Boeing withdrew a contract offer for 33,000 machinists who have been on strike since mid-September, and said further negotiations “do not make sense at this point.” The machinists walked off the job on Sept. 13 after overwhelmingly rejecting a tentative labor deal, halting production of most of Boeing’s aircraft, which are…
TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and financial regulators for failing to monitor money laundering by drug traffickers and other criminals. As part of the deal, TD Bank, whose U.S. unit is…
As Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price gouging and collusion that accompanies major natural disasters. “Wrongdoers are looking to exploit opportunities and victims of natural disasters for their own personal gain,” U.S. Attorney Ronald…
DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it rethinks its EV and battery operations. The Detroit automaker confirmed the switch Tuesday ahead of an investor event. Executives used the day to discuss lowering battery costs…
AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an event announcing the new product. If AMD’s AI…
A pilot who died when he crashed a helicopter into a hotel in Australia had “significant blood alcohol content” during the unauthorized flight, according to an official report into the incident. Hundreds of guests and staff were evacuated from the DoubleTree by Hilton Hotel in Cairns in Far North Queensland…
In this video from StockCharts TV, Julius presents a few conflicting rotations and signals that continue to warrant caution while the S&P 500 keeps hovering just above support. With the negative divergences between price and MACD/RSI remaining intact, SPY should not break 565. Julius looks at rotations in asset classes,…
Cyclone Metals Limited (ASX: CLE) (Cyclone or the Company) is pleased to announce that Iron Bear completes pilot pellet production run. HIGHLIGHTS Iron Bear Direct Reduction (DR) pellets achieve world class specifications, grading 67.5% Fe, 1.6% SiO2, 0.12% MgO, 0.65% CaO and ultra-low deleterious elementsIron Bear DR Pellets have excellent…
CleanTech Lithium PLC (‘CTL’, ‘CleanTech Lithium’ or the ‘Company’), an exploration and development company advancing lithium projects in Chile for the clean energy transition, is pleased to announce the results of the Placing announced on 8 October 2024, which was oversubscribed and scaled back. Results of the Placing The Placing…
ISIS and al Qaeda present a “resurgent” threat to the United Kingdom, the head of the country’s domestic security service warned in a rare public intervention on Tuesday, as he outlined a changing landscape of terrorism that is increasingly relying on children and the internet. More than a third of…