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Flight attendants for major U.S. airlines are holding rallies at airports around the country to push for higher pay

Stocks fell sharply after disappointing data on inflation made investors confront the bitter possibility that interest rates will stay high for months longer than they were hoping

A Texas company has reached a multimillion-dollar settlement with the federal government and the state of New Mexico to address air pollution concerns in the largest oil and gas producing region in the United States

A group of Disneyland performers in California are considering joining a union

Tiger Woods in a red shirt on Sunday has become as recognizable as a Masters champion in a green jacket

Shares of JetBlue are up more than 18% in Tuesday afternoon trading as activist investor Carl Icahn took an almost 10% stake in the airline

Airbnb says that it lost $349 million in the fourth quarter because of an income tax settlement with Italy

Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower sales in the U.S. The Atlanta-based beverage giant said Tuesday its revenue rose 7% to $10.8 billion for the October-Decem...

Thousands of U.S. ride-hailing workers plan to park their cars and picket at major U.S. airports in what organizers say is their largest strike yet in a drive for better pay and benefits

The Biden administration is rolling out new recordkeeping rules for U.S. investment advisers in its continued effort to clamp down on money laundering, illicit finance and fraud in the American financial system

North Korea on Wednesday fired multiple cruise missiles into the sea in its fifth test of such weapons since January, South Korea's military said, extending a streak in weapons demonstrations that's elevating tensions in the region. South Korea's Joint Chiefs of Staff said the South Korean and U.S. militaries were analyzing the launches that were detected in waters northeast of the eastern coastal city of Wonsan. The South Korean military didn't immediately provide the exact numbers of missiles fired or how far they flew. It wasn't immediately clear either whether the missiles were fired from land or from sea assets. «Our military has increased surveillance and vigilance and is working closely with our US partners and is closely monitoring signs for further activity from North Korea,» the Joint Chiefs of Staff said in a statement. Experts say North Korea is ramping up pressure on its rivals in an election year in South Korea and the United States with a long-term focus of forcing Washington to accept the idea of the North as a nuclear power and extract security and economic concessions from a position of strength.

World markets today: US stocks sink after inflation data dampens rate cut hopes; Dow, S&P 500, Nasdaq dip over 1% "Investors can look to exit the stocks (fully or partly) from their portfolio: (i) where they did not have conviction, but bought based on external recommendation, (ii) where they have made good profits on stocks which were bought based on their study and conviction, (iii) where the weight of the stock in their portfolio has risen too much and by rebalancing they can bring their weight to appropriate levels," said Deepak Jasani, Head of Retail Research, HDFC Securities. Shrey Jain, Founder and CEO of SAS Online suggests traders worried about their portfolios need to dump high beta stocks.

NATO is a "sacred commitment" for the US, President Joe Biden has said as he slammed his predecessor Donald Trump for his recent remarks encouraging Russia to attack certain nations of the 74-year-old military alliance by calling the comments «dangerous» and «un-American». Biden said the remarks by Trump, his likely challenger in the November 5 Presidential polls, underscored the urgency of passing a USD 95 billion foreign aid package for US allies. The bill just passed the Senate, but it faces political headwinds in the House. At the White House on Tuesday, Biden said a failure to pass the package — which includes USD 60bn for Ukraine — would be «playing into Putin's hands».

Also Read: US consumer inflation reduces to 3.1% in January Currently, the Federal Reserve is maintaining interest rates at their highest level in over two decades, aiming to gradually restore inflation to the targeted 2% rate over the long term. Since March 2022, the US central bank has increased its policy rate by 525 basis points to the current range of 5.25% to 5.50%. As concerns over potential Federal Reserve interest rate cuts heightened due to the significant inflation figures, major equity markets globally concluded Tuesday's session in the red.

Hindalco Industries Ltd share price gained more than 1% in morning trades on Wednesday, however was trading the red thereafter. Hindalco share price had seen sharp correction of more than 12% on Tuesday. Hindalco had posted its December quarter performance on Tuesday.

Editor’s note: In this Future View, students discuss social media and misinformation. Mass propaganda has infected the world for generations. In the 1920s and 1930s, firebrands such as Father Charles E.

Eicher Motors, Wipro, Infosys, LTIMindtree and IndusInd Bank were the losers on Nifty, while BPCL, Adani Enterprises, Apollo Hospital Enterprises, Adani Ports, and Hindalco were the top gainers. Reliance Industries was the only stock in green among the constituents of the Sensex index.Indian benchmark indices were in the red at pre-open on Wednesday, tracking Asian and US peers down, on the back of hotter-than-expected US-inflation data.At opening bell, Sensex was down 519.94 points, or 0.73%, at 71,035.25 and Nifty was down 175.80 points, or 0.81%, at 21,567.45.Reviewing the banking, financial services and insurance sector's December quarter results so far, brokerage house Anand Rathi noted that the higher cost of fund (CoF) impact seen in banks has not yet hit non-banking financial companies.

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Bank of America has named Infosys McCamish Systems (IMS), the US subsidiary of Indian software services giant Infosys, as the source of a data leak owing to a ransomware attack suffered by over 57,000 of its users in November, according to documents reviewed by ET. “On or around November 3, 2023, IMS was impacted by a cybersecurity event when an unauthorized third party accessed IMS systems, resulting in the non-availability of certain IMS applications. On November 24, 2023, IMS told Bank of America that data concerning deferred compensation plans serviced by Bank of America may have been compromised,” said a letter sent earlier in February to Bank of America consumers informing about the data breach. ET has reviewed the letter.

Airbnb forecast first-quarter revenue above Wall Street estimates on Tuesday, as it expects a boost from strong cross-border travel and longer-duration bookings. International travel demand is expected to remain strong this year as global air connectivity increases and travelers flock to Asian and Latin American countries, while domestic travel demand plateaus in North America.

Amazon.com. The consumer protection agency filed the long-awaited antitrust lawsuit against Amazon on September 26, accusing the online retailer of operating an illegal monopoly, in part by fighting efforts by sellers on its online marketplace to offer products more cheaply on other platforms.