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Southern California Edison equipment blamed for deadly 2025 Eaton Fire in Los Angeles0:11 Los Angeles fire officials say the deadly 2025 Eaton fire was caused by Southern California Edison equipment McDonald's posts strong second quarter profit, names new chief of US operations0:11 McDonald’s posted a strong profit in its second quarter and named a new head of the US market as sales in the U.S. continue to be impacted by Americans’ cautious spending Japan's Toyota reports hefty profit on cheap yen and solid car sales0:11 Toyota is reporting a nearly doubling of profit for the fiscal first quarter as solid demand in the U.S. and India combined with a favorable exchange rate to boost results Trump administration to buy back company's offshore wind leases off 3 states19:53 An offshore wind company says it's reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and Louisiana SpaceX shares rise even as company insiders get chance to sell for the first time19:53 Stock in Elon Musk’s space company is rising Thursday even as many SpaceX insiders were freed up to sell for the first time Kellogg says it's removing artificial dyes from cereals by the end of this year18:48 WK Kellogg said Thursday that it will remove artificial colors from all its cereals by the end of this year Mortgage rates rise for 5th straight week, hitting levels not seen since 202518:48 The average long-term U.S. mortgage rate rose for a fifth consecutive week to its highest level in just over a year, marking the latest strain for prospective homebuyers who are facing steep borrowing costs Romania rushes to sink 4 barges in the Danube to keep a nuclear power plant's second reactor running17:44 Romania is racing to sink four barges into the Danube River to redirect water toward a nuclear power plant In a post-pandemic world, job candidates feel caught between suits and hoodies17:12 Virtual interviews and casual work environments are making it harder for job candidates to know what to wear to interviews US filings for jobless benefits rise to 199K, but layoffs remain historically low16:08 The number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy range of the past few years One Tech Tip: Using your smartphone to capture the August total solar eclipse over Europe14:30 A rare total solar eclipse is set to sweep over parts of Europe next week, drawing millions of enthusiasts Japanese game company Nintendo reports a jump in profit on the popularity of its Switch 213:58 Nintendo's first-quarter profit surged 53.5%, driven by the success of the Super Mario movie and strong demand for the Switch 2 console World shares are mixed and Kospi falls 4.6% after tech giants decline on Wall Street13:58 World shares are mixed and South Korea's Kospi dropped more than 4% following declines for some Big Tech giants on Wall Street South Korean police raid local Starbucks HQ over controversial marketing campaign8:39 South Korean police say they’ve raided the headquarters of Starbucks’ local operation as part of an investigation into a marketing campaign perceived as defaming 1980s' pro-democracy movements US suspends avocado inspections in Mexican state of Michoacan due to threat4:56 The United States says it has suspended all government operations in the Mexican state of Michoacan because of a “threat to U_S_ interests." |