Former Meta AI Chief's AMI Raises $1.03 Billion for Alternate AI Model
Yann LeCun believes human-level intelligence can only be reached by building models based on reasoning and planning rather than predicting the next word or pixel ...
Business
Global Oil Markets Settle Down on TACO Cues
Despite intensified bombardment of Tehran observers see in his recent verbiage signs that he will once again live up to the irreverent observation that "Trump ...
China Exports Keep Accelerating After Record 2025
The January-February period saw a jump of 19.8%, multiples of the 5.7% rise in December, putting China on track surpass the $1.2 trillion trade surplus ...
Airlines Begin Hiking Fares on Higher Oil Prices
As oil prices shoot up from $85 per barrel pre-conflict to $150 and $200 per barrel, airlines seek to restore profit margins, stabilizing share prices.
China Tech Hubs Fund Super-Efficient One-Person Companies Using OpenClaw AI Agent
Shenzhen and Wuxi see the promise of an economic revolution in using AI agents to create efficient enterprises.
Imperial Valley Lithium Producer to go Public via $4.7 Billion SPAC Deal
California's Controlled Thermal Resources will use funds from going public to develop a Hell's Kitchen plant to produce up to 25,000 tons of lithium carbonate ...
Nvidia-Backed Data-Center Firm Nscale Valued at $14.6 Billion in Latest Funding Round
Nscale data-centers use Nvidia GPUs to provide large-scale AI compute to clients like OpenAI and Microsoft.
Nexperia's China Subsidiary Produces Own Auto Chips Free of Dutch Parent
The Dutch government's usurpation of control over Nexperia, itself a subsidiary of China's Wingtech, has been disrupting a vital chip supply chain for global automakers.
Chinese Battery Makers Soar with Global EV Adoption
CATL's Q4 profits surged 57.1% while rival BYD introduced a major new battery upgrade that promises to make EVs more practical than conventional cars.
Japan Display May Build Plant in US Under Trade Deal
A display plant will likely be one component of Japan's commitment to invest $550 billion in the US as the US seeks to lessen reliance ...
China Prices Rise on Holiday Demand but Factory Depression Lingers
Flight tickets and gold prices soared in large part due to US Iran strikes but the imbalance between production and demand kept most goods prices ...
Oil Surges Past $100, Shoring Up Weakened Dollar
The likelihood that the Iran conflict would extend well beyond the first week is making the dollar a safe-haven currency again as other currencies appear ...
Global Oil Supply Already Damaged Beyond Quick Resumption
The destruction and supply-chain disruption caused by Trump's Iran strikes are already heavy enough to ensure months of global oil supply shortages.
Pump Prices Cause Pain on Trump's Mideast Romp
The prices of gasoline and diesel climbed 11% and 15%, respectively, over last week as 20% of the world's oil becomes hostage to another US ...
China Warns Auto Industry of Chip Shortages on Renewed Nexperia Dispute
The Dutch government's push to take control of Nexperia from its Chinese parent Wingtech is disrupting production of the low-tech chipsets essential to the global ...
US to Reinsure Losses Up to $20 Billion to Revive Mideast Oil Shipments
In an effort to prevent adverse economic impact from oil and gas shortages, Trump has ordered the US International Development Finance Corporation to provide insurance ...
US Pushes Defense Firms to Ramp Up Production Amid Slow Negotiations
The rapid depletion of bombs and missiles on Iran strikes, combined with demands of military aid to Ukraine, is creating a severe shortage of inventory.
Tariff Refunds to Be Ready in 45 Days, No Lawsuits Needed
The US Customs agency's reply to the Trade Court judge who required refunds to be made suggests importers won't have to file lawsuits to collect.
Fast Fashion Piles Up in South Asia on Mideast Flight Cancellations
Garments produced in Bangladesh, India and Pakistan are piling up at airports as airlines are forced to cancel flights that must transit Mideast airspace.
