national economy of the United States
Pro-Palestinian protests expand where are the hot spots?: Students are now protesting against the war in Gaza at dozens of universities and occupying campuses ...
nzz.ch/propalaestinensische-proteste-weiten-sich-aus-wo-sind-die-brennpunkte-ld.1827942
Quick Glance: Pro-Palestinian Protests: An Overview
- Pro-Palestinian protests spread across US universities, with some demands being antisemitic.
- Originating at Columbia University, the movement expanded nationwide.
- Students call for ending ties with Israel, university administrations react diversely.
- Protests mostly peaceful, potential continuation post-semester.
Conservative Justices Take Argument Over Trump’s Immunity in Unexpected Direction
nytimes.com/2024/04/26/us/politics/supreme-court-trump-immunity-election.html
Quick Glance: Trump's Disregard for Democratic Principles
- Donald Trump's claim of absolute immunity for criminal acts as president is an assault on common sense and a perversion of the fundamental principle of American democracy.
- The Supreme Court's decision to take the case may delay the former president's trial and deprive the public of the right to know if he attempted to undermine the sacred process of presidential succession.
- The Supreme Court's direct intervention in the 2024 presidential election deprives voters of critical information and could lead to a constitutional crisis if Trump is re-elected and convicted.
- The notion that the president is above the law and can pardon himself is a radical contempt for republican government, revealing Trump's vision of unchecked royal power.
Keke Palmer And SZA To Star In Issa Rae-Produced Buddy Comedy From TriStar Pictures
deadline.com/2024/04/keke-palmer-sza-issa-rae-tristar-pictures-1235896290/
Quick Glance: Keke Palmer and SZA in New Comedy Produced by Issa Rae
- Issa Rae is producing a new comedy starring Keke Palmer and Grammy winner SZA.
- The project will be led by TriStar Pictures and directed by Lawrence Lamont.
- Keke Palmer will serve as an executive producer, while SZA will make her acting debut.
- Rae criticized the cancellation of diverse series and expressed concerns about the Hollywood industry.
Musk and Australia argue over video of knife attack on X: In Sydney, a priest was attacked with a knife during a mass that was broadcast live on the internet ...
nzz.ch/panorama/elon-musk-und-australien-streiten-ob-das-video-einer-messerattacke-auf-der-plattform-x-sichtbar-bleiben-soll-ld.1828128
Quick Glance: Dispute Over Video of Knife Attack on X
- The owner of X, Elon Musk, refuses to delete the video of a knife attack in Sydney from his platform, leading to a dispute with the Australian authorities.
- Australian authorities demand the global removal of the video, while X is only willing to block access in Australia.
- Elon Musk defends freedom of speech and criticizes the authorities for limiting free expression.
- Authorities file a lawsuit to force the removal of the video, while Musk is criticized for publishing violent content on his platform.
Microsoft releases MS-DOS 4 source code on GitHub — 45 year old code now open-source
tomshardware.com/software/operating-systems/microsoft-releases-ms-dos-4-source-code-on-github-45-year-old-code-now-open-source
Quick Glance: Microsoft Releases MS-DOS 4 Source Code on GitHub - 45-Year-Old Code Now Open-Source
- The release of the nearly 45-year-old MS-DOS 4.00 source code under the MIT license grants tinkers full freedom, including binaries and disk images.
- The decision to disclose the MS-DOS 4.00 source code was significantly influenced by the communication between former Microsoft Chief Technical Officer Ray Ozzie and a young computer researcher named Connor 'Starfrost' Hyde.
- In addition to other materials, the MS-DOS 4.00 Intel 8086 assembly code and documentation are now available on GitHub, providing enthusiasts the opportunity to run the operating system on old hardware.
- As a reader of Tom's Hardware, gain exclusive insights into enthusiast PC tech news and benefit from over 25 years of experience in CPUs, GPUs, artificial intelligence, and more.
As pro-Palestinian protests sweep campus, student journalists are rushing to the big story and exams
cnn.com/2024/04/26/business/as-pro-palestinian-protests-sweepcollegecampuses-student-journalistsarerushing-to-the-bigstoryandexams/
Quick Glance: USC Main Commencement Canceled Amid Gaza War Protests
- Protests against the Israel-Hamas war prompt the cancellation of USC's main graduation ceremony and numerous arrests at campuses nationwide.
