Typhoon Gaemi Heads for China as Cargo Ship Sinks Off Taiwan
Typhoon Gaemi was churning toward mainland China on Thursday afternoon as rescue personnel searched for nine sailors who went missing when a cargo ship sank in bad weather near Taiwan.
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Tesla shares close down 12% after earnings miss for biggest slump since 2020
Tesla shares plummeted the most since 2020 after the electric vehicle maker reported weaker-than-expected quarterly earnings and another drop in automotive revenue.
SK Hynix swings to profit in Q2 on strong AI chip demand
SEOUL -- SK Hynix reported an operating profit for the second quarter, compared to a loss in the same period a year ago, as the chipmaker benefited from strong demand for artificial intelligence memory chips.
CrowdStrike says bug in quality control process led to botched update
A CrowdStrike software update that crashed computers globally last week hitting services from aviation to banking and healthcare was caused by a bug in the U.S. cybersecurity firm's quality control mechanism, the company said on Wednesday.
Singapore, Hafnia to transfer oil cargo from fire-hit tanker
Shipowner Hafnia, operator of the Hafnia Nile oil tanker, is in discussion with Singapore’s Maritime and Port Authority (MPA) about transferring the damaged ship’s cargo of naphtha to a safe location, the MPA said on Wednesday.
Opinion: China’s ‘monster’ ship is a sign of a much bigger problem
Editor’s Note: Rear Adm. Richard Timme retired from the US Coast Guard after 32 years of service. As the Coast Guard’s assistant commandant for prevention policy, he led the development and implementation of international and national policy, standards and programs to promote marine safety, security and environmental stewardship. He currently serves as president of VXMarine, a provider of marine assets and services. The views expressed in this commentary are his own. View more opinionon CNN.
CrowdStrike blames defect in content update for epic global tech outage
CrowdStrike is blaming a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers, setting off last week’s global tech outage that grounded flights, took TV broadcasts off-air and disrupted banks, hospitals and retailers.