By Simon Jessop and Michelle Nichols (Reuters) -Events next week in Rio and other Brazilian cities linked to the COP30…
Meta’s profit hit by about $16 billion one-time tax charge, shares fall
(Reuters) -Meta recorded a nearly $16 billion one-time charge in the third quarter related to U.S. President Donald Trump’s Big…
Microsoft’s high capital spending overshadows cloud business surge
By Aditya Soni and Deborah Mary Sophia (Reuters) -Microsoft said on Wednesday it spent nearly $35 billion on artificial intelligence…
MercadoLibre’s third-quarter net profit misses estimates despite revenue beat
By Andre Romani SAO PAULO (Reuters) -E-commerce firm MercadoLibre posted on Wednesday a net profit below analysts’ expectations, impacted by…
Apple poised for iPhone sales boost on strong Pro demand
By Akash Sriram and Zaheer Kachwala (Reuters) -Apple’s quarterly results on Thursday are expected to show the company can spark…
Carvana’s third-quarter results rise on used vehicle demand
(Reuters) -Used car retailer Carvana reported higher third-quarter profit and revenue on Wednesday, aided by strong demand for preowned vehicles.…
US firms grapple with economic divide as lower income struggles mount
By Juveria Tabassum and Niket Nishant (Reuters) -U.S. companies across industries are feeling the squeeze from the deepening split between…
IBM says key quantum computing error correction algorithm can run on conventional AMD chips
(Corrects headline and paragraph one to reflect that the algorithm performs error correct and not quantum computing; corrects Jay Gambetta’s…
White House says inflation data unlikely to be released next month
WASHINGTON (Reuters) -The White House said on Friday there likely will not be a release of inflation data next month…
US House Democrats push USDA to fund food benefits as shutdown continues
By Leah Douglas WASHINGTON (Reuters) -More than 200 Democrats in the U.S. House of Representatives told the Agriculture Department on…