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McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.

Business - CNBC - 19 hours ago

PayPal beat big on a profit metric, but here’s why its stock is falling

PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”

Business - MarketWatch - 19 hours ago

BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.

Business - The New York Times - 19 hours ago

Adani Enterprises profit rockets on growing airports and green business

Quarterly results boost Gautam Adani’s conglomerate as it seeks to bounce back from damaging allegations

World - Financial Times - 19 hours ago

BP's Profit Hits Four-Year Low on Commodity Market Weakness

BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.

Business - The Wall Street Journal - 21 hours ago

Google’s strong earnings boosted by cloud computing gains

Parent company Alphabet’s shares rise 5% as results show lift from AI demand

Business - Financial Times - 9 hours ago

Reddit shares soar 25% as it turns its first profit

Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay off

Business - Financial Times - 9 hours ago

Snap shares jump 10% on profit beat, stock buyback

Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

Business - CNBC - 12 hours ago

Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit

Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.

Business - CNBC - 42 minutes ago

Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans

German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.

Business - CNBC - 46 minutes ago

UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections

The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit Suisse

Business - MarketWatch - 28 minutes ago

A Reporter’s Shield Law Is Vital to Prevent Abuses of Power

The PRESS Act has unanimous support in the House, but a few senators are blocking it.

Top stories - The New York Times - October 15

Google Backs New Nuclear Plants to Power AI

Startup Kairos Power plans to build small reactors to help supply electricity to the tech company’s data centers.

Tech - The Wall Street Journal - October 14

Burning rubbish now UK’s dirtiest form of power

Nearly half of waste is now burned for energy, but BBC analysis finds it is as dirty as coal.

Google turns to nuclear to power AI data centres

The tech giant says it will use energy from small reactors to power its use of artificial intelligence.

To Make AI Pay, Master 2 Power Traits

You must be insatiably curious and excel at managing process redesign.

Business - Inc. - October 16

Amazon, Google and Microsoft Are Investing in Nuclear Power

Large technology companies are investing billions of dollars in nuclear energy as an emissions-free source of electricity for artificial intelligence and other businesses.

Business - The New York Times - October 16

Supreme Court allows Biden plan on power plants

{beacon} Energy & Environment Energy & Environment The Big Story Supreme Court paves way for Biden climate rule for power plants The Supreme Court declined Wednesday to block a Biden ...

Politics - The Hill - October 16

Amazon Joins Big Tech's Foray Into Nuclear Power

The internet giant is part of a $500 million investment to help bring small, modular reactors on to the grid.

Business - The Wall Street Journal - October 16

England’s mayors in diplomacy dance to shift balance of power

Officials hope summits involving regions and centre can lead to devolution of decision-making and growth initiatives

World - Financial Times - October 17

Government to give magistrates more sentencing powers

Magistrates in England and Wales will be able to jail offenders for up to 12 months from November to stop cases clogging up crown courts.

Egypt Replaces Its Powerful Spy Chief, a Key Gaza Mediator

Gen. Abbas Kamel, a longtime confidant of Egypt’s president, oversaw the country’s most important international relationships and helped maintain the president’s authoritarian grip.

World - The New York Times - October 17

AI Power Needs Fuel Demand for Nuclear Energy

Electricity providers are looking at revamping nuclear power generation as Big Tech energy needs increase.

Business - Inc. - October 17

Major outage leaves all of Cuba without power

A major power outage has left Cuba without power. The Ministry of Energy and Mines posted on the social platform X at 12:35 p.m. EDT Friday informing the public the National Electricity System ...

Politics - The Hill - October 18

The Powerful Companies Driving Local Drugstores Out of Business

The biggest pharmacy benefit managers are profiting by systematically underpaying independent drugstores, creating “pharmacy deserts” across the country.

Business - The New York Times - October 19

Passengers stuck on planes and homes without power

Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.

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