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Air traffic controller shortages lead to broader US flight delays as shutdown nears one-month mark
Continued staffing shortages in air traffic control facilities are causing delays at airports as the government shutdown nears the one-month mark. Controllers have been working without pay since the shutdown began on Oct. 1, and Transportation Secretary Sean Duffy has been warning that travelers will see more flights delayed or [...]
Oil moves on report, denial of US attack plan on Venezuela
HOUSTON (Reuters) -Oil prices popped up on media reports that U.S. air strikes on Venezuela could begin within hours only to fall after U.S. President Donald Trump issued a denial of the report on social media. Brent crude futures were up 6 cents, or 0.09%, at $65.06 a barrel by 11:12 a.m. CDT (1612 GMT), […]
Buffett to issue letter to children and shareholders, hand off annual letter to Abel, WSJ says
(Reuters) -Warren Buffett will release a letter to his three children and Berkshire Hathaway shareholders on November 10, while Greg Abel will write Berkshire’s annual shareholder letter in February after becoming chief executive, the Wall Street Journal said on Thursday, citing Buffett’s assistant. Buffett, 95, is s[...]
Samsung Electronics in talks with Nvidia to supply next-generation HBM4 chips
Samsung is in talks with Nvidia to supply next-gen HBM4 chips, aiming to close the gap with SK Hynix in the booming AI chip market.
Farmers welcome China soybean deal but remain cautious
OMAHA, Neb. (AP) — American farmers welcomed China’s promise to buy some of their soybeans, but they cautioned this won’t solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds. The Chinese promise to buy at least 25 million metric tons of soybeans[...]
China delays rare earth export limits in trade deal
China’s one-year delay on rare earth export rules gives the U.S. and allies time to boost production and reduce reliance on Beijing.
Fed cuts key rate again to support slowing economy
The Federal Reserve lowered its key rate to 3.9%, its second cut this year, aiming to boost hiring as inflation remains elevated.
Paramount to cut 2,000 jobs after Skydance merger
General Motors is cutting about 1,700 jobs in Michigan and Ohio as slower EV demand and regulatory shifts reshape production plans.
GM to lay off 1,700 workers amid slowing EV demand
General Motors is cutting about 1,700 jobs in Michigan and Ohio as slower EV demand and regulatory shifts reshape production plans.
Judge blocks Trump administration’s shutdown firings
A federal judge halted Trump administration plans to fire federal employees during the shutdown, saying the cuts were likely illegal.
Texas lawsuit against companies behind Tylenol asserts unproven claims of autism risk
Texas Attorney General Ken Paxton on Tuesday accused the companies behind Tylenol of deceptively marketing the pain reliever to pregnant mothers in a lawsuit that asserted unproven claims that early exposure to acetaminophen increased risk of autism and other disorders. Paxton, an ally of President Donald Trump and a Republica[...]
OpenAI may move forward with new business structure, partnership with Microsoft, regulator says
OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation and a crucial regulator, the Delaware attorney general, said she approved the plan. The restructuring paves the way for the ChatGPT maker to more easily profit off its artificial intelligence technology eve[...]
