nemzetkozi-gazdasagSpaceX, in First Earnings After IPO, Reports Soaring AI Spending
Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.
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Meta fined $567m in largest child safety ruling against social media giant
A New Mexico judge ordered the Instagram, Facebook and Whatsapp parent company to pay another $567m for the way it has harmed children.
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nemzetkozi-gazdasag'I feel like I dug my own grave': The workers caught in the AI transition
AI is reshaping the Philippines’ outsourcing industry, raising questions over the future of the industry.
nemzetkozi-gazdasagS&P 500 Hits Record High as Stock Market Worries About Iran and AI Ease
The S&P 500 rose 1.8 percent, pushing past its previous peak at the start of June and capping a big turnaround from a recent sell off in technology stocks.
nemzetkozi-gazdasagGovernment contracts to require job creation instead of green targets under new rules
Louise Haigh says taxpayer money must benefit local communities amid backlash from environmental groups Ministers will scrap the requirement for companies to prove their green and progressive values before they are awarded government contracts, and instead ask firms to prove they will help young people back into work. As part of a government push to reduce the number of people not in education, employment or training (Neets) in the UK and boost regional growth, public sector buyers will double the consideration they give to whether companies will get more people into jobs, rather than if they can show they are improving social and environmental wellbeing. Government procurement contracts account for about £90bn of taxpayers’ money spent each year. Continue reading…
nemzetkozi-gazdasagAppeals Court Says E.P.A. Cannot Block Billions in Climate Grants
The funds have been frozen since early in President Trump’s second term.
nemzetkozi-gazdasagJudge Sets Paramount-Warner Bros. Merger Trial for March
Paramount, which struck a $111 billion deal to acquire Warner Bros., had requested a November trial for an antitrust lawsuit brought by state attorneys general.
nemzetkozi-gazdasagThe Fifa family: which confederations could support Infantino or turn against him?
Gianni Infantino is under increasing scrutiny following his World Cup sell-off plan. We look at each confederation’s relationship with the president The pressure is growing on the Fifa president, Gianni Infantino, with many countries withdrawing their support following the bungled World Cup sell-off. However, how key is Infantino’s relationship with each confederation and is it likely that an election contest will actually happen? We look at the key considerations, confederation by confederation. Continue reading…
nemzetkozi-gazdasagMedicaid Urges States to Increase Autism Therapy Oversight
The program’s spending on the therapy has quintupled since 2021, far outstripping the growth in diagnoses and raising concerns about overprescribing and fraud.
nemzetkozi-gazdasagSailors Working in Strait of Hormuz Are Caught in Crossfire of Iran War
Thousands of civilian workers remain stranded on ships at risk of attack by Iran. On one vessel, sailors have been held by the Iranian navy for more than three months.
nemzetkozi-gazdasagJustice Dept. Charges Doctor in $95 Million Skin Substitute Fraud Scheme
Dr. Stephen Dubin, a wound care doctor in Nevada, is accused of applying unneeded, expensive wound coverings to seniors. He used the profits to buy yachts, the department said.
nemzetkozi-gazdasagWarsh Wanted ‘Regime Change.’ A Reset Might Need to Come First.
After his latest appearance set off a bout of volatility, Kevin M. Warsh, the chairman of the Federal Reserve, is under pressure to clear up mixed signals about his commitment to getting inflation down.
nemzetkozi-gazdasagStocks Rally as Investors Grow Hopeful About a Hormuz Deal
The price of oil fell sharply on hopes that talks were progressing on reopening the Strait of Hormuz.