In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A person walks by The Spheres at the Amazon.com Inc. headquarters in Seattle, Washington, on Nov. 14, 2022. David Ryder | Getty Images News | Getty Images Amazon has removed any references to diversity and inclusion from its most recent annual report. The company filed
Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The sports car maker warned that the new combustion engine models and battery development expenses would hurt profits this year, sending share prices plunging. Porsche plans new gas-powered cars to boost profits After announcing that it expects
DOGE staffers who are working at the Department of Energy do not have access to U.S. nuclear secrets, Secretary Chris Wright told CNBC in an interview Friday. “I’ve heard these rumors. They’re like seeing our nuclear secrets. None of that is true at all,” Wright told CNBC’s Brian Sullivan in an exclusive interview. One of
Hamas has released the names of three Israeli hostages it says it will release on Saturday in the fifth such swap of a fragile ceasefire in Gaza. The hostages are Eli Sharabi, Ohad ben Ami and Or Levy, Hamas armed wing spokesperson Abu Obeida said in a Telegram post. In return for the captives’ release,
Greek authorities have responded to an intensifying earthquake swarm near Santorini by closing schools and deploying emergency teams. The tremors, which began last week, have been growing in frequency and magnitude, raising concerns over potential stronger quakes in the region. While experts have ruled out immediate volcanic activity, the situation remains unpredictable due to the
Apple has reportedly been ordered by the UK government to allow it access to encrypted data stored by the company’s users worldwide in its cloud service. At the moment, only the Apple account holder can access such data – not even the US technology giant can see it. Apple, which makes iPhones, iPads and iMacs,
The government is spending £22bn on “unproven” technologies which will have a “very significant effect” on energy bills, according to an influential committee of MPs. There has been no assessment of whether the programme to capture and store carbon from the atmosphere is affordable for billpayers, said a report from the Public Accounts Committee (PAC)
A search for a missing plane carrying 10 people is under way in Alaska. The Bering Air flight left Unalakleet at 2.38pm on Thursday but contact was lost less than an hour later, the firm’s operations director David Olson said. Officials are trying to work out its last-known position but the coastguard said the Cessna
Photo: @TeslaCharging/Twitter Trump’s Federal Highway Administration (FHWA) has issued a memo ordering states to suspend all state EV infrastructure deployment plans under the National Electric Vehicle Infrastructure (NEVI) Formula Program. Trump’s FHWA orders NEVI suspension The $5 billion NEVI program is the big rollout of EV charging infrastructure across the US that was funded by
In this article AFRM Follow your favorite stocksCREATE FREE ACCOUNT Affirm shares jumped more than 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected fiscal second-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Earnings per share: 23 cents vs. an expected loss
Dado Ruvic | Reuters DeepSeek has rattled the U.S.-led AI ecosystem with its latest model, shaving hundreds of billions in chip leader Nvidia’s market cap. While the sector leaders grapple with the fallout, smaller AI companies see an opportunity to scale with the Chinese startup. Several AI-related firms told CNBC that DeepSeek’s emergence is a “massive”
Open Extended Reactions After leading Ohio State to the national title, Buckeyes coach Ryan Day has agreed to a new contract that is set to make him the country’s second-highest-paid head coach. Ohio State announced in a statement Thursday morning that Day and the school have agreed to a new seven-year deal. The school said
A woman walks up to the security guards outside a shuttered USAID-funded sexual health clinic in Johannesburg’s inner-city district. She looks around with confusion as they let her know the clinic is closed. She tells us it has only been two months since she came here to receive her usual care. Now, she must scramble
TV chef Gino D’Acampo has denied dozens of allegations of inappropriate and intimidating behaviour on the sets of TV shows he has appeared on. D’Acampo actions were described as being “unacceptable”, “distressing” and “horrendous”, according to an ITV News investigation. Anonymous women who spoke to the news broadcaster also accused D’Acampo of aggressive behaviour and
Keir Starmer was touring the UK National Nuclear Laboratory in Preston when the Bank of England halved its 2025 growth forecast, cut interest rates for the third time in six months, warned of an uptick in inflation and said the national insurance hike on employers would hit prices and jobs more than expected. It was
Donald Trump has sanctioned the International Criminal Court (ICC), accusing it of “illegitimate and baseless actions targeting America and our close ally Israel”. In his latest round of executive orders, the US president has taken aim at the ICC and rallied against what he called anti-Christian bias in the US. It comes as a US
Grenfell Tower will be demolished, Angela Rayner has confirmed. The demolition is expected to take “around two years” and be carried out “sensitively”, the government said. The official announcement comes after the deputy prime minister met with campaigners to tell them of the decision on Wednesday evening – sparking an angry reaction. Grenfell United has
The Labour MPs who have set up a pressure group to counter the threat of Reform UK have been warned they risked promoting factionalism. Baroness Harman, a former deputy leader of the Labour Party, said setting up the group was also “problematic” because it gave the impression that those involved did not believe the leadership
A significant milestone in suborbital spaceflight was achieved by Blue Origin with the launch of its uncrewed NS-29 mission. The New Shepard rocket lifted off from the company’s West Texas facility on February 4 at 11 a.m. EST, following a week-long delay caused by adverse weather conditions and a technical issue in the rocket’s avionics
The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%. And in a sign that households can expect more cuts in the months to come, two members of the Bank‘s Monetary Policy Committee said they would have preferred to reduce rates even more, by
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