American Airlines flight attendants held a picket outside the company’s headquarters, demanding new leadership amid frustration over low profitability and operational struggles compared with rivals Delta and United. The union issued a vote of no confidence in CEO Robert Isom, who has faced criticism from pilots and mechanics’ unions as well. Isom has promised improvements in profits, schedules, cabin upgrades, and lounges, and the airline … Continue reading American Airlines flight attendants picket as CEO tries to calm frustrated employees

Anthropic has closed a $30 billion funding round at a $380 billion valuation, making it the second-largest private tech fundraising behind OpenAI’s $40 billion round last year. The company, founded by former OpenAI researchers, is expanding its enterprise-focused AI offerings, including Claude and the coding tool Claude Code, which now generates $2.5 billion in annualized revenue. The fresh capital will support infrastructure, research, and continued … Continue reading Anthropic closes $30 billion funding round as cash keeps flowing into top AI startups

Apple’s stock fell 5% Thursday, wiping out $202 billion in market value, after reports suggested delays in rolling out an upgraded version of its Siri assistant. The tech giant had planned to release new Siri features with iOS 26.4 in March, but testing issues may push some updates to iOS 26.5 in May and iOS 27 in September. Problems include Siri relying too heavily on … Continue reading Apple sees $200 billion market-cap wipeout as stock slides on AI fears

Ford Motor reported its largest quarterly earnings miss in four years, with adjusted EPS of 13 cents versus 19 cents expected, largely due to unexpected tariff costs and supply disruptions from a Novelis aluminum plant fire. Despite the miss, automotive revenue came in slightly above expectations at $42.4 billion, and full-year 2025 revenue reached a record $187.3 billion, up 1% from 2024. The company posted … Continue reading Ford reports worst quarterly earnings miss in four years

McDonald’s reported quarterly earnings and revenue that beat analysts’ expectations, driven by a value-focused push that has boosted customer traffic. Adjusted earnings per share came in at $3.12 versus the $3.05 expected, while revenue rose 10% to $7 billion, surpassing the $6.84 billion forecast. Same-store sales climbed 5.7% overall, led by a 6.8% increase in the U.S., with promotions like the Grinch Meal and Monopoly … Continue reading McDonald’s earnings beat estimates as chain’s value push pays off

The U.S. economy added 130,000 jobs in January, exceeding expectations, while the unemployment rate fell slightly to 4.3%, according to Labor Department data. However, revised figures show that 2025 overall saw just 181,000 jobs added, the slowest annual growth outside a recession since 2003, with much of January’s gains concentrated in healthcare and construction. Government jobs continued to decline at the federal, state, and local … Continue reading January jobs report smashes expectations as payrolls grow by 130,000