By Nora Eckert and Nathan Gomes (Reuters) -Ford Motor reported a dip in second-quarter adjusted profit on Wednesday as the automaker continues to battle costly quality issues and an EV business that is weighing on its bottom line, sending shares tumbling 12% in after-hours trading. The Detroit automaker earned an adjusted profit of 47 cents…
By Max A. Cherney SEATTLE (Reuters) -Microsoft said on Monday it would launch a new category of personal computer capable of handling more artificial-intelligence tasks without calling on cloud data centers. At the event on its campus in Redmond, Washington, Chief Executive Satya Nadella introduced what he dubbed “Copilot+” PCs, saying that Microsoft as well…
By Suzanne McGee (Reuters) – Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the…
(Reuters) – Russian President Vladimir Putin said on Friday that Ukrainian President Volodymyr Zelenskiy had no legitimacy following the expiry of his five-year term and this would raise a legal obstacle if Russia and Ukraine were to resume peace talks. With Ukraine still under martial law in the third year of Russia’s full-scale invasion, Zelenskiy…
By Gabriella Borter, Joseph Ax and Andrew Hay WASHINGTON (Reuters) -Weeks after attending a pro-Palestinian demonstration, Egyptian-American student Layla Sayed received a text message from a friend drawing her attention to a website dedicated to exposing people it says promote hatred of Jews and Israel. “I think they found you from the protest,” the friend…
By James Mackenzie JERUSALEM (Reuters) – U.S. President Joe Biden’s announcement that he would withhold arms supplies if Israel went through with its assault of Rafah drew a defiant reaction on Wednesday alongside unease at the possible longer term fallout from the open clash with Israel’s most vital ally. The warning came after months of…
(Reuters) -Costco Wholesale beat third-quarter revenue expectations on Thursday, as cash-strapped consumers flocked to its warehouses to grab low-priced groceries and discretionary items. The membership-only retailer saw resilient demand for its groceries and bakery items as consumers grappling with still-high cost of living preferred cooking more meals at home. With consumers trading down to shop…
Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting cautioned that the fundraising bonanza in the city, which leads the global initial p…
Trading of Fusemachines on Nasdaq under the Symbol “FUSE” to Commence on October 23
MOSCOW (Reuters) – Russian President Vladimir Putin has proposed a surprise new defence minister, nominating civilian Andrei Belousov, a former deputy prime minister who specialises in economics, for the job more than two years into the Ukraine war, the Kremlin said. Below are some facts about Andrei Removich Belousov: * Belousov, 65, graduated from the…