Costco Promises Price Cuts on Expected Tariff Refunds
Costco has thrived even with tariffs and now looks to enjoy a boost based on the Supreme Court's decision nixing Trump tariffs followed by a ...
Pharma Giants Join Race for Weight-Loss Pill
The success of Novo Nordisk's GLP-1 pills to combat obesity is driving virtually every major drug company in the world toward the holy grail of ...
China's Biggest Province Vows to Embed AI Throughout Economy
Guangdong Province is a $2.1 trillion economy that leads China in tech industries and modern infrastructure.
US Lost 92,000 Jobs in February, Raising Unemployment to 4.4%
The unexpected loss of jobs appears due to Trump's stubborn insistence on seeking to prolong tariffs by stretching laws that don't allow them, combined with ...
Vietnam in Talks with Chinese Firms for 5G Network Despite 2020 Pact with US
The use of Chinese technology for its 5G network would violate a 2020 "clean network" security pact with the US.
Foxconn Having Record Year, Expects Mideast Impact If Conflict Drags On
The world's leading contract manufacturer for Nvidia and major electronics brands hasn't yet been adversely impacted but may suffer from higher prices for oil and ...
Trump Tariff Refunds May Total $182 Billion
The tariffs ordered to be refunded by the Court of International Trade Senior Judge Richard Eaton is estimated to total between $168 and $182 billion, ...
24 States Sue to Invalidate Temporary Tariffs
The suit by California, New York, Oregon and others argue that the new tariffs are unsupported by a law created to address monetary emergencies, not ...
China's Chip Bosses Urge Policy to Create 'China's ASML'
The Dutch company's monopoly on EUV lithography equipment is the most visible factor preventing China from quitting reliance on foreign chips.
China Shifts Goal from Energy Growth to Decarbonization
Even as China becomes global leader in green technology with aggressive EV and solar-panel production, its energy policy is criticized for not being more aggressive ...
Loss of Helium from Qatar Can Hurt Chip Production Warns S. Korea
Helium used to manage heat during chip production is only one of many products from the Middle East required by the semiconductor and data-center industries.
Nvidia Shifts to Next-Gen Vera Rubin Production After H200 Sales Blocked by Regulations
Despite Trump's approval of H200 GPU sales to China, no actual shipments were approved due to tight restrictions.
Asian Shares Reclaim Losses from Mideast Fears
KOSPI jumped 10.4% while the Nikkei rose 2.9% on hopes that war fears had been overblown.
Broadcom CEO Hock Tan Projects $100 Billion in Custom AI Chip Sales in 2027
Heavy demand for its AI chip design services is driving a surge in quarterly sales, beating estimates by wide margins.
Tech Giants Sign Pledge to Bear Cost of Power Generation for Data Centers
Google, Microsoft, Meta, Amazon and several AI firms signed the pledge at the White House as Trump seeks to protect consumers from the cost of ...
American Eagle Forecast Beats Estimates on Strong Results from Marketing Push
Much of the sales growth appears to be from upper-income shoppers trading down for more expensive brands to save money in an uncertain economy, as ...
OpenAI, Anthropic IPOs Foreclose More Investment by Nvidia
The $100 billion investment Jensen Huang intended to make in OpenAI has been foreclosed by the IPO scheduled for the early summer, possibly signaling the ...
Services Sector PMI Hits 3 1/2-year High Despite Headwinds
Turbulence from tariff uncertainty and memory chip shortages were overcome by non-manufacturing sectors like mining, construction, wholesale trade, utilities and education services despite a downturn ...
US Unable to Offset Lost Qatari LNG Shipments
Despite being the world's biggest LNG producer, the US doesn't have any excess capacity with which to replace the 10 billion cubic feet per day ...
Asian Refiners Struggle with Output As Mideast Supplies 60% of Asia's Oil
Asia, the world's biggest oil consuming region, relies on high volume of shipments from the Mideast, most of which must transit the Strait of Hormuz.
Strait of Hormuz Closing Will Force Shutdown of Mideast Oil Production
Unless oil tankers can load up and transit the Strait, oil production in Iraq and Kuwait will have to shut down within days on limited ...