- Universities are grappling with protests that could disrupt upcoming commencement ceremonies and are considering changes to regulations regarding encampments and exams.
- Some students demand schools sever ties with Israel, leading to accusations of antisemitism and concerns about safety on campus.
- The wave of protests, inspired by events at Columbia University, has led to civil rights investigations into universities facing protests and complaints of discrimination amidst the Israel-Hamas conflict.
Boeing: Dead whistleblower warned of safety breaches: John Barnett had been giving a formal legal deposition against the plane manufacturer before his sudden ...
bbc.com/news/68907597
Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
Paid articlePaid
War against Ukraine: USA announces new military package for Kiev: After the approval of new aid by the US Congress, Washington wants to deliver more weapons to ...
tagesschau.de/ausland/europa/usa-ukraine-hilfe-104.html
Aaron Sorkin to write film about January 6 and Facebook disinformation: The Social Network screenwriter is returning to digital chaos for a new film about how ...
theguardian.com/culture/2024/apr/26/aaron-sorkin-january-6-film
Quick Glance: Aaron Sorkin Writing Potential Social Network Sequel
- Oscar-winning screenwriter Aaron Sorkin reveals he is working on a new movie that could be a follow-up to The Social Network.
- Sorkin blames Facebook for January 6 and plans to address how social media is impacting democracy.
- He criticizes Facebook for tuning its algorithms to promote divisive content to increase engagement, neglecting the balance between growth and integrity.
- While Sorkin's representatives have not responded yet, sources mention the project is in early stages of development with no attached studio.
Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
Paid articlePaid UK Energy Bills Could Rise by £29 Billion on High Rates, Green Investments: Persistently high interest rates could add £29 billion ($36 billion) a year to UK ...
bloomberg.com/news/articles/2024-04-21/uk-energy-bills-could-rise-by-29-billion-on-high-interest-rates
Safety regulator probing whether Tesla’s recall of 2 million vehicles with Autopilot was adequate to fix safety threat
cnn.com/2024/04/26/business/tesla-recall-probe-safety-threat/
Quick Glance: Investigation of Tesla's Autopilot Recall Effectiveness
- The National Highway Traffic Safety Administration is investigating Tesla's Autopilot recall after 20 more crashes occurred post-recall.
- The recall involved over 2 million vehicles and utilized an online software update to enhance driver warnings.
- Concerns were raised regarding the recall's efficacy as crashes persisted after the fix.
- The investigation aims to determine why post-recall issues were not addressed and whether they pose a safety risk.
Apple’s (AAPL) OpenAI Talks Intensify as It Seeks to Add AI Features: Apple Inc. has renewed discussions with OpenAI about using the startup’s technology to ...
bloomberg.com/news/articles/2024-04-26/apple-intensifies-talks-with-openai-for-iphone-generative-ai-features
Curious cat Galena jumps into an Amazon box...and goes for a 650 mile journey! Cat jumps into an Amazon return box, travels to California
Daimler Truck Workers Reach Deal and Avert Threatened Strike in North Carolina: The United Automobile Workers reached an agreement involving workers who make ...
nytimes.com/2024/04/26/business/daimler-truck-uaw-strike.html
D.C. police rejected GWU’s plea to sweep out university protesters: City officials worried about the optics of moving against a small number of peaceful ...
washingtonpost.com/dc-md-va/2024/04/26/dc-police-george-washington-university-protests/
Citi Trims Fed Bet for 2024, Still Sees 100 Basis Points of Cuts: Citigroup Inc. dialed back expectations for Federal Reserve interest-rate reductions on Friday ...
bloomberg.com/news/articles/2024-04-26/citi-trims-fed-bet-for-2024-still-sees-100-basis-points-of-cuts
Paid articlePaid Singapore Bank Fires Workers Over Misuse of Medical Claims: CNA: Bank of Singapore Ltd., the private-banking arm of Oversea-Chinese Banking Corp. ...
