Porsche’s Operating Profits Are Down 99 Percent This Year Road & Track Porsche Swings to Near €1 Billion Loss After EV Pullback Bloomberg.com Crisis-hit Porsche plunges to $1.1 billion quarterly loss Reuters Porsche Skids to Loss on Bad EV Bet, Tariffs The Wall Street Journal Porsche falls into the red after it shifts focus from EVs to petrol engines Financial Times Source link
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Microsoft says it’s serious about turning Windows 11 into an “AI-native” operating system – Windows Latest
Microsoft says it’s serious about turning Windows 11 into an “AI-native” operating system Windows Latest Making every Windows 11 PC an AI PC Windows Blog As Microsoft Forces Users to Ditch Windows 10, It Announces That It’s Also Turning Windows 11 into an AI-Controlled Monstrosity Futurism Microsoft launches new AI upgrades to Windows 11, boosting Copilot Reuters Microsoft’s Notepad, Photos, and Paint Apps Are …
Read More »Harvard posts biggest operating loss in 14 years as Trump cuts bite – Axios
Harvard posts biggest operating loss in 14 years as Trump cuts bite Axios Harvard’s Wealth Is Growing, Despite Trump’s Attacks on Its Funds The New York Times Harvard’s endowment rose to $56.9 billion. The university is still facing extraordinary financial pressure. The Boston Globe Harvard suffers $113mn loss after Trump’s cuts to research funding Financial Times Harvard faces $113 million deficit amid Trump administration …
Read More »Office of Public Affairs | Chairman of Prince Group Indicted for Operating Cambodian Forced Labor Scam Compounds Engaged in Cryptocurrency Fraud Schemes
An indictment was unsealed today in federal court in Brooklyn, New York, charging UK and Cambodian national Chen Zhi, also known as Vincent, 37, the founder and chairman of Prince Holding Group (Prince Group), a multinational business conglomerate based in Cambodia, with wire fraud conspiracy and money laundering conspiracy for directing Prince Group’s operation of forced-labor scam compounds across Cambodia. …
Read More »Judiciary Still Operating as Shutdown Starts
Updated: Oct. 1, 2025 at 12:35 p.m. Despite a federal government shutdown that began on Oct. 1, the Judiciary remains open and will continue paid operations through Friday, Oct. 17, by using court fee balances and other funds not dependent on a new appropriation. Most proceedings and deadlines will occur as scheduled. In cases where an attorney from an executive …
Read More »US takes a stake in another company, this one is operating a massive lithium mine in Nevada
The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in northern Nevada. The Department of Energy will take a 5% equity stake in the miner, which is based in Vancouver. It will also take a 5% stake in the Thacker Pass lithium mining project, a joint …
Read More »Nuclear Scientists Reveal Autonomous Microreactors Operating Without Human Control
IN A NUTSHELL 🔬 Scientists developed a physics-based algorithm for nuclear microreactors to adjust power autonomously. ⚙️ The MPC controller optimizes control drum rotation to manage reactor power levels. 🧪 Testing showed the algorithm maintained power within 0.234 percent of the target without AI. 🌍 Potential applications include remote locations and military installations, enhancing energy efficiency. In a significant advancement …
Read More »The case for modernizing the FOMC’s operating target rate
Speech by President Lorie Logan Lorie K. Logan Dallas Fed President Lorie K. Logan delivered these remarks at the Federal Reserve Bank of Richmond CORE Week Workshop: The Fed’s Balance Sheet. Thank you for inviting me to participate in this important workshop. These in-depth discussions about how the Fed implements monetary policy are incredibly valuable. I’m going to get back …
Read More »United Airlines says Newark Liberty International Airport is ‘operating better than ever’
Facebook Tweet Email Link United Airlines has completed an “operational turnaround” at Newark Liberty International Airport after air traffic control problems and construction led to thousands of canceled flights earlier this year. “Newark is operating better than ever and United’s future here is bright,” CEO Scott Kirby said according to a statement in advance of an event Tuesday morning at …
Read More »Opendoor Technologies Snags Shopify Operating Chief Nejatian as CEO – The Wall Street Journal
Opendoor Technologies Snags Shopify Operating Chief Nejatian as CEO The Wall Street Journal Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30% CNBC Stocks to Watch Thursday: Opendoor, Oracle, SoftBank The Wall Street Journal Opendoor taps Shopify’s Nejatian as CEO; Shares jump 37% Investing.com Shopify chief operating officer is leaving the company The Globe and Mail Source link
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