US stocks rise to open big earnings week
Wall Street stocks rose early Monday as markets looked ahead to a heavy week of corporate earnings and monitored the positioning of political leaders on the US government shutdown. This week’s earnings calendar includes results from Netflix, Tesla and Procter & Gamble. A Factset analysis of earnings forecasts and results projected third-quarter growth of 8.5 […]
Celebrating Hispanic Heritage Month with Daniel Gomez — From TV Detective to Filmmaker
As Hispanic Heritage Month shines a spotlight on Latino creators breaking barriers across industries, Dallas native Daniel Gomez stands out as a powerful example of reinvention and perseverance. For decades, Gomez has built a reputation as a sharp-minded private investigator and charismatic television personality, captivating national audiences as the lead detective on hit TV shows […]
Google to invest $15 bn in India, build largest AI hub outside US
Google said Tuesday it will invest $15 billion in India over the next five years, as it announced a giant data centre and artificial intelligence base in the country. “It is the largest AI hub that we are investing in anywhere outside of the US,” Google Cloud CEO Thomas Kurian said at a ceremony in New […]
Trump tariffs on timber, furniture take effect
US President Donald Trump’s fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in an already challenging market. The duties were imposed to boost US industries and protect national security, according to the White House, and they broaden a slate […]
After 19 Days, West Texas Oil Well Finally Plugged; Experts Slam Oversight and Contractor Liability
A Kinder Morgan-operated oil well in West Texas has been sealed after 19 days of uncontrolled emissions, an episode that reignited criticism over the environmental risks posed by so-called “orphan wells” — abandoned sites without a responsible operator. The leak occurred about five miles west of Toyah in Reeves County, where workers reported visible discharges […]
EU wants key sectors to use made-in-Europe AI
The EU on Wednesday told European businesses in critical sectors to ramp up their uptake of artificial intelligence and pushed for the bloc to cut its dependence on foreign AI providers. Although the European Union is falling behind the United States and China, Brussels believes the bloc can still compete in the global AI race. […]
White House promises US-controlled TikTok algorithm
The White House on Monday said a US version of TikTok would feature a homegrown model of the app’s prized algorithm, potentially clearing one of the main obstacles to keeping the Chinese-owned platform online in the United States. Often described as TikTok’s “secret sauce,” the fate of the video-sharing app’s algorithm was one of the […]
YouTube to reinstate creators banned over misinformation
YouTube is set to reinstate creators previously banned for promoting Covid-19 misinformation and false election-related content, according to a letter sent Tuesday by parent company Alphabet to a Republican lawmaker. The policy reversal marks a victory for the conservative allies of US President Donald Trump, who have long accused tech platforms and professional fact-checkers of […]
Trump allies to control TikTok under new US deal
Donald Trump on Thursday signed an executive order laying out a proposed deal for a US version of TikTok that would see Chinese ownership reduced to 20 percent and put control in the hands of the president’s allies. At a signing ceremony at the White House, Trump said the US version of the app would […]
US federal workers apply for loans as shutdown hits military morale
Now into its second week, the US government shutdown has started impacting federal workers, prompting some to take out new loans to help make ends meet. Hundreds of thousands of federal employees have been furloughed since the shutdown began on October 1, while others deemed essential — including some military personnel — have been required […]