bloomberg.com/news/articles/2024-04-27/singapore-bank-fires-workers-over-misuse-of-medical-claims-cna
Nvidia (NVDA) Shares Go on a $260 Billion Tear as Clients Splurge on AI: Nvidia Corp. shares rallied back from last week’s selloff as some of the chip giant’s ...
bloomberg.com/news/articles/2024-04-26/nvidia-shares-go-on-a-260-billion-tear-as-clients-splurge-on-ai
Paid articlePaid
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Elon Musk Is Once Again Richer Than Mark Zuckerberg as Meta Shares Plunge: Mark Zuckerberg’s fortune plunged $20 billion as shares of Meta Platforms Inc. tumbled ...
bloomberg.com/news/articles/2024-04-25/musk-is-once-again-richer-than-zuckerberg-as-fortunes-reverse
Paid articlePaidQuick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Yen (JPY) Short Bets Hit a Record Ahead of BOJ Meeting: Traders upped bearish yen positions to a record high in the days ahead of the Bank of Japan’s policy ...
bloomberg.com/news/articles/2024-04-26/yen-traders-boosted-shorts-to-fresh-record-ahead-of-boj-meeting
Paid articlePaid US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
Paid articlePaid US Small-Business Rent Delinquencies Rise to a Three-Year High: The delinquency rate for US small businesses climbed to a three-year high this month ...
bloomberg.com/news/articles/2024-04-26/us-small-business-rent-delinquencies-rise-to-a-three-year-high
Paid articlePaid
US regulators seize troubled lender Republic First Bancorp: U.S. regulators have seized Republic First Bancorp and agreed to sell it to another lender ...
reuters.com/business/finance/us-regulators-set-seize-republic-first-bancorp-wsj-reports-2024-04-26/
US election 2024: Who are the mega-rich donors backing Trump?: A handful of mega-rich donors have emerged as key backers of Republican presidential candidate ...
reuters.com/world/us/who-are-mega-rich-donors-backing-trump-2024-04-26/
Quick Glance: US Election 2024: Mega-Rich Donors Backing Trump
- Several ultra-wealthy donors have emerged as key figures supporting Republican presidential candidate Donald Trump, collectively donating over $50 million for his candidacy against Democratic incumbent Joe Biden.
- Timothy Mellon, Isaac and Laura Perlmutter, Linda McMahon, Robert Bigelow, and Patricia Duggan are some of the top donors backing Trump, based on an analysis of campaign finance disclosures to the Federal Election Commission.
- Mellon, an heir of the Mellon banking family, also supports independent presidential candidate Robert F. Kennedy Jr. Perlmutter, former chairman of Marvel Entertainment, has contributed to Trump's campaigns. McMahon, former wrestling entrepreneur, also donates to Trump. Bigelow, a hotel tycoon, has donated significant funds to Trump. Duggan, a donor to the Church of Scientology, is also financially supporting Trump.
- The donations from these individuals amount to millions of dollars, highlighting how mega-rich donors play a crucial role in financing Trump's candidacy and how their support impacts his campaign.
No Rate Cuts? No Worries. Uncle Sam Has Dough to Disburse.: The government plans to spend excess funds in coming months, and the Federal Reserve is on course to ...
barrons.com/articles/treasury-spending-liquidity-yellen-rate-cuts-8774d1d6
Paid articlePaid Tesla to lay off 693 employees in Nevada, government notice says: Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice ...
reuters.com/business/autos-transportation/tesla-lay-off-693-employees-nevada-government-notice-2024-04-26/
Quick Glance: Tesla Plans Mass Layoffs in Nevada, Government Notice Reveals
- Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, according to a government notice, as part of its plan to cut more than 10% of its global workforce.
- Under US labor law, companies with 100 or more employees must notify authorities 60 days ahead of planned closings or mass layoffs.
- Tesla announced it will lay off 6,020 employees in Texas and California, with the company's global headcount exceeding 140,000 by late 2023.
- The company responded to declining sales and increased competition by announcing mass layoffs to streamline its workforce.
