Alex Ingrim knows a lot about how to move to a new country. He was studying in San Diego when a study abroad trip to France led him to meet his now-wife, Louisa; in the 17 years since, the pair have grown their family and lived in Canada, France, the UK,…
DETROIT — A once “dirty” word, and business, in the automotive industry has become a multibillion-dollar battleground for U.S. automakers, led by Ford Motor. The Dearborn, Michigan-based automaker has turned its fleet business, which includes sales to commercial, government and rental customers, into an earnings powerhouse. And Ford’s crosstown rivals General Motors and…
Disney is raising prices on its streaming platforms. Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month, according to a press release Tuesday. The most expensive plans for Hulu, which include live TV, will cost $6 more per month. Disney+ basic and premium…
In the market’s eyes, the Federal Reserve finds itself either poised to head off a recession or doomed to repeat the mistakes of its recent past — when it was too late seeing a coming storm. How Chair Jerome Powell and his cohorts at the central bank react likely will go a…
Microsoft fired back at Delta Air Lines on Tuesday accusing the carrier of not modernizing its technology before it canceled thousands of flights in the wake of last month’s global massive IT outage. Delta CEO Ed Bastian told CNBC last week that the carrier has “no choice” but to seek damages from Microsoft and CrowdStrike for the mass disruptions, which…
Mortgage interest rates dropped last week to the lowest level since May 2023, causing a surge in mortgage demand from both homebuyers and especially current homeowners. Total mortgage application volume rose 6.9% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was…
Israeli Finance Minister Bezalel Smotrich said “it may be just and moral” to starve 2 million Gaza residents until Israeli hostages are returned, but “no one in the world would let us.” In a speech on Monday at the Katif Conference for National Responsibility in the town of Yad Binyamin,…
A Nobel laureate known as the “banker to the poor” will aim to bring stability to Bangladesh after he answered a call by student protesters for him to temporarily lead the restive country following weeks of deadly anti-government demonstrations. Muhammad Yunus, 84, will head an interim government following the toppling…
Hezbollah leader Hassan Nasrallah said his group will respond to Israel “regardless of the consequences” to avenge the assassination of the group’s top commander a week ago, but keeping Israelis waiting is “part of the punishment.” “Their government, their army, their society, their settlements and their occupiers are all waiting,”…
Hamas announced Tuesday that its leader in Gaza, Yahya Sinwar, will replace Ismail Haniyeh as the head of its political bureau, it said in a statement. The Hamas statement said that the movement announces “the selection of Commander Yahya Sinwar as head of the movement’s political bureau, succeeding the martyred…