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U.S. to Curb AI Investment in China Soon
Some technologies and financial commitments will be blocked, based on President Biden’s 2023 executive order to keep American expertise from helping the Chinese military.Business - Inc. - October 22 -
The Untimely Death of Product Management
Tech execs ask: Why have product managers when you can just keep using AI?Business - Inc. - October 22 -
Skeleton crew: California driver nabbed for using carpool lane with plastic effigy
Highway patrol says carpool lanes are for ridesharing for living humans, not lifeless bony impostors. Drivers looking to beat California’s endless traffic can use designated carpool lanes, provided ...World - The Guardian - October 16 -
Sweden abolishes tax on plastic bags despite warnings usage could rise
Levy that reduced usage by more than three-quarters in four years fell victim to rightwing culture wars, say critics. A tax that has reduced plastic bag consumption in Sweden by more than ...World - The Guardian - October 31 -
Dozens of brands come with a side of dangerous plastics, report finds
Food and cosmetics from dozens of major retailers come wrapped in potentially dangerous plastics, a new report has found. More than 17 retailers have taken no steps to protect their customers from ...Politics - The Hill - 14 hours ago -
Bengals' Ja'Marr Chase speaks out amid Jermaine Burton drama, says rookie must get his 'head screwed on right'
Burton was inactive for Sunday's win over the Raiders due to disciplinary reasonsSports - CBS Sports - November 6 -
Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says
Kevin Hassett, who was Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019, agreed with Trump’s view that the Federal Reserve has acted politically in recent ...Business - MarketWatch - October 19 -
Apple analyst Kuo says company cut iPhone 16 orders by 10 million units
Apple shares slid Wednesday after industry supply chain analyst Ming-Chi Kuo said the company has cut orders for the iPhone 16 by about 10 million units.Business - CNBC - October 23 -
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A Dutch government watchdog says the Netherlands is unlikely to hit a 2030 target for emissions cuts
The Dutch government’s climate watchdog is warning that the Netherlands is “very unlikely” to achieve a European Union-mandated reduction in greenhouse gas emissions by 2030 unless it takes urgent ...World - ABC News - October 24 -
Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - October 28 -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
Larry Fink says the Fed won't cut interest rates as much as markets expect this year
"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.Business - CNBC - October 29 -
Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.Business - CNBC - October 30 -
Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts
The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expensesBusiness - MarketWatch - October 30 -
Possible Trump Treasury secretary says he'd work with Musk to cut federal spending
Hedge fund founder John Paulson, an ally of former President Trump, said in a new interview that he will work with tech billionaire Elon Musk to “reduce federal spending” if tapped to serve as ...Politics - The Hill - October 30 -
Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.Business - CNBC - November 7 -
Minneapolis Fed president says another interest rate cut in December is "certainly possible"
Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" ...Top stories - CBS News - 4 days ago -
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States Revive Lawsuit to Sharply Curb Access to Abortion Pill
The Supreme Court ruled in June that the original plaintiffs, anti-abortion doctors and groups, did not have standing to sue. Now three states are trying to continue the legal fight.Business - The New York Times - October 21 -
Pakistan’s government curbs judiciary’s power after alleged harassment of MPs
Coalition will now be able to hire and fire judges but faces accusations it bribed and abducted lawmakers to get its way. Pakistan’s government has passed a controversial amendment to the ...World - The Guardian - October 21 -
U.S. proposals to curb AI, semiconductor investment into China under final review
The proposals are part of the Joe Biden administration's efforts to restrict the flow of U.S. capital, technology and expertise into China.Business - CNBC - October 22 -
California Tribal Casinos May Sue to Curb City Card Rooms
A new state law allows tribes to file suit against gambling venues they don’t operate, potentially shuttering them and jeopardizing local tax revenue.Top stories - The New York Times - October 23 -
Under Trump or Harris, U.S. Asylum Curbs Are Likely to Endure
As administrations of both parties have failed to overhaul the nation’s immigration laws, a reckoning for the asylum system, which some say is overdue, seems inevitable.Top stories - The New York Times - October 28 -
Newsom signs executive order to curb electricity costs for Californians
California Gov. Gavin Newsom (D) on Wednesday signed an executive order that aims to provide residents with some respite amid rising electricity prices. That anticipated relief would be achieved ...Politics - The Hill - October 31