One passenger was killed when an engine blew out on a Southwest Airlines Co. jetliner carrying 148 people, marking the first fatality on a U.S.-registered airline in more than nine years.
The U.S. Internal Revenue Service’s online filing system was experiencing malfunctions on Tuesday -- the day tax returns are due for most taxpayers.
Move over Netflix, Twitter’s on an even bigger tear.
With five banks down and one to go, all eyes are on stock trading.
Tesla’s recall of 123,000 Model S cars could temporarily disrupt cash flows to the company’s $523 million bonds backed by auto leases, modestly hurting investors, according to Moody’s Investors Service.
A Manhattan office tower co-owned by Kushner Cos. and Vornado Realty Trust had its worst year since the two firms became partners in the building in 2011.
The Trump administration is planning to transfer responsibility for tracking everything up there to the Commerce Department.
Starbucks Corp. is temporarily closing more than half of its domestic stores next month so employees can undergo racial-bias training, a response to the arrest of two black men at one of its cafes in Philadelphia.
The Arizona sheriff pardoned by President Donald Trump for racially profiling immigrants in violation of a court order has a new fight on his hands.
John Williams, who takes the helm of the powerful Federal Reserve Bank of New York in June, played down risks the yield curve would become inverted as the U.S. central bank gradually raises interest rates.
A Southwest Airlines Boeing 737-700 suffered an uncontained engine failure.
Fox News said it was "surprised" to find out about the relationship between Hannity and Cohen, but added that it conducted a review and stands by its host.
BI PRIME: Goldman Sachs launched Marcus, an online lending business, in October 2016. The business handed out around $500 million in loans in the first quarter,
The Internal Revenue Service is having technical issues with its online filing system on Tax Day, the deadline to file 2017 federal tax returns.
BI PRIME: The women's focused digital publication LittleThings abruptly shut down following Facebook's recent algorithm tweak. Now its mounting a comeback.
Saudi Crown Prince Salman recently visited the US, meeting with top politicians and businesspeople including President Trump, Bill Gates, and Oprah Winfrey.
BI Prime: Here's how the fintech startup Blockchain convinced a former Goldman Sachs executive to go all in on crypto.
Starbucks is closing all US stores on May 29 after an incident in which two black men were arrested in a Philadelphia location.
BI PRIME: JPMorgan is a Wall Street giant, but it's actively engaged in the fintech space. How does it decide when to invest in or acquire a startup?
Daniels took to ABC's "The View" with her attorney and released a sketch of the man she said threatened her to "leave Trump alone" in a 201.
With just under seven months remaining until the midterms, Democrats have a solid lead on the generic congressional ballot in Pennsylvania.
Southwest confirmed that flight 1380 was diverted to Philadelphia, but did not provide any further information on the reason.
Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near. The firm maintains that boosts from fiscal policy are largely priced into the market and unlikely to last much longer.
Employers appear to be using proceeds from corporate tax cuts to continue the practice of rewarding shareholders and executives over workers. In the first quarter of 2018, corporate America dedicated $305 billion to stock buybacks and cash takeovers compared to $131 billion in pre-tax wage growth, according to market and economic data firm TrimTabs.
Here's a good reason why you shouldn't wait until the last minute to file: The IRS's Direct Pay page is down on Tax Day.
Donald Trump hopes to hold a summit meeting with Kim Jong Un but it is possible that such a meeting may not happen.
IBM is expected to report revenue growth for the second quarter in a row.
If California Republican Kevin McCarthy becomes the next House speaker, the move could carry significant implications for the nation's most populous state and several major industries: agriculture and oil.
Some industrial and semiconductor stocks could get a boost from their upcoming earnings reports as stock analysts step up their expectations, according to analysis from MKM Partners.
Microsoft's president and chief legal officer said on CNBC's Closing Bell on Tuesday that the company can "pick and choose" its customers.
A New York City-to-Dallas flight made an emergency landing in Philadelphias. Follow here for the latest.
A Southwest Airlines plane flying from New York to Dallas had to make an emergency landing in Philadelphia on Tuesday morning after one of its engines malfunctioned, according to a passenger.
CNN aviation analyst Peter Goelz said a type of engine that is usually "extraordinarily reliable" likely came apart on the Southwest flight, causing today's emergency landing.
A Southwest airplane made an emergency landing at the Philadelphia International Airport after an engine blew in flight. CNN's Miles O'Brien reports.
A Twitter account for Philadelphia's airport said that passengers from Flight 1380 were now being brought inside the terminal, and that flights were departing and arriving but "passengers should expect delays."
NTSB Chairman Robert Sumwalt said one passenger has died in the incident involving Southwest flight 1380.
Stormy Daniels released a composite sketch on Tuesday of the man she alleges threatened her in 2011 and is offering a $100,000 reward to anyone who can identify the perpetrator.
Stormy Daniels and her lawyer Michael Avenatti have released a sketch of a man she says threatened her and her child over accusations against Donald Trump.
President Trump is meeting with Japanese Prime Minister Shinzo Abe in Florida as former FBI director James Comey's book is published. Follow here for the latest.
Something isn't adding up in the case of Michael Cohen and Sean Hannity.
