Comma News
Binance sets aside $6.34B after record $6.3B hack
Binance says about $3B of the stolen crypto is frozen and company funds will cover user losses.
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Business
Intel Q3 revenue rises 21% to $16.5B; Q4 outlook $15B-$16B
Intel posted Q3 EPS of $0.60, and its Q4 range sits below the quarter just reported.
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AI & Tech
Waymo and Toyota to test self-driving bZ4X fleet in Japan in 2027
Toyota will build the cars with Waymo's hardware at its Takaoka plant, with the UK and other Waymo markets to follow.
Microsoft puts Azure revenue at $33.2B
In its first dollar disclosure, Microsoft said Azure grew 48% from a year earlier in the July-September quarter, about 36% of total revenue of $92.3B.
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Asia
Bank of Japan holds rate at 1.25%, says underlying inflation is generally at its 2% target
The Bank of Japan kept its policy rate at around 1.25% on Friday and said underlying inflation is now generally consistent with its 2% target, the first time it has made that assessment since adopting the goal in 2013, according to Kyodo News, NHK and CNBC.
Seoul and Taipei stocks tumble as AI spending worries hit chipmakers
South Korea's KOSPI fell 3.48% to 5,730.74 on Friday and Taiwan's Taiex dropped 2.49% to 45,211.83, as chip stocks slid after a tech sell-off on Wall Street, according to Yonhap, Edaily and Focus Taiwan.
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World
Final count confirms Israel deadlock: Netanyahu bloc 53 seats, Eisenkot bloc 48, Arab-led parties 19
Israel's Central Elections Committee published final results early Friday showing Prime Minister Benjamin Netanyahu's bloc with 53 of the Knesset's 120 seats, the opposition bloc led by Gadi Eisenkot with 48 and Arab-led parties with 19, leaving no side with the 61 needed to govern, according to The Times of Israel, AP and Ynet.
Russian drone strike on Dnipro train station kills at least 14, Ukrainian officials say
At least 14 people were killed and at least 14 wounded on Thursday when a Russian jet-powered drone hit a crowded platform at the main railway station in Dnipro, Ukrainian officials said, according to the BBC, DW and CBS News.
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Money
30-year mortgage rate falls to 7.24%, a second weekly drop
The average 30-year fixed mortgage rate fell to 7.24% this week from 7.32%, its second straight weekly decline and its lowest level this month, Freddie Mac said Thursday.
Weekly jobless claims dip to 194,000 as continuing claims also fall
First-time claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 194,000 in the week ended Oct. 24, the Labor Department said Thursday.
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US
Judge bars immigration agents in Southern California from stops based on appearing Latino and working class
U.S. District Judge Maame Ewusi-Mensah Frimpong issued a preliminary injunction requiring immigration agents in the Central District of California to have individualized reasonable suspicion before stopping people, ruling they may not rely solely on someone appearing to be Latino and low-income or working class.
Judge blocks Medicaid rule narrowing who counts as 'medically frail' under new work requirements
U.S. District Judge Richard Stearns in Boston ruled Thursday that the Centers for Medicare and Medicaid Services unlawfully narrowed the "medically frail" exemption from Medicaid's new work requirements, siding in part with 25 states and the District of Columbia.
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Politics
Judge rejects Justice Department bid to have California set aside about 20,000 ballots; DOJ appeals
U.S. District Judge David O. Carter on Wednesday denied the Justice Department's emergency request to make California segregate the ballots of roughly 20,000 people the administration says are likely noncitizens, writing that it would "wreak havoc" on an election already underway.
Alaska governor orders state inquiry into recruitment of a second 'Dan Sullivan' Senate candidate
Alaska Gov. Mike Dunleavy said Thursday he has directed the state Department of Public Safety to investigate whether an effort to recruit a Senate candidate sharing incumbent Republican Sen. Dan Sullivan's name broke state law, after a New York Times report tied the effort to Democrat Mary Peltola's campaign.
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Entertainment
Universal Music Group's third-quarter revenue rises 12.3% as subscription growth speeds up
Universal Music Group said Thursday its third-quarter revenue rose 12.3% from a year earlier to €3.394 billion, helped by its acquisition of Downtown Music and faster growth in subscription streaming.
People Inc. lays off 195 employees, about 6% of staff, mostly in print and legacy web
People Inc., the publisher of People, Entertainment Weekly and other brands, is laying off 195 employees, about 6% of its workforce, CEO Neil Vogel said in a staff memo Thursday, according to Variety, Adweek and TheWrap.
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Health
Lilly's retatrutide beats Ozempic on blood sugar and weight loss in head-to-head Phase 3 trial
Eli Lilly said its experimental drug retatrutide lowered A1C by an average of 2.2% at 80 weeks in adults with type 2 diabetes, compared with 1.8% for Novo Nordisk's Ozempic 2 mg, in the TRANSCEND-T2D-2 trial.
African health ministers hold emergency Ebola meeting as confirmed cases pass 10,000 in four countries
Africa CDC and the World Health Organization convened African health ministers on Wednesday as the Bundibugyo Ebola outbreak reached 10,172 confirmed cases and more than 4,932 deaths, according to Xinhua and Kenya News Agency.
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Travel
Frontier's average fare jumps 71% as the budget airline posts record revenue but a quarterly loss
Frontier Airlines said third-quarter revenue rose 53% to a record $1.4B, while fare revenue per passenger climbed to $67.82 from $39.74 a year earlier, according to the company and CNBC.
Alaska Airlines plans daily Anchorage-Tokyo Narita nonstop flights from May 2027
Alaska Airlines said it plans to fly daily between Anchorage and Tokyo Narita from May 13 to September 7, 2027, subject to government approval, according to the airline and Aviation Week.
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