Updated Dec. 4, 2025, 2:59 p.m. ET Detroit Three automakers again struggled compared to their Asian competition in Consumer Reports’ annual brand reliability rankings, though Buick and Ford both notably made up ground on the leaders. Toyota, Subaru, Lexus and Honda took the top four spots in this year’s new car rankings released Thursday, in…
Jensen Huang, Nvidia chief executive, was in Washington on Wednesday and met Donald Trump and Republican senators on the banking committee © Evelyn Hockstein/Reuters Nvidia would be blocked from selling advanced chips to China under a bipartisan bill that US senators introduced on Thursday as part of an effort to make it harder for Beijing…
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks Workers United demonstrates outside of the Empire State Building as the union’s strike enters its third week. CNBC | Amelia Lucas NEW YORK — Starbucks Workers United held a rally outside the Empire State Building on Thursday as its open-ended strike entered its third…
In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT An Ulta Beauty store in Concord, California, US, on Wednesday, Dec. 3, 2025. David Paul Morris | Bloomberg | Getty Images Ulta Beauty on Thursday raised its full-year sales outlook after topping Wall Street’s fiscal third-quarter expectations and seeing shoppers splurge on perfumes, skincare items and…
CUPERTINO, CALIFORNIA Apple today announced that Jennifer Newstead will become Apple’s general counsel on March 1, 2026, following a transition of duties from Kate Adams, who has served as Apple’s general counsel since 2017. She will join Apple as senior vice president in January, reporting to CEO Tim Cook and serving on Apple’s executive team….
India’s biggest airline IndiGo faced a growing crisis, with more than 300 flights cancelled since Tuesday, leaving thousands of passengers stranded nationwide. Delhi, Mumbai, Hyderabad and Bengaluru – among India’s busiest airports – were worst hit. The airline blamed technical glitches, weather and new crew rostering rules for the disruption. The budget airline, with over…
Layoff announcements this year have hit their highest level since 2020, when the Covid-19 pandemic shut down the U.S. economy, consulting firm Challenger, Gray & Christmas said Thursday. U.S.-based employers have announced plans this year to eliminate nearly 1.2 million jobs through the end of November. It’s only the sixth time since 1993 that announced…
Meta’s decision to serve only its AI chatbot, Meta AI, to WhatsApp users isn’t sitting well with the competition regulators in Europe. The European Commission on Thursday said it is launching an antitrust investigation into Meta’s move to ban other AI companies from using WhatsApp’s business tools to offer their own AI chatbots to users…
Mark Zuckerberg in 2021 announced a push to build an avatar-filled ‘metaverse’ where users globally could socialise, game and shop in virtual spaces © Michael Nagle/Bloomberg Meta has set out plans to meaningfully cut back its metaverse efforts next year, as chief executive Mark Zuckerberg narrows his focus on winning the artificial intelligence race. Executives…
A seal walked into a bar. Or to use a technical term, it galumphed. The creature was apparently lost, curious and well below New Zealand ‘s legal drinking age. It lodged itself under the dishwasher and showed no interest in calling a cab. It was a wet, lazy Sunday evening when the baby fur seal…
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) just scored a quiet but meaningful win in Washington after Congress left a proposal out of a must-pass defense bill that would have slowed its ability to sell AI chips overseas, Bloomberg reported. The measure, dubbed the GAIN AI Act, would have forced Nvidia and AMD to…
WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, potentially complicating the Federal Reserve’s upcoming decision on interest rates. The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the Labor…
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Refreshed versions of the Tesla Model Y are shown outside a Tesla store in San Diego, California, U.S. October 21, 2025. Mike Blake | Reuters DETROIT — U.S. electric vehicle sales leader Tesla made notable strides in Consumer Reports’ influential annual auto brand rankings, cracking…
In a notable turn for the sale of the Warner Bros. empire, David Ellison’s Paramount has issued a letter to the board of the studio it hopes to acquire, questioning if the David Zaslav-led company is overseeing “a tilted and unfair process.” Warner Bros. Discovery lawyers have replied to the letter, in a note viewed…
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Meta has been hit with an EU antitrust investigation over its use of AI features in WhatsApp, as the European bloc continues to ramp up challenges to US big tech giants. The probe will examine whether Meta’s new policy on allowing AI providers’ access to WhatsApp may breach EU competition rules, Brussels said in a…
The calendar year may have a few weeks left to tick off, but as far as the government’s budget is concerned, we’re in fiscal 2026. And in a matter of weeks, the Treasury has already paid out a 12-figure sum to service the nation’s debt. Unlike the tax and calendar year, the government’s financial calendar…
12/04 update below. This post was originally published on December 03 Bitcoin and crypto prices have bounced back this week as the market braces for a massive Federal Reserve December flip. Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the market The bitcoin price has charted its best day…
A sign at a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty Images Announced job cuts from U.S. employers moved further ahead of 1 million for the year in November as corporate restructuring, artificial intelligence and…
The FBI on Thursday morning arrested a suspect accused of planting pipe bombs outside the Republican and Democratic party headquarters in Washington, D.C., prior to the Jan. 6, 2021, Capitol riot, the Trump administration said. The suspect, Brian Cole Jr., a 30-year-old resident of Woodbridge, Virginia, is charged with “use of an explosive device,” U.S….
