U.S. stocks traded higher at midday Wednesday while market participants prepared for the Federal Reserve’s interest-rate announcement scheduled for 2 p.m. ET. The advance came ahead of a closely watched press conference with Chair Jerome Powell and a heavy slate of after-hours earnings reports from several large technology companies. During the morning session, the three […]
NASA recorded a milestone on October 29, 2025, when its experimental supersonic jet carried out what the agency called a historic test flight. The event, captured in a NASA video, is the latest step in a program intended to reduce the duration of commercial air journeys by approximately 50 percent. The short clip released by the agency shows […]
Dictionary.com has selected the numeric expression “67” as its 2025 Word of the Year, highlighting a piece of youth slang that gained remarkable traction over the past 12 months. The announcement was made on Wednesday, Oct. 29, 2025, positioning the two-digit term as the leading linguistic emblem of the year. The online reference site describes […]
General Motors eliminated approximately 1,700 positions at two manufacturing hubs in Michigan and Ohio on Wednesday, citing weaker-than-expected momentum in the U.S. electric vehicle market and shifting regulatory conditions. The reductions affect hourly and temporary workers at an assembly plant in Detroit and at an Ultium Cells battery facility in Warren, Ohio, with additional temporary […]
Rivian Automotive Inc. (NASDAQ: RIVN) is navigating cost-cutting measures, supply-chain pressures and shifting consumer demand while its share price works to regain ground lost since the company’s 2021 market debut. Over the past week, the electric-vehicle maker’s stock advanced 4.6 percent, trailing the broader Nasdaq Composite, yet remains 24.3 percent higher than at the same point in […]
Uber Technologies Inc. plans to introduce autonomous taxi rides in the San Francisco Bay Area beginning next year, launching what the company describes as the first large-scale deployment of a vehicle it has developed in partnership with Lucid Group and Nuro Inc. The ride-hailing company said the specially designed robotaxi, based on Lucid’s forthcoming Gravity […]
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 […]