Sydney Harbour and the skyline of the central business district (CBD) in Sydney, Australia, on Tuesday, April 29, 2025. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher Wednesday, as investors weighed a ceasefire between Israel and Iran, as well as fresh commentary from the U.S. Federal Reserve. There is growing optimism that a ceasefire between Israel and Iran brokered…
Carnival shares climbed nearly 7% on Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance. According to the company’s earnings report, the cruise operator posted adjusted earnings of 35 cents per share while beating analysts’ estimates of 24 cents, according to LSEG. Adjusted revenue came in at a record $6.3…
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback,…
If the future is all about building mechanical mobility, whether on wheels or robotic legs, auto parts suppliers have a competitive edge. “We believe humanoid robots will bring a third wave of growth for auto parts suppliers,” Morgan Stanley analysts said in a June 18 report. The authors include lead autos analyst Adam Jonas, industrial…
A federal judge in Boston on Monday said the termination of National Institutes of Health grants for research on diversity-related topics by President Donald Trump’s administration was “void and illegal,” and accused the government of discriminating against racial minorities and LGBT people. U.S. District Judge William Young during a non-jury trial said the NIH violated…
Waymo partners with Uber to bring robotaxi service to Atlanta and Austin. Uber Technologies Inc. Uber and Alphabet’s Waymo are now offering robotaxi rides to the public in Atlanta, as the companies continue expansion of their partnership. The Waymo robotaxis available through the Uber app will cover approximately 65 square miles around Atlanta, but will not yet…
U.S. President Donald Trump speaks to the press before boarding Marine One from the South Lawn of the White House in Washington, D.C., on June 24, 2025. Mandel Ngan | Afp | Getty Images President Donald Trump on Tuesday ramped up his pressure on Congress to get his “big, beautiful bill” across the finish line,…
A Boeing Dreamliner 787-9, operated by Riyadh Air, at the Paris Air Show in Paris, France, on Monday, June 16, 2025. Nathan Laine | Bloomberg | Getty Images The heroic actions of the crew of Alaska Airlines flight 1282 ensured everyone survived last year when a door plug panel flew off the plane shortly after…
A FedEx truck on Cyber Monday in San Francisco, California, US, on Monday, Dec. 2, 2024. David Paul Morris | Bloomberg | Getty Images FedEx reported better-than-expected quarterly earnings and revenue Tuesday as the company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming…
A truck passes by shipping containers at the Port of Los Angeles. Mark Ralston | Afp | Getty Images A new wave of ocean freight from China is beginning to arrive at the Port of Los Angeles and Long Beach, an increased flow of shipping containers aiming to beat potential tariff increases. President Trump imposed…
