Business

TikTok’s First Followers: What Changes for a Small Consumer Brand

An empty profile raises concerns for visitors about a brand's engagement and market presence. It signals potential neglect or a lack of interest, impacting…

Mahama tasks GEXIM to establish Weta industrial hub, targets 10,000 jobs

President John Dramani Mahama has tasked the Ghana Export-Import Bank (GEXIM) to begin work on a 200-acre light industrial area at Weta in the Volta Region,

Lacson: Senate to expand budget transparency push with bicam transcripts, livestreaming

MANILA, Philippines — To expand its budget transparency efforts this year, the Senate will push not only for continuous livestreaming of bicameral conference committee proceedings on the proposed 2027 national budget but also for transcripts of the discussions, Sen. Panfilo "Ping" Lacson said Sunday. Lacson said the transcripts would help lawmakers and the public identify who initiated amendments to the budget bill, and track who pushed for realignments of its items. "In the bicam, the minutes of the proceedings should be recorded through a transcript. The budget bill is the only measure whose bicameral proceedings do not have a transcript, so we cannot trace who made what amendment. Now there should be a transcript because for the longest time, it had none," Lacson said in an interview on DZMM radio. "There should be a transcript containing the minutes so it will be clear who initiated amendments and who pushed for realignments," he added. Lacson said the Senate also plans to build on the transparency measures for the budget measure, aside from those it implemented in last year's proceedings for the 2026 budget. These included identifying senators who proposed amendments to the budget bill, and posting the proceedings on the Senate's website for the public to see. For this year's budget deliberations, Lacson said the Senate plans to invite budget advocacy groups like the People's Budget Coalition to the bicameral proceedings to better ensure transparency.

Suze Orman Once Sold Annuities. Here Are the Only Kinds She Still Likes

Suze Orman moved about $20 million a year of clients into one type of annuity, and she still defends it today. Her rules sound simple, but the tax code and a few overlooked risks decide whether they work for you.

8 ways small businesses can cut software costs, improve efficiency

Small businesses often accumulate software subscriptions, cloud storage services and communication tools as they expand their operations. While these digital tools help teams manage daily tasks, using too many overlapping applications can increase operating costs and make workflows more complicated. The post 8 ways small businesses can cut software costs, improve efficiency appeared first on Tribune Online.

Rockwell Automation (NYSE:ROK) Posts Earnings Results, Beats Estimates By $0.19 EPS

Rockwell Automation (NYSE:ROK – Get Free Report) announced its quarterly earnings results on Thursday. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.19, FiscalAI reports. Rockwell Automation had a net margin of 15.68% and a return on equity of 41.79%. The company had […]

Loar (NYSE:LOAR) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Loar (NYSE:LOAR – Get Free Report) issued its earnings results on Thursday. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06, FiscalAI reports. Loar had a net margin of 9.44% and a return on equity of 9.73%. The business had revenue of $176.17 million for the quarter, compared […]

Kronos Worldwide (NYSE:KRO) Releases Earnings Results, Beats Estimates By $0.11 EPS

Kronos Worldwide (NYSE:KRO – Get Free Report) issued its quarterly earnings results on Thursday. The specialty chemicals company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.11, FiscalAI reports. Kronos Worldwide had a negative return on equity of 5.02% and a negative net margin of 1.85%. The company had revenue […]

Middleby (NASDAQ:MIDD) Releases Quarterly Earnings Results, Beats Expectations By $0.32 EPS

Middleby (NASDAQ:MIDD – Get Free Report) released its quarterly earnings data on Thursday. The industrial products company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.32, FiscalAI reports. The company had revenue of $652.58 million for the quarter, compared to analyst estimates of $634.04 million. Middleby had a […]

Berkshire Hathaway’s Operating Earnings Fall, Buybacks Rise - Bloomberg.com

Anthropic IPO meets AI backlash after midterms show stinging rebuke of data centers - CNBC

Anthropic is poised to become the first pure-play AI company to hit the public market at a time when the public is increasingly leary of the industry.

Schools scramble after Google gives AI ultimatum - The Hill

Schools are scrambling after Google said Tuesday that education leaders need to either accept some AI in classrooms or lose access to its search engine.   School officials trying to push back on an encroaching AI are in a bind. The tech giant dominates search…

Mega Millions winning numbers as jackpot climbs to $505M for Nov. 6 - USA Today

The Mega Millions jackpot is $505 million for Friday’s drawing, with a $213.3 million cash option.

