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Boeing Eager to Return to Union Talks as Strike Shuts Factories
Boeing is eager to get back to the bargaining table to limit damage and reach a settlement after 30,000 workers walked off the job on Friday, as the strike added challenges to its turnaround.
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US Import Prices Post Largest Drop in Eight Months in August
U.S. import prices dropped by the most in eight months in August amid lower costs for fuels and food products, suggesting that domestic inflation will continue to subside in the months ahead....
TikTok Faces Crucial Court Hearing That Could Decide Fate in US
TikTok and parent company ByteDance face a key court hearing on Monday in a legal battle seeking to block a law that could ban the app used by 170 million Americans as soon as Jan. 19....
Boeing's US Factory Workers Strike After 96% Vote for Walkout
Boeing's U.S. West Coast factory workers walked off the job early on Friday after overwhelmingly rejecting a contract deal, halting production of the planemaker's strongest-selling jet as it wrestles with severe output delays and heavy debt....
Dollar Hits Nine-month Low Versus Yen as Fed Debate Reignites
The dollar fell to its lowest level this year against the Japanese yen on Friday after media reports reignited the debate about an outsized Federal Reserve rate cut next week....
China Approves Plan to Raise Retirement Age From January 2025
China's top legislative body has approved a proposal to raise the country's retirement age, the official Xinhua news agency said on Friday, accelerating an overhaul of decades-old laws to tackle the economic pressure of a shrinking workforce....
Trump explains why he won't debate Harris again
Former President Donald Trump stated that he will not debate Vice President Kamala Harris again because they believe they have already covered all necessary topics....
U.S. borrowing tops $1.9 trillion so far this year
(The Center Square) – The federal government borrowed $1.9 trillion in the first eleven months of fiscal year 2024, including $380 billion in August, a startling amount as federal watchdogs...
Trump: No More Debates With Kamala Harris
Republican Donald Trump said on Thursday he would not participate in another presidential debate against his Democratic rival Kamala Harris ahead of the Nov. 5 election, as several polls showed that she beat him....
US Reconsidering Ukraine Missile Restrictions on Firing Into Russia
The United States signaled Thursday that it may allow Ukraine to fire missiles more deeply into Russia to destroy weapons that Moscow has deployed to launch airstrikes throughout Ukraine....
Biden to Host Quad Summit September 21 in Delaware
U.S. President Joe Biden will host a Quad leaders summit with leaders from Australia, India and Japan on September 21 in Delaware, the White House said on Thursday....
Trump’s Advantage Diminishes in Fox News Power Rankings as Debate Impact Approaches
Former President Donald Trump has lost his edge in Georgia and North Carolina, making Vice President Kamala Harris the overall forecast lead for the first time in the latest Fox News Power Rankings. Despite this shift, six toss-up states remain in play with a combined total of 78 electoral votes up for grabs, underscoring the unpredictability of this election. ...
Taylor Swift's Endorsement of Kamala Harris: Impact on the November Election
Taylor Swift's endorsement of Kamala Harris after the presidential debate against Trump has stirred interest in the November election. While Democrats hope Swift's support will boost young voter turnout, recent polling suggests it may not significantly sway voter decisions....
Exclusive-Evergrande Chairman Hui Kept in Special Detention Center in Shenzhen, Sources Say
Hui Ka Yan, the chairman of China Evergrande Group - the company at the centre of the country's property sector crisis - has been moved to a special detention centre in Shenzhen, two sources with knowledge of the matter said....
US Treasury Sets Rules for 15% Minimum Tax on Biggest, Most Profitable Companies
The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S. revenues over 10 years from about 100 large companies now paying an average rate of just 2.6%....
US Producer Prices Rise Slightly Above Expectations in August
U.S. producer prices increased slightly more than expected in August amid higher costs for services, but the trend remained consistent with subsiding inflation....
US Proposes Delaying Full Enforcement of Stricter ID Rules Until May 2027
The Biden administration on Thursday proposed delaying full enforcement of new regulations requiring Americans to get new identification cards in order to board airplanes or enter a federal building by another two years to May 2027....
India's August Retail Inflation Above Economists' Expectations at 3.65% Y/Y
India's August retail inflation was slightly higher than economists' expectations, on the back of a sharp rise in vegetable prices, according to government data released on Thursday....
US Officials to Meet With Top Tech Executives on Powering AI -CNN
Executives from Open AI, Google and Anthropic will meet with senior U.S. officials at the White House on Thursday to discuss the energy resources and infrastructure needed to power AI, CNN reported citing a person familiar with the matter....
Microsoft to Cut 650 Support Jobs in Xbox Games Unit, Bloomberg News Reports
Microsoft said it is cutting 650 jobs in its Xbox unit, the third such layoff this year as the company tries to rein in costs and integrate its $69 billion acquisition of Activision Blizzard, Bloomberg News reported on Thursday....
General Mills Sells N. America Yogurt Operations in $2 Billion Deal to Focus on Stronger Brands
General Mills will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the Cheerios maker said on Thursday....
Oil Prices Up Over 1% on US Hurricane Impact Concerns
Oil prices rose more than 1% on Thursday, spurred by concerns of Hurricane Francine impacting output in the U.S., the world's biggest crude producer, though worries of lower demand capped gains....
SpaceX-Polaris Crew Poised to Attempt First Private Spacewalk
The first private spacewalk is set for Thursday by a group of astronauts who will leave a SpaceX capsule after a delay of a few hours, testing a new line of spacesuits in the company's riskiest mission yet....
Biden, Harris and Trump Visit Sept. 11 Sites to Mark 2001 Attacks
President Joe Biden, Vice President Kamala Harris and former President Donald Trump made a rare joint appearance on Wednesday at the New York City site that marks the Sept. 11 plane attacks in 2001 that killed nearly 3,000 people....
US seizes hundreds of websites used in imported gun parts scheme
More than 700 gun-conversion devices were also seized...
ABC News Moderators Blasted For Bias, Fact Checking Trump But Not Harris
ABC News moderators faced criticism for showing extreme bias during the presidential debate, as they fact-checked Donald Trump but failed to do the same for Kamala Harris. David Muir and Linsey Davis were called out for asking Trump more aggressive questions, pressing him with follow-up inquiries, while allowing Harris to avoid answering questions and lie unchecked....
Zelenskiy Says 'Victory Plan' Could Push Russia to End War Diplomatically
President Volodymyr Zelenskiy said on Wednesday his "victory plan" that he wants to present to U.S. President Joe Biden this month would strengthen Kyiv and have a "psychological" impact that could push Russia to end its war diplomatically....
US Dollar Mixed as Inflation Data Backs Smaller Fed Rate Cut
The US.dollar was mixed overall on Wednesday in choppy trading after data showed underlying inflation in the world's largest economy rose in August, reinforcing expectations that the Federal Reserve will likely undertake a smaller rate cut of 25 basis points later this month....
Japan's Panasonic Ends 37-year Contract as Top Olympics Sponsor
Japan's Panasonic Holdings said on Tuesday it would end its 37-year contract as a top sponsor for the Olympics following the end of the Paris Games....
Adobe to Launch Generative AI Video Creation Tool Later This Year
Adobe will unveil a new generative AI-powered video creation and editing tool in a limited release later this year, the software maker said on Wednesday, as it looks to beef up its suite of applications catering to creative professionals....
US Consumer Prices Rise Moderately in August
US consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut next week....
Amazon to Invest $10 Billion in UK Data Centres
Internet giant Amazon's cloud computing arm, Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years to build, operate and maintain data centres....