(Reuters) -Driving assistance systems supplier Mobileye Global reported better-than-expected quarterly revenue on Thursday, signaling a recovery in demand from automakers who have had a glut of their sensors and related hardware. Automakers globally have refrained from augmenting their inventories over the past few quarters as weak consumer spending led to production cuts and, therefore, fewer…
Did you work a side hustle or freelance gig this year and get paid through PayPal, Venmo, Cash App or another third-party payment app? If so, you may have new rules to follow when filing your tax return next year. You’ll receive tax form 1099-K if you earned more than $5,000 in untaxed income in 2024 and were…
CNN — If God was the vote counter, Donald Trump says he’d win in a landslide. The Republican nominee suggested on Thursday that divine intervention in next week’s election would reveal him as the rightful winner of even Democratic bastions like California. On one level, Trump’s comment shows how his false election fraud claims have…
BEIJING (AP) — Typhoon Kong-rey weakened to a tropical storm overnight and was forecast to bring heavy rain and high winds to Shanghai and other parts of China’s east coast Friday. The storm crossed Taiwan at typhoon strength on Thursday, bringing down trees and causing landslides that covered roads and damaged houses. Two people died…
JPMorgan’s trading desk has some ideas on how much the stock market might move following Friday’s all-important jobs report. Friday’s data on nonfarm payrolls, the unemployment rate and wages are the last major economic release before next week’s presidential election and Federal Reserve policy meeting. Economists polled by Dow Jones expect jobs to have grown…
TikTok fined $2.4 million SUGGESTED: TikTok was fined for not providing accurate and specific safety data. A Russian Court fined Menlo Park, California-based Google $2 decillion, which continues to grow each day over penalties for non-payment, for blocking content on YouTube, according to reports. Russian state news agency Tass reported that Google owes the Russian…
(Reuters) – Juniper Networks, which is being bought by Hewlett Packard Enterprise, beat Wall Street estimates for third-quarter revenue and profit on Thursday, aided by demand for its networking equipment. Sunnyvale, California-based Juniper is benefiting from strong demand from cloud computing firms as they invest heavily to bolster AI infrastructure. For the third quarter, the…
Samsung’s next flagship, the Galaxy S25, will be here before you know it, with a likely launch date sometime in early 2025. And that means those considering an update will be eager to see how this upcoming phone will compare to the current Galaxy S24 and what kinds of new features and improvements Samsung will…
The United States is contending with the most challenging international environment it has faced since at least the Cold War and perhaps since World War II. One of the most disconcerting features of this environment is the burgeoning cooperation among China, Iran, North Korea, and Russia. Some policymakers and commentators see in this cooperation the…
Ahead of the US presidential election, there are signs Chinese people are growing increasingly disillusioned with Washington, viewing it as no better or worse than other countries. That’s among the insights gathered from Bloomberg’s conversations with more than two dozen people in Shanghai, China’s most outward-looking city. (Source: Bloomberg) Source link