Recently, CrowdStrike disclosed that Delta Air Lines declined onsite assistance during a major outage that resulted in numerous flight cancellations. Delta CEO Ed Bastian revealed that the outage cost the company around $500 million in losses, including compensation for affected customers. In response to this crisis, Delta has made the decision to pursue legal action
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Walgreens, a well-known pharmacy chain, recently disclosed plans to shut down a significant number of its 8,600 stores in the U.S. The decision came as a result of only 75% of the stores being profitable, leaving the remaining one-quarter facing closure by 2027. This move reflects a broader trend of struggles within the retail pharmacy
Defense Secretary Lloyd Austin made a bold move on Friday by withdrawing the controversial plea deal for the three men accused of planning the 9/11 attacks. This decision was made by Austin himself, as he signed a memo reserving the specific authority to enter into pre-trial agreements with the accused in the 9/11 military commission
The 2024 Paris Olympics have kicked off with a bang, but not without facing extreme challenges due to the scorching heat. With temperatures soaring as high as 36 degrees Celsius (97 degrees Fahrenheit), athletes from different countries have been struggling to cope with the intense heatwave. U.S. gymnast Simone Biles took to Instagram to address
As the Federal Reserve hints at the possibility of interest rate reductions, various sectors of the market are eagerly awaiting these changes. Chief economist Claudia Sahm has expressed concerns about the Fed’s delay in normalizing interest rates, citing the potential risks to the economy. According to Sahm, the Fed needs to gradually reduce interest rates
Donald Trump is set to participate in a question-and-answer session at the National Association of Black Journalists Annual Convention in Chicago, where he will be addressing key issues affecting the Black community. This event is crucial for Trump as he aims to appeal directly to voters of color, especially after winning just 12% of Black
As Microsoft prepares to unveil its fiscal fourth-quarter earnings, expectations are high among analysts. The estimated earnings per share stands at $2.93, with a projected revenue of $64.39 billion. This forecast indicates a 15% year-over-year revenue growth, following a robust 17% expansion in the previous quarter. Such figures suggest a positive trajectory for the tech
In a recent announcement, Apple revealed that its artificial intelligence models powering Apple Intelligence were trained using processors developed by Google. This decision signifies a shift in the industry as major tech companies seek alternatives to Nvidia for cutting-edge AI training. Apple’s adoption of Google’s Tensor Processing Unit (TPU) for training was outlined in a
Former President Donald Trump recently proposed the idea of establishing an official U.S. bitcoin strategic reserve during a keynote speech at the Bitcoin Conference in Nashville. However, his proposal fell short of promising to create such a reserve and instead focused on maintaining the current level of bitcoin holdings acquired from seizing assets from financial
As Venezuelan President Nicolas Maduro gears up for his third term in office, the upcoming presidential election has been marked as one of the most open contests in the country in over a decade. Analysts speculate that this election could pave the way for significant change, provided Maduro is willing to step down if he