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Amazon posts weaker-than-expected 3Q revenue, stock tumbles

Amazon posts weaker-than-expected 3Q revenue, stock tumbles

NEW YORK (AP) — Amazon returned to profitability over the summer after two consecutive quarters of losses, but its stock fell sharply in after-hours trading due to weaker-than-expected revenue and disappointing projections for the current quarter.

AP News in Brief at 6:04 p.m. EDT

Election Day is Nov. 8, but legal challenges already begin WASHINGTON (AP) — Election Day is 12 days away. But in courtrooms across the country, efforts to sow doubt over the outcome have already begun.
EXPLAINER: What's up with the Bank of Japan's unique track?

EXPLAINER: What's up with the Bank of Japan's unique track?

TOKYO (AP) — Even as the Federal Reserve and the world’s other central banks raise interest rates to try to curb inflation, the Bank of Japan has stood firm. Since 2016, Japan's key interest rate has been minus 0.1%.
U.S. Secretary of State Antony Blinken to raise Haiti intervention in Canada visit

U.S. Secretary of State Antony Blinken to raise Haiti intervention in Canada visit

OTTAWA — U.S. Secretary of State Antony Blinken will visit Ottawa and Montreal this week, ahead of major global summits and a possible military intervention in Haiti.
GM: All US facilities will be powered by renewables by 2025

GM: All US facilities will be powered by renewables by 2025

DETROIT (AP) — General Motors said Wednesday that it has secured all of the renewable energy it needs to power all of its U.S. facilities by 2025, 25 years ahead of earlier projections.
Edmunds: Ford Lightning vs Rivian R1T

Edmunds: Ford Lightning vs Rivian R1T

Tesla, the first high-volume EV maker, was early to promise a zero-emission pickup, but it was Rivian, an American startup, that delivered the first mass-production EV truck.
Global stocks higher on hopes US rate hike plans will ease

Global stocks higher on hopes US rate hike plans will ease

BEIJING (AP) — Global stock markets mostly gained Wednesday on hopes the Federal Reserve might ease off plans for interest rate hikes, while London opened lower after Britain installed its third prime minister this year amid an economic crisis.
Asian stocks follow Wall St up on hopes of rate hikes easing

Asian stocks follow Wall St up on hopes of rate hikes easing

BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday as hopes rose that the Federal Reserve might ease off plans for interest rate hikes and Britain installed its third prime minister this year.

AP News in Brief at 6:04 p.m. EDT

Fetterman, Oz meet for highly anticipated Pa. Senate debate HARRISBURG, Pa.
Parkland to partner with U.S.-based FreeWire on EV charging network

Parkland to partner with U.S.-based FreeWire on EV charging network

CALGARY — Parkland Corp. says it has signed a deal with California-based EV charging technology company FreeWire.