(Reuters) -SpaceX on Sunday launched its fifth Starship test flight from Texas and returned the rocket’s towering first stage booster back to land for the first time, achieving a novel recovery method involving large metal arms. The rocket’s Super Heavy first stage booster lifted off at 7:25 a.m. CT (1225 GMT) from SpaceX’s Boca Chica,…
(Reuters) – A federal watchdog on Friday criticized the Federal Aviation Administration’s oversight of Boeing airplane production, saying it does not have an effective system to oversee the planemaker’s individual manufacturing facilities. The Transportation Department’s Office of Inspector General said in a report the FAA’s current audit processes “are not comprehensive enough to adequately identify…
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase’s third-quarter profit beat expectations as strong investment banking performance and rising interest payments offset a hit from bigger loan loss provisions, sending its shares up before the market open. The prospect of monetary easing by the Federal Reserve has spurred a rally in equities during the…
WASHINGTON (Reuters) – Donald Trump said on Friday that if he wins the Nov. 5 U.S. presidential election, he will allow the cost of home generators purchased in states hit by natural disasters between September 1, 2024, and August 31, 2025, to be tax deductible. “We are going to allow you, retroactive to September 1st,…
(Reuters) -Amazon said on Wednesday that Apple TV+ will become available on Prime Video later this month in the U.S. for $9.99 per month, in a boost for the iPhone maker which has lagged behind streaming rivals Netflix, Disney+ and Prime Video itself. The Apple TV+ streaming service, known for its original series like Ted…
By Brad Brooks and Leonara LaPeter Anton ST. PETERSBURG, Florida (Reuters) – Hurricane Milton marched across Florida on Thursday, whipping up deadly tornadoes, destroying homes and knocking out power to more than 3 million customers, but the Tampa Bay metropolitan area appeared to have escaped without the catastrophic flooding that had been feared. Authorities were…
By Norihiko Shirouzu and Chris Kirkham (Reuters) – Tesla aims to stun investors Thursday night with its long-awaited “robotaxi unveil,” a potential milestone after a decade of Elon Musk’s unfulfilled promises to deliver self-driving vehicles. The automaker is widely expected to showcase a prototype called the “Cybercab” rather than a road-ready driverless taxi. Convincing regulators…
By Samia Nakhoul, Parisa Hafezi and Pesha Magid DUBAI (Reuters) – Gulf states are lobbying Washington to stop Israel from attacking Iran’s oil sites because they are concerned their own oil facilities could come under fire from Tehran’s proxies if the conflict escalates, three Gulf sources told Reuters. As part of their attempts to avoid…
(Reuters) – Starboard Value has asked Pfizer to set up a special committee to investigate allegations that two of its former senior executives were forced to publicly declare support for CEO Albert Bourla, the hedge fund said on Thursday. Former Pfizer CEO Ian Read and ex-CFO Frank D’Amelio, who were reportedly helping the activist investor…
(Reuters) – Meta Platforms said on Wednesday its artificial intelligence chatbot, Meta AI, will be available in 21 new markets, as it looks to compete with OpenAI’s ChatGPT. Technology companies have been trying to attract consumers to their AI chatbots by introducing new features and making them more accessible with support for different languages. Meta…
