Thursday, October 31, 2024

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Spirit Aero reviewing contingency plans regarding furloughs amid Boeing strike

(Reuters) - Key Boeing supplier Spirit AeroSystems is reviewing its contingency plans regarding furloughs, company spokesperson Joe Buccino said on Thursday, adding that no...

Voting technology firm, conservative outlet reach settlement in 2020 election defamation case

WILMINGTON, Del. (AP) — A settlement has been reached in a defamation lawsuit pitting an electronic voting machine manufacturer targeted by allies of former...

OpenAI chair says board has discussed equity compensation for CEO Sam Altman

(Reuters) -OpenAI's chairman Bret Taylor on Thursday said the board has discussed whether to compensate CEO Sam Altman with equity but no decision has...

Super Micro Computer stock plunges on report of DOJ probe

AI server maker Super Micro Computer (SMCI) stock tumbled 15% Thursday after The Wall Street Journal reported that the company is being probed by...

Yellen, Bernanke see the US economy avoiding a recession

US Treasury Secretary Janet Yellen and former Federal Reserve Chair Ben Bernanke both indicated in separate remarks Thursday that they thought the US would...

Trudeau, French president Macron meet in Ottawa as trade deal challenges continue

OTTAWA — French President Emmanuel Macron and Prime Minister Justin Trudeau have signed a statement aimed at collaborating more on issues ranging from Ukraine...

Southwest Airlines spells out changes designed to boost profit and fend off a hedge fund

DALLAS (AP) — Southwest Airlines executives on Thursday unveiled their vision for Southwest 2.0, an airline that for the first time will give passengers...

Robinhood, Revolut Explore Joining $170 Billion Stablecoin Market

(Bloomberg) -- Companies from Robinhood Markets Inc. to Revolut Ltd. are considering launching stablecoins, betting that stricter regulations in Europe and elsewhere will finally...

US 30-year fixed-rate mortgage dips to 6.08%, lowest since Sept 2022

WASHINGTON (Reuters) - U.S. mortgage rates edged down to a two-year low this week, which could provide a further boost to refinancing activity, though...

Natural gas producers press Harris for answers in battleground state

By Jarrett RenshawERIE, Pennsylvania (Reuters) - Drillers in energy-rich Pennsylvania this week called on Democratic presidential candidate Kamala Harris to detail her position on...

Starmer Meets US Business Chiefs to Tout for UK Investment

(Bloomberg) -- Keir Starmer met US business executives including Blackstone Inc. President Jon Gray, JPMorgan Asset Management Chief Executive Officer Mary Callahan Erdoes and...

NASA downplays role in development of Titan submersible that imploded

OceanGate co-founder Stockton Rush said the carbon fiber hull used in an experimental submersible that imploded en route to the wreckage of the Titanic...

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