It started around 3:30 in the morning on the East Coast, reports flooding in about an AT&T service outage. Customers complained across Reddit and X and logged their issues on Downdetector, a site that, well, detects when services go down. The impact appears to be widespread; AT&T users from New York to Atlanta to Dallas … Read more
Intuitive Machines’ Nova-C lander “Odysseus” deploys from the upper stage of SpaceX’s Falcon 9 rocket to begin the IM-1 mission. NASA TV Much like Intuitive Machines’ spacecraft, its stock has been flying to the moon the past week. In a little over a month since hitting all-time lows, and with its IM-1 mission on the … Read more
The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs. Applications for unemployment benefits fell by 12,000 to 201,000 for the week ending Feb. 17, the Labor Department reported Thursday. The four-week average of claims, a less volatile measure, fell by 3,500 … Read more
The December quarter show of India Inc though, was broadly in line to slightly better than street expectations, there were exceptions which failed to cheer up investors with good numbers. Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the … Read more
Lloyds Banking Group has been forced to put aside £450m for potential fines and compensation to borrowers, after the UK regulator opened an investigation into whether consumers had been charged inflated prices for car loans. The figure falls far short of some analyst estimates, which suggest the investigation into loan and commission arrangements struck between … Read more
Nifty on Thursday ended 162 points higher to form a long bull candle with a long lower shadow on the daily charts as the short-term trend of Nifty turned up sharply after a small decline. Having breached the recent highs of 22,249, the Nifty is expected to move towards the next upside target of 22,500-22,600 … Read more
Bock says the shift is partly due to mass layoffs; employers are more able to flex their muscles in a tighter labor market. But there’s also a broader psychological shift. “After years of tech workers being pampered, of ‘bring your whole selves to work’ and ‘work from anywhere,’ executives are now overcompensating in the other … Read more
Nikos Pekiaridis | Nurphoto | Getty Images Moderna on Thursday posted a surprise quarterly profit, in part boosted by deferred revenue, even as the company saw slumping sales from its Covid vaccine, its only marketable product. The results cap a rocky year for the biotech company and other Covid vaccine makers, which all saw revenue plunge … Read more
The British aerospace and defence company Rolls-Royce has more than doubled its annual profits, as it cut costs and reported record-breaking orders, amid mounting military tension around the world. The defence engineer said it was “well under way” with plans to increase profitability by making savings, including plans to axe up to 2,500 jobs by … Read more
BENTON HARBOR, Mich. (WOOD) — A Michigan waitress who was fired eight days after a customer she served left a $10,000 tip says it was because of discord stemming from the tip, according to her attorney. Earlier this month, a generous customer left the massive tip, telling staff at the Mason Jar Cafe in Benton … Read more
