Towerborne , a side-scrolling action RPG published by Xbox Game Studios that has been available in early access, will officially launch on February 26th. But instead of launching as a free-to-play, always-on online game as originally planned, Towerborne is instead going to be a paid game that you can play offline. "You will own the complete experience permanently, with offline play and online co-o...
Towerborne , a side-scrolling action RPG published by Xbox Game Studios that has been available in early access, will officially launch on February 26th. But instead of launching as a free-to-play, always-on online game as originally planned, Towerborne is instead going to be a paid game that you can play offline. "You will own the complete experience permanently, with offline play and online co-op," Trisha Stouffer, CEO and president of Towerborne developer Stoic, says in an Xbox Wire blog post . "This change required deep structural rebuilding over the past year, transforming systems originally designed around constant connectivity. The res … Read the full story at The Verge.
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as investors rotated out of tech names, and what's on the radar for the next session. The jobs report for December The payrolls number comes out live on "Squawk Box" at 8:30 a.m. ...
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as investors rotated out of tech names, and what's on the radar for the next session. The jobs report for December The payrolls number comes out live on "Squawk Box" at 8:30 a.m. ET with Becky Quick, Andrew Ross Sorkin and Joe Kernen. Economists polled by Dow Jones predict 73,000 additional jobs. Going into the number, the U.S 10-year Treasury yield is 4.17%. The two-year yield is 3.49%. The one-year yield is 3.5%. The six-month yield is 3.6%. The three-month yield is 3.61%. The one-month yield is 3.62%. The State Street SPDR Bloomberg High Yield Bond ETF (JNK) has a dividend yield of 6.52%. The iShares iBoxx High Yield Corporate Bond ETF (HYG) has a dividend yield of 5.69%. The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) has a dividend yield of 7%. The iShares 0-5 Year High Yield Corporate Bond ETF (FCOR) has a dividend yield of 4.47%. Big Oil in our nation's capital Several big names at major oil companies are set to meet with President Donald Trump. CNBC TV's Brian Sullivan will be there with them. Watch for his reports all day long, starting at 5 a.m. on "Worldwide Exchange" with Frank Holland. In the four trading days since U.S. forces arrested Venezuela's President Nicolás Maduro, Chevron is up 2.15%. It is off 6% from the March 2025 high. ExxonMobil is flat week to date. Shares are off 2.4% from the 52-week high. SLB is is up 10.5% in four days. The stock is slightly off the high reached this month. Out of whack Jim Cramer of "Mad Money" said it on the big show at 6 p.m. Thursday night: "Sometimes things just get out of whack with stocks at the start of the year." The Dow Industrials jumped 270 points Thursday, about 0.5%. The Nasdaq Composite fell 0.4%. So far in 2026, the Nasdaq is up 1%, and the Dow is up 2.5%. The S & P 500 is u...
(RTTNews) - The China stock market on Thursday wrote a finish to the four-day winning streak in which it had climbed more than 120 points or 3 percent. The Shanghai Composite Index now sits just above the 4,080-point plateau and it may take further damage on Friday.
(RTTNews) - The China stock market on Thursday wrote a finish to the four-day winning streak in which it had climbed more than 120 points or 3 percent. The Shanghai Composite Index now sits just above the 4,080-point plateau and it may take further damage on Friday.
Cathay Pacific Airways Ltd. has asked all departments to identify savings and efficiencies in an attempt to rein in expenses, as Hong Kong’s flagship carrier prepares for a slower rate of growth this year, according to people familiar with the matter. The airline is targeting savings of about 5% on non-operational staff, tackling head-office expenses in areas like marketing and administration, in ...
Cathay Pacific Airways Ltd. has asked all departments to identify savings and efficiencies in an attempt to rein in expenses, as Hong Kong’s flagship carrier prepares for a slower rate of growth this year, according to people familiar with the matter. The airline is targeting savings of about 5% on non-operational staff, tackling head-office expenses in areas like marketing and administration, in part to make room for investments such as AI, said the people, who asked not to be identified talking about confidential information. As part of the process, some departments and jobs are being merged, and some employees are being redeployed. A limited number of job cuts for Hong Kong and overseas staff will be carried out, some of the people said. Cathay has said it plans to hire 3,000 people this year, pushing headcount beyond the 34,000 at the end of 2025. Cathay’s focus on cost comes as the airline expects to pull back growth this year to single-digits for the first time since the pandemic, even as management seeks to maintain solid profit in the face of rising competition. Chief Executive Officer Ronald Lam said in an interview late last year that the airline was entering a period of “more normalized” growth, and he reiterated at an event earlier this week that the airline would be less aggressive on expansion. That reset comes after a year of rapid expansion, including the launch of 20 new destinations. Analysts expect Cathay, which includes its main brand plus low-cost HK Express, to grow capacity by 7.7% this year. Cathay spokesman Andy Wong said the airline is “dedicated to continuously assessing and refining our operations and organization to ensure optimal delivery of our long-term strategic goals.” Efficiencies that the airline has already implemented include merging its daily and planning operations teams, and restructured in areas like sales. Last year, the airline combined regional responsibilities such as Southeast Asia and Australia, and relocated its Ameri...