US is investigating Delta’s flight cancellations and faltering response to global tech outage

[ad_1] U.S. airline regulators have opened an investigation into Delta Air Lines, which is still struggling to restore operations on Tuesday, more than four full days after a faulty software update caused technological havoc worldwide and disrupted global air… U.S. regulators are investigating how Delta Air Lines is treating passengers affected by canceled and delayed … Read more

Eminem brings Taylor Swift’s historic reign at No. 1 to an end, Stevie Wonder’s record stays intact

[ad_1] Eminem performs at the Bonnaroo Music and Arts Festival on June 9, 2018, left, and Taylor Swift performs at Wembley Stadium in London as part of her Eras Tour on June 21, 2024. Eminem’s 12th studio album, “The Death of Slim Shady (Coup de Grâce),” has debuted at No. 1 on the Billboard 200, … Read more

Coca-Cola sales down in America

[ad_1] Weight loss drugs and non-alcoholic options have consumers holding off on buying sodas — at least in the U.S. CrowdStrike stock tumbles as fallout continues But even so, Coca-Cola posted robust second-quarter earnings on Tuesday, driven in part by strong global demand for its pop offerings, prompting the beverage giant to raise its full-year … Read more

Spotify stock soars 14% as Q2 earnings beat shows record profits

[ad_1] Image: Nikolas Kokovlis/NurPhoto (Getty Images) Spotify reported another quarter of record profits one year after it raised the price of its Premium plans for the first time ever. CrowdStrike stock tumbles as fallout continues The Swedish audio streaming company reported an operating income of 266 million euros ($289 million) in the second quarter, compared … Read more

South Korean tech giant Kakao’s founder arrested in stock price manipulation case

[ad_1] SEOUL, South Korea — South Korean prosecutors said Tuesday they have arrested the founder of technology giant Kakao Corp. for alleged stock price rigging during his company’s takeover of a major K-pop agency last year. Kim’s arrest came after the Seoul Southern District Court approved an arrest warrant, citing concerns that he could flee … Read more