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Alex Jones asks judge to halt sale of Infowars site to The Onion

Jones called The Onion's winning $1.75 million bid "sheer nonsense."

Latest Business

The Fed preps another rate cut, amid cloudy post-election outlook

A quarter-percentage-point cut is anticipated as inflation continues to cool, following a jumbo-size September reduction.

Meta’s Profit Rises 35%, Even as Spending Spree Continues

The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.

China's BYD overtakes Tesla revenue for first time

The electric vehicle giant saw its revenues jump 24% as government subsidies boost China's car industry.

Reddit shares soar 40% as it turns its first profit

Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay off

Starbucks Tells Workers to Return to the Office or Risk Getting Fired

The coffee chain has expected office employees to come in three days a week. Now it is tightening enforcement

Former Abercrombie CEO Mike Jeffries Is Arrested in Sex-Trafficking Case

Jeffries is expected to be charged with operating a sex-trafficking ring, according to people familiar with the matter.

Boeing to cut 17,000 jobs and delay 777X jet as revenues fall short

CEO Kelly Ortberg says third-quarter results will ‘recognise impacts’ of machinists’ strike

 

Crisis-hit Boeing to fire 17,000 employees

About 10% of the plane maker’s staff are expected to lose their jobs

OpenAI Nearly Doubles Valuation to $157 Billion

The startup behind ChatGPT raised $6.6 billion from backers including Microsoft and Thrive Capital in a funding round.

DirecTV Agrees to Merge With Satellite Rival Dish

The pair of deals lets private-equity firm TPG buy AT&T’s remaining stake in DirecTV and absorb rival Dish.

'Imploding': China's $60 trillion disaster

China is in financial turmoil as its lucrative property market implodes – and the consequences for Australia will be inescapable.

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