Category: Blog

Shares of United Airlines tumble on sour outlook for 4Q profit because of rising fuel prices

Shares of United Airlines have tumbled after the carrier issued a gloomy outlook for fourth-quarter profit ByThe Associated Press October 18, 2023, 10:23 AM FILE – In this July 2, 2021 file photo, a United Airlines jetliner taxis down a runway for take off from Denver International Airport in Denver. United Airlines reports earnings on Tuesday, Oct. 17, 2023. (AP Photo/David Zalubowski, file) The Associated…

Stock market today: Asian shares follow Wall Street lower, and Japan reports September exports rose

BANGKOK — Shares tumbled in Asia on Thursday following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks. Worries about war in the Middle East also are dragging on markets. Benchmarks in Hong Kong, Tokyo and Seoul fell about 2%. Japan reported its exports swung into positive territory in September as vehicle shipments surged….

IAEA team gathers marine samples near Fukushima as treated radioactive water is released into sea

IWAKI, Japan — A member of the International Atomic Energy Agency team visiting Fukushima for its first marine sampling since the Fukushima Daiichi nuclear power plant started releasing treated radioactive wastewater into the sea said Thursday he does not expect any rise in radiation levels in the fish caught in the regional seas. The IAEA team watched flounder and other popular kinds of fish being…

Nokia plans to cut up to 14,000 jobs after sales and profits plunge in a weak market

HELSINKI — Telecom gear maker Nokia said Thursday that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish company, one of the world’s main suppliers of high-speed 5G wireless networks, said it’s trying “to navigate the current market uncertainty” as higher…

Can the new film ‘Uncharitable’ change people’s minds about overhead at nonprofits?

NEW YORK — All Hands and Hearts makes a promise in big letters on the front page of its website: “95 cents of every dollar is spent on our programs.” The Massachusetts-based disaster relief nonprofit, like so many charitable organizations have for decades, feels the pressure to operate as leanly as possible. Izzy Smith, chief information officer for All Hands and Hearts, which mobilizes volunteers…

300-year-old painting stolen by an American soldier during WWII returned to museum

CHICAGO — After a stopover in the U.S. that lasted the better part of a century, a baroque landscape painting that went missing during World War II was returned to Germany on Thursday. The FBI handed over the artwork by 18th century Austrian artist Johann Franz Nepomuk Lauterer to a German museum representative in a brief ceremony at the German Consulate in Chicago, where the…

Navigator cancels proposed Midwestern CO2 pipeline, citing ‘unpredictable’ regulatory processes

BISMARCK, N.D. — A company on Friday said it would cancel its plans for a 1,300-mile (2,092-kilometer) pipeline across five Midwestern states that would have gathered carbon dioxide emissions from ethanol plants and buried the gas deep underground. Navigator CO2 Ventures’ Heartland Greenway project is among a handful of similar ventures supported by the renewable fuels industry and farming organizations, but opposed by many landowners…

Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies

WASHINGTON — Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. But don’t expect a repeat of the catastrophic price hikes and long lines at the gasoline pump, experts say. The Israel-Hamas war is “definitely not good news” for oil markets already stretched by cutbacks in oil…

Health providers say AI chatbots could improve care. But research says some are perpetuating racism

SAN FRANCISCO — As hospitals and health care systems turn to artificial intelligence to help summarize doctors’ notes and analyze health records, a new study led by Stanford School of Medicine researchers cautions that popular chatbots are perpetuating racist, debunked medical ideas, prompting concerns that the tools could worsen health disparities for Black patients. Powered by AI models trained on troves of text pulled from…