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Senate Nominee Dave McCormick Joins Elon Musk For Town Hall
President Biden criticized Elon Musk for supporting strict immigration policies despite allegedly working without proper authorization in the US on a student visa in the 1990s.
US-ECONOMY-HOUSING-REAL ESTATE
The US commercial real estate sector seeks to preserve Trump-era tax cuts as it faces record vacancies, high financing costs, and looming $1 trillion debt.
OpenAI Holds Its First Developer Conference
Microsoft CEO Satya Nadella's $79.1 million pay for 2023 reflects the company's strong performance, despite his requested pay cut due to cybersecurity issues that affected government accounts.
US-AEROSPACE-SPACE-NASA-BOEING
Boeing is considering selling parts of its space business, including Starliner, due to delays and rising costs from a machinist strike.
Crews Continue To Work To Reopen Shipping Lane
The US government will receive over $100 million from the owners of the Dali container ship following the deadly Baltimore bridge collapse in March.
E. Coli Outbreak Forces McDonald's to Pull Out Quarter Pounder
McDonald's pulled fresh onions and Quarter Pounders in 20% of US locations, after E. coli outbreak hospitalizes 49 and kills one.
Former Abercrombie & Fitch CEO Mike Jeffries Charged
Former Abercrombie CEO Mike Jeffries faces 16 charges tied to an alleged international sex trafficking scheme during his tenure.
Gold Prices Soar Due To Uncertainty Caused By Wars
Gold prices have surged to $2,729 per ounce, with experts predicting further increases due to rising US debt and central bank purchases.
BRITAIN-US-MUSIC-SWIFT
Taylor Swift's Eras Tour in New Orleans has led to high hotel demand, with fans scrambling to secure accommodations for the sold-out shows.
Disney Entertainment Showcase At D23
Disney plans to announce a new CEO successor by early 2026, with James Gorman taking over as chairman of the succession planning committee in January 2025.
Pharmaceutical Company Eli Lilly Headquarters
Eli Lilly is suing medical spas and vendors for selling unapproved, fake weight-loss products containing their active ingredient, tirzepatide.
SINGAPORE-CHINA-INTERNET-SOCIAL-MEDIA-BYTEDANCE
ByteDance fired an intern for allegedly sabotaging its AI model, Doubao, though the company claims the damage reports are exaggerated.
Senate Intelligence Committee Holds Hearing On Worldwide Threats
The U.S. overspent $1.833 trillion for the 2024 fiscal year, the highest since the pandemic, due to rising costs in interest payments, Social Security, healthcare, and military spending.
TOPSHOT-CUBA-ENERGY-ECONOMY-BLACKOUT-DAILY LIFE
Over 10 million Cubans face a nationwide blackout after the main energy plant failure, with officials also struggling to quickly restore power.
CYPRUS-ECONOMY-FINANCE-EU
Cypriot banks reduced their exposure to Russian and Ukrainian clients, cutting over 13,000 and 35,000 accounts, respectively due to increasing international sanctions.
Netflix's Password Sharing Crackdown Backfires With Slow Subscriber Growth in Q2
Netflix's ad-supported tier boosted subscriber growth, increasing market value by $18 billion and shares by 6%.
Facebook Covers Sign At Menlo Park Headquarters
Meta reportedly fired employees for misusing meal vouchers intended for food purchases, with some using them to buy items like toothpaste.
Nestle Cuts Sales Forecast as Shoppers Reject Price Hikes
Nestlé's organic sales fell by 0.3% or $21.42 billion, driven by consumer anxiety over the upcoming US presidential election, which affected spending habits.
FRANCE-AMAZON-DISTRIBUTION-NGO
80% of toys sold online in Europe, including on Amazon, fail to meet safety standards, prompting calls for greater accountability from online marketplaces.
Vietnamese Billionaire Truong My Lan Sentenced to Death in Biggest Corruption Cases in History
Truong My Lan, a Vietnamese tycoon, faces life imprisonment and a prior death sentence for property and bond fraud involving billions of dollars.
US-ECONOMY-RETAIL
US import prices saw a massive 0.4% drop in September, marking the largest decline in nine months, largely due to falling energy and food costs.
Australian Parliament Sits
Australian PM Anthony Albanese, who earns $400,000 annually, faces criticism for buying a $2.9 million waterfront home during a housing crisis.
INDIA-ECONOMY-AVIATION
Indian airlines, including Air India, IndiGo, SpiceJet, and Akasa Air, faced multiple fake bomb threats over 48 hours, but the reason for the surge is still unknown.
GHLIN GOOGLE 15 YEARS EVENT
Google has partnered with Kairos Power to deploy small nuclear reactors for its AI data centers, aiming to bring the first reactor online by 2030.
MEXICO-DRUGS-ARMY-INCINERATION
A businessman has pleaded guilty to his role in Ireland's largest crystal meth seizure, totaling 564 kg valued at approximately $35 million, and is set to be sentenced in December.
Walgreen's Plans To Close A Number Of Its Stores Across
Walgreens exceeded Q4 sales expectations but plans to close 1,200 stores by 2027 as part of its cost-cutting strategy.
US-HEALTH-VIRUS-WEDDING
U.S. retirees are increasingly worried about financial risks due to soaring healthcare costs and longer life expectancy, with 45% facing potential shortfalls in retirement funds.
Vice President Kamala Harris Speaks In Washington, DC
Kamala Harris's new policies include providing forgivable loans, access to marijuana and cryptocurrency industries, and launching a national health initiative.
Apple Holds Annual Worldwide Developers Conference
Apple faces new NLRB complaints accusing the company of violating employee rights by restricting social media use, limiting Slack channels, and unlawfully firing employees involved in workplace activism.
US-ACCIDENT-AVIATION-BOEING
Boeing faces increasing losses as the ongoing machinist strike extends into its fifth week, causing workforce cuts as the production delays.
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