News - 2024-10-24

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Simon Jack asks what reform of the troubled sector could mean for customers and their bills.

The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.

Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry.

A Boston man had a strange encounter at a subway station. A month later, he discovered he was the star of the students’ viral video.

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The now multimillionaire began his career in a call centre after failing to become a professional footballer.

Greener software could make devices last longer and use less electricity.

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Fresh data from S&P Global showed the US economy is tracking for solid growth through the end of 2024.

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All three major indexes are on track to break a six-week winning run.

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The International Association of Machinists and Aerospace Workers, representing 33,000 striking machinists at Boeing, voted to reject the aerospace giant's latest contract offer, extending a strike that has halted key Boeing production lines.

Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach-owner Tapestry.

A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.

ETFs heavy in Elon Musk's Tesla

Oct 24, 2024, 7:00 AM

Tesla's results pleased investors as CEO Elon Musk applauded the automaker's progress and hinted that bigger things are ahead for the electric vehicle player.

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A jury in Nevada has delivered a $5.2 billion award in the latest large-sum lawsuit against a former Las Vegas-based bottled water company that was found responsible for causing liver damage in customers before it was recalled from store shelves in 2021. Attorney Will Kemp, representing plaintiffs, told the Las Vegas Review-Journal he expects Real Water's insurance company to fight paying damages because the company has filed for bankruptcy.

Tesla's surprisingly solid results and high-flying sales forecast are lifting hopes for a strong earnings season.

Health officials are hunting for the source of 49 cases of e-coli poisoning, which includes one death.

McDonald's is the latest fast-food giant to face an E. coli outbreak. FOX Business takes a look back at how Chipotle and Wendy's handled food-related illnesses at their restaurants.

Newly revealed correspondence indicates that a Boeing senior official counseled that the company could answer a pilot’s safety questions, but it did not.

Tesla shares rocketed higher on Thursday on the back of several positive disclosures from the EV maker in its latest third quarter report.

Average 30-year fixed rates reached 6.54% in the week through Wednesday, according to Freddie Mac.

In the end, Ms. Robbie got what she wanted, signing a deal with Warner Bros.

Pennsylvania House Bill 2481, dubbed the Bitcoin Rights bill, sailed through with strong bipartisan support, winning an overwhelming majority of 176 to 26.

Mortgage rates have climbed higher for a month straight, pushing down demand as more Americans become priced out of the housing market due to high rates and home prices.

Officials said the onions served atop the popular hamburger were the likely source of an E. coli outbreak that has killed one person and sickened many others.

Tesla's surprisingly solid results and high-flying sales forecast are lifting hopes for a strong earnings season.

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Tesla's surprisingly solid results and high-flying sales forecast are lifting hopes for a strong earnings season.

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The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.

Reeves has said the government will change these rules to free up billions for spending on big projects.

Tesla stock surged on Thursday after mixed third quarter earnings results after the bell on Wednesday.

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

The United States and Nigeria often collaborate. But the arrest of an American worker strained their diplomatic relations.

Tesla stock (TSLA) surged on Thursday after mixed third-quarter earnings results after the bell on Wednesday.

At least that is what they told researchers at U.C.L.A. The high popularity of romance plots in movies and shows suggests otherwise.

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As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.

Costco's decision to install membership card scanners in U.S. stores could lead to the retailer's own version of a "Netflix moment," according to Morgan Stanley analysts.

Chinese spam bots are targeting Republican lawmakers who have criticized the CCP in an effort to influence the 2024 election, according to Microsoft's latest report.

Polymarket said that it had linked a single trader to accounts that have wagered heavily on the Republican to win, pushing up his odds on the prediction market.

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Tesla's surprisingly solid results and high-flying sales forecast are lifting hopes for a strong earnings season.

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A national security memorandum detailed how agencies should streamline operations with artificial intelligence safely.

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Costco's decision to install membership card scanners in U.S. stores could lead to the retailer's own version of a "Netflix moment," according to Morgan Stanley analysts.

Tesla CEO (among other things) Elon Musk has been loudly campaigning for Trump and giving money away to help register voters. Getting deeper into politics hasn't seemed to hurt the car company, however, which just posted a surprise beat on profit in its Q3 results.

The boss of Britain's biggest pubs group urges the chancellor to extend business rates relief.

Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush.

A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.

Trading desks at major banks are expecting a flurry of activity when the chaotic 2024 election comes to a close, and that could cement what is already a banner year for Wall Street.

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European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.