BUSINESS

Nov 02 2024BUSINESS

ASEAN: The Unexpected Winner in U. S. -China Trade Clashes

You might not think of Southeast Asia as a big player in the trade war between the U. S. and China. But the Association of Southeast Asian Nations (ASEAN) has been quietly making gains. The International Monetary Fund (IMF) says ASEAN has been strengthening its trade and investment links with both c

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Nov 02 2024BUSINESS

Google's AI Bet Pays Off Despite Legal Troubles

Google, part of Alphabet Inc. , is making big money, mostly thanks to its search engine. In the last three months of the year, Alphabet made $26. 3 billion, which is 34% more than last year. And their sales went up by 15% to $88. 27 billion. This growth is partly because Google is investing heavily

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Nov 02 2024BUSINESS

Big Money on AI: A Tech Bet?

Tech giants like Microsoft, Meta, Amazon, and Apple are splashing out billions on artificial intelligence (AI). It's not just about making more money; they're investing heavily in AI development. Meta, for example, plans to spend $40 billion on AI next year alone. Even Microsoft is cautious, warning

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Nov 02 2024BUSINESS

Amazon Workers Push Back on Office Mandate, Want More Data

It seems like Amazon employees aren't too happy with their bosses’ decision to make everyone come back to the office five days a week. Over 500 of them even wrote a letter to one of the top executives, saying they want real data to back up this change, not just vague observations. Until recently, Am

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Nov 02 2024BUSINESS

Merck’s Q3 2024 Report: Mixed Results with Keytruda Shining and Gardasil Struggling

Merck, a leading pharmaceutical company, shared its financial results for the third quarter of 2024, surprising some investors with better-than-expected earnings and revenue. The star of the show was Keytruda, their top-selling cancer drug, which continued to bring in strong sales. Newly launched tr

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Nov 02 2024BUSINESS

Space Tourist Coming to Bucks, TGI Fridays Bids Farewell

So, who's up for a night of space tales and fine wine? Viticulturist Greg Olsen, a man who knows a thing or two about both, will be the star guest at Frost Lounge in Doylestown this November. He's the third person to have ever paid for a trip to space, and he'll be sharing his out-of-this-world expe

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Nov 02 2024BUSINESS

Boeing Workers Vote Again: What's Really at Stake?

More than 30, 000 Boeing workers are voting again on whether to end their seven-week strike. This vote isn't just about their paychecks; it's about the future of the company and the economy. The new deal on the table isn't much different from the one they rejected a week ago. It offers a 13% pay rai

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Nov 02 2024BUSINESS

Nvidia Takes Intel's Spot in Dow Jones Industrial Average

In a surprising shake-up, Nvidia is replacing Intel in the Dow Jones Industrial Average. This change marks the end of Intel's 25-year run in the index. Intel, once the leader in chipmaking, has faced stiff competition and missed out on big opportunities like generative AI. Its shares have dropped 54

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Nov 02 2024BUSINESS

Cathay's Fresh Business Class for A330neo: A Look Ahead

Cathay Pacific is revamping its business class experience for the upcoming Airbus A330neo, due to arrive in 2028. They're considering a new seat design, but it might be similar to the flatbeds on their upgraded A330s. The focus is on creating a consistent experience for passengers. The A330neo is a

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Nov 01 2024BUSINESS

Exxon's Q3 Surprise: Big Production, Lower Profits

Exxon Mobil just had a quarter to remember, but not everything is rosy. The oil giant hit a production high not seen in over four decades, pumping out 3. 2 million barrels of liquids daily. However, profits took a dip, falling about 5% compared to the same time last year. Why? Blame it on refining m

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