Category Archives: WBAP 24/7 News

US Economy Grew at a Solid 2.8% Pace Last Quarter on Strength of Consumer Spending

US Economy Grew at a Solid 2.8% Pace Last Quarter on Strength of Consumer Spending

WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. The gross domestic product — the economy’s total output of goods and services — did slow slightly from its 3% growth rate in the April-June quarter.…MORE

Washington Post Report: Subscriber Loss After Non-Endorsement Reaches a Quarter Million

Washington Post Report: Subscriber Loss After Non-Endorsement Reaches a Quarter Million

The Washington Post has lost at least a quarter million subscribers since announcing last Friday it would not endorse a candidate in the presidential race. That’s according a report in the newspaper itself. That represents 10 percent of the paper’s digital subscriptions at a time the outlet — like most news organizations — is struggling…MORE

Meta’s Third-Quarter Profit Surges 35% Reflecting Strong Ad Revenue and Its Ai Push

Meta’s Third-Quarter Profit Surges 35% Reflecting Strong Ad Revenue and Its Ai Push

Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligence. But the Instagram and Facebook parent company warned that it expects a significant acceleration in infrastructure spending next year. For the three months ended on Sept. 30, the Menlo Park, California, company earned $15.69…MORE

Starbucks, Trying to Reverse Sluggish Sales, Discontinues Olive Oil Drinks to Simplify Its Menu

Starbucks, Trying to Reverse Sluggish Sales, Discontinues Olive Oil Drinks to Simplify Its Menu

Starbucks is discontinuing its Oleato olive-oil infused beverages at most locations, part of an effort to streamline the chain’s menu. The Seattle-based company confirmed the change Wednesday ahead of the release of its fiscal fourth-quarter earnings. Later Wednesday, Starbucks’ new chairman and CEO, Brian Niccol, is scheduled to hold his first conference call with investors…MORE

Reddit’s Explosive User Growth and AI Tools Help It Soar to Its First-Ever Profit

Reddit’s Explosive User Growth and AI Tools Help It Soar to Its First-Ever Profit

NEW YORK (AP) — For the first time in its nearly 20-year history, Reddit is turning a profit. The social platform claimed a profit of $29.9 million for the period ending in September, and reported sales of $348.4 million, an amount surpassing the $312.8 million analysts had projected. Reddit also grew its number of daily…MORE

Autonomous Truck Company Aurora Delays Hauling Freight Without Human Drivers Until April

Autonomous Truck Company Aurora Delays Hauling Freight Without Human Drivers Until April

PITTSBURGH (AP) — Autonomous truck company Aurora Innovation says it won’t start hauling freight without humans on board until April of next year. That’s a delay from previous statements that commercial service would begin by the end of 2024. The Pittsburgh company on Wednesday said the April launch of driverless semis traveling from Dallas to…MORE

Denton County Residents Under Burn Ban

Denton County Residents Under Burn Ban

DENTON (WBAP/KLIF News ) – Despite cooler temperatures hovering over the region, some North Texas county officials are warning the threat of wildfire is still present. Denton County Judge Andy Eads issued a mandatory burn ban on Tuesday due to warm temperatures, high winds, low humidity and dry vegetation. The Texas A&M Forest Service’s Adam…MORE

Fort Worth Aquarium Closes Amid Animal Cruelty Investigation

Fort Worth Aquarium Closes Amid Animal Cruelty Investigation

FORT WORTH (WBAP/KLIF News ) – An animal cruelty investigation in Tarrant County has led to the closure of ‘Seaquest Fort Worth’ at Ridgemar Mall. PETA said it filed a complaint with Fort Worth police about two dead sharks and dozens of dead fish. The animal rights organization also said former employees described conditions of…MORE

Israeli Strikes in Northern Gaza Kill at Least 88, Officials Say

Israeli Strikes in Northern Gaza Kill at Least 88, Officials Say

DEIR AL-BALAH, Gaza Strip (AP) — Gaza’s Health Ministry says two Israeli strikes in the northern Gaza Strip killed at least 88 people. The ministry said a five-story building was hit in one of the strikes Tuesday, killing at least 60 people, more than half of them women and children. Israel has escalated airstrikes in…MORE