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Federal regulators on Thursday agreed to let large energy users connect more quickly to the nation’s inefficient and electric transmission system to accommodate surging demand from power-hungry artificial intelligence data centers.Energy Secretary Chris Wright had urged the Federal Energy Regulatory Commission to act in an effort to help the United States better compete with China for superiority in the fast-growing AI sector. Tech companies and data center developers have welcomed the chances for faster connections to the country’s power supply.But utilities, states and regional grid operators worried that the Republican administration’s plan would remove their authority to manage the process.…
Why is Navan stock rallying today? Source link
Apple is throwing in the towel. Price increases on its popular devices are coming due to the massive — and ongoing — global shortage of memory and storage chips. Tim Cook , outgoing Apple CEO, told The Wall Street Journal in an interview: “We’re doing our best to mitigate the huge increases that are being passed to us, and we’ve been trying to shield our customers from the increases, but the situation has become unsustainable.” Cook did not talk about which products would be impacted, nor did he reveal anything about the magnitude of the price hikes or timing. The…
US Vice President JD Vance speaks during a press briefing in the Brady Briefing Room of the White House in Washington, DC, on June 18, 2026. Ken Cedeno | AFP | Getty ImagesVice President JD Vance defended President Donald Trump’s interim peace deal on Thursday, insisting the United States is not paying the Islamic Republic and that any economic benefits for Iran depend on full compliance with the agreement.”The United States isn’t giving up a cent of money to Iran,” Vance said.His comments came as the White House faced Republican backlash over whether Trump gave Iran too much in a…
Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.The EU should take advantage of “momentum” around peace talks in Ukraine and push ahead with nascent efforts to reopen negotiations with Vladimir Putin, Austria’s chancellor has said.Brussels in recent weeks has opened communication channels with the Kremlin to explore potential talks with the Russian president, a move that Christian Stocker told the FT he “supports very much” and would urge his fellow EU leaders to get behind.“I agree with that totally. Wars end not with weapons, but with successful diplomacy.…
Lisa Cook, governor of the US Federal Reserve, during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Tuesday, Feb. 24, 2026. Graeme Sloan | Bloomberg | Getty ImagesFederal Reserve Governor Lisa Cook incurred more than $1.3 million in legal and security expenses following President Donald Trump’s attempt to fire her in August from the Fed’s board, a new ethics filing revealed Thursday.The filing showed those expenses were paid by other individuals and organizations. The Supreme Court is expected to rule within the next several weeks whether Trump has the power to fire Cook…
Investing.com — Xometry Inc () shares rose 5.2% Thursday after the company announced new capabilities for its injection molding platform, including expanded materials, on-demand expert consultations, and simplified reordering. The AI-native manufacturing marketplace expanded its auto-quotable injection molding materials catalog to include glass-filled Nylon, PBT, PC-PBT, PLA, PPE-PS, and PSU. The company’s process-recommendation intelligence automatically routes mold-suited parts to injection molding. Xometry introduced free Design for Manufacturability consultations that customers can schedule directly on the platform. The service connects buyers with manufacturing experts to provide design-stage feedback aimed at reducing revision cycles and preventing costly changes after tooling begins. The…
Aleksandr Samokutyaev, Expedition 28 flight engineer, in the International Space Station’s Zvezda service module with a view of space shuttle Atlantis outside the window during the STS-135 mission on July 12, 2011. Credit: NASA Aleksandr Samokutyaev, Expedition 28 flight engineer, in the International Space Station’s Zvezda service module with a view of space shuttle Atlantis outside the window during the STS-135 mission on July 12, 2011. Credit: NASA On July 10, 2011, the US space shuttle Atlantis arrived at the space station, and for nine days, the four STS-135 astronauts joined Samokutyaev and his Expedition 28 colleagues aboard the orbiting…
A consultation is launched on the Heathrow expansion, outlining conditions for the project to go ahead. Source link
Space Exploration Technologies should see its shares surge following the strategic acquisition of an artificial intelligence coding firm, according to Oppenheimer. The investment bank has an outperform rating on Elon Musk’s aerospace technology company, which went public last Friday at $135 a share. Oppenheimer raised its SpaceX share price target by 32%, to $250 from $190, implying 30% upside from Wednesday’s close. SpaceX said Tuesday it agreed to buy Cursor , a maker of a popular AI coding tool that allows automatic generation, editing and checking of computer code, for $60 billion in stock. “This deal is highly beneficial for…