GM, Honda scrap plans to co-develop 'affordable' sub-$30,000 EVs
The cancellation by GM and Honda is the latest in a growing number of decisions by automakers to scale back or scrap previously announced EV plans.
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European Central Bank holds interest rates steady after 10 consecutive hikes
The ECB ended its record run of rate hikes despite new upside risks to inflation.
Ford, UAW reach tentative deal to end labor strikes
UAW and Ford have reached a tentative agreement that could end a nearly six-week strike at the automaker, the union announced Wednesday night.
Pfizer's combination Covid, flu vaccine will move to final-stage trial after positive data
Pfizer, Moderna and Novavax believe combination shots will simplify the process for people to protect themselves against Covid and the flu.
Trump storms out of fraud trial after judge clashes with his attorneys, fines him $10,000 for violating gag order
Donald Trump stormed out of the trial after a judge, who had just fined him $10,000 for violating his gag order, rejected a bid for a verdict in Trump's favor.
Mike Johnson elected House speaker, putting Louisiana Republican in the spotlight
All 220 Republicans who cast a ballot voted for Johnson, despite his being the fourth nominee tapped by the fractious conference in two weeks.
Boeing cuts 737 Max delivery forecast as production issues dent third-quarter results
Boeing also posted a wider-than-expected loss for the third quarter.
Meta's ad rebound gets huge assist from China even though its services are banned there
Meta finance chief Susan Li told analysts on Wednesday that Chinese companies played a major role in the third quarter in driving revenue growth
Meta beats on top and bottom lines as digital ad recovery pushes revenue up 23%
Meta reported better-than-expected third-quarter results on Wednesday, but finance chief Susan Li offered cautionary comments about the ad market
More convenient form of breakthrough Alzheimer's drug Leqembi shows promising results in study
Eisai and Biogen said in a release that they plan to apply for U.S. approval of subcutaneous Leqembi by the end of March.
Meta widens revenue guidance range because of Middle East unpredictability
Meta finance chief Susan Li told analysts on the company's earnings call that volatility in the Middle East is creating some revenue uncertainty
IBM software sales up 8% as the company beats on top and bottom lines
IBM reiterated its revenue and profit forecast for the full year, having completed its acquisition of cloud cost management software maker Apptio in August.
The economy probably showed gangbuster growth in the third quarter. But will it last?
Gross domestic product, or the sum of all goods and services produced in the U.S. economy, is expected to post a 4.7% annualized gain for the third quarter.
Rocket Lab expects to resume Electron launches before year-end after September failure
Rocket Lab is in the final stages of closing an investigation into its most recent Electron launch, which failed midflight in September.
Meta’s Reality Labs loses $3.7 billion in third quarter as Zuckerberg's big bet keeps bleeding cash
Mark Zuckerberg's bet on the metaverse has so far been a money-burning endeavor, and the losses keep mounting
Amazon's focus on speed, surveillance drives higher warehouse worker injuries, study finds
Amazon warehouse workers are suffering physical injuries and mental stress on the job due to Amazon's focus on speed and pervasive surveillance, per a study.
Apple will reportedly release a bunch of new AirPods next year
Apple plans to release new versions of its entry-level AirPods and its $549 AirPods Max headphones next year, according to a report from Bloomberg.
House votes on Mike Johnson for speaker, fourth Republican nominee
Johnson won the nomination Tuesday with the support of 128 Republicans, far short of the 217 GOP votes he needs to win the speakership on the House floor.
ACLU says Trump gag order in DC election interference case violates First Amendment
The ACLU, a frequent critic of Trump, said that the gag order in special counsel Jack Smith's election interference case runs afoul of the First Amendment.
RSV vaccine from GSK shows potential to protect adults 50 to 59
The results suggest that GSK's shot could help protect a wider population from RSV, which causes thousands of hospitalizations and deaths each year.
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