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Boeing Posts Loss as Cash Flow Improves

Boeing reported a $5.3 billion third-quarter loss, largely from a charge tied to delaying the 777-9 to 2027, even as other metrics brightened: revenue topped $23 billion, production of the 737 Max increased, and free cas…

US, South Korea Agree Tariff Cuts, Investment

After nearly two hours of talks, the US and South Korea said they reached a broad trade deal: reciprocal tariffs will fall from 25% to 15%, and Seoul will invest $350bn in the US, including $200bn in cash and $150bn in s…

Futures Rise; Nvidia Tops $5 Trillion

U.S. stocks pointed higher premarket Wednesday as investors eyed corporate earnings and a Federal Reserve decision expected to deliver a 25-basis-point cut amid scant data and a slowing job market. Futures for the S&P 50…

Mega Millions Jackpot Climbs To $754 Million

After no ticket matched all six numbers Tuesday night, the Mega Millions jackpot rose to $754 million, the year’s second biggest lottery prize. The eventual winner would collect far less after taxes and deductions. The n…

NBCUniversal Lands Taylor Sheridan as Paramount Holds Back

Paramount’s new regime courted Taylor Sheridan on his Texas ranch after the Skydance-Paramount merger, but the prolific hitmaker instead signed with NBCUniversal in a deal worth up to $1 billion, with film work beginning…

Trump, Seoul Struggle Over Investment Terms

President Donald Trump in Gyeongju to press a trade deal with South Korea, but talks are slowing over his demand for $350 billion in U.S.-bound investment. Seoul prefers loans, guarantees and a currency swap line, saying…

Microsoft tops $4 trillion after OpenAI deal

Microsoft closed up 2% at $542.07, lifting its market value to $4.04 trillion and returning it to a small club that includes Nvidia—and briefly, on Tuesday, Apple. The gain followed OpenAI’s move to convert into a public…

Stocks Hit Records as AI Rally Builds

Stocks notched records Tuesday as investors crowded into the AI trade ahead of the Federal Reserve’s rate decision. S&P 500, Nasdaq, and Dow set all-time intraday highs, with Nvidia jumping about 5% after unveiling moves…

Amazon, UPS, Target layoffs signal job-market shift

After months of a 'no hire, no fire' job market, sweeping cuts at Amazon, UPS and Target are shifting the tone. Amazon will cut 14,000 jobs as it leans into AI; UPS says its workforce is down 48,000 from a year ago; Targ…

Amazon to Cut Thousands, Citing AI Upheaval

Amazon will cut thousands of corporate jobs, blaming AI's rapid shift, according to a memo from SVP Beth Galetti. The move, despite strong profits, aligns with layoffs at Salesforce (4,000), Lufthansa (4,000) and Chegg (…

Airlines Feed Controllers Amid Shutdown Strains

On Day 28 of the shutdown, air traffic controllers missed their first full paychecks, and airlines brought food. United is donating meals at hubs including Chicago, Denver, Houston, Los Angeles, Newark, San Francisco, an…

Nvidia to Invest $1 Billion in Nokia

Nvidia plans to invest $1 billion in Nokia, taking a 2.9% stake as the Finnish company shifts from mobile networking kit toward artificial intelligence. Nokia will issue about 166 million shares to Nvidia at $6.01 each, …

AMD quietly rebrands older Ryzen laptop chips

AMD has quietly reassigned model numbers to a range of Ryzen laptop chips without altering the silicon, adding fresh labels to 2022-vintage parts. The rebranded processors use Rembrandt‑R (Zen 3+ CPU, RDNA 2 graphics) or…

UPS beats estimates, shares jump on turnaround

UPS topped Wall Street expectations ahead of the holidays, sending shares up 10% premarket. The company posted adjusted EPS of $1.74 on $21.4 billion in revenue, and net income of $1.31 billion, down from $1.99 billion a…

Trump strikes Asia rare earth supply deals

On an Asia tour, US President Donald Trump unveiled a spate of rare‑earth agreements with Japan, Malaysia, Thailand, Vietnam and Cambodia, seeking to diversify supplies away from China ahead of talks with Xi Jinping. The…

U.S., China Edge Toward Limited Detente

With presidents Donald Trump and Xi Jinping set to meet Thursday in Busan, the United States and China signaled progress but not a grand bargain. Officials touted a preliminary consensus and a “very successful framework,…

HSBC Beats Profit View, Books Madoff Provision

Europe’s largest lender HSBC beat quarterly profit expectations, posting $7.3 billion in pre-tax profit for the three months to September versus a $5.98 billion consensus, even as profit fell nearly 14% year on year on h…

Trump Import Push Rattles Cattle; Aid Announced

On an Iowa farm, Burleen and Pete Wobeter watched their lone bright spot—cattle—dim after President Trump said he would quadruple beef imports from Argentina to lower prices, sending wholesale cattle prices tumbling. Soy…

Twin electric turbos power 2026 911 Turbo S

Porsche’s 2026 911 Turbo S deploys twin, motor-assisted turbos that spool almost instantly, channeling energy back to a 1.9 kWh battery and an electric motor in the PDK. The setup delivers 701 hp and 590 lb-ft to all fou…

Delays Surge as Air Traffic Staffing Thins

Flight delays climbed over the weekend amid an FAA staffing squeeze, and more disruptions are expected as air traffic controllers miss their first full paycheck Tuesday. Transportation Secretary Sean Duffy said controlle…

Paramount Skydance to Cut 1,000 Jobs Wednesday

Paramount Skydance will cut about 1,000 U.S. jobs Wednesday, Oct. 29, the first wave in a plan that could eliminate roughly 2,000 U.S. roles, with more layoffs expected internationally. The freshly merged company, led by…

Shutdown Day 27 Brings Nationwide Flight Delays

On Monday, Day 27 of the government shutdown, roughly 3,370 U.S. flights were delayed and 118 flights into or out of the country were canceled, FlightAware reported. The slowdowns followed weekend backups, with more than…

Wall Street Rises Ahead of Pivotal Week

Stocks climbed toward fresh records Monday as Wall Street braced for a crowded week. The S&P 500 rose 1%, the Dow added 248 points, and the Nasdaq gained 1.7%, extending Friday’s highs. Optimism grew ahead of a U.S.-Chin…

John Dickerson to Leave CBS News Amid Changes

John Dickerson will leave CBS News at year’s end, heightening uncertainty around the revamped CBS Evening News he co-anchors with Maurice DuBois and a streaming-only follow-up. In a social post, he thanked colleagues and…

Nothing Teases Phone 3a Lite Amid Backlash

Nothing teased its upcoming Phone 3a Lite with a three-second X video and set an Oct. 29 launch at 9 a.m. ET/1 p.m. GMT, hinting at a lower-priced take on last year’s 3a line and showing a blinking LED in the corner. But…

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