Canada to Tighten Foreign Investment Rules in Ai Space Technology Sectors Bloomberg Reports
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Honda Commits to E.V.s With Big Investment in Canada
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.The New York Times - Business -
Breakthrough MRI technology uses AI for faster scans
NYU Langone Health and Meta have developed a new type of MRI that dramatically reduces the time needed to complete scans through artificial intelligence. CBS News correspondent Anne-Marie Green reports.CBS News - Top stories -
China's Tiangong space station damaged by debris strike: report
Yahoo News - World - China -
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.The New York Times - Business - Microsoft -
Microsoft's profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.
Microsoft’s profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.The Wall Street Journal - World -
Canada's 'Extremely Mature' Grocery Market Leads Some Foreign Players to Pass on Entry
Canadian officials are likely to get cold shoulders without some package of financial incentives, analysts said.The Wall Street Journal - World -
Canada's 'Extremely Mature' Grocery Market Leads Some Foreign Players to Pass on Entry
Canadian officials are likely to get cold shoulders without some package of financial incentives, analysts said.The Wall Street Journal - Business -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Intel reports 9% YoY Q1 growth, driven by computing, AI and edge products
Intel announced its earnings under its new financial structuring model as it seeks to establish itself as a leader in AI hardware.VentureBeat - Tech -
How TikTok’s Chinese owner tightened its grip on the app
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownershipFinancial Times - Business - Tiktok -
How TikTok’s Chinese owner tightened its grip on the app
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownershipFinancial Times - World - Tiktok -
Wrexham schedules 3 games in US and Canada in July
Ryan Reynolds and Rob McElhenney are taking Wrexham back to the United States this summerABC News - Sports -
Labour plans to retain key private sector role in Britain’s nationalised railways
The party has no proposals for state involvement in the companies that own the trainsFinancial Times - World -
Labour plans to retain key private sector role in Britain’s nationalised railways
Party has no proposals for state involvement in companies that own trainsFinancial Times - Business -
In Ukraine, New American Technology Won the Day. Until It Was Overwhelmed.
Project Maven was meant to revolutionize modern warfare. But the conflict in Ukraine has underscored how difficult it is to get 21st-century data into 19th-century trenches.The New York Times - Tech - Ukraine -
Honda to build $11 billion electric vehicle hub in Canada
Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.CNBC - Business -
Air Canada apologizes after headdress of First Nations chief removed to hold
Politicians decry ‘shameful’ incident on domestic flight in which Cindy Woodhouse Nepinak’s headdress was taken by airline staff. Canada’s largest airline has apologized to a prominent First Nations chief after her ceremonial headdress was removed ...The Guardian - World -
Orca calf successfully returned to open water after bold rescue in Canada
Two-year-old calf one step closer to reuniting with family group after tragic accident that left her stranded in remote lagoon. An orca calf, trapped for weeks in a remote lagoon in western Canada, has freed herself and is travelling towards open ...The Guardian - World -
Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech
ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.CNBC - Business -
Is it too late to invest in the gold rush?
Demand from China drove prices to a record high this month — now many suspect the normal rules no longer applyFinancial Times - Business -
Is it too late to invest in the gold rush?
Demand from China drove prices to a record high this month — now many suspect the normal rules no longer applyFinancial Times - World -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
Former Reddit CEO Ellen Pao says the tech sector’s DEI push is alive and well
Despite some signs of wavering commitment to corporate diversity, equity and inclusion initiatives, former Reddit CEO Ellen Pao is bullish on DEI in the tech space.MarketWatch - Business -
The federal government granted Micron Technology $6.1 billion to build two chip-making facilities in New York and one in Idaho.
The federal government granted Micron Technology $6.1 billion to build two chip-making facilities in New York and one in Idaho.The Wall Street Journal - World - New York -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
China Repairs Space Station Damaged by Debris Strike
Yahoo News - World - China -
3 gold investing mistakes to avoid right now
Looking to make a successful investment in gold? Then be sure to avoid making these simple mistakes.CBS News - Top stories -
Gold's price is high. Is it still safe to invest in?
Gold has long been thought of as a safe investment. But is it still safe after recent price growth? Find out here.CBS News - Top stories -
Net Neutrality Rules Restored by FCC
The Federal Communications Commission reverses a Trump-era decision that restores open internet access rules first passed in 2015.Inc. - Business -
Federal auto-safety regulators are examining the adequacy of Tesla's recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.
Federal auto-safety regulators are examining the adequacy of Tesla’s recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.The Wall Street Journal - World -
It’s not only AI that hallucinates
Human memory is also fallible but people and machines can learn to complement each otherFinancial Times - Business -
The Morning Risk Report
Foreign aid package comes with new sanctions risks for companies, and workers get ready to switch jobs but employers are fighting to stop them. Also, Swedbank to integrate operations tackling financial crime.The Wall Street Journal - World -
New EPA Emissions Rules Squeeze Coal Plants
The measures, which come as power demand is surging, will force coal plants to adopt costly technology or shut down.The Wall Street Journal - World -
Will the Supreme Court rule that Donald Trump is above the law?
Also in today’s newsletter, as traders build up bets of another rate increase we consider what it means for BidenFinancial Times - World - Donald Trump -
New EPA Emissions Rules Squeeze Coal Plants
The measures, which come as power demand is surging, will force coal plants to adopt costly technology or shut down.The Wall Street Journal - Business -
Baffert's Muth out of Kentucky Derby after ruling
A Kentucky appeals court judge has denied Zedan Racing Stables' requests for an emergency hearing and ruling that sought to allow Bob Baffert-trained Arkansas Derby winner Muth to run in next week's Kentucky Derby at Churchill Downs.ESPN - Sports -
FCC votes to restore net neutrality rules
The Federal Communications Commission (FCC) voted Thursday to restore Obama-era net neutrality rules. The agency voted 3-2 along partisan lines to revive rules barring broadband providers from blocking or throttling internet traffic to some ...The Hill - Politics -
F.C.C. Votes to Restore Net Neutrality Rules
Commissioners voted along party lines to revive the rules that declare broadband as a utility-like service that could be regulated like phones and water.The New York Times - Tech