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J.R. Reed’s three kids were scattered in different states across the country this week. They all had tickets to get home — on Delta. But they couldn’t even get onto planes. Delta paused its unaccompanied minors program during the airline’s meltdown in the wake of the global tech outage that…
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Stay informed with free updatesSimply sign up to the Equities myFT Digest — delivered directly to your inbox.Wall Street steadied after a recent technology rout on Thursday following better than expected US growth figures, although chip stocks in Europe and Asia suffered heavy declines.The Nasdaq Composite rose 0.2 per cent…
A Justice Department watchdog has found that former Attorney General Bill Barr was personally involved in the decision to publicize an incident from the 2020 election – nine mail-in ballots for Donald Trump being discarded in a dumpster in Pennsylvania – that flamed the false narrative of widespread voter fraud.…
How do you know it’s time to say “I retire”? Most people don’t get to choose, but for those who do, it may be one of the most consequential decisions we ever make. Being able to say goodbye means two rare things come together like in a Venn diagram. You…
Every aspect of homebuying has gotten more expensive in the years since the COVID-19 pandemic. Home prices have been hitting new record highs for most months and mortgage rates are still hovering in the high 6% range. All these factors have added up to pricey down payments. The average down…
Check out the companies making headlines in midday trading: Lamb Weston — The potato and french fry company tanked 27% after issuing a disappointing report for the fiscal fourth quarter. Lamb Weston generated adjusted earnings of 78 cents per share on $1.61 billion of revenue. Wall Street analysts were looking…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were lower Wednesday as the market rotation out of large technology companies into small caps continued. Jim Cramer called out the decline in…
Insurers have begun calculating the financial damage caused by last week’s devastating CrowdStrike software glitch that crashed computers, canceled flights and disrupted hospitals all around the globe — and the picture isn’t pretty. What’s been described as the largest IT outage in history will cost Fortune 500 companies alone more than…
Tenet Healthcare Corporation (NYSE:THC) Q2 2024 Earnings Conference Call July 24, 2024 10:00 AM ET Company Participants Will McDowell – Vice President of Investor RelationsSaum Sutaria – Chairman and Chief Executive OfficerSun Park – Executive Vice President and Chief Financial Officer Conference Call Participants Brian Tanquilut – JefferiesAnn Hynes -…