Tag: business news

Amazon shares pop on earnings beat, cloud growth

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022.David Paul Morris | Bloomberg | Getty...

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in a securities...

Super Micro’s 45% plunge this week wipes out stock’s gains for the year

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The...

10-year Treasury yield rises above 4.3% as traders ignore noisy jobs report

The yield on the 10-year Treasury rose as traders downplayed October jobs data showing meager job growth that was hurt by hurricanes and...

AI chatbots aren’t reliable for voting information, government officials warn

New York Attorney General Letitia James speaks during a press conference at the Office of the Attorney General in New York on February...

Boeing union backs sweetened contract offer that could end strike, sets vote for Monday

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a...

Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network

A depiction of Nexus satellites in a medium Earth orbit constellation.AstranisThe U.S. Air Force began deploying the Global Positioning System — more commonly...

Marc Benioff is in talks to sell media company Time to Antenna Group

Salesforce CEO Marc Benioff attends the TIME100 Gala at Jazz at Lincoln Center in New York on April 26, 2023.Dimitrios Kambouris | Getty...

Coterra Energy posted a mixed quarter, but delivered beats where it matters most

Coterra Energy on Thursday delivered mixed third-quarter results for sales and earnings. However, production volumes and cash generation — the latter being what...

Apple to buy Pixelmator, the iPhone image editing app with AI features

Peopl walk outside Steve Jobs Theater at the Apple Park campus before Apple's "It's Glowtime" event in Cupertino, California, on Sept. 9, 2024.Nic...

Super Micro’s $50 billion stock collapse underscores risk of AI hype

The Super Micro Computer Inc. headquarters in San Jose, California, U.S., on Tuesday, Jan. 5, 2021. Bloomberg | Bloomberg | Getty ImagesIn March, Super...

Here’s where the jobs are for October 2024 – in one chart

The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the...

Jobless rate ticks higher in October for white Americans, bucking the broader trend

A jobseeker holds flyers during the New York Public Library's annual Bronx Job Fair & Expo at the the Bronx Library Center in...

What a potential Harris administration could actually do to protect abortion access

Democratic presidential nominee Vice President Kamala Harris speaks during a campaign rally at Shell Energy Stadium in Houston, Texas, Oct. 25, 2024.Justin Sullivan...

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