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A UPS cargo plane crashed violently in Louisville, Kentucky. It happened Tuesday evening shortly after takeoff. The McDonnell Douglas MD-11 flight was heading toward Honolulu. The crash occurred in an industrial zone next to the airport. This catastrophic incident caused at least seven deaths. Authorities also confirmed eleven injuries. Four of the people who died…
McDonald’s reported solid financial results for the third quarter of 2025. The company’s earnings surpassed Wall Street’s predictions. Analysts had expected earnings per share (EPS) of $3.33. Revenues were projected to hit $7.09 billion. The final numbers exceeded these consensus estimates. However, the report highlighted one clear challenge. The total number of customer visits fell…
German satellite maker Reflex Aerospace just closed a major funding round. The company raised €50 million ($57.5 million) in its Series A round. This is one of Europe’s largest Series A investments in the space sector. The funding round was led by Human Element. Reflex Aerospace plans to use this new capital to quickly increase…
A major, multi-billion-dollar arms deal is moving forward. Saudi Arabia wants to buy up to 48 F-35 fighter jets from the U.S. This request has just cleared a key approval step at the Pentagon. The F-35, built by Lockheed Martin, is the world’s most advanced stealth jet. Sources confirm the Pentagon’s policy department completed its…
President Donald Trump again nominated billionaire Jared Isaacman to lead NASA. This announcement follows a dramatic political shift. Trump had withdrawn Isaacman’s first nomination five months ago. The initial withdrawal followed a reported public disagreement between the President and Elon Musk. Isaacman is a close ally of the SpaceX CEO. Trump praised Isaacman as a…
The federal government shutdown is creating an emergency for U.S. air travel. Transportation Secretary Sean Duffy warned of “mass chaos” if the standoff continues into next week. This statement comes as the shutdown ties the record for the longest in American history. The core issue is a critical staffing shortage. Air traffic controllers and TSA…
Nissan Motor must cut production for its top-selling Rogue SUV. A critical chip shortage is forcing this decision. This supply problem involves the Dutch firm Nexperia. The cut is the latest result of a spreading diplomatic conflict. Production of the Rogue SUV will fall by about 900 vehicles. This reduction starts the week of November…
he debate over corporate pay has reached an unprecedented scale, as Norway’s massive sovereign wealth fund—one of Tesla’s largest investors—announced it will vote against CEO Elon Musk‘s new compensation package. The controversial award could be worth up to $1 trillion over the next decade, making it the largest executive compensation plan in history. The fund,…
Global stock markets took a sharp turn downward on Wednesday, fueled by a tech-sector sell-off and rising concerns that equity valuations have become overstretched. Asian markets were hit hardest: Japan’s Nikkei sank 4.6% and South Korea’s KOSPI dropped up to 6.2%. A broad measure of Asia-Pacific shares outside Japan suffered its largest two-day loss since…
Financial markets are on high alert as voters in New York City head to the polls in the 2025 mayoral race. Many in the investment world view the outcome — and other key state contests — as a barometer for the 2026 midterm elections. At the centre of attention is democratic-socialist candidate Zohran Mamdani, who…
