NASA's experimental X-59 aircraft has marked a major milestone by flying faster than the speed of sound for the first time, setting the stage for demonstrating its quiet supersonic capabilities later this year. NASA test pilot Jim "Clue" Less took off and landed at Edwards Air Force Base in California last Friday, reaching a top speed of approximately Mach 1.1 (713 mph) and altitude of 43,400
Peruvian capital Lima is the world's best city for food, according to publishing giant Time Out. Time Out publishes the results of its international survey ranking the world's best cities annually, which includes data to uncover other fascinating insights, such as the world's best cities for culture, the coolest neighborhoods, and the world's best food cities. Based on reports from its global ne
U.S. forces have attacked an unladen oil tanker in the Gulf of Oman on Monday after the vessel violated the U.S. blockade against Iran by attempting to sail to an Iranian port. U.S. Central Command said it disabled Palau-flagged M/T Marivex as it transited international waters in the Gulf of Oman...
The US Department of War has added 188 Chinese firms, including e-commerce giant Alibaba, electric car maker BYD, telecom giant Huawei and tech giant Baidu to a list of companies with alleged links to the Chinese military. The Department of War released an updated list of what it called "Chinese military companies operating directly or indirectly in the United States in accordance with the statut
The J.M. Smucker Co. (SJM) reported fourth quarter net income of $388.1 million, or $3.64 per common share, compared to a net loss of $729.0 million, or $6.85 per share, in the prior year period. Adjusted earnings per share increased to $2.77 from $2.31. Net sales for the three months ended April...
While reporting financial results for the first quarter on Tuesday, fashion retailer Designer Brands, Inc. (DBI) said it now expects earnings and net sales growth for the full-year 2026 at the high end of the prior guidance range, following the encouraging start to the year. For fiscal 2026, the company...
Tuesday, Pizza Hut, a subsidiary of Yum! Brands, Inc. (YUM), announced the launch of Hut Originals, a new platform dedicated to Pizza Hut's iconic food, fun and fans. To kick off the launch, the company introduced new Crispy Parm Pan Pizza, available now at participating Pizza Hut locations nationwide....
Bavarian Nordic A/S (BAVA.CO), a vaccine developer, on Tuesday announced the award of a government contract valued at more than DKK 700 million to supply its MVA-BN smallpox/mpox vaccine to an undisclosed country. Deliveries under the contract are scheduled to take place in 2026 and 2027. The company...
Parsons Corp. (PSN), a defense and infrastructure solutions provider, on Tuesday announced it secured an additional $73 million contract in support of the U.S. Air Force Research Laboratory's Global Application Research, Development, Engineering and Maintenance or GARDEM mission. The latest award...
The UN Security Council met on Monday amid a sharp escalation in hostilities across Ukraine, and UN officials warned that the war has reached its deadliest point since Russia's full-scale invasion in 2022. Briefing members, Rosemary DiCarlo, Under-Secretary-General for political affairs, said recent months had seen some of the most extensive aerial attacks of the conflict, while the humanitarian
OpenAI, the maker of popular chatbot ChatGPT, announced that it has recently filed confidentially with the U.S. Securities and Exchange Commission for potential initial public offering, thus entering the IPO race by major players in the artificial intelligence or AI industry. The firm said it is yet to decide on the timing.
U.S. construction trade group Associated Builders and Contractors or ABC announced that it has partnered with Facebook-parent Meta Platforms, Inc. (META) to launch a $115 million workforce training program aimed at addressing a shortage of data center construction technicians in the United States. The...
Apple Inc. (AAPL) announced a range of new child safety and parental control features that will roll out with its software updates this fall, expanding the tools available to help parents manage their children's online activities. The updates include a simplified child account setup process, a new...
Alibaba Group Holding Ltd. (BABA, 9988.HK), an e-commerce and technology company, on Monday said the U.S. Department of Defense has included the company on its list of Chinese Military Companies. The company said it believes the inclusion is a mistake and that there is no basis to conclude Alibaba...
Koninklijke KPN N.V. (KPN.AS, KKPNY, KPN), a Dutch telecommunications and IT provider, responded to the decision by the Dutch Authority for Consumers and Markets or ACM to prohibit Glaspoort's proposed acquisition of about 200,000 fiber-to-the-home connections from DELTA Fiber. KPN said it regrets...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.