Business
An American Airlines Airbus A321 flight heading to Charlotte returned safely to Las Vegas' Harry Reid International Airport after experiencing an engine malfunction on June 25, 2025. The FAA described the incident as an engine problem, and videos obtained by ABC News showed brief bursts of flames emanating from
Business
President Donald Trump will hold the 'golden share' in the recent acquisition of U.S. Steel by Nippon Steel, according to U.S. Securities and Exchange Commission filings. This provision grants the President the authority to influence key decisions impacting domestic steel production and competition with foreign companies.
Business
The National Transportation Safety Board (NTSB) has identified multiple systemic failures that contributed to a midair door plug blowout of an Alaska Airlines Boeing 737 Max last year. Investigators criticized both Boeing and the Federal Aviation Administration for safety shortcomings. The incident occurred shortly after takeoff on January 5, 2024,
Business
BP stock experienced a significant increase following reports that Royal Dutch Shell was in discussions to acquire a rival energy company. The news has prompted investors to reevaluate their positions as the energy sector shows signs of upcoming consolidation. Analysts suggest that such a deal could reshape the competitive landscape
Business
Nvidia's stock surged to a record high on June 25, 2025, reflecting revived investor confidence in artificial intelligence advancements. The company’s shares increased by 4.3%, making Nvidia the most valuable company globally with a market capitalization of approximately $3.77 trillion, surpassing Microsoft. CEO Jensen Huang
Business
Federal Reserve Chair Jerome Powell has signaled a cautious approach to monetary policy as the U.S. economy faces renewed uncertainty from rising trade tariffs. Speaking on June 24, 2025, Powell stated that the Fed will keep interest rates unchanged while closely monitoring the economic impact of tariffs introduced by
Business
U.S. home prices have decelerated sharply, rising just 2.7% year-over-year in April 2025, according to the S&P CoreLogic Case-Shiller National Home Price Index. This marks the slowest pace of appreciation in nearly two years, as high mortgage rates and growing housing supply begin to cool the
Business
Tesla's recent launch of its robotaxi service in Austin, Texas, has faced immediate scrutiny following reports of operational errors, such as vehicles driving on the wrong side of the road and abruptly stopping near police vehicles. The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into