Call it the great Long Island Ice Tea Blockchain trade of 2026: Companies are jostling for an AI stock bump. If you’re a flailing sneaker company like Allbirds, you issue a press release announcing you’re now in the GPU-leasing business. If you’re a blue-chip company with equity coverage, like Ford, ...
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Independent jumps into Nebraska race on “anti-monopolist” messageIndependent jumps into Nebraska race on “anti-monopolist” message
The News Another populist independent is running for Congress in Nebraska: Austin Ahlman, a 28-year-old progressive journalist and Nebraska native is challenging Rep. Mike Flood, R-Neb., and Democrat Chris Backemeyer, a former deputy assistant secretary of State who worked for the Biden administration. Unlike Dan Osborn, the independent candidate for ...
The age of executive power is missing CEOsThe age of executive power is missing CEOs
The News President Donald Trump is meddling in corporate mergers. So is New York City Mayor Zohran Mamdani. Welcome to the age of executive power. The only thing missing are the CEOs. Big business has never been more politically salient, but the CEOs who sit atop it have rarely mattered ...
Wall Street awaits word on ‘Board of Investment’Wall Street awaits word on ‘Board of Investment’
Chinese investments into “non-strategic, non-sensitive” US companies would get fast-tracked regulatory approval under an agreement being ironed out in Beijing this week. “What we want to do is make sure that these investments don’t get referred” to the Committee on Foreign Investment in the US, the government body that reviews ...
AI is coming for (some) jobsAI is coming for (some) jobs
The AI future is here, but unevenly distributed. Doomsday predictions about AI’s jobs wipeout are overly influenced by tech companies and don’t reflect the reality that most companies don’t know how to use it, said Blair Effron, CEO of boutique investment bank Centerview. “A year and a half ago, I ...
Ukraine sees war gains despite renewed Russian strikesUkraine sees war gains despite renewed Russian strikes
Russia fired more than 1,500 drones against Ukraine over successive nights after a brief ceasefire, though the war appears to be tilting in Kyiv’s favor. Moscow’s offensive has stalled, with experts projecting Russia needs hundreds of years to conquer Ukraine at its current rate of progress. New analysis by the ...
Cubans stage rare protests over power outagesCubans stage rare protests over power outages
Rare demonstrations erupted across Havana over repeated power blackouts, which have worsened since the US tightened its energy embargo on Cuba. The country relies on imported fossil fuels for the vast majority of its power, and economic activity has ground to a halt since the US blocked energy shipments. Havana ...
Fertiglobe warns of war’s long-term impact on food pricesFertiglobe warns of war’s long-term impact on food prices
The News Fertilizer prices could remain elevated even after the Strait of Hormuz reopens, according to the chief executive of Abu Dhabi-based Fertiglobe, as supply disruptions ripple through global agriculture markets and threaten to drive food inflation later this year. Ahmed El-Hoshy, CEO of one of the world’s largest exporters ...
Trump Tower Australia deal collapsesTrump Tower Australia deal collapses
A $1 billion deal to build a Trump Tower in Australia fell apart as the developer called the brand “toxic.” The Trump Organization, run by US President Donald Trump’s sons, has made several foreign deals during the president’s second term — a “stark contrast” to his first, Forbes said, during ...
James Webb Space Telescope spots distant galaxyJames Webb Space Telescope spots distant galaxy
The James Webb Space Telescope spotted the most primitive galaxy ever seen. Immediately after the Big Bang, the only chemicals in the universe were the simplest: hydrogen and helium. Cosmologists believe that heavier, more complex atoms were made in the explosive death of huge, short-lived stars in the dawn of ...