IBM CEO Arvind Krishna speaks during the Business 20 (B-20) Summit in New Delhi on Aug. 25, 2023. Prakash Singh | Bloomberg | Getty Images IBM shares rose as much as 6% in extended trading on Wednesday after the tech and services provider announced fourth-quarter results that exceeded Wall Street’s expectations. Here’s how the company … Read more
The U.S. Navy is encountering a tenacious threat in the Red Sea. The Iran-backed Houthi rebels have launched wave after wave of low-cost precision weapons at vessels transiting the area, including attacks on U.S. warships themselves. “That’s one of the things [that] the Red Sea sort of demonstrates … we never know where the maritime … Read more
U.S. President Joe Biden speaks to United Auto Workers members at the UAW’s Community Action Program (CAP) legislative conference in Washington, U.S., January 24, 2024. Leah Millis | Reuters The United Auto Workers union is endorsing President Joe Biden for reelection this year, UAW President Shawn Fain announced Wednesday at a union conference in Washington, … Read more
Anthony Albanese insists a broken election promise on tax cuts is the right thing to do in changed economic circumstances, promising middle-income earners an extra $800 a year. The prime minister will use a National Press Club address to outline his case for overhauling stage three tax cuts due to take effect in July. In … Read more
Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Patrick T. Fallon | AFP | Getty Images Boeing CEO Dave Calhoun met with several U.S. senators on Capitol Hill Wednesday as scrutiny … Read more
British billionaire and Tottenham Hotspur owner Joe Lewis exits the United States Courthouse in Manhattan, following his appearance on insider trading charges, in New York City, U.S., July 26, 2023. Amr Alfiky | Reuters British billionaire Joseph Lewis pleaded guilty Wednesday in New York federal court to securities fraud related to insider trading. Lewis’ company, … Read more
More than 16,000 people in Sydney were left without power in a mass outage on Wednesday morning. The outage started about 5.50am and affected 16,620 customers in Sydney’s inner west. Ausgrid identified the suburbs of Leichhardt, Balmain, Drummoyne, Five Dock, Rozelle, Abbotsford, Birchgrove, Balmain East, Russell Lea, Wareemba and Rodd Point as being affected. Watch … Read more
The Late Show with Stephen Colbert and guest Jon Stewart during Monday’s June 17, 2019 show CBS Photo Archive | CBS | Getty Images Jon Stewart is returning to “The Daily Show” — but only on Mondays. The comedian helmed the Comedy Central talk show between 1999 and 2015, before passing the torch to South … Read more
Image: Tesla Tesla boss Elon Musk has been promising an entry-level $25,000 electric vehicle for six years. He first mentioned the possibility of the car in 2018, saying it would happen within three years, then doubled down on the idea at Tesla’s Battery Day in late 2020. According to reports from Reuters, Tesla has inquired … Read more
A Puma SE sportswear store in central London, UK, on Thursday, Oct. 19, 2023. Bloomberg | Bloomberg | Getty Images German sports retailer Puma on Wednesday said Argentina’s major devaluation of its currency in December hit its financial results. Puma shares were 7.3% lower at midday in London, at the bottom of Europe’s Stoxx 600 … Read more
