Spending among Americans is holding up despite the volatility of the Iran war — at least according to two giant US consumer brands. Disney said demand at its parks and resorts is healthy, while Uber’s CEO said spending on rides and delivery orders remains “really strong… we don’t see any ...
Month: May 2026
China renews call for the Strait of Hormuz to reopenChina renews call for the Strait of Hormuz to reopen
China pushed for the reopening of the Strait of Hormuz after hosting Iran’s foreign minister, an exchange that reflected Beijing’s fraught position in the conflict. China’s renewed call for a ceasefire comes as the Trump administration has urged Beijing to wield its influence with Tehran to unblock the waterway. The ...
Iran considering US proposal to end war, official saysIran considering US proposal to end war, official says
The White House reportedly believes it could be closing in on a 14-point memorandum of understanding with Iran. ...
Bayern Munich v Paris Saint-Germain: Champions League semi-final, second leg – liveBayern Munich v Paris Saint-Germain: Champions League semi-final, second leg – live
⚽ Champions League news, 8pm BST kick-off (first leg: 4-5)⚽ Read today’s Football Daily | And follow us on Bluesky “I’m a little bored with the hyperbole over the first leg,” writes Jose Mou– Tim Smith. “It’s like regular football folk have lost the run of themselves. So, I predict ...
Two Britons self-isolating in UK after leaving hantavirus cruise ship earlyTwo Britons self-isolating in UK after leaving hantavirus cruise ship early
They do not have symptoms and health officials say the risk to the general public remains very low. ...
Left-wing groups targeted in new Trump counterterrorism planLeft-wing groups targeted in new Trump counterterrorism plan
The News President Donald Trump’s administration unveiled a new counterterrorism plan on Wednesday that focuses in part on rooting out what it describes as left-wing extremist groups operating domestically and overseas. It’s the first counterterrorism proposal released by the president since 2018, reflecting many of his second-term priorities. Dr. Sebastian ...
iRobot founder faces Chinese market againiRobot founder faces Chinese market again
The new, polar bear-esque robot by the inventor of the iRobot vacuum was all over the internet this week — eyelashes beating and tail wagging. Called the “Familiar,” the robot intends to support emotional well-being. The launch of the new venture is just a few months after iRobot filed for ...
The investment banking AI push is a rising tideThe investment banking AI push is a rising tide
Frontier Al labs are slowly encroaching on well-funded startups that have served companies’ industry-specific AI needs. But making inroads is slowgoing and some corporate clients are locked in by existing products. Take investment banking, for example. OpenAl hired more than 100 former investment bankers to train its financial products last ...
Little-known materials startup Intalus raises $11M seed roundLittle-known materials startup Intalus raises $11M seed round
Startup Intalus raised an $11 million seed round to expand production of ceramic-infused metals, the company exclusively told Semafor. Intalus has been making these materials for years, using waveform energy (think: lasers) to change the internal structure of metals and make them more resistant to heat and corrosion. Metal is ...
Companies have already lost control of workplace AICompanies have already lost control of workplace AI
Reed’s view Corporate America is incinerating billions of dollars trying to build AI tools that white-collar workers actually want to use. Most of these efforts will fail. The gap between what a well-funded IT department can offer and what an inspired intern can vibe code over a weekend is closing. ...