Business
U.S. stock futures were edging up Wednesday morning, reversing sharp early losses as Democrats scored key victories in the midterm elections and the Fox News Decision Desk projected the party will take control of both chambers of Congress. S&P 500 futures were up 0.35%, while Nasdaq-100 futures rose 0.16%. Futures…
U.S. stock futures fell sharply as Democrats scored key victories in the midterm elections and the Fox News Decision Desk projected the party will take control of both chambers of Congress. S&P 500 futures fell 1.3%, while Nasdaq-100 futures dropped 2.2%. Futures tied to the Dow Jones Industrial Average slid…
The Army and a U.S.-based rare earth minerals and materials company on Tuesday took a step toward developing a heavy rare earth processing facility at a location in Utah as the U.S. looks to source the critical minerals outside of China. REalloys Inc. and the Army executed a non-binding term…
The winner of the Congressional elections is not yet known, but I was interested in an interview today with Congresswoman Debbie Dingell on Fox News. Here’s what she said: “The first thing we’re gonna do in the first 100 hours as Democrats, I do believe for sure we will win…
A tiny fraction of people end up becoming professional athletes, but Connor Renton wants to help anyone experience what it feels like to be one. The 28-year-old Toronto native played rugby and hockey in his youth, but he came up with the idea of creating a recreational basketball league that…
Former Army Secretary Dan Driscoll is joining the artificial intelligence company OpenAI in a national security-related role, the organization announced on Monday. “Dan Driscoll will join OpenAI as Senior Counselor for National Security Modernization, working with senior leadership and external partners to advise on how advanced AI can strengthen national…
Outback Steakhouse parent company Bloomin’ Brands is moving to acquire 61 restaurants operated by a major franchisee that filed for Chapter 11 bankruptcy protection. Out West Restaurant Group, which operates Outback Steakhouse locations across the western United States, filed for bankruptcy protection in Delaware on Monday, according to a filing…
Voters across America are casting their ballots in the midterm elections on Tuesday, which will determine control of Congress and could add to investors’ concerns about oversight of the artificial intelligence (AI) sector and how the debt ceiling will be addressed next year. Since President Donald Trump’s second term began…
Binance says hackers used a fake job interview to compromise an employee’s computer before exploiting an internal artificial intelligence tool to carry out unauthorized transactions in a $6.3 billion cryptocurrency heist. The theft, which could rank among the largest financial heists in history, according to Reuters, has raised concerns about…
Binance co-CEO Richard Teng addressed the public for the first time Tuesday following a historic cyber theft exceeding $6 billion, confirming the company is absorbing 100% of the losses with no customer balances compromised. “First of all, this should not have happened, and we apologize to our users for the…