Trump Says Contractor Error Behind Reflecting Pool Damage
Pirro also said the damage appeared to have resulted from contractor mistakes during renovation work rather than deliberate vandalism.
Business
Nvidia Backs $500 Billion AI Infrastructure Funding Push
Nvidia shares fell more than 3% during Monday afternoon trading, while some of the financial firms declined to comment.
Intel Seeks $15 Billion As AI Infrastructure Spending Accelerates
The company said the proceeds will support corporate needs, including capital spending and working capital
What Happened When Zuckerberg’s Yacht Missed An Alaska Rescue Call
The 387-foot Launchpad was reportedly closer to the stranded 21-foot skiff than the vessel that eventually responded
AI Security Concerns Grow As OpenAI Restricts New Model Testing
The move comes after several AI security incidents.
UEFA, CONCACAF And AFC Demand FIFA Accountability
In an open letter, the soccer governing bodies criticized FIFA's handling of the now-abandoned FIFA Forward Enterprise proposal
What Is Driving Volkswagen's Biggest Restructuring In Decades
Volkswagen is considering cutting up to 100,000 jobs, double earlier estimates, as part of one of the most significant overhauls in its 89-year history.
US Jobless Claims Rise Slightly As Layoffs Stay Historically Low
The report said weekly claims have generally remained within a range of 200,000 to 250,000 since the recovery from the pandemic recession.
FIFA President Infantino Faces Growing Calls To Resign
UEFA said its threat to boycott FIFA competitions remains in place because FIFA has not guaranteed that similar proposals will not be made again
Palo Alto Networks Faces Chinese Cybersecurity Investigation
China's Cyberspace Administration said the investigation aims to protect critical infrastructure, prevent cybersecurity risks and safeguard national security.
$1B Savings Drive Announced By World's Largest Spirits Maker
CEO Dave Lewis said the company is adopting a leaner and more competitive operating model to strengthen long-term performance.
Tech Leaders Claim AI Is Entering A Historic Phase
Frontier AI models are already contributing to scientific research and helping improve future AI systems
Mamdani Purges Business Leaders To Cement Socialist Control Of NYC
Bloomberg reported that Mamdani had eliminated all the businessmen and various other civic leaders from the Mayor’s Fund to Advance New York City board of advisers.
SoftBank Profit Beats Estimates On Intel Investment Gain
Net profit for the June quarter reached $2.2 billion, surpassing analysts' expectations despite declining nearly 18% from a year earlier.
Google Reshuffles AI Leadership As Jeff Dean Departs
Demis Hassabis, CEO of Google DeepMind, will become chairman of DeepMind while also taking on the role of Alphabet's chief scientist.
ADP: Private Employers Added Only 44,000 Jobs In July
The services sector accounted for all net job gains, adding 47,000 positions, while goods-producing industries shed 3,000 jobs.