Tariffs Caused Most Hardship to US Small Businesses
With nearly half of small businesses sourcing from overseas, over 40% were challenged by Trump tariffs.
Volvo's Fully Electric Cars Shine Against Overall Sales Slump
Strong growth in full-EV sales in a difficult global environment raises hopes for Volvo's plans to expand production of its EX60 SUV which enjoys strong ...
Mitsubishi Heavy to Enjoy Record Year on Japan's Nuclear Reactor Restarts
Japan has restarted 15 of its 33 reactors which were shut down in the wake of the 2011 Fukushima disaster, including one at the nation's ...
Beijing Plans to Scale Up AI, Humanoid Robotics and Space-Faring Capabilities
China's 15th 5-year plan will seek to surpass the west by turning recent tech breakthroughs by startups into industrial-scale systems.
US to Raise Tariffs to 15% This Week
The tariffs would be under the same emergency tariff provision of the 1974 trade act which places a 150-day limit.
Apple Debuts $599 MacBook Neo to Challenge Chromebook, Windows PCs
Apple's low-cost entry seeks to poach the massive but price-sensitive PC base by taking advantage of the inability of low-cost brands to secure components in ...
Asia Markets Sink on Energy Shock Fears
KOSPI plunged 11% and the Nikkei fell 4.3% on fears the Middle East war will choke off oil supplies.
S&P Survey Suggests China Factory Activity Highest in 5 Years
The RatingDog China PMI directly contradicts China's official survey which shows factory activity declined in February for the 2nd straight month.
Among Luxury Brands Cartier, Zegna Most Exposed to Mideast Risk
The Middle East makes up only about 5 - 6% of the global market for luxury goods, with most of that coming from visiting tourists.
'Whatever It Takes' Vow from US Talker-in-Chief Deepens Stock Market Selloff
The prospect of an indefinite open-ended Middle East conflict is causing stocks to decline and oil to rise.
Former Meta AI Chief's AMI Raises $1.03 Billion for Alternate AI Model
Yann LeCun believes human-level intelligence can only be reached by building models based on reasoning and planning rather than predicting the next word or pixel ...
Global Oil Markets Settle Down on TACO Cues
Despite intensified bombardment of Tehran observers see in his recent verbiage signs that he will once again live up to the irreverent observation that "Trump ...
China Exports Keep Accelerating After Record 2025
The January-February period saw a jump of 19.8%, multiples of the 5.7% rise in December, putting China on track surpass the $1.2 trillion trade surplus ...
Airlines Begin Hiking Fares on Higher Oil Prices
As oil prices shoot up from $85 per barrel pre-conflict to $150 and $200 per barrel, airlines seek to restore profit margins, stabilizing share prices.
China Tech Hubs Fund Super-Efficient One-Person Companies Using OpenClaw AI Agent
Shenzhen and Wuxi see the promise of an economic revolution in using AI agents to create efficient enterprises.
Imperial Valley Lithium Producer to go Public via $4.7 Billion SPAC Deal
California's Controlled Thermal Resources will use funds from going public to develop a Hell's Kitchen plant to produce up to 25,000 tons of lithium carbonate ...
Nvidia-Backed Data-Center Firm Nscale Valued at $14.6 Billion in Latest Funding Round
Nscale data-centers use Nvidia GPUs to provide large-scale AI compute to clients like OpenAI and Microsoft.
Nexperia's China Subsidiary Produces Own Auto Chips Free of Dutch Parent
The Dutch government's usurpation of control over Nexperia, itself a subsidiary of China's Wingtech, has been disrupting a vital chip supply chain for global automakers.
Chinese Battery Makers Soar with Global EV Adoption
CATL's Q4 profits surged 57.1% while rival BYD introduced a major new battery upgrade that promises to make EVs more practical than conventional cars.
Japan Display May Build Plant in US Under Trade Deal
A display plant will likely be one component of Japan's commitment to invest $550 billion in the US as the US seeks to lessen reliance ...
