TSMC posted a third quarter profit of NT$211 billion – its largest profit decline since first quarter 2019 – as weak demand for consumer electronics persists.
Nokia to cut up to 14,000 jobs after 69% profit plunge
Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
Wind-powered cargo ships with sail-like ‘wings’ could reduce fuel use by 30%
The Pyxis Ocean, a bulk carrier that looks like any other dry cargo vessel, but with a difference: it is fitted with two large, rigid sails known as WindWings.
‘Deep and dangerous abyss’: UN envoy warns Middle East is on the brink
The Israel-Hamas conflict is pushing the Middle East region onto the precipice of a “dangerous abyss,” said a United Nations official.
He visited every country in the world — without flying. Here’s how much it cost
Danish traveler Torbjorn Pedersen says he’s the first person to travel to every country around the world without flying, a feat which took him 10 years.
Honda, GM, Cruise plan to begin Japan driverless ride service in early 2026
The three companies aim to establish the joint venture in first half of 2024 pending regulatory approval, and begin driverless ride service in Japan in 2026.
Hardball tactics by Jim Jordan allies are backfiring with detractors in House speaker’s race
Several GOP lawmakers, and one member’s spouse, reported a barrage of calls and messages pushing them to back Jordan, R-Ohio, in his struggling candidacy.
A rate cut will be bad news for stocks, JPMorgan warns — and outlines where to invest
A JPMorgan Asset Management strategist believes the market’s expectations for an interest rate cut next year contradicts analysts forecast for earnings growth.
ESG is ‘as crowded as ever,’ AllianceBernstein says, naming ‘high conviction’ stock ideas to play it
The firm’s analysts gave one of those stocks upside of around 57%.
Piper Sandler names its ‘highest conviction’ large-cap stock to own into the year-end
The financial services company gave the stock roughly 20% potential upside from Monday’s close.
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