World logs hottest day since records began

Italy extreme weather 230724 EU Nurphoto | Nurphoto | Getty Images The world’s average temperature climbed to its highest level ever recorded on Sunday, according to the European Union’s climate monitor. The EU’s Copernicus Climate Change Service (C3S) found that the global average surface temperature rose to 17.09 degrees Celsius (62.76 degrees Fahrenheit) on July … Read more

Secret Service director resigns over Trump shooting outrage

United States Secret Service Director Kimberly Cheatle testifies before the House Oversight and Accountability Committee during a hearing at the Rayburn House Office Building on July 22, 2024 in Washington, DC.  Kent Nishimura | Getty Images U.S. Secret Service Director Kimberly Cheatle resigned Tuesday following widespread outrage over how her agency failed to prevent the … Read more

GM slows its EV plans again even as sales grow

GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand’s first EV. The six-month delay … Read more

Lawmakers unveil PBM reform bill amid rising drug costs

Feverpitched | Getty Images Bipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices of drug supply chain middlemen who are widely accused of inflating prescription medication prices and harming U.S. patients and pharmacies. The legislation aims to ensure community pharmacies can provide care to patients enrolled in … Read more

DOT investigating Delta over IT outage chaos

Delta Airlines passengers line up for agent assistance at Hartsfield-Jackson Atlanta International Airport on July 22, 2024 in Atlanta, Georgia.  Jessica Mcgowan | Getty Images The U.S. Department of Transportation’s Office of Aviation Consumer Protection is investigating Delta Air Lines over chaos sparked by last week’s global IT outage, according to a statement. The DOT … Read more

Coca-Cola (KO) Q2 2024 earnings

Coca-Cola on Tuesday raised its full-year outlook as global demand for its drinks rose in the second quarter. For 2024, Coke now expects organic revenue growth of 9% to 10%, up from its prior forecast of 8% to 9%. The company also raised its outlook for comparable earnings growth to a range of 5% to … Read more

Dark oxygen discovered in the deep sea in groundbreaking study

A team of international scientists has found that oxygen is being produced in complete darkness approximately 4,000 meters below the ocean’s surface. Chaluk | Istock | Getty Images An international team of scientists has discovered that oxygen is being produced by potato-shaped metallic nodules thousands of feet below the surface of the Pacific Ocean. The … Read more

GM Cruise Origin autonomous vehicle indefinitely delayed

DETROIT – General Motors is indefinitely delaying production of its Origin autonomous vehicle as its embattled Cruise self-driving unit attempts to relaunch operations. The Detroit automaker said Tuesday its majority-owned robotaxi unit will instead focus on using the next-generation Chevrolet Bolt for development of autonomous vehicles. Cruise has been using now-discontinued Bolts for autonomous vehicle … Read more