…