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20198 articles published since 08 Mar 2022

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Apple narrowly beats estimates with boost from iPhone sales
Apple narrowly beats estimates with boost from iPhone sales
Economy

Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales. This sent shares of Apple, the world's most valuable traded company, down two percent in extended trading after the results were posted.

Bolivia's breadbasket squeezed by pro-Morales blockades
Bolivia's breadbasket squeezed by pro-Morales blockades
Economy

At a wholesale market in the central Bolivian city of Cochabamba, farmer Damaris Masias watches through tears as 10 tonnes of tomatoes that she spent over a week trying to get through roadblocks are tossed into a bin. Masias lost not only her own tomatoes when she set out for Cochabamba, but those of an entire neighborhood of what she calls "poor people."

OpenAI releases ChatGPT search engine, taking on Google
OpenAI releases ChatGPT search engine, taking on Google
Economy

OpenAI on Thursday beefed up its ChatGPT generative AI chatbot with search engine capabilities, as the startup takes on Google's decades-long dominance of web search. This has been seen as a weakness of AI chatbots, especially at OpenAI, which does not have a stand-alone search engine providing more timely data.

Musk's millions: Five ways the world's richest man helps Trump
Musk's millions: Five ways the world's richest man helps Trump
Economy

In an extraordinary twist that has upended an already unpredictable election, the world's richest man has become Donald Trump's most influential supporter in his bid to return to the White House. White House officials have expressed concern about their diminished reach during potential crises, with their average post views dropping from 200,000 to 100,000.

US Fed's favored inflation gauge cools in September
US Fed's favored inflation gauge cools in September
Economy

The US Federal Reserve's preferred inflation measure cooled further last month and now sits just above its long-term target, according to government data published Thursday, shortly before the presidential election. Given the surge in post-pandemic inflation, the fact that headline inflation now sits just a tenth of a percentage point away from the Fed's target is a significant achievement.

Musk to appear in court as part of Trump campaign suit
Musk to appear in court as part of Trump campaign suit
Economy

Billionaire Elon Musk was expected in court in Philadelphia on Thursday, after a judge ordered him to attend a hearing in a lawsuit seeking to halt his $1 million giveaways to registered US voters in swing states. "It is further ordered that all parties must be present at the time of the hearing," judge Anne Marie Coyle said.

Sales slump 27% at carmaker Stellantis
Sales slump 27% at carmaker Stellantis
Economy

Stellantis, the carmaker which owns the Jeep, Peugeot and Fiat brands, said Thursday that its sales fell 27 percent in the third quarter because of market difficulties in North America. Stellantis -- which has a vast stable of 15 car brands -- has hit a rough patch after years of record profits after its foundation in 2021 with the merger of PSA (Peugeot-Citroen) and FCA (Fiat-Chrysler).

EU probes shopping app Temu over illegal products
EU probes shopping app Temu over illegal products
Economy

The EU launched a formal investigation Thursday into Chinese-founded e-commerce platform Temu on suspicion the site is doing too little to stop the sale of illegal products, in a probe that could lead to large fines. The EU wants to know more about the systems Temu has in place to "limit the sale" of illegal products as well as how the platform restricts their "reappearance".

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