Business

The political division in the US Congress over digital assets seems to be deepening as top Democrats in the House of Representatives have announced their agenda following Republicans’ push to address three crypto-related bills starting on Monday. In a Friday notice, House Financial Services Committee ranking member Maxine Waters and the digital assets subcommittee ranking member Stephen Lynch said they …

Exclusive | SpaceX to Invest $2 Billion Into Elon Musk’s xAI  The Wall Street JournalView Full Coverage on Google News Source link

You Saved and Saved for Retirement. Now You Need a Plan to Cash Out.  The New York Times 6 Key Signs You’ll Run Out of Retirement Funds Too Early  Yahoo Finance This Money Move Virtually Guarantees Your Savings Will Last Through Retirement  Nasdaq Longer Lives and Fewer Pensions Spark a Boom in Retiree Bankruptcies  Next Avenue Reasons Retirees Are Going Broke Faster Than Ever  inkl …

Firefly Aerospace Files Registration Statement for Proposed Initial Public Offering  Firefly Aerospace Space and defense firm Firefly’s US IPO filing reveals 2024 revenue growth  Reuters Rocket maker Firefly Aerospace files to go public under ticker FLY  CNBC Spacecraft and Rocket Company Firefly Aerospace Files for IPO  Bloomberg Firefly Aerospace files for an IPO  Yahoo Finance Source link

Intel increases Oregon layoffs by nearly 4 times as much  KGW Intel now to lay off nearly 2,400 employees in Oregon  KATU Intel bombshell: Chipmaker will lay off 2,400 Oregon workers  OregonLive.com Intel ramps up layoff plans, nearly 2,400 people expected to be impacted  KPTV Intel expands layoffs, cutting more than 10% of Oregon workforce  Oregon Public Broadcasting – OPB Source link

In yet another unexpected turn of events, Jeff Bezos is now embracing a new hairstyle. While he’s known for his bald look, and has been recognized as such for well over a decade, he’s embracing a whole new look after his and Lauren Sánchez’s controversial, $50 million Venice wedding. In photos obtained by EOnline, we can see that Bezos has …

An anonymous reader shares a report: JPMorgan Chase boss Jamie Dimon did not pull his punches when he spoke at Ireland’s Department of Foreign Affairs. “You’re losing,” he said of European competitiveness with the U.S. and Asia, in comments reported by the Financial Times. “Europe has gone from 90% U.S. GDP to 65% over 10 or 15 years. That’s not …

Welcome back to Week in Review! We’ve got tons of news for you this week, including a shakeup at X, Hugging Face’s new robot, new phones from Nothing and Samsung, and a whole lot more. Have a great weekend! Off to do something else: X CEO Linda Yaccarino stepped down this week after a tumultuous two-year tenure marked by advertiser …

NEW YORK — Walmart is recalling about 850,000 stainless steel water bottles because the lid can “forcefully eject” and unexpectedly strike consumers — resulting in permanent vision loss for two people to date. The recall covers Walmart’s “Ozark Trail 64 oz Stainless Steel Insulated Water Bottles,” which have been sold at the chain’s stores across the country since 2017. According …

SpaceX to invest $2 billion in Musk’s xAI startup, WSJ reports  ReutersView Full Coverage on Google News Source link