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LeBron James backs Kamala Harris by invoking Trump's rhetoric on race

James' endorsement with five days until the election comes as Trump has tried to cut into Democrats' historic advantage with minorities

Amazon's belt-tightening produces strong cloud, e-commerce results

The Amazon Web Services cloud division, which suffered record low sales growth last year, continued to regain momentum during the third quarter

Boeing union endorses latest offer to end crippling workers' strike

The union plans to hold a vote on the proposal on November 4

Microsoft Cloud, Office software boost revenue growth beyond projections

Sales in the first quarter, which ended Sept 30, increased 16% to $65.6 billion

US imposes sanctions on suppliers supporting Russia's war efforts

The sanctions also targeted more than two dozen Hong Kong-based entities for shipping components and microelectronics for use in Russia's defense industry

Strong US economy in 2024: Will election uncertainty derail growth?

Former President Donald Trump has been campaigning for another presidency on the premise that he will dramatically rethink the way the global economy works

US jobless claims fall to five-month low as impact of two storms fades

Initial claims decreased by 12,000 to 216,000 in the week ended Oct. 26. The median forecast in a Bloomberg survey of economists called for 230,000 applications

Uber shares slump on muted bookings amid holidays in core US rides business

Despite setting a record, the firm struggled with currency exchange headwinds, which weighed on its rideshare business

Vaunted consumption story in fastest-growing major economy cracking: Report

Urban demand growth has been trending down for five quarters, data from market research firm Kantar Worldpanel shows. And the sense of unease around this is spreading

Apple, Amazon take spotlight in mixed week for earnings of big tech firms

Strong reports from Apple and Amazon.com could cement the narrative that the megacap tech group remains Wall Street's most reliable trade

Foreign investors set to sell Indian bonds for first time in six months

Overseas investors sold Rs 2,800 crore ($333 million) of the so-called Fully Accessible Route bonds in October, according to Clearing Corporation of India Ltd. data.

Regulatory tweak fuels 70,000-fold rally in Eclid Investments' stock

The Mumbai-based company was part of a special price discovery exercise conducted by the stock exchange on Monday

Hyundai Motors unveils new hydrogen car in bet on clean fuel's future

The vehicle can also be connected to a household's electricity supply to act as a backup source of power, the company said

US spots first H5N1 bird flu case in a pig, raising concern for humans

The infection was confirmed in a pig kept on a backyard farm in Crook County, Oregon, the US Department of Agriculture said Wednesday

Donald Trump's threat to Biden's industrial policy hangs over Asian firms

The former President has criticised the Inflation Reduction Act as a scam and the CHIPS and Science Act as a bad deal

Here's why AI's $1.3 trillion future increasingly hinges on Taiwan

Taiwan is small, and Taipei is small, and in that small area everything moves super fast, the 35-year-old Harvard graduate said after one of his trips to secure production

Meta CEO Zuckerberg warns of worsening AI losses after sales narrowly beat

Zuckerberg warned investors Wednesday that Meta will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses

Samsung's profit rises beating estimates after broader biz offsets AI gloom

Samsung has lost about a quarter of its value this year, as the once-dominant memory chipmaker struggled to get its latest chips certified by Nvidia Corp. for use in AI accelerators

From Reliance to Unilever, firms worried about low consumer demand in India

At least 7 of India's largest companies, including RIL's retail arm and consumer bellwether Hindustan Unilever Ltd., have flagged softer consumption demand and a challenging operating environment

Here's why South should worry about bringing more people, not more babies

Thankfully, neither Stalin nor Naidu is proposing regressive policies in order to push the birth rate back up. What the two leaders should do is think more closely about why exactly they're so worried