World's largest sovereign wealth fund posts $138 billion in first half profit as AI demand boosts tech
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CNBC - Business
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft, BlackRock and Abu Dhabi's investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.Yesterday -
The Hill - Politics
Republicans question proposal to boost Secret Service funding
Some Republicans are questioning whether a boost in spending for the Secret Service as part of the upcoming government funding bill would help protect former President Trump in the immediate term. ...Yesterday - Republican Party -
MarketWatch - Business
The second-largest economy in the world just raised its retirement age. American workers should take notice.
The U.S. is facing a similar retirement crisis, and there’s no easy solution.Yesterday -
The New York Times - Business
$50 Billion in Aid to Ukraine Stalls Over Legal Questions
U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.Yesterday - Ukraine -
Financial Times - Business
BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure
Nvidia and Abu Dhabi-backed MGX will join effort as energy-intensive tech strains power and data gridsYesterday - Microsoft -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...Yesterday -
CNBC - Business
Harris-Trump election has Big Tech 'at a crossroads' after slump in dealmaking
With regulators making it hard for large tech companies to do significant deals, M&A transaction volume in the industry continues to drop.Yesterday - Donald Trump -
VentureBeat - Tech
EA aims to double audience to over 1 billion in 5 years
Electronic Arts unveiled its EA Sports App for connected entertainment beyond gaming will begin testing this fall.Yesterday -
ABC News - World
Bangladesh opposition party rallies to demand a new election
Thousands of activists and opposition leaders from the Bangladesh Nationalist Party have rallied in the capital, DhakaYesterday -
Yahoo Sports - Sports
Fantasy Football Week 3 Rankings (Half-PPR)
The experts of Yahoo Fantasy reveal their fantasy football rankings at each position in Week 3 of the 2024 season.Yesterday - Fantasy Football -
Financial Times - Business
Profit outlook dents THG as it considers separating Ingenuity arm
Ecommerce group says it is ‘progressing options’ to demerge divisionYesterday -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
Inc. - Business
Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act
As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some semiconductor manufacturing securely and reliably based in the U.S., with ...Yesterday -
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BBC News - Top stories
More than 140 Post Office convictions could be quashed in Scotland
Sub-postmasters across the UK were wrongly accused of crimes such as theft or fraud on the basis of a faulty IT system.Yesterday -
The Wall Street Journal - World
'Pig-Butchering' Scams Cost Americans Billions. This Lawyer Is Taking Them On.
Prosecutor Erin West has been one of the few to have any success against the overseas criminal networks perpetrating a new type of fraud.Yesterday -
BBC News - Top stories
Instagram teen accounts and posts to be made private by default
Meta says parents will be able to "guide" a safer experience - critics say the firm itself should do more.Yesterday -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
The Guardian - World
Lucy Letby: mother of murdered baby demands apology over hospital ‘failings’
Mother of Child D describes feeling she was ‘losing mind’ as she pushed for investigations. The mother of a baby girl murdered by Lucy Letby has demanded an apology from the hospital for “dozens” ...Yesterday -
NBC News - Top stories
Putin orders Russian army to expand to become the world's second largest
The Kremlin said Tuesday that an order by President Vladimir Putin to transform Russia’s army into the second largest in the world was needed to address growing threats on Russia’s western borders ...Yesterday - Russia -
BBC News - Top stories
Right to WFH boosts productivity, Labour says
Firms should "judge people on outcomes, not presenteeism", Jonathan Reynolds insists.Yesterday -
The Wall Street Journal - Business
Cigna Demands FTC Retraction in Escalating Drug-Price Fight
The FTC report said the companies responsible for controlling spending on drugs were sometimes steering patients toward more expensive medicines.Yesterday -
Financial Times - Business
Von der Leyen gives top economic jobs to interventionist EU countries
France, Italy and Spain to share influential portfolios in next European CommissionYesterday - European Union -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.Yesterday -
CNBC - Business
CNBC Daily Open: Rate cuts might not benefit tech the most
Technology stocks benefit the most from low interest rates, conventional market wisdom says. But that might not hold true this cycle.Yesterday -
BBC News - Top stories
Indian state accepts key demands of protesting doctors in rape case
The West Bengal government has agreed to remove a top police officer and two senior health officials.Yesterday -
Financial Times - Business
Sports group backed by Saudi wealth fund seeks stake in European basketball
EuroLeague is looking to sell minority holding worth €1bn, but PIF’s SURJ firm faces competition from BC Partners2 days ago -
BBC News - Top stories
Elon Musk deletes X post about Harris and Biden
The tech tycoon has deleted the post about assassination attempts on the president and vice-president, saying it was a joke.2 days ago - Joe Biden -
CBS News - Top stories
White House seeks to boost Secret Service funds after 2nd Trump shooting
The Biden administration is asking Congress to increase Secret Service funding following Sunday's apparent assassination attempt on former President Donald Trump. This request comes about two weeks ...2 days ago - Donald Trump -
The Wall Street Journal - Business
Microsoft Boosts Dividend, Authorizes Buyback of Up to $60 Billion
Microsoft will raise its quarterly payout by about 11% and begin a new stock-buyback program.2 days ago - Microsoft -