Library book ban attempts are at an all-time high. These librarians are fighting back
pbs.org/newshour/arts/attempts-to-ban-books-are-at-an-all-time-high-these-librarians-are-fighting-back
Starbucks and US workers' union meet for contract negotiations: Starbucks held contract negotiations with the Workers United union over a two-day session in ...
reuters.com/business/retail-consumer/starbucks-us-workers-union-meet-contract-negotiations-2024-04-26/
Meta, Netflix and 2 Other Stocks May Be Bargains After Post-Earnings Slides: Shares of Meta Platforms, Netflix, Sherwin-Williams, and Caterpillar look cheap ...
barrons.com/articles/meta-stock-netflix-earnings-cb4f3067
Paid articlePaid Tech Rally Propels Emerging Stocks to Best Week Since July: Emerging-market stocks rose Friday, cementing their biggest weekly advance in nine months ...
bloomberg.com/news/articles/2024-04-26/em-stocks-head-for-best-week-since-july-on-us-tech-spillover
Paid articlePaid
McDonald's Korea to raise prices of 16 items next month : McDonald's Korea said Thursday it will raise the prices of 16 menu items by an average of 2 ...
koreatimes.co.kr/www/tech/2024/04/129_373519.html
Tesla axed its entire marketing team—here’s why that matters: It a reminder of just how little Tesla has invested in its own brand beyond Elon Musk.
fastcompany.com/91113609/tesla-axed-its-entire-marketing-team-heres-why-that-matters
🔊 In an interview with @Reuters, Treasury Secretary Janet Yellen said there are a range of options when it comes to dealing with frozen Russian assets ...
reut.rs/3UjyheM
Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
Elon Musk Reveals His Tactics for Building Successful Companies, Including Sleeping Under His Desk and 'Working Every Waking Hour'
entrepreneur.com/business-news/elon-musk-defines-ultra-hard-work-while-building-a-company/473323
UMB Financial in Talks to Acquire Rival Bank Heartland: UMB Financial Corp. is in talks to acquire rival Heartland Financial USA Inc., people with knowledge of ...
bloomberg.com/news/articles/2024-04-26/umb-financial-in-talks-to-acquire-rival-bank-heartland
Paid articlePaid Two senators want US to order Tesla to restrict Autopilot use: Two U.S. senators on Friday urged regulators to bar Tesla from allowing the use of driver ...
reuters.com/business/autos-transportation/two-senators-want-us-order-tesla-restrict-autopilot-use-2024-04-26/
The cost of buying a home has hit an all-time high: It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate ...
thehill.com/business/4620542-the-costs-of-buying-a-home-has-hit-an-all-time-high-report/
Warren Buffett’s Real Estate Brokerage Agrees to $250 Million Settlement: HomeServices of America, the largest residential real estate brokerage in the United ...
nytimes.com/2024/04/26/realestate/warren-buffett-homeservices-lawsuit-settlement.html
Quick Glance: Billion Dollar Settlement in Real Estate Commission Lawsuits
- HomeServices of America, owned by Warren E. Buffett’s Berkshire Hathaway Energy, will resolve the claims of home sellers who had to pay inflated commissions, subject to court approval.
- With the agreement from HomeServices of America, the damages now exceed the billion-dollar mark.
- Analysts predict that the settlement will introduce competition to the real estate commission market, leading to a reduction in fees paid by consumers when selling a home.
- The total amount of damages in commission lawsuits in the USA now surpasses the billion-dollar mark following today's settlement deal.
Fed seen on track for Sept start to US rate cuts: U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of ...
reuters.com/markets/us/traders-add-bets-september-start-fed-rate-cuts-2024-04-26/
IBM to Expand Canadian Semiconductor Packaging and Testing Plant: International Business Machines Corp. will expand its Canadian semiconductor packaging and ...
bloomberg.com/news/articles/2024-04-26/ibm-plots-730-million-expansion-of-canadian-semiconductor-site
Paid articlePaid Sliding Yen: The Bloomberg Close, Asia Edition : Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-26/sliding-yen-the-bloomberg-close-asia-edition
Paid articlePaid
EU law on the “right to repair”: The end of a screwless world: For decades, Apple and other tech companies produced sleek, sealed devices with no screws in sight ...
spiegel.de/kultur/eu-gesetz-recht-auf-reparatur-vom-ende-einer-schraubenlosen-welt-a-45386ef9-89c5-4fde-b387-905ba1811698
BofA’s Hartnett Says US Megacaps to Lead Stocks Until Rates Bite: The US equity market will continue to rely on a handful of megacap stocks for direction until ...
bloomberg.com/news/articles/2024-04-26/us-megacaps-to-lead-stock-rally-until-real-rates-bite-says-bofa
Paid articlePaid
To power the #energy transition, the world needs to secure a reliable supply of critical #minerals .
