Israel is preparing for its response to Iran’s missile attack, Israeli and U.S. officials say. President Biden said he supports Israel’s right to respond. Eight Israeli soldiers were killed in combat in southern Lebanon. NBC News’ Richard Engel reports.
Category Archives: business
A North Carolina mountain town is wrecked by Hurricane Helene
After Hurricane Helene, residents of Swannanoa, a mountain town in North Carolina, return to flattened homes, impassable roads and raw emotions.
Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs
DETROIT — Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed.
LVMH and Formula One announce 10-year partnership
Liberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, according to a joint press release from the companies Wednesday afternoon.
Elon Musk’s Starlink brings internet — and politics — to storm-ravaged areas
Starlink, the satellite internet service from SpaceX, is poised to become a crucial lifeline in parts of southern Appalachia that were devastated by Hurricane Helene.
Costco adds platinum bars to its precious metals lineup
Costco continues to chip away at the gold mine that is the precious metals market.
Stellantis U.S. auto sales extend free fall in third quarter
DETROIT — Stellantis’ U.S. new vehicle sales continued a yearslong free fall during the third quarter, despite CEO Carlos Tavares’ attempts to correct what he has called “arrogant” mistakes.
OpenAI closes funding at $157 billion valuation as Microsoft, Nvidia, SoftBank join round
OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies.
Communities rally together after Hurricane Helene ravages region
Massive cleanup and recovery efforts are underway in the aftermath of Hurricane Helene. With roads washed out or blocked by debris, President Biden is set to take an aerial tour of the widespread destruction in the region. TODAY’s Craig Melvin reports from North Carolina.
JD Vance’s mic gets cut while talking about Springfield at VP debate
Republican vice presidential nominee JD Vance said “Kamala Harris’ open border” has “destroyed” the lives of American citizens in Springfield, Ohio, before having his mic cut by debate moderators.