Jet Engines Are Breaking Down. Their Manufacturers Are Raking In Cash.
Many in the aviation industry are railing against misaligned incentives in the engine-making business, which makes profit through repair-shop visits and spare […]
The U.S. Invented Mountain Biking. Now It Wants Those Olympic Medals, Too.
Park City, Utah’s Haley Batten takes silver in the women’s event–the best placing ever for a U.S. cyclist, and a signal of […]
McDonald’s Sales Soften as Diners Make Fewer Burger Runs
The fast-food giant said it is focusing on value with consumers continuing to tighten their budgets.
Surge in Commercial-Property Foreclosures Suggests Bottom Is Near
Lender portfolios of foreclosed and seized office buildings, apartments and other commercial property grew 13% in the second quarter.
Biden to Call for Supreme Court Reforms and Overturn of Presidential Immunity
There is little chance the measures will advance before the November election.
The Rush to Shore Up the Power Grid Against Hurricanes, Heat and Hail
Energy companies are working to adapt as they confront record-setting temperatures, floods and windstorms.
Amazon Paid Almost $1 Billion for Twitch in 2014. It’s Still Losing Money.
The live-video service has slowing user growth and workers are expecting more layoffs and other changes ahead.
Why JD Vance Worries About Childlessness
The Republican vice presidential nominee linked low fertility to high housing costs, social isolation and a lack of patriotism.
Bank of Japan Meets as Volatile Yen, Sluggish Economy Fuel Rate Hike Debate
With policymakers split on whether rate hikes will help or hurt consumer spending, question marks remain around what the Bank of Japan […]
U.S. Rate-Cut Expectations Could Reinforce Yield Curve Steepening
The Treasury curve has room to steepen as an interest-rate cut by the Fed approaches, pulling short-end yields lower, while the U.S. […]
Pearson Expects Full-Year Results In Line With Views
Pearson said it was on track to meet full-year expectations after its adjusted operating profit in the first half remained flat at […]
New Zealand Shares Slip 0.3% as Fletcher Slumps
New Zealand’s NZX-50 closed 0.3% lower at 12313.62, completing its longest losing streak in almost seven weeks amid weakness in real-estate and […]