Rupert Murdoch, chairman and CEO of News CorporationLionel Bonaventure | AFP | Getty ImagesFox News apologized to the Delaware judge presiding over the Dominion Voting Systems’ lawsuit for failing to properly define Fox Corp. Chairman Rupert Murdoch’s formal role at the network, according to a letter filed with the court.”We understand the Court’s concerns, apologize,… […]
Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs.Joe White | ReutersFrom the headlines, car buyers might think the most important force driving down the cost of electric vehicles is the $7,500 tax credit that was… […]
Mario poses at the “SUPER NINTENDO WORLD” welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. The Japanese gaming […]
Ukraine’s President Volodymyr Zelenskiy speaks as he meets with democratic presidential nominee and U.S. Vice President Kamala Harris (not pictured), in the Vice President’s Ceremonial Office in the Eisenhower Executive Office Building on the White House campus in Washington, U.S., September 26, 2024. Kevin Lamarque | Reuters Tensions are likely running high in Kyiv ahead […]
Saudi Aramco’s Ras Tanura oil refinery and oil terminal Ahmed Jadallah | Reuters Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 billion dividend. The company reported net income of $27.56 billion in […]
People walk at a shopping complex in Chengdu, Sichuan province, China April 13, 2024. Tingshu Wang | Reuters From Apple to Starbucks U.S. consumer brands are reporting yet another quarter of China sales declines. The falling revenue in what’s been a major market for the U.S. companies comes amid tepid consumer spending in China and […]
Boeing machinists approved a new labor deal Monday, ending a costly seven-week strike that halted most of the company’s aircraft production, worsening its mounting losses. Machinists voted 59% in favor of the new contract, which includes 38% wage increases over four years and other improvements. The approval is a relief for Boeing’s new CEO, Kelly […]
Bruno Dupeyron, University of Regina For more than 150 years, the United States and Canada have shared what is commonly called the “longest undefended border” in the world. And yet in the midst of the […]
Noah S. Schwartz, Carleton University The COVID-19 pandemic has caused a surge in gun sales. Estimates based on background checks show that an estimated 2.6 million guns were sold in the United States in March. […]
The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images Online ticket platform StubHub priced its IPO at $23.50, in a share sale that values the company at $8.6 billion. The pricing late Tuesday landed at the mid-point of the expected range that the company gave […]
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