Amazon’s cloud division grew at its fastest pace in nearly five years, but record spending on artificial intelligence pushed the company to a $42.4 billion cash burn and sent its shares lower.
The rapid wind-down of Wall Street firm Weil, Gotshal & Manges has left nearly 700 associates hunting for new roles, in one of the largest law-firm dissolutions ever.
Donald Trump’s administration is escalating legal action against US states days before the 3 November midterms, including a revised Alaska lawsuit and subpoenas in California, in what election officials describe as an extraordinary federal intervention in locally run elections.
The US Centers for Disease Control and Prevention reported 4,852 measles cases as of 29 October, up 264 on its previous update, with 511 people hospitalised and most cases among people who were unvaccinated or whose vaccination status was unknown.
Wall Street closed October with a sharp selloff as Intel and Reddit each fell 29%, leaving the Nasdaq composite with its worst month since March 2025 and investors questioning how quickly the AI spending boom will pay off.
Brazil has called in Argentina’s top diplomat in Brasília to explain Buenos Aires’ role in Senator Flávio Bolsonaro’s departure for the United States, days after his presidential election defeat — a move Argentina denies ever happened.
The European Commission has set out the framework for EU countries to approve the remaining €45 billion of its €90 billion Ukraine loan programme, with the money to be disbursed by the end of 2027.
Foxconn chairman Young Liu says a new collaboration with OpenAI is in the works after meeting Sam Altman, and insists the AI boom is no bubble as the contract manufacturer leans further into AI servers and factory robots.
A small boat attached two limpet mines to the Panama-flagged tanker Louise 1 in the Strait of Hormuz on Thursday, sparking an engine-room fire in the first successful attack of its kind since the war between the United States and Iran began in February.
A preliminary investigation into Spain’s deadliest train crash since 2013 has found the Renfe train was travelling at between 160 and 200 kph when it struck a stationary Iryo train near Urda, after a signalling failure and a controller error.
