Business

American Airlines warns high fuel prices could force capacity adjustments

Wednesday, September 16 by SRN News

By Rajesh Kumar Singh and Shivansh Tiwary CHICAGO, Sept 16 (Reuters) - American Airlines CEO Robert Isom said on Wednesday that persistently high fuel prices could force the carrier to adjust capacity, even as strong demand and revenue gains have helped offset much of the... Read More.

Anthropic to fold Claude AI features into one interface, launches document tools

Wednesday, September 16 by SRN News

Sept 16 (Reuters) - Anthropic said on Wednesday it is combining the chat and Cowork features of its Claude AI assistant into a single interface and launching new document and presentation tools. The company will also integrate its visual work tool, Claude Design, into the... Read More.

Amazon increases starting hourly wage for full-time operations employees by $1 to $20

Wednesday, September 16 by SRN News

NEW YORK (AP) - Online behemoth Amazon said it's increasing the starting hourly wage for its U.S. full-time operations employees like warehouse workers by $1 to $20. With the increase, the average wage will be nearly $24 an hour, with average total compensation of more... Read More.

What to know about Ed Sheeran’s tour after Macklemore was cut and artists dropped out

Wednesday, September 16 by SRN News

Ed Sheeran's tour of North and South America has been roiled by the decision this week to drop Macklemore as an opener because of the rapper's onstage pro-Palestinian comments. Since then, all of Sheeran's other supporting acts have dropped out, including a group that... Read More.

US energy producer to unveil Venezuela investment, energy secretary says

Wednesday, September 16 by SRN News

WASHINGTON/HOUSTON, Sept 16 (Reuters) - A U.S. oil and gas producer will announce a major investment into Venezuela on Wednesday, U.S. Energy Secretary Chris Wright told Fox News. Foreign oil producers are migrating joint ventures and production sharing contracts in Venezuela as part of a... Read More.

Apple weighs Nvidia technology for potential server market return, The Information reports

Wednesday, September 16 by SRN News

Sept 16 (Reuters) - Apple is considering returning to the enterprise server market, combining its own chips with Nvidia's networking technology, The Information reported on Wednesday, citing people familiar with the matter. Cupertino, California-based Apple is developing an AI server that could be offered with... Read More.

US business inventories rise more than expected in July

Wednesday, September 16 by SRN News

WASHINGTON, Sept 16 (Reuters) - U.S. business inventories increased more than expected in July as retailers and wholesalers restocked to meet robust demand, suggesting that inventories could add to economic growth in the third quarter. Inventories jumped 0.8% after edging up 0.1% in June, the... Read More.

US retail sales rebound sharply in August

Wednesday, September 16 by SRN News

WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded more than expected in August as households stepped up purchases of motor vehicles and stocked up for the new school year, reinforcing the economy's resilience even as consumers grow more anxious about high inflation. Retail... Read More.

Hedge funds step up bets against consumer stocks in August, Hazeltree says

Wednesday, September 16 by SRN News

LONDON, Sept 16 (Reuters) - Hedge funds increased bets against consumer-focused companies in August and cut some of their bets against AI-related stocks, but turned more bearish towards Alphabet, according to a report on Wednesday from data platform Hazeltree. Last month, as the war in... Read More.

Wall St opens higher ahead of much-anticipated Fed decision

Wednesday, September 16 by SRN News

Sept 16 (Reuters) - The major U.S. stock indexes opened higher following a two-day slide, as lower oil prices offered some relief during a tense wait for the Federal Reserve's interest rate decision on Wednesday. The Dow Jones Industrial Average rose 22.3 points, or 0.04%,... Read More.

Current Weather

American Airlines warns high fuel prices could force capacity adjustments

Anthropic to fold Claude AI features into one interface, launches document tools

Amazon increases starting hourly wage for full-time operations employees by $1 to $20

What to know about Ed Sheeran’s tour after Macklemore was cut and artists dropped out

US energy producer to unveil Venezuela investment, energy secretary says

Apple weighs Nvidia technology for potential server market return, The Information reports

US business inventories rise more than expected in July

US retail sales rebound sharply in August

Hedge funds step up bets against consumer stocks in August, Hazeltree says

Wall St opens higher ahead of much-anticipated Fed decision

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