Meta’s profit hit by $16 billion tax charge
Meta recorded a nearly $16 billion onetime charge in the third quarter related to President Donald Trump’s so-called big beautiful bill, and said its capital expenditure next year would be…
Section
Culture
When the World Series goes into extra innings, how much extra ad revenue does Fox rake in?
It’s already been an exciting Major League Baseball season. And that excitement is clearly translating into the business and advertising side as well. Earlier this summer, Variety reported…
Alphabet beats third-quarter revenue estimates on cloud demand and advertising
Google parent Alphabet beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and cloud computing unit showed steady growth. Shares of the…
Supreme Court probes Trump's attempt to send National Guard to Chicago
The Supreme Court began to delve into President Trump's troop deployment in Chicago on Wednesday, asking the opposing sides to brief the justices on what sort of conditions a president…
Portland Police Chief Reveals Troops Tear-Gassed Protest by Accident
The presence of federal officers in Portland is actually making things much worse, the city’s police commander said. Source link
Trump DOJ Indicts Congressional Candidate for Protesting ICE
One such area the president has homed in on is Portland, Oregon, a city better known for Voodoo Doughnuts and cold brew than hellish riots. Late last month, the president ordered the…
The Rush to Digital ID Is Creepy
The problems it solves are real but comparatively minor. The risks it creates are enormous. Source link
Polls offer ray of hope to Cuomo, showing gains on Mamdani in NYC mayoral race
A pair of newly released polls showed former New York Gov. Andrew Cuomo cutting his double-digit deficit nearly in half against Zohran Mamdani in New York City's closely watched mayoral…
Expiration of enhanced Obamacare subsidies could reverse record enrollment growth, states warn
States that operate their own health care marketplaces worry that a flood of consumers will drop insurance coverage if Congress does not prevent enhanced Obamacare subsidies from expiring…
The Coming Civil War of Climate Hysterics
The Gates memo may soon touch off a mad scramble for the cash that the donor class is still willing to contribute to climate. Source link
Fed cuts interest rate by a quarter point as government shutdown clouds economic outlook
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. “Job gains have…
GM layoffs: EV market downturn hits automaker to the tune of 1,750 job cuts
And the layoffs keep coming. General Motors joins Amazon and Paramount this week, announcing on Wednesday it will be laying off 1,750 workers in Michigan and Ohio, in response to the…
Paramount begins 2,000-person layoff amid Skydance merger fallout
Paramount is the latest company to join the bloodbath of layoffs this week. The entertainment giant began cutting around 1,000 workers on Wednesday, with twice that many pink slips…
RFK Jr. to speed up development and availability of low-cost alternatives to the costliest drugs
The Trump administration moved Wednesday to accelerate the development and availability of a broad class of low-cost, competitive drugs that promise to cut billions of dollars in U.S.…
It Sure Looks Like Kash Patel Used the FBI’s Jet to Go on a Date
One such area the president has homed in on is Portland, Oregon, a city better known for Voodoo Doughnuts and cold brew than hellish riots. Late last month, the president ordered the…
NASA’s X-59 takes off: The race to resurrect supersonic flight begins
At last, the X-59 is airborne. NASA’s quiet supersonic airplane took to the skies in Palmdale, California, successfully landing back a few minutes later. While this initial sortie on…
Senate Democrats condemn Trump for not using contingency funds for food stamps during shutdown
Senate Democrats on Wednesday called it "illegal" that the Trump administration wasn't using emergency funds to pay for food stamps during the government shutdown. Source link
WATCH: Flight delays may spread as air traffic controllers go without pay during shutdown
Air traffic controllers missed their paychecks Tuesday because of the ongoing government shutdown, and that has Transportation Secretary Sean Duffy and the head of the controllers' union…
RFK Jr. Admits He Can’t Actually Tie Tylenol to Autism
One such area the president has homed in on is Portland, Oregon, a city better known for Voodoo Doughnuts and cold brew than hellish riots. Late last month, the president ordered the…
Why Should Anyone Care What Bill Gates Thinks About Climate Change?
In the memo, Gates did pay lip service to the reality of his and other billionaires’ emissions, and noted that the poor will be disproportionately affected by climate change, but he still…
Federal Reserve votes for another quarter-percentage point cut
The Federal Reserve on Wednesday slashed interest rates for the second time in as many months, pointing to a slowdown in hiring. Source link
Trump says Toyota plans $10 billion U.S. investment—Toyota says, not exactly
Toyota was quick to pump the brakes on a claim President Donald Trump made this week regarding an alleged promise by the Japanese automaker to invest $10 billion in the U.S. “We didn’t…
Here’s why you don’t need a magic GEO hack
You may remember this, if you are old enough: In 2002, search engine optimization (SEO) transformed from a technical curiosity into a full-blown industry. All of a sudden, agencies,…
AI Agents Are Terrible Freelance Workers
Even the best artificial intelligence agents are fairly hopeless at online freelance work, according to an experiment that challenges the idea of AI replacing office workers en masse. The…