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Hudson Williams and Connor Storrie in HBO Max’s ‘Heated Rivalry.’Courtesy: Sabrina Lantos | HBO MaxWhen the holiday season rolled around last year, Margaret Hecox knew exactly what her grandmother would love.The 23-year-old wrote in a card about “Heated Rivalry,” the breakout Canadian TV series following a clandestine love story between two male hockey players. Hecox watched several episodes with her grandmother and also encouraged friends and other family members to tune in.”I knew she would like the show,” Hecox said. “Obviously, she did.”The grandmother-granddaughter duo is part of a sizable fan base of women for books, shows and movies centered…

Andy Burnham will need a “Moscow test” for his policies if he becomes prime minister, the former Chief of the Defence Staff Admiral Sir Tony Radakin has said.Burnham, the favourite to succeed Sir Keir Starmer as prime minister, has previously said that new legislation must pass a “Makerfield test”, the constituency he was elected to this month.Speaking to the BBC’s Sunday with Laura Kuenssberg programme, the ex-military chief said the UK’s next leader would need to operate “almost like a wartime prime minister” in light of global threats.Sir Tony’s intervention came as the government prepared to publish its long-awaited defence…

Large commercial vessels and a small boat navigate the waters off the southern port city of Bandar Abbas, Iran on June 21, 2026. Anadolu | Anadolu | Getty ImagesA tanker in the Strait ⁠of Hormuz was reported to have been struck by a projectile on Saturday, the latest escalation of tensions between the U.S. and Iran in recent days following an interim agreement to end hostilities in the region. The U.K. Maritime Trade Operations Centre said a vessel in the strait was hit by an “unidentified projectile,” with damage to the bridge but the crew was reported to be safe.…

Exclusive-China’s Geely to ship first Lotus EVs to Canada in July under Carney-Xi deal, ambassador says Source link

Wall Street spent the week debating who the biggest winners and losers of the artificial intelligence boom will ultimately be. Memory chipmaker Micron’s blockbuster earnings reinforced the fervent demand for computing resources, but it also led investors to question whether the AI buildout is becoming too expensive for the hyperscalers funding it. The tech-heavy Nasdaq Composite fell 4.6% for the week, while the S & P 500 slipped 1.95%. The Dow Jones Industrial Average bucked the trend, edging up 0.6%, as lower oil prices benefited economically sensitive names and a rotation away from AI lifted healthcare stocks. Here’s a closer…

The best government bond market may be outside the United States.Allspring Global Investments’ George Bory is pushing clients toward countries whose central banks are raising interest rates or have different inflation dynamics.”Bond markets everywhere have rushed to price inflation. Places like the UK, certainly across Europe, even places like Australia — we’ve seen a material run-up in central bank tightening expectations,” he told CNBC’s “ETF Edge” this week. “Now, some of that’s been delivered on already. The ECB raised rates just a few weeks ago. The expectation is they will do a bit more. But unless the Fed is going…

UBS outlines portfolio playbook for uncertain markets Source link

An exclusive look inside GE Vernova’s largest gas turbine plant in Greenville, South Carolina, offers fresh evidence that the artificial intelligence boom is going strong. Inside, engineers are working alongside factory workers to speed up production of this complex machine. The company hired 200 workers last year, and 300 more are expected to start working at this factory by the end of the year.Fueling the growth is AI.Hyperscalers — companies like Amazon, Google, Microsoft and Oracle — are lining up to buy the company’s gas turbines. With AI data centers requiring a considerable amount of energy and bottlenecks in the…

Kohl’s was once a retail darling, carving out market share as a department store catering to the middle-income American consumer with coupons and deals that drove loyalty.But over the past five years, Kohl’s stock has lost nearly 70% of its value, plummeting as the retailer reported weak sales.As department stores struggle to stay relevant and middle-income consumers face budget pressure, Kohl’s is now trying to reinvigorate sales by leaning back into its core value proposition and investing in the store experience to ensure customers find what they need and keep coming back for more. Though Wall Street analysts believe the…

Alphabet has squashed concerns that artificial intelligence will destroy its Google tech empire. One of its biggest weapons in the fight: homegrown silicon chips. Google’s in-house tensor processing units (TPUs) serve as the engine to the company’s Gemini chatbot, which has bolstered its image in the past year against rivals like OpenAI’s ChatGPT. They also represent an integral part of Google’s fast-growing cloud-computing business, where customers — including buzzy AI startup Anthropic — rent access to the chips; in some cases, they can now buy TPUs for their own data centers. Google also has a new AI compute venture with…