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The Latest Breaking News on Business

US Fed's Favored Inflation Gauge Cools In September

The US Federal Reserve's preferred inflation measure cooled further last month and now sits just above its long-term target, according to government data published Thursday, shortly before the presidential election.

International Business Times

Spirit Airlines makes big change to bring down costs

Spirit Airlines makes big change to bring down costs

The airline recently avoided bankruptcy by pushing off debt deadlines.

Starbucks CEO Says Its Too Hard For Customers To Get A Cup Of Coffee

Starbucks CEO Says Its Too Hard For Customers To Get A Cup Of Coffee

The new CEO continues to implement new measures such as a 4-minute service goal as part of his global overhaul.

International Business Times

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Comcast Earnings Beat. Company Exploring Cable Programming Business Spin-Off

Comcast stock rose on Q3 earnings and revenue that topped Wall Street targets while broadband subscriber losses came in lower than expected.

Investors Business Daily

Is This Underperforming Warren Buffett Stock Finally a Buy?

Kraft Heinz, a struggling food giant that has disappointed Warren Buffett, may finally be a buy due to its potential sale of the Oscar Mayer business, strategic initiatives, and attractive valuation metrics, including a low P/E and healthy dividend yield.

Meta rides AI boom to stellar quarterly earnings, but slightly less than expected

Company beats financial predictions but does not increase daily users as much as Wall Street thought it might

The Guardian - US

'Let Parents Decide' What Kids Can Do Online, Argue Tech Groups in New Lawsuit

The groups are challenging a Florida law that bans some teens from social media.

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Elon Musk says there’s a 10% to 20% chance that AI ‘goes bad,’ even while he raises billions for his own startup xAI

Elon Musk says there’s a 10% to 20% chance that AI ‘goes bad,’ even while he raises billions for his own startup xAI

The Tesla CEO said AI is a “significant existential threat.”

Eli Lilly Plummets On Rare — But 'Big' — Sales Miss For Diabetes, Weight-Loss Drugs

Eli Lilly Plummets On Rare — But 'Big' — Sales Miss For Diabetes, Weight-Loss Drugs

Eli Lilly stock crashed Wednesday after the pharma giant cut its 2024 outlook following a "big" miss for its diabetes and weight-loss drugs.

Investors Business Daily

China Factory Output Expands For First Time In Six Months

China Factory Output Expands For First Time In Six Months

China's manufacturing output expanded this month for the first time since April, official data showed Thursday, rare good news for leaders struggling to boost activity in the world's second-largest activity.

International Business Times

Striking Boeing Workers Aim To Restore Old Retirement Program

Striking Boeing Workers Aim To Restore Old Retirement Program

Some 33,000 Boeing workers have been on strike for seven weeks after twice voting down labor contracts, with the latest rejected offer featuring a 35 percent wage hike.

International Business Times

AMD to launch RDNA 4 GPUs in 2025 — adding AI capabilities, improved ray tracing

AMD to launch RDNA 4 GPUs in 2025 — adding AI capabilities, improved ray tracing

During the Q3 earnings call, AMD confirmed that early 2025 would see the launch of RDNA 4 graphics cards.

Down 14% After Earnings, Should You Buy the Dip in This Gold Stock?

Down 14% After Earnings, Should You Buy the Dip in This Gold Stock?

This gold mining stock experienced its biggest dip since 2008, even as gold prices have soared to new highs.

Microsoft Beats Expectations, But AI Concerns Force Shares Down

Microsoft Beats Expectations, But AI Concerns Force Shares Down

Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were raised about the company's big spending on the AI boom.

International Business Times

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The Texas Tribune

Texas’ housing shortage is getting worse, report says

Texas builds more homes than other states but hundreds of thousands more are still needed, the report said, contributing to higher housing costs.

Meta earnings blast forecasts, but Facebook parent sees big capex increase

Meta is pivoting from efforts to develop virtual reality to an effective all-in bet on the power of AI technologies.

Investors Business Daily

Meta Stock Falls Despite Strong Quarter. Why Zuckerberg Is Keeping Up The AI Spending Spree.

Meta stock was trading lower late Wednesday after the Facebook parent reported Q3 earnings ahead of views.

Investors Business Daily

Amgen 'Laser-Focused' On Its Weight-Loss Shot As New Rival Pfizer Follows, Says CFO

Amgen is focusing deeply on its efforts to treat obesity, the CFO said Wednesday. Amgen stock rose early Thursday.

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Advanced Micro Devices Stock Sinks as Q4 Guidance Disappoints. What to Know

Advanced Micro Devices is one of the worst S&P 500 stocks Wednesday after the chipmaker's Q4 outlook left Wall Street wanting more.

Investors Business Daily

Uber Stock Tumbles Despite Earnings Beat. Spotlight On Gross Bookings.

Uber stock fell early Thursday after the ride-hailing firm's Q3 gross booking missed estimates.

Having Gmail problems? You're not alone – reports of slowdowns and issues are growing

Is Gmail down? You're not the only one having issues with your emails.

Shared hosting vs VPS hosting: Which package should I choose?

Having trouble deciding which type of hosting to choose? We'll explain all the important differences here.

Investors Business Daily

Dell Poised To Gain Market Share Amid Super Micro's Troubles

Dell Technologies likely will be a major beneficiary of troubles at rival Super Micro Computer, analysts say. Dell stock jumped Wednesday.

Tupperware Brands Approved For Sale, Exiting Bankruptcy Protection

U.S. bankruptcy judge approves sale of Tupperware Brands, lenders to acquire assets. Company to rebrand as The New Tupperware Co. and focus on online sales.

Managed vs unmanaged hosting

Comparing managed and unmanaged hosting to determine which hosting package is better for your business.

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