Discover the latest trending topics, viral news, and popular updates from around the world.
WASHINGTON — As the government shutdown enters its fourth day with no deal in sight, budget experts warn that two upcoming pay dates October 10 for federal employees and October 15 for US service members could become turning points in negotiations, pressuring lawmakers to reach an agreement before the financial strain spreads across essential services. … Read more
The S&P 500 edged slightly higher Friday, retreating from record territory but capping a strong week as investors looked past the third day of a US government shutdown and weighed a murky economic outlook clouded by missing labor data. The benchmark index closed nearly flat, up 0.01% at 6,715.79, while the Nasdaq Composite slipped 0.28% … Read more
WASHINGTON — As the federal government enters another shutdown, one name has emerged at the center of the administration’s response Russ Vought. The director of the White House Office of Management and Budget, a longtime policy strategist and ally of former President Donald Trump, is playing an outsized role in determining how the shutdown unfolds … Read more
OMAHA, Neb. — Warren Buffett’s Berkshire Hathaway announced Thursday it reached an agreement to purchase Occidental Petroleum’s petrochemical division, OxyChem, for $9.7 billion in cash marking the conglomerate’s largest acquisition since 2022 and one of Buffett’s final major deals before stepping down as CEO. The transaction reflects Berkshire’s confidence in the industrial and chemical sectors … Read more
SAN FRANCISCO — DoorDash is expanding its services beyond traditional food delivery, introducing restaurant reservations and autonomous robot deliveries in select US markets as it looks to stay ahead in the competitive on demand delivery industry. The San Francisco based company announced Tuesday it will roll out a new Going Out tab for restaurant reservations … Read more
LOS ANGELES — Jane Goodall, the world renowned British primatologist whose groundbreaking research on chimpanzees in East Africa reshaped the understanding of animal behavior and evolution, died Wednesday in Los Angeles. She was 91. Her death was confirmed by the Jane Goodall Institute, which said she passed away while on a speaking tour. Goodall spent … Read more
WASHINGTON — The US government entered a full fledged funding crisis on Wednesday, forcing widespread shutdowns across federal agencies after Congress and the White House failed to strike a budget deal. The stalemate, rooted in entrenched partisan divisions, marks the 15th such disruption since 1981 and leaves hundreds of thousands of employees without pay. Officials … Read more
BEAVERTON, Ore. — Nike Inc. reported Tuesday that its quarterly profit dropped 31 percent despite a modest increase in revenue, as the sportswear giant continues to navigate rising costs and execute a broad turnaround strategy under its relatively new leadership. The footwear and apparel company said net income for the quarter ended Aug. 31 fell … Read more
SAN FRANCISCO — OpenAI on Tuesday unveiled Sora 2, the latest version of its artificial intelligence model for generating video and audio, alongside a new mobile app that allows users to create and share AI generated clips featuring “cameos” of themselves and others. Introduced during a livestreamed event, Sora 2 builds on the company’s earlier … Read more
QUANTICO, Virginia — US Defence Secretary Pete Hegseth on Tuesday told senior military leaders that the US armed forces would uphold a warrior ethos by enforcing uniform, high physical standards, acknowledging that some women may not meet the requirements. Standards must be uniform, gender neutral, and high, Hegseth said during an address to hundreds of … Read more