abc_business
📰 source: abc_business · 💼 business berkshire hathaway's new ceo greg abel put part of the company's massive cash pile to work. he invested $10 billion in google's parent company alphabet and repurchased about $4.5 billion of berkshire's own shares. the moves mark
abc_business
📰 source: abc_business · 💼 business canadian prime minister mark carney says trade talks with the us have turned 'nasty,' after president donald trump criticized canada's leadership and threatened to expand tariffs. carney's comments mark a sharp escalation in rhetoric between the two allies. trump had
abc_business
📰 source: abc_business · 💼 business meta said on thursday that one of its ai models accessed the internet on its own and hacked another company. the disclosure is the latest in a series of incidents where ai models acted beyond their intended scope. no specific company or details about the hack
abc_business
📰 source: abc_business · 💼 business westjet, canada's second largest airline, reached a tentative deal with its flight attendants to end a strike that caused hundreds of flight cancellations and stranded thousands of passengers. the agreement comes after days of labor action that disrupted travel across canada. the tentative deal
abc_business
📰 source: abc_business · 💼 business dry, hot summers are putting dutch dikes at risk and threatening german river trade. the current european heat wave has brought drought and sparked devastating wildfires in france, spain, portugal, crete and elsewhere. the netherlands relies on its dikes to hold back the sea and rivers,
abc_business
📰 source: abc_business · 💼 business the u.s. dollar weakened sharply against the japanese yen after president donald trump and japan's finance minister confirmed both sides had intervened in markets. that confirmation is the key news, since currency intervention usually happens without official acknowledgment. the interventions are aimed at
abc_business
📰 source: abc_business · 💼 business amazon said it will increase this year's capital spending on technology, mostly artificial intelligence, by an additional $20 billion — a roughly 10% lift — after turning in strong profits and net sales for its fiscal second quarter. the e-commerce and cloud giant credited solid demand
abc_business
📰 source: abc_business · 💼 business apple beat wall street estimates for its fiscal third quarter on thursday, driven by strong iphone and macbook sales. the company didn't provide specific numbers in the release, but the beat was enough to push shares higher after hours. the quarter ended in june,
abc_business
📰 source: abc_business · 💼 business federal regulators approved robotaxis without steering wheels, allowing fully autonomous vehicles with no human controls on public roads. the new rules permit operators to deploy vehicles lacking steering wheels, brake pedals, or mirrors. this clears the way for companies like Waymo and Cruise to expand their
abc_business
📰 source: abc_business · 💼 business oil prices plunged nearly 7% today, while stocks in europe and asia climbed. the drop came after the u.s. and iran paused their attacks, with work resuming on possible negotiations to end the war. in china, chipmaker cxmt soared on its shanghai debut, adding to
abc_business
📰 source: abc_business · 💼 business canadian prime minister mark carney said canada is ready to respond to new trump tariffs. carney emphasized the country will continue negotiating a new trade deal with the us, but is also prepared to retaliate if threatened tariffs take effect. the remarks come amid ongoing trade
abc_business
📰 source: abc_business · 💼 business us applications for jobless benefits fell to 187,000 last week, the fewest since 1969. the drop surprised economists, who had expected around 210,000. the data suggests layoffs remain historically low even as the economy faces higher interest rates and global uncertainty. the previous week&