Business
Disney Plans Several Thousand Layoffs as Managers Told to Cut Costs
Disney is preparing to cut several thousand jobs and has asked some managers to trim costs by up to 20%, according to reports by Bloomberg and CNBC.
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Gold Falls 6.49% in October as Silver Drops Below $50 on Fed Hike Bets
Gold and silver sank Friday as strong US data, rising oil and bets on a December Fed rate hike capped a second straight monthly…
US Pay Trails Inflation Again as Health Costs Squeeze Paychecks
Google’s First AI Chips in Orbit Come Online and Write a Haiku
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Texas Grand Jury Indicts ICE Officer Over SUV Strike on Fleeing Man
A Harris County grand jury charged ICE officer Mario Alberto Morales with aggravated assault. ICE calls the case a political stunt.
Trump Says Iran War Will Be ‘Wrapped Up Soon’ as Qatar Presses Deal
Qatari mediators returned to Tehran on Friday as Trump predicted a quick end to the war, while reports described US preparations for possible new…
BP Profit Hits 18-Year High of $8.46B as Iran War Lifts Refining
BP's underlying profit almost quadrupled to $8.46 billion, its highest since 2008, as the Iran war lifted refining margins and drew campaigner criticism.
Novaya Gazeta, Russia’s Leading Independent Paper, Says It Is Closing
Novaya Gazeta says it will cease operations Nov. 9 after more than 30 years, blaming pressure from Russian authorities and security services.
AI Selloff Deepens as Intel, Amazon Drag Nasdaq Futures Down 2.6%
Nasdaq 100 futures fell 2.6% Friday as Intel and Amazon deepened investor worries over AI costs, a day after Alphabet's record drop.
Euro Zone Growth Slows to 0.4% as France’s Economy Shrinks
Euro zone GDP rose 0.4% in the third quarter, beating forecasts, but France contracted 0.1% and Italy stalled as energy costs pushed up inflation.
Tech
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PHP Rushes Out Emergency Fixes for AI-Found ‘PHP2Shell’ Flaws
PHP patched two critical flaws, found with AI tools by Wiz, Calif and OpenAI, that could let attackers take over millions of websites.
Economy
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UK Debt Tops £3 Trillion as Interest Bill Hits September Record
Britain borrowed £24.5 billion in September as debt interest hit a record for the month, piling pressure on the chancellor a week before the…
World
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India’s Voter Roll Purge Strikes 130 Million Names, Fueling Protests
About 130 million names have been struck from India's voter rolls in a revision critics call the largest disenfranchisement in history. The government defends…