The US Navy is burning through missiles in the Middle East that it would need in a war with China

An SM-3 is launched from the USS Lake Erie during a test. US Navy warships have twice been called upon to defend Israel from massive Iranian ballistic missile attacks and have used SM-3 interceptors to defeat the incoming threats. The Standard Missile-3 (SM-3) — an air-defense interceptor made by RTX and, for a newer variant,…

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Elon Musk reveals Tesla’s robotaxi and robovan

Tesla’s upcoming robotaxi Tesla’s long-awaited Robotaxi has finally been revealed. Elon Musk showed off Tesla’s upcoming driverless taxi at its “We, Robot” on Thursday evening. The unveiling took place on a lot in Warner Bros. Discovery’s movie studio in Burbank, California. The location allowed Tesla to show off its autonomous driving capabilities without running into…

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The job market may be strong, but tell that to anyone looking for work or feeling stuck

Economist ​Cory Stahle said the strong jobs report published last Friday doesn’t mean “every worker is necessarily doing perfect.” If you like your job, congrats: You’re winning the labor market. In general, the job market is booming. The unemployment rate unexpectedly declined in September, the economy added many more jobs than anticipated, and job growth…

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Disney World employees felt pressured to stay and work despite forecasts of looming tornadoes and flash floods in the hours leading up to Hurricane Milton

As Hurricane Milton neared, Disney had to balance safety for guests and staff — and the company’s bottom line. Rain began falling over Orlando early Wednesday morning as Hurricane Milton barreled toward the Sunshine State. Forecasts predicted violent winds, flash flooding, and tornadoes to reach the region by late afternoon. The Walt Disney World Resort…

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Behind the scenes of the Trump movie Trump doesn’t want you to see

In “The Apprentice,” Sebastian Stan plays a young Donald Trump, and Jeremy Strong plays Roy Cohn, the notorious attorney who mentored him early in his career. Who wants to see a movie about Donald Trump? Gabriel Sherman thinks you do: Sherman is a longtime Vanity Fair journalist who wrote and produced “The Apprentice.” It’s a…

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JPMorgan beats on earnings — but Jamie Dimon sounds the alarm on global threats

JPMorgan CEO Jamie Dimon praised his bank’s third-quarter performance but warned of mounting global risks. JPMorgan reported third-quarter earnings on Friday that exceeded Wall Street’s expectations, even as CEO Jamie Dimon warned of a dangerous and worsening global backdrop. America’s largest bank posted a 7% year-on-year rise in revenue to $42.7 billion, pushing earnings per…

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Airports are investing in private wireless networks to improve operations and travelers’ experience

Some benefits of private wireless networks include lower latency and more secure and reliable connectivity. Private wireless networks are key to ushering in a better airport experience for both the travel hubs’ operations and the billions of passengers who pass through them. That’s according to airport executives who spoke on a panel about connected aviation…

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