Tag: business news
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Trump pledges rapid U.S. response for Venezuela after historic earthquakes kill dozens
The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.
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Anthropic’s latest hiring spree reveals where it’s building AI data centers next
The AI lab is hiring for AI data center roles in Australia and Japan as it rushes to expand compute capacity overseas.
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Iran declares new Hormuz route ‘unacceptable and dangerous,’ warns against ships transiting without approval
The stern warning underscores Tehran’s resolve to retain control over the Strait of Hormuz and to resist transits that bypass its authorization.
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Investors still seek a human touch even with AI tools at hand: HSBC
Investors are still turning to the judgment of a professional adviser in their last investment decision, despite using AI tools, a HSBC survey found.
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Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming
Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.
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Buildings collapse as quakes rock Venezuela, ‘high casualties’ likely
A magnitude 7.2 earthquake struck about 160 km (100 miles) west of Caracas, with a magnitude 7.5 tremor hitting less than a minute later, according to the U.S. Geological Survey (USGS).
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Chip supply to stay constrained ‘beyond 2027,’ Micron executives say
Demand driven by artificial intelligence will keep conditions tight beyond calendar year 2027, said CEO Sanjay Mehrotra.
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South Korea’s IPO bust clouds equity markets as Chaebol structure restrains listings
South Korea’s IPO activity has lagged that of its regional peers as the structure of the market and governance reforms collide.
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Identity theft victims face ‘unconscionable’ IRS delays, report says
Victims currently face wait times of almost two years to resolve their cases, according to the National Taxpayer Advocate.
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Qualcomm announces AI data center CPU, signs Meta as first major customer
Qualcomm’s primary business has been smartphones, which accounted for two-thirds of the company’s product revenue in it’s most recent quarter.
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