Today: September 22, 2024
Today: September 22, 2024

Latest From Roushni Nair and Lisa Barrington

Business|Economy|Finance

Qantas profits dip as fares fall, announces further share buy-back

Australia's Qantas Airways announced an additional share buyback on Thursday but no dividend for the fifth year, as the airline reported a 16% annual

Qantas profits dip as fares fall, announces further share buy-back
Business|Finance

Discount retailer Big Lots mulling bankruptcy filing as sales decline, Bloomberg reports

Discount home goods retailer Big Lots is considering a potential bankruptcy filing and may seek court protection within weeks, Bloomberg reported on Wednesday, citing people familiar with

Discount retailer Big Lots mulling bankruptcy filing as sales decline, Bloomberg reports
Business|Finance|Technology

Nvidia's rally takes a break after forecasts fall short of investor expectations

Nvidia shares dropped more than 6% on Thursday after its forecast fell short of lofty expectations, though some believe the

Nvidia's rally takes a break after forecasts fall short of investor expectations
News|World

Earthquake of magnitude 6.1 hits off of El Salvador

An earthquake of magnitude 6.1 struck off the coast of El Salvador on Wednesday, the U.S.

Technology

Reddit resolves outage that hit thousands of users

Social media platform Reddit said on Wednesday it has resolved an issue related to an update that led to an outage affecting thousands of users.

Reddit resolves outage that hit thousands of users
Business|Finance|Travel

Air New Zealand warns of tough year ahead after profit drop, shares fall

Air New Zealand reported a 61% drop in annual profit on Thursday and warned of potential impacts from sticky inflation, intense competition and engine-related maintenance issues in the

Air New Zealand warns of tough year ahead after profit drop, shares fall
Americas|News

Honduras promises to end extradition treaty with US after ambassador comments

Honduras' foreign ministry on Wednesday said it would end a more than a century-old extradition treaty with the U.S. after Washington's

Honduras promises to end extradition treaty with US after ambassador comments
Business|Finance|Technology

Nvidia fails to impress growth-hungry investors, shares fall

Nvidia's quarterly forecast on Wednesday failed to meet lofty expectations of investors who have driven a dizzying rally in its stock as they bet billions on the future of

Nvidia fails to impress growth-hungry investors, shares fall
Business|Finance|Technology

HP forecasts downbeat profit as weak PC market, competition weigh

HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and

HP forecasts downbeat profit as weak PC market, competition weigh
Business|Finance

Chipotle names company veteran Adam Rymer as finance chief

Chipotle Mexican Grill on Wednesday appointed Adam Rymer as its chief financial officer from Oct. 1. Rymer is a 15-year Chipotle veteran, who previously served as vice president of finance.

Chipotle names company veteran Adam Rymer as finance chief
Business|Technology

CrowdStrike cuts forecasts as Windows outage weighs on new deals

Cybersecurity firm CrowdStrike cut its revenue and profit forecasts on Wednesday in the aftermath of a July global outage due to its faulty software update, and said the

CrowdStrike cuts forecasts as Windows outage weighs on new deals
Business|Economy|Finance|Technology

Salesforce beats quarterly estimates on cloud demand, says CFO to step down

Salesforce beat Wall Street expectations for second-quarter revenue and profit on Wednesday, benefiting from higher spending on its enterprise cloud products, sending

Salesforce beats quarterly estimates on cloud demand, says CFO to step down
Finance|Technology

OpenAI in talks to raise funding at over $100 billion valuation, WSJ reports

OpenAI, the startup behind the popular ChatGPT, is reportedly in discussions to raise billions of dollars in a new funding round that could see it valued at above $100 billion, the Wall

OpenAI in talks to raise funding at over $100 billion valuation, WSJ reports
Sports

Disney's ESPN signs deal to air US Open tennis through 2037

Walt Disney's ESPN signed a deal with the United States Tennis Association to continue broadcasting the U.S.

Disney's ESPN signs deal to air US Open tennis through 2037
Food|Health|News

Listeria outbreak linked to deli meats claims five more lives, CDC says

The U.S. Centers for Disease Control and Prevention said on Wednesday that a Listeria outbreak linked to deli meats has resulted in 14 new illnesses and five additional deaths.

Listeria outbreak linked to deli meats claims five more lives, CDC says
Economy|Finance

Mexico central bank shrinks 2024 GDP growth forecast to 1.5%

The Bank of Mexico cut its forecast for economic growth this year and next, according to the central bank's quarterly report on Wednesday, citing weaker foreign

Mexico central bank shrinks 2024 GDP growth forecast to 1.5%
Technology

Meta considers new mixed reality glasses as headsets alternative, the Information reports

Meta Platforms is planning a mixed reality device that resembles a bulky pair of glasses, the Information reported on Wednesday, citing two employees from the social media giant.

Meta considers new mixed reality glasses as headsets alternative, the Information reports
World

Yemen's Houthis will let salvage crews access oil tanker they set ablaze in Red Sea

Yemen's Houthi group has agreed to allow tugboats and rescue ships to reach a damaged crude oil tanker in the Red Sea, Iran's

Yemen's Houthis will let salvage crews access oil tanker they set ablaze in Red Sea
Americas|Election

Mexican opposition senators flip to ruling bloc, on the verge of supermajority

Mexico's ruling coalition fell just one senator short of securing a supermajority in the Senate on Wednesday after two opposition senators flipped, according to President-elect

Mexican opposition senators flip to ruling bloc, on the verge of supermajority
Americas|News|Political|World

Venezuela opposition says leader Pilieri arrested in Caracas after rally

Venezuela's opposition coalition said on Wednesday that party leader Biagio Pilieri was arrested in Caracas after appearing at a rally alongside coalition leader Maria Corina

Venezuela opposition says leader Pilieri arrested in Caracas after rally
News|World

UN food agency suspends staff movement in Gaza after vehicle fired on

The United Nations World Food Programme temporarily suspended movement of its employees across the Gaza Strip on Wednesday, saying at least 10 bullets

UN food agency suspends staff movement in Gaza after vehicle fired on
Business|Economy|Finance

Brazil's Lula to nominate Galipolo as central bank chief, says finance minister

Brazil's President Luiz Inacio Lula da Silva has picked central bank monetary policy director Gabriel Galipolo to be the institution's next governor,

Brazil's Lula to nominate Galipolo as central bank chief, says finance minister
Economy|News

Russian economy shows solid growth despite Ukraine war sanctions

The Russian economy has shown solid growth in many sectors while unemployment remains at a record low, new data showed on Wednesday, prompting officials to hint at a brighter

Russian economy shows solid growth despite Ukraine war sanctions
Economy|Education|News

US Supreme Court declines to revive Biden's student debt relief plan

The U.S.

US Supreme Court declines to revive Biden's student debt relief plan
Americas|Business|Economy

Brazil creates fewer-than-expected formal jobs in July

Brazil's economy created a net 188,021 formal jobs in July, labor ministry data released on Wednesday showed, slightly below the expectation of 190,000 jobs from economists polled

Brazil creates fewer-than-expected formal jobs in July

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