President Donald Trump used to refer to Jeff Bezos as “Jeff Bozo.” Now, after more drama between the two men, Trump is calling the Amazon founder a “good guy.” Amazon’s earnings report, scheduled for Thursday, already had investors on edge due to the president’s sweeping tariffs and the potential impact they’ll have across the tech giant’s numerous businesses. With its stock price down 17% this ...
McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain to be affected by America’s turbulent economic environment. The burger giant reported U.S. same-store sales fell 3.6%, the largest three-month drop since Q2 2020, when they plunged 8.7%. Forecasts had been for a decline of just 1.7%. ‘Consumers ...
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk. The report, citing comments from sources familiar with the discussions, said that Tesla’s board members reached out to several executive search firms to work on a formal process for finding the ...
Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative upstart movie studio Amazon promised to spend around $1 billion each year on theatrical releases, a figure that would fund between 12 and 15 films annually. Today, it appears ready to deliver. Earlier this month, the company, which operates the streaming platform Prime ...
The body of a young Ukrainian woman who died in Russian captivity after being held incommunicado for months was returned to Ukraine showing signs of torture, Ukrainian prosecutors have said. Kyiv said the remains of journalist Victoria Roshchyna, who went missing during a reporting trip, were returned as part of a body exchange between Ukraine and Russia in February. Yuriy ...
Wildfires raging near Jerusalem forced evacuations in several areas and led to several major road closures on Wednesday, as firefighters struggle to contain the flames amid dry conditions and high winds. Israel is seeking international assistance to fight the fires, as the defense minister says the country is “in a time of national emergency.” The fire forced authorities to close ...
The man vying to become Australia’s next prime minister has spent weeks trying to distance himself from comparisons to US President Donald Trump. “I’m my own person,” opposition Liberal Party leader Peter Dutton insisted, when asked for his thoughts on “Temu Trump,” the label given to him by critics referring to the Chinese website with a reputation for cheap copies. ...
The world’s smallest elephants are still big. Measuring around nine feet (2.7 meters) tall, Bornean elephants are the smallest subspecies of the Asian elephant, and are two feet (60 centimeters) shorter than their African counterparts. Found only on the island of Borneo, mostly in the Malaysian state of Sabah, there are fewer than 1,000 Bornean elephants left in the wild, ...
Britain’s King Charles opened up about his cancer diagnosis on Wednesday, saying it can be a “daunting” and “at times frightening” experience for those living with the illness. In a message shared at a reception in Buckingham Palace for cancer support charities, Charles said despite the fears that cancer can bring, it can illuminate the best of humanity. “As one ...
Syria strongly condemned foreign intervention in the country following a rare Israeli strike near Damascus on Wednesday amid deadly sectarian violence. Syria said the Israeli strike killed at least one security officer and injured several other people. Earlier on Wednesday Israel’s military said it had carried out a strike on the outskirts of the Syrian capital saying it was targeting ...