Visa on Tuesday announced plans to cut 7% of its workforce, or about 2,600 jobs, as the payment processor moves forward with a push to operate more efficiently. The job cuts are expected to primarily affect technology and product teams.”I have deep conviction that we are doing what is right…

This story about the Federal Reserve’s July 2026 interest rate decision is breaking news. Please check back for updates. The Federal Reserve on Wednesday announced that it will hold interest rates steady due to concerns about elevated inflation amid the war in Iran.Fed policymakers voted 9-3 to leave the benchmark federal…

Airbus completed a test flight lasting more than 24 hours, a key step toward Qantas’ planned nonstop service linking Australia and Europe. The aircraft – a specially adapted A350-1000ULR – flew 14,338 miles from Melbourne, Australia, to Toulouse, France, in 24 hours and 24 minutes, according to Flightradar24 data.The flight…

Commercial aviation is running two clocks at once. On one hand, Boeing and Airbus are effectively sold out for the better part of a decade. On the other hand, airlines need to put passengers in seats this summer. The gap between the two — between the planes the world has…

Cracker Barrel is set to pay outgoing CEO Julie Masino several million dollars in severance pay after her departure from the company, while also covering security costs for a period of time. The restaurant chain announced on Monday that Masino would step down as CEO on Aug. 10 and will…

Six Flags Great Adventure is aiming to rewrite the roller coaster record books with a towering new attraction designed to send riders rocketing skyward, spinning and launching upside down in a ride unlike anything built before. The New Jersey theme park unveiled plans Tuesday for Bakunawa, a new roller coaster…

EXCLUSIVE: By next summer, Miami’s skyline will be shaped by a new architectural landmark, bringing a fresh wave of corporate titans and global elites into the heart of South Florida. As Cipriani Residences Miami officially topped off its approximately 950-foot construction project — the tallest residential tower in the city…

Advances in artificial intelligence (AI) are set to help reshape the healthcare industry in the years ahead, a new report finds. The Institute of Electrical and Electronics Engineers (IEEE), the largest group of technical professionals that’s dedicated to advancing technology to benefit humanity, released its Technology Megatrends 2030 Report on…

Costco shoppers in Washington may be eligible to receive a cash payout after the retailer agreed to settle a class action lawsuit accusing the retailer of sending misleading promotional emails advertising limited-time offers. The lawsuit alleges Costco violated Washington’s Commercial Electronic Mail Act (CEMA), which regulates commercial email marketing.  Under…

An American Airlines flight from Rome to Philadelphia diverted to Dublin on Saturday after a reported odor onboard prompted a medical evaluation for multiple people.  Flight 719, a Boeing 787-9 Dreamliner, departed Leonardo da Vinci International Airport (FCO) around noon local time but diverted to Dublin Airport roughly three hours…