Business

‘It’s insulting’: LA Times owner stuns staff with plans to go public  Politico L.A. Times owner says he intends to take newspaper public in coming year  Los Angeles Times Los Angeles Times owner Patrick Soon-Shiong says he will take the newspaper public  ABC7 Los Angeles LA Times Billionaire Owner Plans to Take Newspaper Public  Bloomberg.com L.A. Times Owner Says He Will Take Newspaper Public …

Gen Z is struggling to break into the entry-level job market—but young male college graduates may be hurting the most. The most recent data from the Federal Reserve indicates that the unemployment rate among recent college graduates is on the rise, at about 5.5%. Although it remains lower than the 6.9% rate among all young workers between 22 and 27 …

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Microsoft knew of SharePoint security flaw but failed to effectively patch it, timeline shows  Reuters Disrupting active exploitation of on-premises SharePoint vulnerabilities  Microsoft Microsoft Says Chinese Hackers Exploited Software Flaws  Bloomberg China behind vast global hack involving multiple US agencies  Politico Microsoft flaw ‘opens the door’ for hackers. It will be hard to close  The Seattle Times Source link

Microsoft Says Chinese Hackers Are Behind SharePoint Attacks. What to Know.  Barron’s Disrupting active exploitation of on-premises SharePoint vulnerabilities  Microsoft SharePoint Hacks Turn Up Heat on Microsoft’s Cyber Overhaul  Yahoo Finance China behind vast global hack involving multiple US agencies  Politico Microsoft flaw ‘opens the door’ for hackers. It will be hard to close  The Seattle Times Source link

PJM Auction Procures 134,311 MW of Generation Resources; Supply Responds to Price Signal  PJM Inside Lines AI Boom Drives Power Costs to New Record on Biggest US Grid  Yahoo Finance Large US Grid Lacks Capacity for Data Centers, Watchdog Says  Bloomberg Burzichelli, Zwicker and Smith React to Results of PJM’s Energy Auction  Insider NJ Are You a Customer of PJM? Its Capacity Auction Will …

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US considering removing tax on capital gains on home sales, Trump says  Reuters Trump says he’s considering a new tax break. Here’s how it could impact the housing market.  USA Today Trump floats eliminating capital gains tax on home sales. What would that mean?  CBS News Will Trump Eliminate Capital Gains Taxes For Home Sales? Here’s What To Know  Forbes Trump Looking at Removing …

Kohl’s shares jump as retail traders drive ‘meme-stock’-like rally  Reuters Kohl’s stock soars, triggers early trading halt to join Opendoor as the latest retail meme craze  Yahoo Finance Kohl’s and Opendoor Headline a New Class of Meme Stocks  The Wall Street Journal Shares of department store Kohl’s surge 37% in wild trading  CNBC Bloomberg Businessweek Daily: Meme Stocks Return  Bloomberg Source link

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has confirmed the details of the contract (but not the dollar amount) in an X post on Tuesday and in a company blog post. To recap, on …