If you’re a Windows 11 user who frequently uses the Task Manager tool, you should probably avoid Microsoft’s latest OS update. Reddit users and my colleague Tom Warren are reporting that a bug in the optional Windows 11 KB5067036 update is…
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Google Punches Up Gboard with A New, Smart Typing Feature
Google has quietly rolled out a subtle yet powerful enhancement to its Android keyboard app, Gboard, that aims to make typing significantly faster. Users will now find a new toggle in Settings under Preferences labeled “Flick keys to enter…
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Alveolar macrophage transcriptional signatures associated with resistance to TST/IGRA conversion following Mycobacterium tuberculosis exposure | BMC Genomics
Houben RMGJ, Dodd PJ. The Global Burden of Latent Tuberculosis Infection: A Re-estimation Using Mathematical Modelling. Metcalfe JZ, editor. PLOS Med. 2016;13(10):e1002152.
Global Tuberculosis Report. 2023. Geneva: World Health Organization; 2023.
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In situ architecture of the nuclear pore complex of the higher plant Arabidopsis thaliana
Boruc, J., Zhou, X. & Meier, I. Dynamics of the plant nuclear envelope and nuclear pore. Plant Physiol. 158, 78–86 (2011).
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Raices, M. &…
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AI questions “what other qualities we have as designers” say Front founders
Front’s Sofia Lagerkvist and Anna Lindgren are exploring whether AI could replace the designer. In this interview, the Swedish duo explain how curiosity helps them stay ahead…
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AVOW secures pestigious award from HONOR for mobile OEM advertising success
Mobile OEM advertising specialist AVOW has announced a significant recognition from its strategic partner, HONOR. The company was presented with the Global Best Support Partner Award at a special ceremony…
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Era of free trade and investment is over, Canada’s PM tells Apec summit | Apec summit
The Canadian prime minister, Mark Carney, has warned that the era of free trade and investment that formed the foundations of the postwar global economy has ended.
In a stark message to Asia-Pacific leaders at the Apec summit in South Korea on…
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Trump's exit is Xi's cue to take centre stage at APEC – Reuters
- Trump’s exit is Xi’s cue to take centre stage at APEC Reuters
- South Korean president Lee asks China’s Xi for help in engaging North Korea Dawn
- APEC leaders wrap up summit after Trump and Xi reach truce in trade war Al Jazeera
- Asia-Pacific…
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Chevron (CVX) third quarter 2025 earnings
Signage outside the Chevron Corp. headquarters in Houston, Texas, US, on Wednesday, Oct. 8, 2025.
Mark Felix | Bloomberg | Getty Images
Chevron on Friday reported third-quarter financial results that beat Wall Street estimates, as the company achieved record production due in part to its acquisition of Hess Corporation.
The oil major’s net income declined 21% to $3.54 billion, or $1.82 per share, compared with $4.49 billion, or $2.48 per share, in the same period last year. Its earnings decreased year over year due to falling oil prices and a $235 million loss on transaction costs associated with the Hess acquisition.
Excluding costs associated with Hess and foreign currency impacts, Chevron earned $1.85 per share, beating Wall Street estimates of $1.71 per share.
Here is what Chevron reported for the third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earnings per share: $1.85 adjusted vs. $1.71 expected
- Revenue: $49.73 billion vs. $49.01 billion expected
U.S. crude oil prices have fallen about 16% this year as OPEC+ increases production and President Donald Trump’s tariffs have the market worried about an economic slowdown.
Even with lower prices, Chevron pumped a record 4.1 million barrels per day, a 21% increase compared with the same period last year. Higher production came from the Hess acquisition, the Permian Basin, the Gulf of Mexico and Kazakhstan, according to the company.
Chevron’s U.S. production business posted a profit of $1.28 billion, down 34% compared with $1.95 billion in the third quarter of 2024. It pumped 2 million barrels per day, up 27% from 1.6 million bpd in year-ago period.
International production recorded earnings of $2 billion, down 24% compared with $2.64 billion in the same quarter last year. Production increased 16% to 2 million bpd compared with 1.76 million bpd in the year-ago period.
Profits increased more than 300% to $638 million in Chevron’s downstream U.S. refining business, compared with $146 million in the third quarter of 2024. International refining posted earnings of $499 million, up 11% from $449 million in the year-ago period. Refining profits increased year over year due to higher margins on product sales.
Capital expenditures increased 7% to $4.4 billion over the year-ago quarter due to spending on legacy Hess assets. Chevron’s adjusted free cash flow increased about 50% to $7 billion over the year-ago period.
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Sarah Ferguson left on her own as Palace completely cuts ties | Royal | News
Sarah Ferguson has reportedly been left out in the cold after Buckingham Palace announced last night Andrew will be stripped of his royal style, titles, honours and move out of Royal Lodge. This means Fergie will be forced to fend for herself and…
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