$7 billion
Arizona: $7B Development Project ‘City Within A City’ Enters Preparation Stage
A new $7 billion development project called a “city within a city” is entering the planning stages in Phoenix, Arizona.
AI
Apple Set for Biggest Revenue Jump in Two Years on IPhone Demand in China
Apple is expected to report its biggest quarterly revenue jump in two years, with iPhone demand faring better than recent years toward the end of the company’s annual release cycle
ABC News
Joe Rogan Turns Down Harris Podcast Interview Over Campaign’s Demands
The most popular podcaster in the world claimed he turned down an interview with Vice President Kamala Harris after her campaign made several demands, but insisted he hopes it can still happen.
AT&T
AT&T announces $1 bln fiber deal with Corning
AT&T said it had struck a $1 billion multi-year deal with Corning, as the U.S. telecom giant looks to expand its high-speed internet services.
ALPHV
Hack at UnitedHealth’s tech unit impacted 100 mln people, US health dept says
The number of impacted people was posted on a list of data breaches maintained by the U.S. Department of Health & Human Services’ office for civil rights.
AI
Tesla promises paid robotaxis next year, but significant hurdles remain
Tesla CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hailing services to the public in California and Texas next year.
adjusted profit
Tesla Shares Soar After Company Announces Better-Than-Expected Profit Of $2B
Elon Musk’s company Tesla said on Wednesday that it expects to achieve slight growth in vehicle deliveries this year and reported a higher-than-expected profit margin for the third quarter, sending shares up 5% after hours.
Apple
US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures
Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business.
3M
Wall Street tumbles as yields jump; Verizon slides
U.S. stock indexes sagged on Tuesday as rising Treasury yields impacted rate-sensitive sectors, while investors evaluated earnings to assess the health of American companies.
Amazon
Amazon sets ultra-low pricing plans for Temu rival store, The Information reports
Amazon.com is imposing severe price caps on what merchants can charge for their products on a new low-cost storefront that the e-commerce giant is preparing to launch.