Learn more: Securing Minerals for the Energy Transition | World Economic Forum McKinsey & Company #SpecialMeeting24
Senators Wanted Transparency in the Fed, FOIA Shows How Officials Responded: Senators Elizabeth Warren and Thom Tillis want the 12 Federal Reserve banks to ...
bloomberg.com/news/newsletters/2024-04-26/senators-wanted-transparency-in-the-fed-foia-shows-how-officials-responded
Moms welcome babies Johnny Cash and June Carter on same day, at same hospital: Two Alabama babies who were both born on April 10 at the same hospital were named ...
goodmorningamerica.com/family/story/moms-babies-johnny-cash-june-carter-same-day-109573736
Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Japanese Yen
on.wsj.com/44iCfJl
Colleges are now closing at a pace of one a week. What happens to the students? : The pace of long-predicted college closings has sped up dramatically this ...
washingtonpost.com/education/2024/04/26/college-closures-student-impact/
Singer-songwriter Kylie Minogue and Mattel CEO Ynon Kreiz named one of TIME magazine's 100 most influential people of 2024
US Bitcoin (BTC) ETFs Suffer One of Worst Outflows as Token Wavers: Investors pulled a net $218 million from US Bitcoin exchange-traded funds ...
bloomberg.com/news/articles/2024-04-26/us-bitcoin-btc-etfs-suffer-one-of-worst-outflows-as-token-wavers
Paid articlePaid
Former President Donald Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Federal Reserve ... Show more
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Yellen, Asked on Yen, Says Currency Interventions Should Be Rare: US Treasury Secretary Janet Yellen said intervention in foreign-exchange markets should be rare ...
trib.al/j0zWXIr
Charges against Trump's 2020 'fake electors' are expected to deter a repeat this year
apnews.com/article/fake-electors-trump-2020-arizona-indictments-059a719514b0c6cb56f7d7339e87d0d5
Colgate-Palmolive raises sales growth target after strong Q1 results: Toothpaste maker Colgate-Palmolive raised forecast for annual organic sales growth on ...
reuters.com/business/retail-consumer/colgate-palmolive-raises-sales-growth-target-after-strong-q1-results-2024-04-26/
Google parent Alphabet hits $2tn valuation as it announces first dividend: Tech company’s shares rise as it plans to reward investors after strong quarterly ...
theguardian.com/technology/2024/apr/26/google-alphabet-2tn-valuation-dividend-shares-results
Exxon Expects FTC to Approve Pioneer Deal by Mid-Year, CFO Says: Exxon Mobil Corp. expects US antitrust regulators to approve its $60 billion acquisition of ...
bloomberg.com/news/articles/2024-04-26/exxon-expects-ftc-to-approve-pioneer-deal-by-mid-year-cfo-says
Paid articlePaid
Microsoft reported its fiscal third quarter earnings, beating analysts estimates on the top and bottom line
“Microsoft Copilot and Copilot stack are ... Show more
Microsoft beats Q3 top and bottom lines on cloud strength
Microsoft beats Q3 top and bottom lines on cloud strength
Warren Buffett Built Berkshire. What Happens When He’s No Longer There?: Questions are swirling about succession, a possible dividend, even a breakup of the ...
barrons.com/articles/berkshire-hathaway-stock-price-warren-buffett-succession-4ab47394
Paid articlePaid Nvidia Stock Rises. What Microsoft and Google CEOs Said About Its Chips.: Microsoft and Alphabet's CEOs both called out their use of Nvidia chips in ...
barrons.com/articles/nvidia-stock-price-buy-sell-microsoft-google-a5d0e558
Paid articlePaid Yellen Says US Can Bring Inflation Down Without Hurting Jobs: Treasury Secretary Janet Yellen said US inflation can come down without requiring a weakening in ...
