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Cuba loosens control of private sector in struggle with mounting humanitarian crisis13:19 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 revenue13:19 Microsoft has posted strong quarterly earnings, surpassing expectations with significant growth in its cloud computing platform and a boost in paid AI users Starbucks reports strong quarterly sales and raises annual outlook13:19 Starbucks shares have soared after the coffee giant reported better-than-expected quarterly revenue and profit Meta shares drop as Q2 profit declines due to legal expenses and severance costs13:19 Meta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its results Copenhagen’s famed Noma restaurant to reopen without founder Redzepi at helm13:19 Denmark’s iconic Noma restaurant is reopening on August 5 without its founder, René Redzepi, at the helm Wisconsin's appeals court overturns ruling that had restored collective bargaining power13:19 Wisconsin public worker and teachers unions have suffered a legal setback as they seek to regain the collective bargaining rights they lost 15 years ago US markets mixed ahead of Fed decision and oil prices jump as Middle East violence flares13:19 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 South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks8:30 South Korea’s Kospi index has jumped more than 16% as artificial intelligence-related stocks bounced back after losses earlier this week South Korea’s Kospi index jumps more than 13%, tracking Wall Street gains, on a surge of chipmaking stocks8:30 South Korea’s Kospi index jumps more than 13%, tracking Wall Street gains, on a surge of chipmaking stocks Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results8:30 Amazon said it will be increasing this year’s capital spending on technology, mostly artificial intelligence, by an additional 10% after the tech and e-commerce giant delivered strong profits and net sales during for fiscal second quarter, helped by su... 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 |