Communities across the U.S. are facing tough, complex challenges — such as a lack of employment, food accessibility, education and affordable housing. These challenges are exacerbated by rising costs of living.
Delta said July's global IT outage cost it $550 million in a regulatory filing on Thursday and also shot back at CrowdStrike's response to an initial letter threatening legal action against CrowdStrike and Microsoft.
Why it matters: The three-way blame game involving Delta, CrowdStrike and Microsoft continues to escalate as each company tries to clear the air about its role in one of the largest tech glitches in recent history.
As the Paris Olympics draw to a close, plans are afoot to use electric air taxis for shuttling visitors around the 2028 Summer Games in Los Angeles.
Why it matters:Air taxis were supposed to be zipping over Paris during the past two weeks, but the electric aircraft — which take off and land vertically — still need regulatory approval.
Why it matters: Despite that mounting momentum, Harris has yet to sit for an interview or take questions from the stump since launching her campaign July 21, but she told press pool reporters on the tarmac Thursday that she hopes to have an interview scheduled by the end of the month.
Under Armour's revenue slide continued in its most recent quarter, but the company's turnaround effort is showing positive signs.
Why it matters: The apparel giant has been struggling to stop the bleeding after what analysts say was a series of merchandising and strategic mistakes.
Between the lines: The company's stock soared over 18% today despite its 10% decline in sales compared with a year earlier.
Here's what's new on Netflix, Peacock, Paramount+, Max, Apple TV+, Hulu, BET+ and Prime Video.
What we're watching: The final season of "The Umbrella Academy," a new sitcom starring Stephen Curry and a new competition show to award the best state fair pastry maker.
Coming off of a redemptive Paris Olympics, seven-time gold medalist Simone Biles and members of the U.S. gymnastics team will be touring across America this fall.
Driving the news: The Gold Over America Tour (GOAT) will be making 30 stops featuring gold medalist Jordan Chiles, Stephen Nedoroscik (pommel horse guy), Jade Carey, Fred Richard, and more.
A new series about Mexico's first women's police unit aims to tackle the pervasiveness of sexism and gender-based violence and highlightthe strides women have made in the past 50 years.
Why it matters: This year, Mexicans elected their first woman president, yet 10 women on average are killed every day in Mexico.
Major news publications are shuttering their opinion sections, forcing more business leaders, elected officials and subject matter experts to go direct with their message.
Why it matters: Unless you're George Clooney or Jamie Dimon, your op-eds are unlikely to be accepted and even more unlikely to drive conversation.
Delta and CrowdStrike have entered a public war of words following last month's IT outage that led to more than 5,000 flight cancellations and an estimated $500 million in losses for the airline.
Why it matters: The blame game rarely improves corporate reputation — and Delta's recent messaging strategy could backfire.
The future of Hims & Hers — a digital-first health platform that offers content, telehealth and drug treatments related to skin care, sexual performance and mental health — may be more hers than hims.
Real estate commissions have fallen a bit since March, after the announcement of a landmark settlement that could reshape the housing market.
Why it matters: This is just the start. In less than two weeks, new rules regarding commissions are set to take effect, and fees are expected to fall further.
All four ways people invest in the currency markets contributed to the historic weakness of the yen — and then its violent bounce back over the past month.
Why it matters: Yen traders made front-page news this week as a sharp unwind of their positions caused stock markets in Japan and globally to sink.
Two Wall Street pros have launched a new firm focused on supporting small to mid-sized private equity firms on private credit transactions.
Why it matters: The launch comes as private credit lending has soared over the last few years and became the favored financing option for buyout firms.
Defense tech upstart Anduril Industries raised $1.5 billion in new venture capital funding at a $14 billion valuation, with some proceeds to be used for building autonomous weapon manufacturing facilities.
Why it matters: Major investors believe Anduril has cracked the government contract code, just seven years after launch.
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