Seagate Technology Holdings PLC, a longstanding supplier of hard disk drives and related storage products, has pursued a series of transactions over the past decade aimed at reinforcing its position across personal computer, enterprise server, retail and consumer device markets. The company’s most significant recent move occurred in December 2011, when it finalized the purchase […]
Several ocean-front houses along North Carolina’s Outer Banks have collapsed into the Atlantic Ocean, underscoring the ongoing vulnerability of the barrier islands to relentless coastal erosion. Video recorded at the scene shows entire structures breaking apart and washing away as waves undercut the wooden pilings that once kept them above the surf. The latest collapses […]
A Peoria County jury on Wednesday found former Sangamon County sheriff’s deputy Sean Grayson guilty of second-degree murder for the fatal shooting of Sonya Massey inside her Springfield, Illinois, home in July 2024. The seven-day trial, relocated from Sangamon County because of extensive pre-trial publicity, concluded with jurors rejecting an initial first-degree murder charge and […]
The U.S. Federal Reserve lowered its benchmark interest rate for the second meeting in a row on Wednesday, trimming the federal funds target to a range of 3.75%–4%. The decision, reached by a 10–2 vote of the Federal Open Market Committee (FOMC), also set Dec. 1 as the final day for its balance-sheet reduction program, commonly […]
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 […]