Louis DeJoy, the head of the US Postal Service, intends to step down, the federal agency said Tuesday, after a nearly five-year tenure marked by the coronavirus pandemic, […]
Uncategorized
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Technology
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Elon Musk’s xAI Launches Grok 3 Model It Claims Outperformed Rivals in Blind Tests
Elon Musk’s xAI launched Grok 3, the latest version of its AI model, which the company said outperformed rivals in blind tests. The latest model is “an order […]
Banks
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HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts’ estimates, as the bank’s net interest income declined by $3.1 billion from […]
Markets
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S&P 500 ekes out all-time closing high as Fed minutes eyed
NEW YORK, Feb 18 (Reuters) – The S&P 500 squeaked past its previous record closing high on Tuesday at the top of a holiday-shortened week, with earnings season […]
Economy
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Argentina’s President Javier Milei faces probe over cryptocurrency crash
A judge in Argentina will investigate President Javier Milei’s role in promoting a cryptocurrency that crashed, marking the biggest crisis of his presidency to date. Opposition lawmakers also […]
Economy
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Donald Trump considers 25% tariff on imported cars
Then Skr739 per month. Complete digital access to quality FT journalism. Cancel anytime during your trial. Get Premium & FT Weekend Print edition for the price of Premium. […]
NewsLetter
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Dramatic video shows moment Delta plane flipped after landing in Toronto
New, dramatic video captures the moment Delta Flight 4819 caught fire and rolled over upon landing at Toronto Pearson International Airport on Monday afternoon. The footage, which has […]
Banks
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Southwest Layoffs Will Take 15% of Its Work Force
Southwest Airlines is set to lay off 15% of its corporate staff as part of a cost-cutting effort. This move, which includes senior leadership, marks the first mass […]
Technology
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Elon Musk’s xAI Launches Grok 3 Model It Claims Outperformed Rivals in Blind Tests
Elon Musk’s xAI has launched Grok 3, the latest version of its AI model, which the company claims outperformed rivals in blind tests. According to Musk, the new […]
Real Estate
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Home builders just got a reality check — and it’s not good news for home buyers
U.S. homebuilders are raising concerns over tariffs, leading to a drop in sentiment to a five-month low. The National Association of Home Builders (NAHB) reported that builder confidence […]