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Delta CEO Says CrowdStrike Tech Outage Cost It $500 Million
The airline faced deeper disruption and took days longer than rivals to get back on track after the outage knocked key systems offline.
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Danone Keeps Outlook as Consumers Welcome Lower Prices
Danone backed its full-year sales guidance as it eased the pace of price hikes and saw shoppers begin to buy more of its branded products.
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Inside the WSJ’s Investigation of Tesla’s Autopilot Crash Risks
The Wall Street Journal undertook a comprehensive analysis of crash data, uncovering previously obscured details by combining heavily redacted federal filings with local police records.
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Boeing Hires Aerospace Veteran Kelly Ortberg as Its Next CEO
The company also reported a $1.4 billion quarterly loss as the quality crisis in its commercial jet business was compounded by troubles in its military business.
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Temu Suppliers Protest in China, Saying Low-Cost Site Squeezes Them
Suppliers said that many merchants on the shopping platform have shut down factories and incurred debts after it started imposing hefty penalties over what was deemed to be after-sales issues.
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Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings
Microsoft said it was still supply-constrained for delivering artificial intelligence services to cloud clients. But executives called for cloud acceleration.
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AMD says data center sales more than doubled in a year
AMD shares are down about 7% year to date, despite the chipmaker being the second largest vendor of data center GPUs after Nvidia.