Business

Federal judge rules against Trump admin, allows offshore wind project to resume

Construction on a U.S. offshore wind project has resumed after a federal judge ruled that Denmark’s Orsted may move forward, even as the Trump administration’s broader legal effort to permanently block the project remains ongoing. The ruling, handed down on Monday, is a legal setback for President Donald Trump. Attorneys…

US economy grew faster than expected in the second quarter

The U.S. economy accelerated in the second quarter as the Commerce Department released its second revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic Analysis (BEA) on Thursday released its third and final estimate of second-quarter GDP, which showed the economy grew at…

Starbucks to close stores, cut jobs as part of turnaround strategy

Starbucks CEO Brian Niccol announced Thursday that the coffee giant will close underperforming stores in the U.S., cut 900 non-retail partner roles and freeze many open positions as part of its ongoing turnaround strategy. Niccol said in a letter to employees that during a review of Starbucks’ North America coffeehouse…

Man arrested in connection with cyberattack that disrupted flights worldwide

A man was arrested in connection with a cyberattack that disrupted operations at several European airports, the U.K.’s National Crime Agency said. The incident, first reported on Sept. 19, impacted flights at London’s Heathrow Airport and others over the weekend, according to the agency. The suspect was arrested in West Sussex,…

© 2025 Time Bulletin. All Rights Reserved.