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Jury awards $49.5M to the family of a woman killed in 2019 Boeing Max crash7:02 A federal jury in Chicago has awarded $49.5 million to the family of a 24-year-old nonprofit global health worker killed in the 2019 crash of a Boeing 737 Max jet in Ethiopia Canada aims to double electric grid by 2050 with clean energy, lower costs for users7:02 Canadian Prime Minister Mark Carney unveils a clean electricity strategy aimed at doubling Canada’s electricity grid by 2050 Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials7:02 Shoppers pulled back on spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials US filings for jobless benefits hits 211,000 as the war in Iran drags on7:02 The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran Honda records its first-ever annual loss on a costly EV strategy7:01 Honda says it racked up a full-year loss for the first time ever, losing $2.7 billion in the last fiscal year due to a costly electric-vehicle strategy Trump and DeSantis sued over donation of Miami land for extravagant presidential library7:01 Miami residents have sued President Trump, Miami Dade College, and Florida officials over plans to donate downtown Miami property for Trump's presidential library War worsens Lebanon's economic crisis with job losses, price gouging2:13 The latest war between Israel and Hamas, and the closure of the Strait of Hormuz, have sent economic shock waves across the Mideast Starbucks to lay off 300 US corporate workers and close regional offices16:04 Starbucks said Friday it’s laying off 300 corporate employees and closing some U.S. offices as part of its ongoing turnaround Winner pays $9M in charity auction for lunch with Warren Buffett, Stephen Curry14:28 Someone paid more than $9 million to have lunch with basketball player Stephen Curry and Warren Buffett, and the legendary investor also promised to match the winning bid so both their favorite charities will benefit Trump says he hasn't determined whether to move forward on major arms package for Taiwan after summit with China's Xi14:28 Trump says he hasn't determined whether to move forward on major arms package for Taiwan after summit with China's Xi Takeaways from Fed chair Jerome Powell's legacy14:27 When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs Norway defends its decision to cancel missile system sale to Malaysia13:55 Norway's foreign ministry confirms it has revoked export licenses for a naval missile system to Malaysia, restricting sales of sensitive defense technologies to allies and close partners BRICS ministers fail to issue a joint statement over differences on conflict in the Middle East13:55 A two-day meeting of BRICS foreign ministers in New Delhi has ended without a joint statement due to differing views on the Middle East |