FAA Says 737 MAX Software Glitch Doesn't Pose Safety Issue
The problem had raised safety concerns in the airline industry, panel of regulators reviewed.
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Tesla Sales Slump in Third Quarter
Its electric-vehicle deliveries declined 2% as the broader U.S. market slowed down and the company pivoted toward robotaxis and AI.
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David Ellison Changes Name of Combined Paramount-Warner to Skydance
The new name replaces iconic brands that have dominated Hollywood for decades.
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Two Blue Owl Private Credit Funds See Redemption Requests Well Above 5%
Investors move to pull another $4.2 billion from two funds.
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Novartis to License Drug From China's Abogen in Up to $7.8 Billion Deal
Novartis struck the deal to license the messenger RNA drug candidate and gain options over future therapies.
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HPE Stock Heads for Record High After AI Infrastructure Boom Powers Big Guidance
HPE stock is on track to close Friday at a record.
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Startup TypeSafe AI's Jev Model Sparks Copycats, Talk of LLM Alternatives
A three-week-old artificial-intelligence model called Jev has set Silicon Valley circles abuzz with discussions around alternatives to large language models, and is already sparking copycats.
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Ant-Backed Fintech Mynt Valued at Around $7 Billion in Philippine IPO
The IPO is set to become one of the Philippine Stock Exchange's largest ever listings.
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Tech Companies Roll Out Cuddly Mascots to Ease AI Anxiety
Meta, OpenAI and others are associating their AI agents and tools with cute characters to win over skeptics.
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Amazon's New Push to Get Buy-In for Data Center Build-Out
The company is pledging transparency-and an extra $1 billion in community support-to woo skeptics and win "the race our nation can't afford to lose."
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Barbie-Maker Mattel Draws Takeover Interest From Authentic Brands Group
The brand-licensing giant has made an approach for the toy maker, which has been dealing with a sliding stock and now a chief-executive transition, according to people familiar with the matter.
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Volvo Car Pulls Guidance as Chinese Auto Market Worsens
Volvo Car scrapped its full-year guidance after warning that challenges in its key Chinese and U.S. markets led to lower-than-expected third-quarter sales and a weaker outlook.
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Nike Plans a Smaller Company as Sales Slide Weighs on Shares
The company said job cuts will begin next year after it lowered its sales outlook. Shares dropped 9%.
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SK Group's Chey to Sell Stake to Fund Divorce Settlement
SK Group Chairman Chey Tae-won plans to sell part of his stake in the conglomerate's holding company valued at almost $695 million to fund his divorce settlement with his ex-wife.