Finance

Delta Air Lines is under scrutiny as the Department of Transportation investigates widespread flight cancellations linked to a recent tech outage. With hundreds of passenger complaints pouring in, the airline’s struggles to regain normalcy post-crisis are raising questions about consumer care. What measures are being taken to address the fallout, and how is Delta managing…

General Motors is shaking things up with an upgraded financial outlook for 2024! After a strong second quarter, the automotive giant has boosted its earnings projections and is gearing up to launch new models. But not everything’s smooth sailing—challenges in the electric vehicle market and a shift in focus for its self-driving division raise questions…

Amazon’s ambitious plans for its Alexa-enabled devices are hitting some serious roadblocks, with reported losses reaching over $25 billion. As the online retail giant grapples with the challenge of turning a profit amidst widespread device usage for simple tasks, whispers of a potential paid tier for Alexa are surfacing. But could this be the answer,…

Wiz’s unexpected withdrawal from its $23 billion acquisition by Google could shake up the tech sector in ways you might not expect. As the Israeli cybersecurity startup redirects its focus towards ambitious revenue goals and a potential IPO, ripples are set to affect giants like Microsoft. Explore the implications of this bold decision and what…

Coca-Cola navigates shifting consumer trends as soda sales face headwinds from a rise in weight loss drugs and non-alcoholic beverages. Despite a slight volume decline in North America, the beverage giant reports impressive earnings, raising its sales forecasts. Discover how Coca-Cola is adapting to the market and what this means for its future amid a…

New findings from a House Committee investigation raise serious questions about the practices of pharmacy-benefit managers (PBMs) and their impact on medication costs. As executives prepare to testify on these allegations, shocking details emerge about how PBMs may prioritize expensive drugs over affordable alternatives. Could this be driving up drug prices and limiting patient choices?…

Hims & Hers is making waves in the healthcare landscape with the appointment of Kåre Schultz to its board of directors. His impressive pharmaceutical background coupled with the company’s innovative telehealth services is a game changer. Discover how their recent move into compounded medications could transform access to weight loss solutions. Don’t miss the story…

Ryanair’s latest earnings report has left investors disappointed, with stock prices plummeting 17%. Despite a surge in passenger numbers, the budget airline faces significant challenges, including increased labor costs and delayed aircraft deliveries. How will these factors shape the future of one of Europe’s leading low-cost carriers? Discover the implications of Ryanair’s current situation and…

Reddit is stepping into the sports marketing spotlight with exciting new partnerships that promise to bring fans closer to their favorite leagues. Get ready for game highlights, exclusive content, and unique interaction opportunities that transform how we experience sports online. What does this mean for the future of fan engagement? Discover the details and implications…

In a stunning turn of events following President Biden’s decision not to seek re-election, Democrats have experienced an unprecedented fundraising surge. Discover how ActBlue, the Democratic fundraising powerhouse, just shattered previous records and what this could mean for the upcoming election cycle. This wave of support has not only raised millions but also engaged a…

Struggling to get quality sleep? Discover the surprising truths behind the booming sleep industry in the latest episode of the Quartz Obsession podcast. Join sleep specialist Dr. Michael Breus as he unpacks everything from the impact of modern stress to the evolution of our sleep habits. Could simple changes hold the key to a better…

Spotify celebrates another quarter of record profits as it marks a year since its Premium price hike. With a significant rise in monthly active users and a resilient stock performance, the company appears to be on a strong growth trajectory. What does this mean for the future of music streaming? Dive into the details of…

A new trend is emerging in the prescription landscape of GLP-1 drugs, with more non-diabetic patients seeking these medications once reserved for diabetes management. As the popularity of these weight loss aids surges, concerns regarding potential shortages arise. Discover the implications of this shift and what it means for the future of diabetes care and…

Amazon’s journey with Alexa-enabled devices has taken a tumultuous turn, revealing over $25 billion in losses despite a vast customer base. As the company grapples with its strategy, whispers of a potential paid version of Alexa emerge, stirring doubts among engineers. With generative AI on the horizon, will Amazon turn its fortunes around, or are…

Wiz’s surprising rejection of Google’s $23 billion acquisition offer is shaking up the tech industry. As the cybersecurity landscape evolves, the implications for major players like Microsoft grow increasingly intriguing. What does this mean for the future of cybersecurity investments and industry consolidation? Explore the unfolding story and its potential impact on the tech sector.

As interest rates hit a 20-year high and inflation strains consumers, major banks are bracing for a financial storm. With provisions for credit losses on the rise at JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, the signs of a precarious lending landscape are becoming evident. What does this mean for everyday borrowers, especially…

Major stock indices saw a rebound amid anticipation of crucial inflation data, with notable movements from tech giants like Apple, Nvidia, and Tesla. Could this be a turning point for the Magnificent Seven? Dive into the latest market insights and discover what to watch for this week!

Delta Air Lines is grappling with a major disruption after a global software outage led to the cancellation of thousands of flights. As the airline scrambles to recover, travelers are left wondering about the fate of their journeys. What does this mean for your upcoming plans? Discover the unfolding situation and how Delta is addressing…

As Kamala Harris positions herself for the Democratic nomination, analysts at Goldman Sachs predict continuity in economic policies reminiscent of President Biden’s strategies. With Biden’s surprising exit from the race and an endorsement of Harris, the political landscape is shifting. What implications will this have for future fiscal policies, especially in light of the looming…

Could unconditional cash payments change the way we approach employment? A groundbreaking study funded by Sam Altman, CEO of OpenAI, explores this question, revealing surprising outcomes for participants living below the poverty line. Dive into the details of this ambitious three-year initiative and discover how a little extra cash is reshaping lives and career choices.

Johnson & Johnson has taken a significant step toward potentially reshaping treatment for those enduring treatment-resistant depression. Their latest application to the FDA seeks to expand the use of Spravato, a ketamine-based nasal spray, to become a standalone solution. What promising data is backing this move? Discover the implications for millions struggling with major depressive…