Boeing shares moved lower after Wednesday morning’s messy third-quarter release. Despite a wider-than-expected loss, operational execution is improving, and the company is well-positioned to deliver more aircraft going forward. That will boost free cash flow, which is the ultimate driver of the share price. Revenue in the third quarter ending Sept. 30 rose 30% year…
The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points, marking its second consecutive rate cut this year as the U.S. economy contends with a sharp slowdown in hiring. The Fed cut lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.75% and…
A stumble on a step, a Yorkshire-lilted “ohh noh”, and world-famous Jarvis Cocker clatters down the stairs from The Listening Room. The frontman of 1990s Britpop phenom Pulp is mostly OK, but will headline Clockenflap the following evening a little less snake-hipped than usual, after breaking two ribs in this innocent attempt at returning to…
Reports of problems with the platform began to be reported on DownDetector at around 3.45pm. Most people had problems with the Microsoft 365 admin centre and website, meaning some were unable to use them properly. Numerous other services related to Microsoft, such as Azure and Xbox, were also experiencing issues around the same time. Some users…
The natural enemy of the party girl is the return-to-office mandate, but if yours hasn’t been handed down yet, why not work from the W Florence? In fact, with the new hotel’s music, fashion, and beauty programming, a stay might as well qualify as business-critical — it does at NYLON, anyway. Most of my very…
While the tug of war between the US and China over chips has been well covered, Nvidia CEO Jensen Huang raised another group caught in the crossfire that has received less attention in Washington: Chinese tech talent. At the company’s annual developers confab, held in the US capital for the first time this week, Huang…
Spanish giants Real Madrid have issued a statement after a provincial court ruling in Spain in relation to long-running debate over plans for a European Super League Real Madrid have issued a statement indicating a desire for compensation from UEFA(Image: James Gill – Danehouse/Getty Images) Real Madrid are looking for compensation for “substantial damages” from…
The US Department of Homeland Security has eliminated automatic extensions of employment authorisation documents, a move that will force foreign workers — especially Indians who make up a large portion of the expat workforce — to stop working if their renewals are not approved before their current permits expire. The change is expected to significantly…
At a glance Expert’s Rating Pros Stunning display Superb performance Gorgeous slim and lightweight design Fast charging Cons Very expensive Nano-texture coating only available on some models Accessories not included Our Verdict Apple’s iPad Pro is an exceptional tablet with great performance, a stunning display, a super slim and lightweight design, and a decent battery…
The most glaring self-inflicted wound from Donald Trump’s first term in office was his decision in 2017 to let Paul Ryan and other traditional Republicans push him into a futile war to repeal the Affordable Care Act. From Ryan’s perspective, the decision made perfect sense: He and his allies despised the welfare state in general…