U.S. stocks had their worst day since 2022 on Wednesday amid a broad pullback in tech companies as Wall Street traders sought to reduce their exposure to firms that have made big bets on artificial intelligence. The tech-heavy Nasdaq index closed down 3.6%, while the broader S&P 500 index closed down 2.3% — both their worst performances in more than ...
Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking an industry slowdown. Shares of the company rose after the closing bell. As of Wednesday’s close, Chipotle’s stock had slid 17% this month, hurt by investor concerns about the health of the restaurant industry. In late June, the ...
Economic activity in the U.S. was considerably stronger than expected during the second quarter, according to an initial estimate Thursday from the Commerce Department. Real gross domestic product, a measure of all the goods and services produced during the April-through-June period, increased at a 2.8% annualized pace adjusted for seasonality and inflation. Economists surveyed by Dow Jones had been looking for ...
The National Basketball Association has rebuffed longtime media partner Warner Bros. Discovery’s bid to keep airing games after next season. The NBA told the media company it doesn’t believe it holds legal matching rights for the league’s new media deal. It instead plans to move ahead with Amazon as its third partner, along with ESPN and NBCUniversal, in its 11-year deal worth about ...
It’s been well over a decade since millions of Syrians flooded into Turkey en masse, seeking refuge from the civil war at home. But today, there are increasing signs the refugees may have worn out their welcome. This month, anti-Syrian riots took place in several cities across the country. In the capital Ankara, opposition parties are calling for mass deportations, ...
Alyoshina said she is now “ashamed” of posts she made earlier this year announcing the move. “I wrote and said this out of fear because gender reassignment and the non-existent LGBTQ+ movement are prohibited in the Russian Federation,” she said, adding: “I was born a woman in a man’s body.” Then, in May, Alyoshina changed her Telegram channel back to her pre-transition name and uploaded a ...
At least 15 people have died and more than 195 are missing after a boat carrying migrants capsized near Mauritania’s capital Nouakchott, the International Organization for Migration (IOM) said Wednesday. The Mauritanian coastguard has rescued 120 people since the boat capsized Monday, including unaccompanied and separated children, according to IOM. “We are deeply saddened by the death of 15 migrants ...
Ten migrants drowned in a flooded river near Panama’s coastal community of Carreto while crossing the Darién Gap, Panama’s National Border Service (Senafront) said Wednesday. Senafront did not specify the nationalities of the migrants or when they drowned. The agency said the case is still under investigation but suspects that transnational organized criminals and local collaborators led the migrants through ...
Nearly two-thirds of ISIS-linked arrests in Europe in the last nine months have been of teenagers, according to a landmark academic study, as concern grows among European security officials ahead of the Paris Olympics of the growing potency and reach in the West of the Islamist militant group and its affiliate ISIS-K. The apparent uptick in the recruitment of young ...
One person was killed and three others were injured at Cambodia’s famed centuries-old Angkor temple complex when a large tree was blown down onto their vehicle during a fierce rainstorm, the government said Wednesday. The accident occurred late Tuesday afternoon at the southern gate to Angkor Thom, which is near the more famous Angkor Wat temple and part of the same archaeological ...