Elon Musk Staked His Empire on Texas. Now State Democrats Want to Rein Him In. - WSJ

Here’s what’s at stake for the economy if AI investment falters - The Washington Post

Investors are worried that data center building will slow. If the AI industry’s investment math no longer works, the U.S. economy could take a hit.

US believes Nvidia’s Huang had romantic relationship with alleged Chinese spy - Financial Times

American intelligence warned the tech boss was involved with executive recruited by China to gather information on US group

Crusoe sells troubled Wyoming data center project to Google - TechCrunch

The deal highlights the challenges of developing massive AI data centers.

Micron stock flashes bargain pricing signal with costly catch - TheStreet

OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation - TechCrunch

OpenAI has reportedly raised an additional $11 billion as part of a funding round that hasn't closed yet but is expected to in the coming weeks.

How data center developers are pivoting after midterm rebuke - USA Today

The midterms saw a rebuke of data centers and AI at large, but developers can't stop overnight. What will local and federal legislation look like?

Companies urged to adapt as restaurant franchisee files for bankruptcy: 'Businesses want to make excuses' - Fox Business

Marcus Lemonis urges businesses to adapt to rising costs rather than "make excuses" after an Outback Steakhouse franchisee filed for bankruptcy with $449 million in debt.

The Cybertruck’s Death Is Actually Great News for EVs - WIRED

Tesla’s massive EV is the second within the last year to get the ax, while smaller vehicles are proliferating. It could be a huge benefit for the US battery supply chain.

U.S. Stocks Mixed After Jobs Data, Muted AI Rebound - WSJ

Nvidia Stock, Other AI Names Rebound After Sell-Off - Investor's Business Daily

Nvidia and other chip stocks exposed to the AI data center buildout rebounded on Friday after a hard sell-off.

As tech swoon roils market, US inflation data on tap - Yahoo Finance

By Lewis Krauskopf NEW YORK, Nov 6 (Reuters) - Jolted investors head into next week with the US stock market on shaky ground, as deep selling in the pivotal...

Stock Market Today: Nasdaq Rallies In Tech Turnaround; Airbnb Rockets Higher - Investor's Business Daily

Stock Market Today: The Dow Jones index ended lower Friday after a strong October jobs report. Nvidia stock gained after an AI trade rout.

Tech Stock Sell-Off 'Golden Buying Opportunity,' Says Dan Ives - Investor's Business Daily

The tech stock sell-off presents a "golden buying opportunity" to purchase marquee stocks like Apple, Microsoft and Nvidia, one analyst says.

Elon Musk opens the door for a big SpaceX acquisition - MarketWatch

The rocket and satellite-internet company is looking to challenge telecom giants

California’s Great America sets official closing date for Labor Day 2027 - The Mercury News

The Santa Clara amusement park will launch its final season sometime in March; its last day will be Sept. 6, 2027, an official says.

Ex-OpenAI employee accused of spying pleads not guilty - Financial Times

Abdulrahman Alfozan, a Saudi Arabian national, was arrested last month after a bug was discovered in the AI lab’s office

Krispy Kreme Is Beating Nvidia, and That’s Not Even the Chip Giant’s Biggest Problem - Gizmodo

Democrats will not be investigating Krispy Kreme's frosting distribution.

We Energies rate hike approved, customers to pay more in 2027 and 2028 - WISN

We Energies customers will see their energy bills rise over the next two years after Wisconsin regulators approved a rate increase, though the final amount has not been determined.

Nvidia hardware worth $11.4M vanished between Oakland and Texas - Ars Technica

6 pallets of hardware vanished en route to Texas, with no arrests 2 months later.

Tubi CEO Anjali Sud, Roku Media President Charlie Collier Leaving The Fold As Fox Sets Exec Team After Roku Close - Deadline

Neither Charlie Collier, who ran Roku's ad and platform business, nor Tubi CEO Anjali Sud will have roles at Fox Corp. after its acquisition of Roku.

FAA to finally ditch floppy disks in what it calls "historic" tech upgrade - Ars Technica

FAA information display systems to be floppy-free at 435 sites by end of 2028.

ChatGPT ‘manipulated and encouraged’ a woman in her plot to poison her husband, suit alleges - NBC News

A North Carolina man sued OpenAI, alleging that ChatGPT gave his estranged wife detailed instructions on how to poison him.

Anatomy of a Selloff: Sudden Chain Reaction Rattles Wall Street - Bloomberg.com

It took around 24 hours for Wall Street’s response to the US midterm elections to turn negative. Once it did, it set in motion a chain reaction of selling that moved considerably faster.