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Business

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Dow Jones dives 397 points as tech stocks take a tumble
Dow Jones dives 397 points as tech stocks take a tumble

NEW YORK, New York - Artificial Intelligence stocks were sold off again Thursday,  resulting in all the key U.S. indices closing sharply...

Musk’s $1 trillion Tesla deal faces pushback from Norway’s wealth fund
Musk’s $1 trillion Tesla deal faces pushback from Norway’s wealth fund

OSLO/BOSTON: Global investors are divided ahead of a crucial shareholder vote on Elon Musk's proposed US$1 trillion Tesla pay package,...

Mamdani’s NYC victory rattles Wall Street, sparks tax worries
Mamdani’s NYC victory rattles Wall Street, sparks tax worries

NEW YORK CITY, New York: Wall Street reacted with unease as Zohran Mamdani, a self-described democratic socialist, was elected mayor...

Starbucks cedes China majority stake to Boyu to fuel expansion
Starbucks cedes China majority stake to Boyu to fuel expansion

SEATTLE, Washington: Starbucks is handing majority control of its China business to private equity firm Boyu Capital in a deal that...

Nasdaq Composite surges 151 points amid U.S. stocks resurgance
Nasdaq Composite surges 151 points amid U.S. stocks resurgance

NEW YORK, New York - U.S. stock markets closed higher on Wednesday, as gains in technology and industrial shares supported continued...

Amazon secures $38 billion OpenAI deal to fuel ChatGPT infrastructure
Amazon secures $38 billion OpenAI deal to fuel ChatGPT infrastructure

SEATTLE, Washington: OpenAI has struck a US$38 billion deal with Amazon to secure massive computing power for its artificial intelligence...

California

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Economic worries dominated ballots, AP survey finds
Economic worries dominated ballots, AP survey finds

WASHINGTON, D.C.: Preliminary results from the AP Voter Poll show that economic concerns were front and center for voters casting ballots...

Air travel chaos grows in US as shutdown starves controllers of pay
Air travel chaos grows in US as shutdown starves controllers of pay

WASHINGTON, D.C.: Flight delays stretched across the U.S. as the government shutdown entered its second month, deepening air traffic...

Disney, YouTube TV clash leaves ESPN, ABC off the air
Disney, YouTube TV clash leaves ESPN, ABC off the air

BURBANK, California: Millions of U.S. viewers lost access to Disney's TV networks after talks between Disney and Google's YouTube TV...

Cook predicts double-digit iPhone sales surge this holiday
Cook predicts double-digit iPhone sales surge this holiday

CUPERTINO, California: Apple CEO Tim Cook projected a robust holiday season, saying iPhone sales and overall revenue will rise faster...

Warriors need all hands on deck for tough test against Nuggets
Warriors need all hands on deck for tough test against Nuggets

(Photo credit: Ed Szczepanski-Imagn Images) The Golden State Warriors begin their quest for the NBA Cup on Friday night while the...

Thunder storm into Sacramento for NBA Cup showdown vs. Kings
Thunder storm into Sacramento for NBA Cup showdown vs. Kings

(Photo credit: Alonzo Adams-Imagn Images) The Oklahoma City Thunder and Sacramento Kings will experience their first NBA Cup game...