Business News
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Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results
Amazon said it will be increasing this year’s capital spending on technology, mostly artificial intelligence, by an additional 10% after the tech and e-commerce giant delivered strong profits and net sales during for fiscal second quarter, helped by surging growth in its prominent cloud computing unit
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Human-caused climate change made Spanish, French fires much more likely, scientists calculate
Two new studies reveal climate change's fingerprints over extreme fire weather-triggering infernos in Spain and France
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WestJet flight attendants threaten to strike during long August weekend in Canada
Flight attendants at WestJet, Canada's second-largest airline, have threatened to strike over unpaid work
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Probe cites history of overweight flights, inadequate oversight in crash that killed 10 off Alaska
Federal investigators report that a commuter plane crash off Alaska last year, which killed all 10 people on board, involved an operator with a history of overweight flights
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Federal government to turn a Kentucky uranium plant into an AI data center and gas power complex
The U.S. Department of Energy is harnessing the artificial intelligence boom in its bid to convert another Cold War-era uranium enrichment site
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Strong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectations
Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Street’s expectations thanks to strong sales of the iPhone and MacBook computers
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Microsoft's best day since 2008 leads US stocks, while inflation worries remain in the bond market
A monster day for Microsoft following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street, while AI stocks regained some of their sharp recent losses
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US and Iran trade missile barrages as hopes dim for a quick resolution to the five-month conflict
The United States and Iran have each fired barrages of missiles as the pattern of back-and-forth strikes takes hold again and hope dims for a quick end to the five-month conflict
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Paxton lawsuit prompts end of federal endangered species protection for Texas lizard
The U.S. Fish and Wildlife Service has ended endangered species protections for a Texas lizard after a lawsuit by state Attorney General Ken Paxton
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Average 30-year US mortgage rate rises to highest level in a year at 6.66%
The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borrowing costs
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