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RCMP federal investigators say they have dismantled the largest drug superlab in Canadian history.

Apple snapped out of a recent iPhone sales slump during its summertime quarter

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates

Amid the backdrop of a sales misconduct investigation and other legal troubles, security technology company Evolv is now firing its CEO

According to a Pentagon audit, Boeing has overcharged the Air Force on spare parts for a major cargo plane, including marking up the price of simple lavatory soap dispensers by 8,000%

Peloton has appointed its next CEO

A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt to changing weather patterns and natural disasters

Some 60,000 Wawa-branded beverage tumblers are under recall due to a laceration hazard posed by the products’ metal straw

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

Bahnsen Group managing partner David Bahnsen discusses market volatility and analyzes the real estate market on The Big Money Show.

mycoplasma pneumonia are increasing across the U.S., particularly among young children, according to the Centers for Disease Control and Prevention (CDC). According to an NPR report, Preeti Sharma, a pediatric pulmonologist at UT Southwestern and Children's Health in Dallas, has observed the rise firsthand. This condition, caused by the Mycoplasma pneumoniae bacteria, initially appears as mild cold symptoms but progresses to a persistent, disruptive cough. Sharma noticed the symptoms in her 12-year-old daughter, who came home with a runny nose, sneezing, and a sore throat, which progressed to a lingering cough. “She had a runny nose, some sneezing, a little bit of sore throat, and a little bit of kind of feeling fatigued, lower appetite,” Sharma said.

Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested. Microsoft and Meta both said on Wednesday their capital expenses were growing due to their AI investments. Alphabet, too, reported on Tuesday that these expenditures would remain elevated. Amazon, which is set to report results after market hours on Thursday, is likely to echo these forecasts.

«At present, we have not found any foul play (in the death of elephants). I have visited so many nearby areas. I am not seeing any foul play as of now. But let us see what (autopsy and forensic) reports say,» he said. «A five-member team of the Wildlife Crime Control Bureau from Delhi is in the reserve. The National Tiger Conservation Authority's Nagpur-based regional officer, assistant inspector general of forests Nandkishore Kale, was camping here to get first-hand feel of the situation,» Ambade said.

unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September, showcasing the economy's strength heading into the final stretch of 2024 and just days before next Tuesday's presidential election. Though prices pushed higher last month, inflation is firmly on a downward trend, with other data on Thursday showing labor costs posting their smallest gain in more than three years in the third quarter. The data likely keeps the Federal Reserve on track to cut interest rates next week and again in December. «We are not concerned that inflation's progress toward the Fed's target is stalling, let alone reaccelerating,» said Ryan Sweet, chief economist at Oxford Economics.

inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels. The Commerce Department reported that prices rose just 2.1% in September from a year earlier, down from a 2.3% rise in August. That is barely above the Fed's 2% inflation target and in line with readings in 2018, well before prices began surging after the pandemic recession. Yet some signs of inflation pressures remained. Excluding volatile food and energy costs, so-called core prices rose 2.7% in September from a year earlier for the third straight month. On a monthly basis, core prices rose 0.3% from August to September, up from just 0.1% from July to August. The increase in the core rate is higher than the Fed would prefer.

According to data from MarketWatch, Microsoft's shares were down 3.8% in pre-market trading at the time of reporting on Thursday (31 October). Meta's stock also took a blow, with its shares 2.7% lower in pre-market trading. In addition, the S&P 500 futures index, which indicates the likely direction of the US stock market, was down by 0.3% at the time of reporting, while the S&P 500, which represents the actual value of the stocks included in the index, also saw a decline of 0.3%. Meanwhile, the Nasdaq Composite was 0.5% lower than a day earlier. BlackRock and Microsoft partner ...

California is partnering with a major airline trade group to increase the availability of sustainable aviation fuels in the state

Fewer Americans filed for unemployment benefits last week as layoffs remained at historically healthy levels despite elevated interest rates

As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels

Islamabad: The fundamental assumptions used to finalise the USD 7 billion deal with the IMF have gone awry within a month of its approval, leaving the authorities concerned with an option either to renegotiate the package or keep suffocating the economy through more taxes, according to a media report on Thursday. Official statistics show that out of four key underlying assumptions for achieving the nearly Rs 13 trillion tax target — the economic growth rate, inflation, large-scale manufacturing and imports — three assumptions have already been proven wrong by the end of the first quarter of the current fiscal year. The federal government has also overly committed on behalf of the four provincial governments that, too, are struggling to meet their conditions soon after the deal became effective. The Express Tribune newspaper reported that the official statistics for the first quarter (July-September) revealed that — from the Federal Board of Revenue's tax collection target to provincial cash surpluses — everything has gone off the mark.

Tata Investment Corporation on Thursday reported its September quarter net profit at Rs 124 crore which was flat over the corresponding quarter of the previous financial year. However, on a sequential basis, the profit after tax (PAT) fell by nearly 6% versus Rs 131 crore posted by the Tata Group NBFC in Q1FY25. Total revenue from operations stood at Rs 142.48 crore, which was 15% higher over Rs 123.86 crore reported by the company in the corresponding quarter of the previous financial year. It was flat on a sequential basis as the company's April-June quarter revenue stood at Rs 142.46 crore.