Business

JPMorgan and Wells Fargo reported that overall deposits dropped. At Wells Fargo, a core measure of profitability sank.

The breach affected “nearly all” AT&T customers who used the company’s services between May and October 2022. The stolen data does not include content of calls and texts, the company said.

Major telecom companies agreed to stop using critical components made by Chinese companies in their mobile infrastructure by 2029.

The term, which traces to 2005, describes a phenomenon where companies appoint women to leadership roles in moments of crisis, which can set them up for failure.

Stocks prospered in the first half of 2024 but national politics clouds the outlook.

China’s factories have begun an export blitz, prompting worries around the world about the effect on economies elsewhere.

The band said that the restaurant chain had ripped off the song and its music video in advertising videos posted to social media. The group has won similar cases in the past.

A Jeep plant that closed last year will be among those that will benefit from federal grants meant to help automotive manufacturers and protect jobs.

SpaceX employees are working on plans for a Martian city, including dome habitats, spacesuits and researching whether humans can procreate off Earth. Mr. Musk has volunteered his sperm.

An increase of more than 8 percent will take effect on Sept. 1. The base membership will go up by $5, to $65 per year.