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Sen. Tim Scott wants to hear from Warsh on data centers and artificial intelligence
Sen. Tim Scott, R-S.C., will host Kevin Warsh before the Senate Banking Committee on Wednesday for his first time testifying as Fed chairman.
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Inflation had its biggest monthly decline in six years. What Wall Street is saying now
June’s inflation report was not what many on the Street expected, in a good way.
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De Beers halts diamond production at flagship South African mine for two years
Production will stop for two years at the mine which employs more than 4,000 people.
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United Airlines’ new upsell: Keeping other travelers out of the middle seat
United Airlines will allow customers to pay more to keep the middle seat open on its Airbus A321XLRs
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Frontier Airlines to debut in-flight Wi-Fi in 2027 with SpaceX’s Starlink
Frontier is signing with Starlink for in-flight Wi-Fi, with service debuting as early as next year.
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SpaceX alumni building remote-controlled construction equipment land $115 million fund round
TerraFirma on Tuesday said it raised $115 to support new hires and the building of a new factory and mission control center.
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IBM warns AI boom is squeezing software budgets; shares slump in sector rout
July 14 : IBM said it had “faltered” in keeping pace with a shift in corporate spending toward data-center infrastructure from software and forecast second-quarter revenue below estimates, the clearest sign yet of AI’s growing toll on the sector.The warning triggered a 22 per cent slump in IBM’s shares and a
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Analysis:US state officials fear Paramount-Warner deal will squeeze local movie theaters
July 14 – U.S. states suing to block Paramount’s merger with Warner Bros Discovery argue that the deal could squeeze local movie theaters, which are still struggling to sell as many tickets as they did before the pandemic. “While ticket prices will most likely go up, theaters will be forced to cut back o
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United sign goalkeeper Darlow on two-year deal
July 14 : Manchester United have signed goalkeeper Karl Darlow on a two-year contract following his departure from Leeds United, the Premier League club said on Tuesday.• The Wales international left Leeds after the expiry of his contract in June, having made 38 appearances for Daniel Farke’s side since joi
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Nine EU nations urge funding cut for sports bodies including IOC over readmitting Russians
July 14 : Nine European nations have asked the European Union to cut funding to sports bodies including the International Olympic Committee that let Russian and Belarusian athletes return to competition, Estonia’s ministry of culture said on Tuesday.Addressed to European Commissioner for Intergenerational Fai
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