General Motors is spinning up its electrification plans and today announced the stunning, poorly-named Buick Enspire concept at Auto China 2018. As a concepts go, this one looks great and rather feasible. GM says its powered by Buick’s eMotion powertrain that can produce a maximum output of 4…
Ripple CEO Brad Garlinghouse and Arrington XRP Capital founder (and TechCrunch founder) Michael Arrington will be joining us at TechCrunch Disrupt SF in September to talk money. Garlinghouse has had a long and storied career in the tech industry, serving as a Senior Vice President at Yahoo!, Presid…
A long-running legal battle between the U.S. government and Microsoft has been dismissed by the Supreme Court after the crux of the conflict was mooted by recent legislation. The company will now be forced to provide data stored on servers in Ireland that it had previously said should be obtained t…
This year, artificial intelligence will further elevate the enterprise by transforming the way we work, securing digital assets, increasing collaboration and ushering in a new era of AI-powered innovation. Enterprise AI is rapidly moving beyond hype and into reality, and is primed to become one of …
Amazon has quietly launched an Android web browser app for emerging markets, where access to mobile data and high-speed connectivity is more limited. The browser has the rather generic name of: “Internet: fast, lite and private” on Google Play, and promises to be “lighter than the…
Amazon is developing a series based on William Gibson’s science fiction novel The Peripheral. Variety reports that the series is being considered for a straight-to-series order, with Scott B. Smith writing and executive producing, and Lisa Joy and Jonathan Nolan (creators of the HBO remake of…
Two former product wizards from Facebook and Google are combining Silicon Valley’s buzziest buzz words –search, artificial intelligence, and big data — into a new technology service aimed at solving nothing less than the problem of how to provide professional meaning in the modern…
Justin Kan is qualified to teach you how to pitch, and isn’t shy about it. Having raised about $90 million for a few companies and sold his startup Twitch to Amazon for almost a billion dollars, not being shy is actually part of what Kan teaches. His legal services startup Atrium today offici…
Commissioner Mignon Clyburn is stepping down from the FCC after eight years on the job. She broke the news at the Commission's monthly open meeting, confirming the plans to move on that she has mentioned since the new administration took over.
At the end of last year, Snap introduced Lens Studio, a platform that allows developers to create AR lenses for Snapchat. Today, the company is announcing new features for Lens Studio, including seven brand new templates for the creation of face lenses. Before now, only World Lens creation was avai…
Apple News may integrate company's purchase of Texture magazine service
Kratos is great at raising hell, but can he raise a son?
Moto’s slick budget phone bares nearly all
New update addresses the problem
Find a great price on a great TV
It will look for Earth 2.0
A trade war with America and the battle against debt at home cloud the horizon
The former FBI director says Donald Trump is morally repugnant
Dear Reader, This year The Economist celebrates its 175th anniversary. James Wilson, a hatmaker from Scotland, founded this newspaper in September 1843 to argue against Britain’s Corn Laws, which imposed punitive tariffs on grain. We have advocated free trade, free markets and open societies ever since.
The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
Despite its recent economic success, the future looks uncertain
Universities are supposed to be places that challenge conventional wisdom, push forward the boundaries of knowledge and follow intellectual inquiry wherever it leads. But an increasing share of students seem happier to ban than challenge ideas they consid
AMC’s zombie epic is losing viewers and inspiration
The Economist has launched the Open Future initiative to re-state the case for the values of classical liberalism—that is, political, economic and social freedom—to address the challenges of the 21st century.
Flags of convenience play a big part
The trend towards fewer burials and more cremations is likely to continue
The four largest banks in the U.S. just cashed in the first installment of benefits corporate America will reap from the new federal tax law. The haul: more than $2.3 billion.
China said it will phase out rules requiring foreign auto makers to share their factory ownership and profits with Chinese companies by 2022, answering U.S. calls for a level playing field in the world’s biggest auto market.
As Starbucks Corp. faces pressure over its handling of employee encounters with black customers, the company said it would temporarily close thousands of its U.S. company-owned stores in May to conduct racial-bias education.
President Trump’s nominees for CIA chief and secretary of state are running into headwinds in the Senate, with lawmakers citing concern over their stances on the Iran nuclear deal and interrogation.
A Southwest Airlines jet made an emergency landing at Philadelphia’s airport with part of the covering from its left engine ripped off and a window damaged.
The country’s seven-year civil war is systematically destroying the country’s health-care system and fueling a public health catastrophe. ‘No hospital, no doctors, no pharmacies.’
Hundreds of colleges and universities are using academic scholarships and other merit-based financial aid to gain an edge in the battle for students. Private colleges reported record tuition-discounting rates last year.
Some IRS computer systems are “experiencing technical difficulties” on the deadline to pay individual income taxes for 2017, the U.S. tax agency said Tuesday.
Billionaire Steven Cohen is backing a startup that aims to prevent high-frequency traders from eating away at the profits of stock-pickers like himself.
Justice Neil Gorsuch joined liberal justices to provide the tie-breaking vote in a Supreme Court ruling Tuesday that said a federal immigration law requiring deportation for certain crimes was unconstitutionally vague.