David Hinton faced criticism after outages affected tens of thousands of people in Kent and Sussex.
Despite new GLP-1 drugs and Medicare coverage, most employers aren't covering them for weight loss due to high costs. Many are exploring alternative support methods for employees.
Delta Air Lines is launching a new 'Basic' fare for its business and first-class cabins, removing perks like free seat selection and lounge access. This move aims to maximize revenue from high-spending customers by offering tiered options.
Markets brace for a sell-off with Dow futures down 400 points. Tensions rise between the US and Iran after ship attacks in the Strait of Hormuz. Apple announces a major chip-supply deal with Broadcom. Analysts issue upgrades and downgrades for several companies including Old Dominion, Ollie's Bargain Outlet, Kraft Heinz, Travelers, RH, Monster Beverage, and AT&T.
Federal Reserve officials signaled one interest rate hike this year, but historical patterns suggest a cycle of multiple adjustments. Former Fed President Jim Bullard noted the committee rarely makes single moves, typically engaging in rate cycles to achieve policy goals. Markets await further clues from the FOMC meeting minutes.
Apple is expanding its partnership with Broadcom in a multi-year deal exceeding $30 billion, focusing on U.S.-made custom silicon for connectivity components. The agreement includes a $1.5 billion expansion of Broadcom's Colorado facility and marks Apple's largest U.S. manufacturing commitment.
Oil prices rose sharply Wednesday after President Trump stated the US ceasefire with Iran is over. This follows US "powerful strikes" against Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz.
