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Chicago, Oct. — Boeing generated positive free cash flow in the third quarter of 2024 for the first time since early 2023, buoyed by a faster pace of commercial jet deliveries. The improvement was overshadowed by a $4.9 billion pre-tax charge tied to additional delays in the long-stalled 777X wide-body program. The company reported a […]
Australian biotechnology group CSL Limited has postponed the planned separation of its Seqirus vaccine division and cut its full-year earnings outlook, citing an unexpected slide in influenza vaccination rates in the United States. The announcement was delivered during the company’s annual general meeting in Melbourne on Tuesday, sending CSL shares down as much as 16.6 percent […]
UBS Group AG posted a sharp rise in third-quarter earnings, citing stronger investment banking results, continued inflows to its wealth arm and the release of litigation reserves tied to legacy Credit Suisse matters. The Zurich-based lender reported net profit attributable to shareholders of $2.5 billion for the three months ended 30 September, a 74 percent increase from the […]
MIAMI — Video recorded Tuesday shows water pouring through the ground-floor doors of a high-end hotel on Florida’s southeast coast, flooding the marble lobby as a powerful storm system linked to Hurricane Melissa generated torrential rain and elevated tides across parts of the state. The footage, shared by the hotel’s management, captures employees moving furniture […]
Buenos Aires — Abu Dhabi National Oil Company’s international investment arm, XRG, has entered preliminary discussions to participate in YPF SA’s proposed large-scale liquefied natural gas venture, according to people familiar with the matter. If an agreement is reached, the move would mark XRG’s first direct investment in Argentina and bolster the state-controlled oil company’s […]
The Texas Attorney General has initiated legal action against the manufacturer of Tylenol, accusing the company of suppressing information that allegedly connects the popular medication to autism. The lawsuit was filed on Oct. 28, 2025, and contends that the firm failed to disclose or adequately warn consumers about the purported developmental risks. According to the […]
U.S. President Donald Trump said he intends to scale back tariffs tied to fentanyl on Chinese imports, setting the tone for a meeting with Chinese President Xi Jinping scheduled to take place this week in South Korea. Trump outlined the plan during a briefing with reporters aboard Air Force One on Wednesday while en route […]
Hurricane Melissa made landfall in Jamaica as a Category 5 system on October 28, 2025, marking the most powerful tropical cyclone ever recorded to strike the island nation. Live video feeds from Kingston Harbour and Montego Bay captured the moment the eye of the storm moved ashore, showing driving rain, violent wind gusts and rapidly […]
Qualcomm on Monday introduced two new artificial intelligence processors aimed at data centers, marking its most substantial move to date beyond the smartphone segment that has long defined its business. The company said the AI200 and AI250 chips are engineered to handle inference workloads, offer expanded memory capacity and integrate with commonly used AI software […]
Hurricane Melissa struck southwestern Jamaica as a rare Category 5 system on Tuesday afternoon, bringing sustained winds of 185 mph that place the storm among the strongest Atlantic hurricanes ever documented at landfall, the National Hurricane Center (NHC) reported. The eye crossed the coastline near New Hope at approximately 2:00 p.m. local time. In addition to extreme winds, […]
Nvidia Chief Executive Officer Jensen Huang revealed on Tuesday that the company’s Blackwell-class graphics processing units (GPUs) are now being fabricated in Arizona, marking the first time Nvidia’s highest-performance artificial intelligence chips are manufactured in the United States. The disclosure came during the firm’s GPU Technology Conference (GTC), held this year in Washington, D.C. Huang […]
Microsoft Corp. closed trading on Tuesday at $542.07 per share, a 2 percent gain that lifted the company’s market capitalization to approximately $4.04 trillion. The advance returned the software maker to the small group of publicly traded firms valued above $4 trillion, a threshold it first crossed in July. Graphic-chip producer Nvidia Corp. remains a member of the […]