Quiet supersonic X-59 jet soars over California desert in first test flight

EA has reported a significant drop in sales and profits for the quarter ending September 30, with profits falling to $137 million from $294 million a year earlier. This decline highlights the challenges the company faces after the initial excitement of its college football game launch has waned. Understanding these financial shifts is crucial as they may impact future game development and investor confidence.

Ellen DeGeneres has put her stunning oceanfront property in Carpinteria back on the market for $35 million, marking the third time she's listed the home. This luxurious estate, known for its breathtaking views and high-end amenities, has attracted attention in the real estate market, reflecting the ongoing interest in celebrity homes. The repeated listings suggest a challenging market for high-value properties, but it also highlights DeGeneres' keen eye for real estate investments. Whether this time will be the charm for her sale remains to be seen.

Exxon Mobil has filed a lawsuit against California, challenging the state's upcoming climate disclosure rules. The oil giant argues that these regulations unfairly target large corporations like itself, placing undue blame for climate change. This legal battle highlights the ongoing tension between environmental regulations and corporate interests, raising questions about accountability in the fight against climate change.

Exxon is taking legal action against California, claiming that new climate laws violate its free speech rights. These laws require companies to disclose their carbon emissions, which Exxon argues could harm its reputation and business. This lawsuit highlights the ongoing tension between environmental regulations and corporate interests, raising questions about accountability in the fight against climate change.

Gavin Newsom's $30 million PlumpJack empire, backed by the Getty family, is under scrutiny as he gears up for the 2025 elections. This situation raises questions about the potential conflicts of interest and the influence of wealth in politics. As a prominent figure in California, Newsom's business ties could impact public perception and trust, especially as he navigates his political future.

ExxonMobil has filed a lawsuit against California, challenging the state's climate disclosure laws. This legal action highlights the ongoing tension between major oil companies and state regulations aimed at combating climate change. The outcome of this case could set a significant precedent for how corporations disclose their environmental impact and could influence future legislation across the country.

The Transportation Secretary has issued a stern warning to California, threatening to withhold $160 million in federal funds unless the state halts its issuance of commercial driver's licenses to noncitizen truckers. This move could significantly impact the state's transportation sector and its economy, raising concerns about the livelihoods of many who rely on these licenses for their jobs. The situation highlights the ongoing tensions between federal and state regulations regarding immigration and transportation.

Visa has reported impressive quarterly results, surpassing Wall Street estimates thanks to strong transaction volumes. This performance highlights the resilience of digital payments, even as cross-border growth shows signs of slowing. The company's ability to adapt and thrive in a competitive landscape is crucial, as it reflects broader trends in consumer behavior and the ongoing shift towards cashless transactions.

Honda has started implementing temporary production reductions and stoppages at its North American factories due to a semiconductor shortage. This situation highlights the ongoing challenges in the automotive industry, as manufacturers struggle to secure essential components for vehicle production. The impact of these stoppages could lead to delays in vehicle availability and affect the overall market, making it a significant concern for both the company and consumers.

SK Hynix, a key supplier for Nvidia, has reported a record quarterly profit that aligns with market forecasts. This achievement highlights the company's strong position in the semiconductor industry and reflects the growing demand for chips used in various technologies. As Nvidia continues to thrive, SK Hynix's success is a positive indicator for the tech sector, showcasing resilience and potential for future growth.

Paramount has signed a lease for 285,000 square feet at 1888 Studios in Bayonne, New Jersey, marking a significant expansion for the company. This move not only enhances Paramount's production capabilities but also signifies a growing investment in the New Jersey film industry, which could lead to more job opportunities and economic growth in the region.

Betsy Duke, speaking on Bloomberg's 'The Close', expressed her concerns about the Federal Reserve's potential decision to implement consecutive interest rate cuts. She believes that such actions could create entrenched market expectations that would be difficult to reverse. This discussion is significant as it highlights the delicate balance the Fed must maintain in responding to market pressures while ensuring economic stability.

Lucid Motors is set to launch a new mid-size electric vehicle (EV) equipped with advanced self-driving technology powered by Nvidia chips. This development is significant as it showcases Lucid's commitment to innovation in the automotive industry, potentially enhancing the driving experience and safety for consumers. With the growing demand for electric vehicles and autonomous driving features, this launch could position Lucid as a key player in the market.