Latest in Posts Than Billion
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Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving
The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.Business - The Wall Street Journal - 6 hours ago -
Meta’s Reality Labs posts $4.4 billion loss in third quarter
Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.Business - CNBC - Yesterday -
Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.Tech - The New York Times - 7 hours ago -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - 2 days ago -
Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop
OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.Business - CNBC - 2 days ago -
Oil giant Shell posts $6 billion profit beat, launches new share buyback program
British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.Business - CNBC - 12 hours ago -
Washington Post loses more than 200,000 subscribers over endorsement outrage: Report
The Washington Post has lost more than 200,000 digital subscriptions since its decision not to endorse a candidate in this year's presidential election, according to a report by NPR citing two ...Politics - The Hill - 3 days ago -
Coinbase drops 15% after earnings, posts worst day in more than two years
Coinbase slid a day after reporting weak earnings and gave a tepid revenue outlook.Business - CNBC - 9 hours ago -
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
Ingram Micro could be worth more than $5 billion in return to public markets
Ingram Micro has set terms for its initial public offering, as the profitable California-based information-technology company is returning to the public market with a valuation could be move than ...Business - MarketWatch - October 15 -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
Boeing raises greater-than-expected $21 billion from new stock sales
Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.Business - MarketWatch - 2 days ago -
MicroStrategy, the largest corporate bitcoin holder, to raise more than $40 billion to buy more bitcoin
The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,’ the company says.Business - MarketWatch - Yesterday -
In praise of the Washington Post’s cowardice
The Post has offered us a dramatic glimpse into what a Trumpified America looks like.Politics - The Hill - 3 days ago -
These are the sectors with the most job postings on Indeed
Certain types of workers find themselves particularly in demand amid robust hiring across the U.S., new analysis finds.Top stories - CBS News - October 17 -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - 4 days ago -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - 4 days ago -
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Post-Affirmative Action, Is Sustained Campus Diversity Suspicious?
There are perfectly legal explanations for why schools’ demographics might not change after the fall of affirmative action.Top stories - The New York Times - October 16 -
Retail sales post solid gain in September, showing a continued strong economy
Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.Business - MarketWatch - October 17 -
Tory politician's wife jailed for race hate post
Lucy Connolly, wife of West Northamptonshire councillor Raymond Connolly, is jailed for 31 months.Top stories - BBC News - October 17 -
Watchdog opens investigation into anti-immigrant posts on Facebook
Oversight Board says parent company Meta has ‘serious questions’ to answer over two posts allowed to remain online. Mark Zuckerberg’s Meta must answer “serious questions” about its handling of ...World - The Guardian - October 17 -
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.Business - The Wall Street Journal - October 17 -
Ministers explore handing Post Office to sub-postmasters
The proposal is in its early stages and is one of many under consideration, sources told the BBC.Top stories - BBC News - October 19 -
Ministers explore plan to hand Post Office to subpostmasters
Campaigner Alan Bates says mutualisation won’t work as organisation will continue to need government subsidies. Ministers want to turn the Post Office into a co-operative and have asked business ...World - The Guardian - October 19 -
Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Post Office scandal musical 'shows the heartache'
After a landmark TV drama, more wrongly accused sub-postmasters are shown in a new stage musical.Top stories - BBC News - October 22 -
Abortion Pills Are Safe. Post-Roe America Isn’t.
In many states, hospitals are delaying or denying standard reproductive care.Top stories - The New York Times - October 24 -
No More ‘Single Girl’ Posts for This Comedic Writer
Sara Runnels was known for her humorous stories and social media shares about the single life, but her dating status quickly changed after meeting Adam Zack.Lifestyle - The New York Times - 6 days ago -
NY Post endorses Trump after previous criticisms
The New York Post is endorsing former President Trump for president, arguing that his record in the White House matters more than his tendency to be "ridiculously hyperbolic." Writing that Trump ...Politics - The Hill - 6 days ago -
Washington Post Says It Won’t Endorse a Presidential Candidate
The decision was made by Jeff Bezos, the paper’s owner, according to a person with knowledge of the talks. Will Lewis, the chief executive, said the paper was “returning to our roots” of not making ...Business - The New York Times - 6 days ago -
The Washington Post ends backing presidential candidates as paper says Bezos axed Harris endorsement
The Washington Post's editorial board will not make a presidential endorsement this year or "in any future presidential election," the newspaper's publisher and chief executive announced Friday.Top stories - NBC News - 6 days ago -
Marty Baron on Post endorsement choice: 'This is cowardice'
Marty Baron, the former executive editor for The Washington Post, said it is "cowardice" for the publication not to endorse a presidential candidate in this year's election. “This is cowardice, ...Politics - The Hill - 6 days ago -
Washington Post reels from Bezos decision to not endorse
The Washington Post is reeling from a decision to abstain from endorsing a presidential candidate in the 2024 election, a move that was reportedly made by billionaire owner Jeff Bezos after its ...Politics - The Hill - 6 days ago