Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is pursuing legal claims against the company as well as Microsoft. The financial impact includes a $380 million revenue hit in the current quarter “primarily driven by refunding customers for cancelled flights…
LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition…
Aerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing…
After years of starts and stops at the box office, Disney appears to have hit a groove in 2024. Its latest…
In ruling Monday that Google has held a monopoly in internet search, U.S. judge Amit Mehta invoked the company at the…
Members of the main U.S. transportation regulator grilled Boeing executives Wednesday over the company’s workplace safety culture and allegations…
Here’s a surprise: Disney’s media business isn’t weighing down the company anymore. The primary Disney investor narrative since 2022 has…
A particular type of retail fraud soars during the summer season. “Wardrobing,” in which a shopper buys an expensive…
Stocks slipped into the red as markets closed Wednesday, losing gains from earlier in the day as Wall Street…