Airbus monthly deliveries fall, piling pressure on annual target as production woes persist
October 10, 2024
"Reaching year end delivery guidance will be challenging, but not impossible," analysts at Deutsche Bank said.
International
Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023
October 10, 2024
The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones consensus estimates.
Microsoft announces new AI tools to help ease workload for doctors and nurses
October 10, 2024
Microsoft announced a series of new health-care data and AI tools for clinicians on Thursday.
Delta sales guidance disappoints, CEO says airline expects lower demand around the election
October 10, 2024
Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays.
Ripple launches crypto storage services for banks in bid to diversify
October 10, 2024
Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody.
Tributes pour in for Ratan Tata from industry titans and politicians
October 10, 2024
Tata is credited with taking his business house global via several high-profile acquisitions including that of Jaguar-Land Rover in 2008.
Why the U.S. government is investigating Google
October 10, 2024
A series of complaints say Google's dominant behavior in the online search, advertising, and web applications markets is violating antitrust laws.
7-Eleven’s parent company cuts full-year earnings forecast, presses ahead with restructuring
October 10, 2024
The news comes as the Japanese retail group resists a takeover attempt by Canada's Alimentation Couche-Tard.
Arizona college student accused in random classmate stabbing has attempted murder charge dropped
October 10, 2024
ASU stabbing suspect Kaci Sloan has entered a not-guilty plea. Sloan is charged with stabbing a fellow student multiple times in a classroom on Sept. 19.
Asia-Pacific markets gain ahead of U.S. inflation data; China stocks resume rally
October 10, 2024
Asia-Pacific markets traded higher after the S&P 500 and Dow Jones Industrial Average shook off geopolitical concerns and reached new highs.
China cannot represent Taiwan and should work with Taipei on global challenges, Lai says
October 10, 2024
Taiwan doesn’t accept China’s representation but is open to cooperating on global issues like climate change, President Lai Ching-te said.
Microsoft faces disruption from AI, says outperforming fund manager dumping the stock
October 10, 2024
Yet Wall Street analysts expect Microsoft to rise by 20% over the next 12 months.
Fed officials were divided on whether to cut rates by half a point in September, minutes show
October 10, 2024
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.
Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings
October 10, 2024
Nvidia shares have surged 25% over the last month, with analysts maintaining a bullish outlook as earnings season approaches.
Tech, Media & Telecom Roundup: Market Talk
October 10, 2024
Gain insight on streaming in Canada, Disney’s financials and more in the latest Market Talks covering Technology, Media and Telecom.
Amazon to Add 20 New U.S. Cities to Same-Day Pharmacy Delivery Business
October 10, 2024
Amazon.com said it plans to further expand its pharmacy business by more than doubling the number of cities where customers can get same-day delivery of their medications.
Warren Buffett’s S&P 500 bet paid off. Experts weigh in on whether it’s still a winning strategy
October 9, 2024
Investing in an S&P 500 index fund can let you take a set-it-and-forget-it approach. But some experts say you could be missing an opportunity to diversify.
A Godfather of AI Just Won a Nobel. He Has Been Warning the Machines Could Take Over the World.
October 9, 2024
Geoffrey Hinton hopes the prize will add credibility to his claims about the dangers of AI technology he pioneered.
OpenAI to Open Asia-Pacific Hub in Singapore
October 9, 2024
The maker of ChatGPT plans to open a Singapore office later this year to serve as an Asia-Pacific hub, as it aims to grow its presence in the region.
Left and right prey on weak French government as it prepares ‘austerity’ budget
October 9, 2024
France's new and already beleaguered government is to present its 2025 budget Thursday amid an ongoing fiscal crisis for the euro zone's second-largest economy.
When Cell Service Is Down, You Can Send iPhone Texts via Satellite
October 9, 2024
Hurricane Milton could disrupt phone and Wi-Fi networks. How to stay connected with iOS 18.
X Can Resume Operations in Brazil After Paying Millions in Fines
October 9, 2024
Elon Musk’s social-media platform was banned in August for defying the country’s Supreme Court’s orders.
Short Seller Hindenburg Goes After Roblox
October 9, 2024
The research firm alleges that the videogame company has exaggerated user data and compromises child safety.
Samsung Apologizes for Falling Behind in AI Chips Race
October 8, 2024
The South Korean tech giant’s rivals seize ground in memory and contract manufacturing
LG Electronics Projects Quarterly Profit Drop, Missing Consensus
October 8, 2024
LG Electronics forecast a decline in third-quarter operating profit partly due to increased logistics and marketing expenses, disappointing market expectations for profit growth.
Samsung Apologizes for Expected Earnings Miss Amid Chip Challenges
October 8, 2024
The world’s largest maker of memory chips and smartphones acknowledged its struggle to make headway in supplying more advanced chips as it projected third-quarter earnings growth to slow sharply.
Google Must Make It Easier for App Stores to Compete on Android, Judge Rules
October 8, 2024
An injunction was issued after Epic Games won an antitrust lawsuit—the latest legal blow to the search giant.
One of the Biggest AI Boomtowns Is Rising in a Tech-Industry Backwater
October 7, 2024
Blackstone and TikTok’s parent are among the companies investing in data centers in a Malaysian state better known for its palm-oil plantations.
Harris supporters say she’ll fix immigration, blame Trump for border crisis
October 7, 2024
Supporters of Vice President Kamala Harris argued that former President Trump's effort to kill President Biden's border bill is to blame for the current crisis.
No More Blurry Images: Your Texts Are Getting an Upgrade
October 6, 2024
RCS lets you see read receipts, typing indicators and high-resolution images.
The Hearing Aid Revolution That Wasn’t
October 5, 2024
Over-the-counter models have high return rates. Can Apple’s AirPods Pro 2 change things?
Tech, Media & Telecom Roundup: Market Talk
October 5, 2024
Read about Enghouse Systems, Bilibili, True Corp. and more in the latest Market Talks covering Technology, Media and Telecom.
This Teenage Hacker Became a Legend Attacking Companies. Then His Rivals Attacked Him.
October 4, 2024
His life in cybercrime began at age 11, investigators say, and went on to incursions into Nvidia and “Grand Theft Auto.” His case has brought worries about a new breed of fearless young hackers.
AI to Have Human-Level Abilities in a Few Years, SoftBank CEO Says
October 3, 2024
Masayoshi Son reiterated his bullish forecasts for artificial intelligence in a speech that stressed advances made by OpenAI.
OpenAI Nearly Doubles Valuation to $157 Billion in Funding Round
October 3, 2024
The startup behind ChatGPT raised $6.6 billion from backers including Microsoft, SoftBank and Thrive Capital.
Tech, Media & Telecom Roundup: Market Talk
October 3, 2024
Find insight on BCE, STV Group, box-office results in China, and more in the latest Market Talks covering the Tech, Media & Telecom sector.
Wittenberg University in Ohio cancels events, increases security after shooting threat
September 15, 2024
Wittenberg University in Springfield, Ohio, said it is canceling campus activities and increasing police activity following a shooting threat.
56 days: Kamala Harris has yet to do formal press conference since emerging as Democratic nominee
September 15, 2024
Vice President Kamala Harris hasn’t held a formal press conference with reporters since she became the presumptive and now official Democratic nominee.