On Wednesday, the Canadian airline WestJet Airlines announced that it has received a second strike notice from its engineer union.
US District Judge Margo Brodie has rejected a $30 billion antitrust settlement in the Visa and MasterCard case. The firms had agreed to reduce fees for merchants that use their payment cards.
It has been announced by Zurich Insurance that the firms would buy AIG's travel insurance and assistance unit for a total of $600 million.
During Wednesday's trading hours, European stock indices gained value, as risk on sentiment increased in the global markets.
In April, the United States trade deficit increased due to the imports outpacing export growth. The trade deficit has reached $74.6 billion.
The ride-hailing firm Lyft has announced that it expects to grow its gross bookings by 15% annually until 2027.
The trading platform Robinhood has announced a $200 million cash buyout of the crypto exchange Bitstamp.
The coffee shop chain Starbucks has announced that it would partner up with Grubhub food delivery service to deliver beverages.
The New York Times have reported that US antitrust regulators have started investigations of Microsoft, Open AI and NVidia. Regulators are interested in how these firms have come to dominate the AI sector.
European Union advocacy groups have asked EU officials to stop Meta from using personal data to train its artificial intelligence models without user consent.
The Chinese government has announced that it has not used electric vehicle subsidies that are banned by the World Trade Organization.
In April, the orders for industrial goods in Germany had declined on a month on month basis by 0.2%. The markets expected orders to increase by 0.5%.
A recent report by the Solar Energy Industries Association of the United States has revealed that solar power has accounted for 75% of new energy capacity created in the US.
The Association of Professional Flight Attendants has denied the offered American Airlines 17% pay increase.
Telecommunications firm groups are seeking a way to stop a planned reinstatement of the net neutrality rules. The new rules would result in reinstating government oversight over broadband internet.
The Amazon Labor Union has made an agreement to make an affiliation with the International Brotherhood of Teamsters, which is one of the largest labor unions.
Governor of the Bank of Japan Kazuo Ueda has stated that the central bank needs to reduce its bond purchases and exit massive monetary stimulus.
The Chairman of the US Securities and Exchange Commission Gary Gensler has commented that the timing of trading of the Ethereum ETF depends on the speed of the issuers responses to SEC requests.
US Treasury Secretary Janet Yellen has announced at a speech that the use of AI in finance could cause significant risks, despite lowering transaction costs.
Due to challenges with new construction, hotel firm executives have been looking into acquiring residential and office buildings to transfer into hotels.
US appeals court has overturned an SEC oversight rules for private equity and hedge funds. The rule was aimed at creating more transparency about private funds to its investors.
The Wall Street Journal has reported that NBA could soon close a rights deal with ESPN, Amazon and NBC worth a total of $76 billion.
The maker of Jack Daniels has beaten the quarterly financial results, as the demand for the drink has continued to remain strong despite recent price hikes.
Hourly wage workers of Walmart are set to receive a first time ever bonus payment. Pay bonuses could be received by nearly 700,000 employees.