DOWNTOWN LOS ANGELES (KABC) — A Waymo self-driving taxi drove a passenger through the scene of a police standoff in downtown Los Angeles last week, according to a viral video posted online Monday. The Waymo taxi came across a street blocked by police vehicles early Friday before turning into an area that was not blocked…
WASHINGTON (AP) — Nvidia CEO Jensen Huang met separately with President Donald Trump and Republican senators Wednesday as tech executives work to secure favorable federal policies for the artificial intelligence industry, including the limited sale of Nvidia’s highly valued computer chips to U.S. rivals like China. Huang’s closed-door meeting with Republicans on the Senate Banking…
United States President Donald Trump has said he has decided on his pick for the next chair of the Federal Reserve. While Trump has yet to confirm his nominee, one name stands out as the overwhelming favourite: Kevin Hassett, the director of the White House’s National Economic Council. Recommended Stories list of 4 itemsend of list…
A maximum-severity flaw in the widely used JavaScript library React, and several React-based frameworks including Next.js allows unauthenticated, remote attackers to execute malicious code on vulnerable instances. The flaw is easy to abuse, and mass exploitation is “imminent,” according to security researchers. The React team disclosed the unauthenticated remote code execution (RCE) vulnerability in React…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 25, 2025. Brendan McDermid | Reuters The S&P 500 and Nasdaq Composite rose slightly on Thursday as investors prepared for next week’s interest rate decision from the Federal Reserve. The broad-based index inched up 0.11% to close…
Can any company, big or small, really topple Nvidia’s AI chip dominance? Maybe not. But there are hundreds of billions of dollars of revenue for those who can even peel off a chunk of it for themselves, Amazon CEO Andy Jassy said this week. As expected, the company revealed at the AWS re:Invent conference the…
WASHINGTON — Tracy Beth Høeg, a top lieutenant to Food and Drug Administration Commissioner Marty Makary, will be the next leader of the Center for Drug Evaluation and Research, according to an announcement from the FDA. “CDER plays a crucial role in ensuring the medicines we rely on are both safe and effective,” Høeg said…
Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, after Wall Street gained on hopes the Federal Reserve could cut interest rates next week following weaker-than-expected jobs data. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions…
<img src="https://static.toiimg.com/thumb/msid-125756109,imgsize-20636,width-400,resizemode-4/donald-trump-to-visit-china.jpg" alt="The 26-minute Tuesday crash, 51% wipeout that deepened Trumps’ crypto woes" title=" US president Donald Trump ” decoding=”async” fetchpriority=”high”> US president Donald Trump The crash Tuesday in the crypto miner American Bitcoin Corp. was instantaneous. At 9.31am on Wall Street, just one minute after trading started, its shares were down 33%. Five minutes…
Adidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West – otherwise known as Ye – before their partnership broke down in 2022. A San Francisco court said the sportswear giant did not mislead investors, who claimed they had lost money after Adidas shares plunged when it…
Rosamar/Shutterstock It seems like Christmas has come early for Olive Garden fans as the restaurant has announced the return of two of its most iconic pasta dishes: the Braised Beef Tortelloni and Ravioli di Portobello. The Italian chain, known for its generous portions and hearty menu options, made the announcement on Instagram, where the team…
Billionaire Michael Saylor has been in tight spots before but nothing like this. The share price of Saylor’s firm, Strategy, which owns over 3% of the world’s Bitcoin, is down dramatically. Worse, the company faces twin headwinds in the form of a bearish crypto market and an impending rule change that will likely trigger a…
Amazon Web Services’ annual tech conference AWS re:Invent has wrapped. And the singular message, amid a deluge of product news and keynotes, was AI for the enterprise. This year it was all about upgrades that give customers greater control to customize AI agents, including one that AWS claims can learn from you and then work…