Taiwan Semiconductor (TSMC) (NYSE:TSM,TPE:2330), the world’s largest contract chipmaker, reported a strong 39.6 percent year-over-year increase in revenue for September 2024. Based on this, the company’s Q3 earnings beat analysts’ expectations and the company’s own…
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Boeing withdrew a contract offer for 33,000 machinists who have been on strike since mid-September, and said further negotiations “do not make sense at this point.” The machinists walked off the job on Sept. 13 after…
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As Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price gouging and collusion that accompanies major natural disasters. “Wrongdoers are looking to…
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DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it rethinks its EV and battery operations. The Detroit automaker confirmed the switch…
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AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end…
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TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and financial regulators for failing to monitor money laundering by drug…
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World News
Italy’s hard-right government set to send sea migrants to Albania in bid to curb arrivals
The Italian government is facing a new set of challenges as it prepares to open two migrant processing centers in Albania in October where men rescued at sea en route to Italy will be processed for asylum. It’s a move…
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World News
Australian Prime Minister Anthony Albanese apologizes for ‘hurtful’ Tourette’s syndrome jibe
Australian Prime Minister Anthony Albanese has apologized after using an ableist slur to taunt political opponents in parliament. Albanese was speaking during question time on Tuesday when opposition lawmakers repeatedly interrupted him. “Have you got…
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World News
Helicopter pilot who crashed into a hotel had drunk a ‘significant amount of alcohol,’ report finds
A pilot who died when he crashed a helicopter into a hotel in Australia had “significant blood alcohol content” during the unauthorized flight, according to an official report into the incident. Hundreds of guests and…
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World News
‘Our dreams were falling down the mountain’: American and British climbers stranded in the Himalayas for three days
Fay Manners and Michelle Dvorak were perched high on the snowy face of a Himalayan mountain when disaster struck their quest to become the first to summit its peak. At more than 6,000 meters (about…