Amazon's stock skyrocketed over 10% after reporting impressive Q3 earnings, surpassing analyst expectations with a 33% increase in adjusted earnings per share and a 20% growth in AWS sales. CEO Andy Jassy highlights strong momentum driven by AI.
In a surprising move, the Federal Reserve has cut its key interest rate for the second time this year, aiming to boost economic growth and hiring amid ongoing inflation concerns. Fed Chair Jerome Powell warns that future cuts aren't guaranteed as the government shutdown complicates economic reporting.
HSBC has exceeded Q3 profit expectations with a net income of $7.3 billion despite rising operating expenses. The bank's wealth division saw remarkable growth, indicating a strong recovery. Learn more about HSBC's financial strategies and future outlook.
ExxonMobil has filed a lawsuit against California's controversial emissions reporting laws, claiming they violate its free speech rights. The company argues the laws unfairly target it as a major polluter and require misleading disclosures.
In a shocking turn of events, 'Real Housewives of Potomac' star Wendy Osefo and her husband Eddie were arrested for allegedly fabricating a burglary report, facing multiple charges. The couple claims they are innocent and seeks privacy as they navigate the legal process.
In a stunning turn of events, Dr. Wendy Osefo and her husband Edward have been arrested for allegedly filing a false burglary report. Facing multiple felony and misdemeanor charges, their reality TV lives take a shocking twist!
Discover the inspiring journey of Kathryn Watson, a prominent politics reporter for CBS News Digital, as she covers the latest in Washington D.C. and beyond.
Waze has officially launched its much-anticipated 'Conversational Reporting' feature, allowing users to report road hazards using natural voice commands. This innovative AI-based system simplifies hazard reporting, making it easier than ever to keep fellow drivers informed. However, some users have reported persistent pop-ups and playback issues. Find out how this feature is enhancing the Waze experience!
Constellation Brands outperformed expectations in its fiscal Q2 earnings, reporting adjusted earnings of $3.63 per share. However, the company faced challenges with a drop in net sales and reiterated lowered full-year guidance due to macroeconomic issues.
Paramount has acquired The Free Press and appointed its founder, Bari Weiss, as the new editor-in-chief of CBS News. This bold move aims to usher in balanced journalism amidst concerns of media bias. Weiss, known for her resistance to 'woke' culture, is set to reshape CBS News' editorial priorities while addressing staff concerns about political leanings.
