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Business

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Australian court slaps Qantas with $58 million fine over staff layoffs
Australian court slaps Qantas with $58 million fine over staff layoffs

SYDNEY, Australia: Australia's flag carrier Qantas Airways has been ordered to pay A$90 million (US$58.6 million) after a court ruled...

Technology stocks dive, broader market dips
Technology stocks dive, broader market dips

NEW YORK, New York - Tech stocks led a downturn on U.S. stock markets on Tuesday as majors including Nvidia fell sharply. The AI trade...

New Texas facility will breed sterile flies to protect US cattle herds
New Texas facility will breed sterile flies to protect US cattle herds

WASHINGTON, D.C.: The U.S. Department of Agriculture (USDA) will invest up to US$750 million to construct a new production facility...

Berkshire Hathaway takes $1.6 billion UnitedHealth stake, shares surge
Berkshire Hathaway takes $1.6 billion UnitedHealth stake, shares surge

MINNETONKA, Minnesota: Shares of UnitedHealth Group have surged since Warren Buffett's Berkshire Hathaway disclosed ilast week it had...

Uneventful day on Wall Street Monday, Nasdaq Composite inches up
Uneventful day on Wall Street Monday, Nasdaq Composite inches up

  NEW YORK, New York - There was little movement on Wall Street Monday as investors awaited news from the summit in DC involving...

OpenAI workers look to sell $6B in stock at $500B valuation
OpenAI workers look to sell $6B in stock at $500B valuation

SAN FRANCISCO, California: Current and former staff at OpenAI are preparing to sell nearly US$6 billion worth of shares in a secondary...

Ohio

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Luxury brands see little pushback on price hikes from affluent U.S.
Luxury brands see little pushback on price hikes from affluent U.S.

LONDON, U.K.: For now, America's wealthier consumers appear unfazed by price increases on high-end products, from Birkenstock sandals...

Eli Lilly accused by Texas AG of bribing providers to push drugs
Eli Lilly accused by Texas AG of bribing providers to push drugs

WASHINGTON, D.C.: Texas Attorney General Ken Paxton has filed a lawsuit against U.S. pharmaceutical giant Eli Lilly, alleging the company...

Arch Manning: Grandpa Archie apologized for NFL comments
Arch Manning: Grandpa Archie apologized for NFL comments

(Photo credit: Gary Cosby Jr. / USA TODAY NETWORK via Imagn Images) Arch Manning has started only two games in his collegiate career...

Daily World Briefing, Aug. 20
Daily World Briefing, Aug. 20

Indian PM meets Chinese FM on ties Indian Prime Minister Narendra Modi met here on Tuesday with visiting Chinese Foreign Minister...

Jizzle James, son of Edgerrin, dismissed by Cincinnati basketball
Jizzle James, son of Edgerrin, dismissed by Cincinnati basketball

(Photo credit: William Purnell-Imagn Images) Junior guard Jizzle James, Cincinnati's leading scorer last season, has been dismissed...

U.S. Open mixed doubles: Venus Williams out in first round
U.S. Open mixed doubles: Venus Williams out in first round

(Photo credit: Sam Greene/The Enquirer / USA TODAY NETWORK via Imagn Images) Venus Williams showed that her serve knows no age, but...