WASHINGTON (AP) — Federal officials are reporting more cases of E. coli poisoning as they trace the supply of onions that are the leading culprit behind the outbreak. The onions were served on Quarter Pounder hamburgers at hundreds of McDonald’s locations and were distributed by Taylor Farms, a food supplier with a processing plant in…… MORE
US Economy Grew at a Solid 2.8% Pace Last Quarter on Strength of Consumer Spending
WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. The gross domestic product — the economy’s total output of goods and services — did slow slightly from its 3% growth rate in the April-June quarter.…… MORE
Microsoft Reports $65.6 Billion in Quarterly Sales as Investors Look to Know if AI Spending Worth It
Microsoft on Wednesday reported a 11% increase in profit for the July-September quarter compared to the same time last year as investors looked for signs that the company’s huge spending on artificial intelligence is paying off.The company reported quarterly net income of $24.7 billion, or $3.30 per share, which beat Wall Street expectations. The Redmond,…… MORE
Washington Post Report: Subscriber Loss After Non-Endorsement Reaches a Quarter Million
The Washington Post has lost at least a quarter million subscribers since announcing last Friday it would not endorse a candidate in the presidential race. That’s according a report in the newspaper itself. That represents 10 percent of the paper’s digital subscriptions at a time the outlet — like most news organizations — is struggling…… MORE
Meta’s Third-Quarter Profit Surges 35% Reflecting Strong Ad Revenue and Its Ai Push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligence. But the Instagram and Facebook parent company warned that it expects a significant acceleration in infrastructure spending next year. For the three months ended on Sept. 30, the Menlo Park, California, company earned $15.69…… MORE