A dramatic demand for electricity, coupled with a rise in costs, could create massive energy challenges for the United States over the next two decades, a new report released Tuesday by ICF found. The global consulting and technology services company predicted that electricity demand could jump at least 25% in the next five years and as […]
Universal Orlando’s Epic Universe opens this week. Get a glimpse inside the new Florida theme park.
Universal Orlando Resort is opening the gates to its Universal Epic Universe theme park on Thursday, just in time for Memorial Day weekend. The fourth addition to Universal Orlando’s Florida portfolio, Epic Universe will open to the public on May 22, immersing visitors in the worlds of Harry Potter, Super Mario, “How to Train Your […]
Fanatics promo event pits sports fans against pros like Tom Brady — with top prize of $1 million
Ever wonder what it would be like to face off against a sports legend like Tom Brady? Well, now you can. Fanatics, the global sports platform that offers everything from team shirts and collectibles to online betting, is introducing a “first-of-its-kind” skills-based contest at its second annual Fanatics Fest, the company said in a statement […]
Home Depot says it’s keeping prices steady after Trump berates Walmart
Home Depot said it’s keeping its prices steady, after President Trump berated Walmart for warning of forthcoming price hikes related to tariffs. The home improvement retailer said it’s both working with suppliers to hold prices where they are and is also moving production out of China, to avoid steep levies. A 30% tariff is currently […]
Mortgage rates climb back above 7% after Moody’s U.S. debt downgrade
The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody’s downgraded the U.S. credit rating on Friday over concerns about the government’s growing debt levels. It’s the first time since April 11 that the average 30-year mortgage rate has jumped above 7%, according […]
Newark airport experiences another air traffic control outage
Exclusive video shows Newark controllers losing radar during outage Exclusive video shows Newark controllers losing radar during outage 02:13 The Federal Aviation Administration is investigating a brief radio system outage at the Philadelphia air traffic control center responsible for handling flights at Newark Liberty International Airport. The FAA said the control center lost radio frequencies […]
Climate change could drive surge in foreclosures and lender losses, new study finds
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds. First Street, a research firm that studies the impact of climate change, projects in an analysis released Monday that foreclosures across the U.S. caused by flooding, wind and other weather-related […]
Wendy McMahon to step down as president and CEO of CBS News, Stations and CBS Media Ventures
Wendy McMahon announced on Monday that she will step down from her role as president and CEO of CBS News and Stations and CBS Media Ventures. McMahon, who joined CBS in 2021 and has held the CEO role since 2023, called the job one of the most meaningful of her career, but noted the past […]
Sesame Street signs deal with Netflix for its 56th season
PBS CEO on Trump targeting funding PBS CEO says “we have never seen a circumstance like this” after Trump targets funding 10:51 Sesame Street has a new home at Netflix, where the children’s show’s 56th season will air later this year. Ninety hours of previous programming will also become available on the streaming platform, Sesame […]
23andMe files for bankruptcy and will try to find a buyer
23andMe, a formerly high-flying genetic testing company, announced Sunday that it was declaring bankruptcy and that it would seek a buyer. The company also said CEO and co-founder Anne Wojcicki is resigning immediately and will be replaced by Chief Financial and Accounting Officer Joe Selsavage as interim chief executive. 23andMe moved in November to slash […]