Saturday, October 24, 2026
14 stories
Six Flags will install additional restraints on some roller coasters after a fatal incident in Georgia. The decision adds seat belts as an extra safety measure on affected rides, following the death that prompted the review.
Former FBI officials have been charged in a federal criminal case centered on their testimony to Congress. The case focuses on what the defendants said about their role in investigations into the former president's son.
The New York City Council voted 40-7 to ban horse carriages, ending decades of debate over the practice. Animal-rights activists had long criticized the carriages, and the vote now phases them out of the city.
A fierce local school board election in Beverly Hills has pitted parent against parent in one of America's wealthiest enclaves. National politics are fueling the fight, turning a local race into a proxy battle.
Federal prosecutors allege that a California drug-rehab operator supplied recovering addicts with drugs in order to keep billing their insurers. The charges describe an insurance-fraud scheme built on keeping patients in treatment.
Meta has been ordered to pay $25 billion to New Mexico in a data-privacy case, a striking penalty for a tech giant. The ruling lands as lawmakers also probe Google's AI tools in schools and researchers flag an AI-found bug affecting a large share of websites.
American Express plans to cut about 5% of its global workforce, roughly 3,500 jobs, saying the move will reduce layers and speed up decision making. It is the latest in a week of large layoff announcements from Barclays, eBay and Volvo.
U.S. Steel will invest nearly $3 billion in a new hot strip mill near Pittsburgh, replacing aging equipment with modern steelmaking technology. The project lifts annual production capacity to about 3.5 million tons from 2.2 million tons.
Oil prices closed the week solidly higher as markets stayed on edge about possible renewed U.S.-Iran hostilities and further attacks on Saudi energy infrastructure. The risk premium reflects worry that a wider conflict could disrupt supplies.
A tanker carrying Russian diesel intermittently signaled it was headed to a U.S. port, potentially marking a resumption of direct shipments. The movement comes amid a push to increase fuel supplies to global markets following a Trump-Putin deal.
Elon Musk has long mixed resources and ambitions across SpaceX and Tesla, his two largest companies. A formal merger would make that entanglement official, raising questions about how the combined businesses would be valued and run.
Archer plans air taxi networks in Austin, Houston and the Dallas-Fort Worth area, aiming to connect major airports, business hubs and tourist destinations. The launch brings electric air taxis a step closer to everyday service in Texas cities.
Comcast will take a charge of more than $1 billion in the fourth quarter as it redesigns its business amid continuing domestic broadband-subscriber losses. The restructuring is an effort to reset a core business under pressure.
Shares in Kering fell after the French luxury group's sales dropped on a 6% decline at Gucci, which makes up nearly half of group revenue. The hoped-for recovery in luxury demand keeps receding, disappointing investors.