bloomberg.com/news/articles/2024-04-25/yellen-says-us-can-bring-inflation-down-without-hurting-jobs
Paid articlePaid Musk's X says posts of Australia bishop stabbing don't promote violence: Elon Musk's social media platform X defended publishing posts showing a bishop in ...
reut.rs/3UczrZH
BOJ Holds: The Bloomberg Open, Europe Edition: Good morning. The BOJ holds rates, sending the yen weaker. Big Tech saves the day after the close in New York ...
bloomberg.com/news/newsletters/2024-04-26/boj-holds-the-bloomberg-open-europe-edition
ECB Can Be Out of Sync With Fed for Some Quarters, Noyer Says: The European Central Bank doesn’t have to wait for the Federal Reserve before cutting interest ...
bloomberg.com/news/articles/2024-04-26/ecb-can-be-out-of-sync-with-fed-for-some-quarters-noyer-says
Peckham electrician runs his own company at just 23 years old: A Peckham electrician, who runs his own company at just 23, talks about how much he earns ...
southwarknews.co.uk/area/peckham/peckham-electrician-runs-his-own-company-at-just-23-years-old/
David Pecker Testifies About McDougal and Daniels in Trump Hush-Money Trial: Live Updates
nytimes.com/live/2024/04/25/nyregion/trump-hush-money-trial-news
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
ft.com/content/7a7ba474-7068-46fc-89da-19d87e83f9d3
Quick Glance: South Korea Warns of Collapse of US Subsidies Due to Chinese EV Supply Chain Dominance
- China’s grip on the EV supply chain threatens US subsidies, warns South Korea.
- South Korea warns that China’s control over a crucial battery material will make it nearly impossible for any electric vehicle makers to qualify for President Joe Biden's subsidy scheme.
- The United States announced last week that they will provide up to $6.4 billion in federal subsidies to the South Korean technology giant Samsung Electronics, investing $40 billion in its Texas facilities for cutting-edge logic chips, advanced packaging, and next-generation chip technology research and development.
New EPA rules would force some plants to capture emissions, shut down: Environmental Protection Agency Administrator Michael Regan says new rules that would ...
apnews.com/article/power-plants-coal-natural-gas-biden-epa-5c96ca146e7f70b47806beb4bc3713e6
Quick Glance: New EPA Rules Target Emissions Reduction at Power Plants
- The Biden administration aims to compel coal-fired power plants to capture smokestack emissions or close down.
- The rules target limiting greenhouse gas emissions from fossil fuel power plants and reducing toxic pollutants from coal-fired plants.
- The plan includes measures to reduce carbon dioxide emissions, toxic wastewater pollutants, and safely manage coal ash.
- The actions are expected to face opposition from industry groups and Republican-leaning states, while environmental groups see it as a crucial step in combating climate change.
Microsoft plans to spend even more on AI infrastructure: The company shelled out nearly $11 billion for property and equipment in the third quarter — 66% more ...
businessinsider.com/microsoft-plans-spend-more-ai-infrastructure-capex-earnings-azure-chips-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Southwest Airlines is considering changes to its quirky boarding and seating practices
apnews.com/article/southwest-airlines-changes-boarding-seating-be96c23257a716108dc9c49903a24b3d
Quick Glance: Is Southwest Ending Free Seating?
- Southwest Airlines is seriously considering seating allocation and passenger boarding to enhance its financial performance.
- Unlike most other airlines, Southwest does not have a premium section with higher fares.
- The airline is closely examining customer preferences regarding seating and boarding processes.
- Experts believe that Southwest could potentially earn a significant amount of money by introducing assigned seating.
Mega price targets for Amazon: Should investors take action before the stock goes steep?
boerse-online.de/nachrichten/aktien/mega-kursziele-fuer-amazon-sollten-anleger-zuschlagen-bevor-die-aktie-steil-geht-20356192.html
Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
apnews.com/article/economy-growth-inflation-gdp-consumers-federal-reserve-5a64d255a09313dabe54954060a09530
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Drop in BOJ’s Bond Holdings Gives Market Taste of Quantitative Tightening: Investors in Japanese government bonds have already had a taste of quantitative ...
bloomberg.com/news/articles/2024-04-26/drop-in-boj-s-bond-holdings-gives-market-taste-of-quantitative-tightening
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