McDonald’s will extend its $5 value meal beyond its initial four-week window in most of its U.S. markets as the fast-food giant says the offer is driving traffic back to restaurants. In a memo to the…
Business
-
-
Business
Delta cancels hundreds more flights as its recovery from global CrowdStrike-Microsoft outage lags
Delta Air Lines CEO Ed Bastian apologized and offered frequent flyer miles to travelers for thousands of flight cancellations as the carrier struggled to recover from Friday’s globe-spanning IT outage, disruptions that sparked criticism from Transportation Secretary…
-
People aren’t boosting their savings much even as wages rise and inflation slows. Households socked away about 3.9% of their disposable income as of May, the latest federal data shows, down from 5.3% in May…
-
Business
Federal Reserve fines Walmart-linked Green Dot Corp $44 million after customers lost access to funds
Green Dot Corp., a company that partners with Walmart to sell prepaid debit cards at the retail giant, has been fined $44 million by the Federal Reserve for ‘numerous’ alleged failures that harmed consumers over…
-
A software failure in the web that makes up the global supply chain threatens to disrupt daily commerce for an indefinite period, showing how widespread reliance on the same system can create a worldwide crisis…
-
A fault with an update issued by cybersecurity company CrowdStrike led to a cascading effect among global IT systems Friday, with industries ranging from banking to airlines facing outages. Banks and health care providers saw…
-
Business
With corners of the media industry in upheaval, Netflix makes clear it’s staying out of the fray
Netflix’s second-quarter earnings report contained no bombshells, and that’s just fine for the company and its investors. In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner Bros. Discovery is considering all options for its future and may lose broadcast rights to the NBA.…
-
Ticketmaster and its parent company, Live Nation, are offering a promotion through the end of July that lets users buy four tickets for $80 to selected shows. The offer is good for thousands of shows…
-
Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s Wednesday, marking the most valuable fossil ever sold at auction. The 150 million-year-old stegosaurus…
-
Housing is the most considerable expense for U.S. consumers — and while high rents and home prices are obstacles to saving for potential homebuyers, access to affordable credit is another significant roadblock. An estimated 50 million Americans are “credit…