China Prices Rise on Holiday Demand but Factory Depression Lingers
Flight tickets and gold prices soared in large part due to US Iran strikes but the imbalance between production and demand kept most goods prices ...
Oil Surges Past $100, Shoring Up Weakened Dollar
The likelihood that the Iran conflict would extend well beyond the first week is making the dollar a safe-haven currency again as other currencies appear ...
Global Oil Supply Already Damaged Beyond Quick Resumption
The destruction and supply-chain disruption caused by Trump's Iran strikes are already heavy enough to ensure months of global oil supply shortages.
Pump Prices Cause Pain on Trump's Mideast Romp
The prices of gasoline and diesel climbed 11% and 15%, respectively, over last week as 20% of the world's oil becomes hostage to another US ...
China Warns Auto Industry of Chip Shortages on Renewed Nexperia Dispute
The Dutch government's push to take control of Nexperia from its Chinese parent Wingtech is disrupting production of the low-tech chipsets essential to the global ...
US to Reinsure Losses Up to $20 Billion to Revive Mideast Oil Shipments
In an effort to prevent adverse economic impact from oil and gas shortages, Trump has ordered the US International Development Finance Corporation to provide insurance ...
US Pushes Defense Firms to Ramp Up Production Amid Slow Negotiations
The rapid depletion of bombs and missiles on Iran strikes, combined with demands of military aid to Ukraine, is creating a severe shortage of inventory.
Tariff Refunds to Be Ready in 45 Days, No Lawsuits Needed
The US Customs agency's reply to the Trade Court judge who required refunds to be made suggests importers won't have to file lawsuits to collect.
Fast Fashion Piles Up in South Asia on Mideast Flight Cancellations
Garments produced in Bangladesh, India and Pakistan are piling up at airports as airlines are forced to cancel flights that must transit Mideast airspace.
Costco Promises Price Cuts on Expected Tariff Refunds
Costco has thrived even with tariffs and now looks to enjoy a boost based on the Supreme Court's decision nixing Trump tariffs followed by a ...
Pharma Giants Join Race for Weight-Loss Pill
The success of Novo Nordisk's GLP-1 pills to combat obesity is driving virtually every major drug company in the world toward the holy grail of ...
China's Biggest Province Vows to Embed AI Throughout Economy
Guangdong Province is a $2.1 trillion economy that leads China in tech industries and modern infrastructure.
US Lost 92,000 Jobs in February, Raising Unemployment to 4.4%
The unexpected loss of jobs appears due to Trump's stubborn insistence on seeking to prolong tariffs by stretching laws that don't allow them, combined with ...
Vietnam in Talks with Chinese Firms for 5G Network Despite 2020 Pact with US
The use of Chinese technology for its 5G network would violate a 2020 "clean network" security pact with the US.
Foxconn Having Record Year, Expects Mideast Impact If Conflict Drags On
The world's leading contract manufacturer for Nvidia and major electronics brands hasn't yet been adversely impacted but may suffer from higher prices for oil and ...
Trump Tariff Refunds May Total $182 Billion
The tariffs ordered to be refunded by the Court of International Trade Senior Judge Richard Eaton is estimated to total between $168 and $182 billion, ...
24 States Sue to Invalidate Temporary Tariffs
The suit by California, New York, Oregon and others argue that the new tariffs are unsupported by a law created to address monetary emergencies, not ...
China's Chip Bosses Urge Policy to Create 'China's ASML'
The Dutch company's monopoly on EUV lithography equipment is the most visible factor preventing China from quitting reliance on foreign chips.
China Shifts Goal from Energy Growth to Decarbonization
Even as China becomes global leader in green technology with aggressive EV and solar-panel production, its energy policy is criticized for not being more aggressive ...
Loss of Helium from Qatar Can Hurt Chip Production Warns S. Korea
Helium used to manage heat during chip production is only one of many products from the Middle East required by the semiconductor and data-center industries.
