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Cuba loosens control of private sector in struggle with mounting humanitarian crisis7:58 Cuba has loosened restrictions on private businesses to allow imports of foreign goods and medicines, a sector firmly controlled by the Communist-led government Microsoft beats Wall Street expectations with $90B in revenue7:58 Microsoft has posted strong quarterly earnings, surpassing expectations with significant growth in its cloud computing platform and a boost in paid AI users Copenhagen’s famed Noma restaurant to reopen without founder Redzepi at helm7:58 Denmark’s iconic Noma restaurant is reopening on August 5 without its founder, René Redzepi, at the helm US markets mixed ahead of Fed decision and oil prices jump as Middle East violence flares7:58 Markets on Wall Street were mixed before the opening bell and oil prices jumped more than 4% after Jordan and the U.S. knocked down another Iranian barrage launched against American forces in the Middle East Former Golden Globes owners sue Penske Media alleging fraud in acquisition of show7:58 Members of the Hollywood Foreign Press Association have sued Penske Media and others, claiming they engaged in fraud to acquire the Golden Globe Awards China’s factory activity unexpectedly slips into contraction in July6:55 An official survey shows China's factory activity slowed in July, the first time it has contracted in in five months Oil companies are expected to reap big profits because of US-Iran conflict6:23 Analysts are expecting major oil companies to report large profits while fighting between Iran and the U.S. impeded petroleum shipments WestJet flight attendants threaten to strike during long August weekend in Canada0:31 Flight attendants at WestJet, Canada's second-largest airline, have threatened to strike over unpaid work Probe cites history of overweight flights, inadequate oversight in deadly crash0:31 Federal investigators report that a commuter plane crash off Alaska last year, which killed all 10 people on board, involved an operator with a history of overweight flights Strong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectations23:59 Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Street’s expectations thanks to strong sales of the iPhone and MacBook computers Some robotaxis approved to operate without steering wheels19:12 Federal regulators are clearing the way for robotaxis to operate without steering wheels or eventually even brake pedals Average 30-year US mortgage rate rises to highest level in a year at 6.66%19:12 The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borrowing costs US filings for jobless benefits rise to 197K, but layoffs remain historically low16:33 The number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy range of the past few years |