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Gen. David Petraeus, Former CIA Director, Fmr. Central Commander and American commander in Iraq.Adam Jeffery | CNBCUnmanned systems will present the greatest danger and structural growth opportunity over the next decade, former CIA director David Petraeus said, pointing to conflicts in Iran and Ukraine as evidence of how warfare is rapidly evolving.Speaking at the UBS Asian Investment Conference, Petraeus said the increasing use of drones in conflict zones showed both the growing danger of unmanned weapons and the urgent need to improve defenses against them.”Much of this is going to be all about unmanned systems and the defenses against them,…
The Home Office says the UK won’t pay France if the site doesn’t open, under a deal to curb migrant crossings. Source link
U.S. President Donald Trump talks to reporters before boarding Air Force One on May 20, 2026 at Joint Base Andrews, Maryland. Trump is traveling to Connecticut to deliver the commencement address at the United States Coast Guard Academy. Chip Somodevilla | Getty ImagesPresident Donald Trump’s recently dismissed $10 billion lawsuit against the Internal Revenue Service should be reopened so the judge who oversaw it can investigate “whether a fraud occurred,” 35 former federal judges argued Wednesday.Trump, his two eldest sons and the Trump Organization on May 18 abruptly dropped their case against the IRS and the Treasury Department, which was…
Wells Fargo CEO sees mid-teens growth in investment banking, trading Source link
The CRD alleged that “Black workers were relegated to labor-intensive jobs, segregated, and paid less than non-Black workers,” and “faced retaliation in the form of overly harsh performance reviews, reprimands, and termination” when they complained. The agency accused Tesla of failing to stop the racial harassment and discrimination despite knowing about the problem. Tesla evidence not enough to prevent trial Superior Court Judge Peter Borkon said in yesterday’s ruling that at this stage of the proceeding, “the court views the evidence in the light most favorable to the plaintiff and resolves any evidentiary doubts or ambiguities in their favor.” Tesla,…
U.S. Secretary of Defense Pete Hegseth looks on during a press briefing at the Pentagon on May 5, 2026 in Arlington, Virginia. Chip Somodevilla | Getty ImagesThe Department of Defense on Wednesday announced a five-year, roughly $9.7 billion deal with Dell to provide a suite of software to the U.S. military. The award, known as the Microsoft Department of War Enterprise Software Agreement II Core Enterprise Technology Agreement, calls for Dell to provide Microsoft 365, advanced cloud subscriptions and on-premises licensing capability.Dell Federal Systems, a unit of the company dedicated to serving government, won the contract after a competitive process,…
A proposal for the Commodity Futures Trading Commission to regulate prediction markets such as Kalshi and Polymarket is under review by the White House, a filing from Tuesday shows.Details of the proposal, which are being reviewed by the Office of Management and Budget, are not visible on the filing. CNBC has requested comment from the CFTC on the filing, which Bloomberg reported earlier Wednesday.A spokeswoman for Kalshi had no comment on the filing. Polymarket did not immediately respond to a request for comment.CFTC Chairman Michael Selig on Jan. 29 said the agency planned to write rules for governing prediction markets…
United Airlines CEO rules out consolidation push after American rebuff Source link
The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany’s headquarters.Sven Hoppe | Picture Alliance | Getty ImagesAmazon’s top health-care boss will step down from his role and be replaced by the cofounder of telemedicine company Amwell, the company announced Wednesday.Neil Lindsay, who joined Amazon more than 15 years ago, has served as the senior vice president of Amazon Health Services since 2021. AHS spans Amazon’s online pharmacy service and primary care chain One Medical, among other initiatives. Dr. Roy Schoenberg will succeed Lindsay on July 1, Amazon’s worldwide retail chief Doug Herrington…
A major review examining the causes of rising youth unemployment says getting on the career ladder is now “out of reach” for many. Source link