Nvidia Shifts to Next-Gen Vera Rubin Production After H200 Sales Blocked by Regulations
Despite Trump's approval of H200 GPU sales to China, no actual shipments were approved due to tight restrictions.
Asian Shares Reclaim Losses from Mideast Fears
KOSPI jumped 10.4% while the Nikkei rose 2.9% on hopes that war fears had been overblown.
Broadcom CEO Hock Tan Projects $100 Billion in Custom AI Chip Sales in 2027
Heavy demand for its AI chip design services is driving a surge in quarterly sales, beating estimates by wide margins.
Tech Giants Sign Pledge to Bear Cost of Power Generation for Data Centers
Google, Microsoft, Meta, Amazon and several AI firms signed the pledge at the White House as Trump seeks to protect consumers from the cost of ...
American Eagle Forecast Beats Estimates on Strong Results from Marketing Push
Much of the sales growth appears to be from upper-income shoppers trading down for more expensive brands to save money in an uncertain economy, as ...
OpenAI, Anthropic IPOs Foreclose More Investment by Nvidia
The $100 billion investment Jensen Huang intended to make in OpenAI has been foreclosed by the IPO scheduled for the early summer, possibly signaling the ...
Services Sector PMI Hits 3 1/2-year High Despite Headwinds
Turbulence from tariff uncertainty and memory chip shortages were overcome by non-manufacturing sectors like mining, construction, wholesale trade, utilities and education services despite a downturn ...
US Unable to Offset Lost Qatari LNG Shipments
Despite being the world's biggest LNG producer, the US doesn't have any excess capacity with which to replace the 10 billion cubic feet per day ...
Asian Refiners Struggle with Output As Mideast Supplies 60% of Asia's Oil
Asia, the world's biggest oil consuming region, relies on high volume of shipments from the Mideast, most of which must transit the Strait of Hormuz.
Strait of Hormuz Closing Will Force Shutdown of Mideast Oil Production
Unless oil tankers can load up and transit the Strait, oil production in Iraq and Kuwait will have to shut down within days on limited ...
Tariffs Caused Most Hardship to US Small Businesses
With nearly half of small businesses sourcing from overseas, over 40% were challenged by Trump tariffs.
Volvo's Fully Electric Cars Shine Against Overall Sales Slump
Strong growth in full-EV sales in a difficult global environment raises hopes for Volvo's plans to expand production of its EX60 SUV which enjoys strong ...
Mitsubishi Heavy to Enjoy Record Year on Japan's Nuclear Reactor Restarts
Japan has restarted 15 of its 33 reactors which were shut down in the wake of the 2011 Fukushima disaster, including one at the nation's ...
Beijing Plans to Scale Up AI, Humanoid Robotics and Space-Faring Capabilities
China's 15th 5-year plan will seek to surpass the west by turning recent tech breakthroughs by startups into industrial-scale systems.
US to Raise Tariffs to 15% This Week
The tariffs would be under the same emergency tariff provision of the 1974 trade act which places a 150-day limit.
Apple Debuts $599 MacBook Neo to Challenge Chromebook, Windows PCs
Apple's low-cost entry seeks to poach the massive but price-sensitive PC base by taking advantage of the inability of low-cost brands to secure components in ...
Asia Markets Sink on Energy Shock Fears
KOSPI plunged 11% and the Nikkei fell 4.3% on fears the Middle East war will choke off oil supplies.
S&P Survey Suggests China Factory Activity Highest in 5 Years
The RatingDog China PMI directly contradicts China's official survey which shows factory activity declined in February for the 2nd straight month.
Among Luxury Brands Cartier, Zegna Most Exposed to Mideast Risk
The Middle East makes up only about 5 - 6% of the global market for luxury goods, with most of that coming from visiting tourists.
'Whatever It Takes' Vow from US Talker-in-Chief Deepens Stock Market Selloff
The prospect of an indefinite open-ended Middle East conflict is causing stocks to decline and oil to rise.
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