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A person enters The New York Times building in New York City on Jan. 22, 2026.Angela Weiss | AFP | Getty ImagesThe Department of Justice is withdrawing subpoenas it obtained for New York Times reporters involved in an article about President Donald Trump’s new Air Force One jet, prosecutors told a federal judge in New York on Thursday.The move came at a hearing in U.S. District Court in Manhattan, where Judge Arun Subramanian was considering a motion by the Times to quash the subpoenas targeting its journalists, according to MS NOW.The DOJ on July 10 issued subpoenas seeking to compel…
Traders work as the market opens on the floor of the New York Stock Exchange (NYSE) on November 18, 2025 in New York City.Spencer Platt | Getty ImagesCrude oil is rallying, bonds are selling off, and the stock market is under pressure. Investors sold Big Tech stocks after earnings and the 10-year Treasury yield just touched 4.7%, the highest since January 2025.In many ways it looks like the setup from March that presaged a monthlong sell-off in stocks as the Iran war escalated beyond investor expectations. Yet the S&P 500 is not even 3% off its record. The index is…
Swiss chocolate maker Lindt misleads consumers about child labor, US lawsuit claims Source link
Andrew Feldman, co-founder and CEO of Cerebras Systems, holds the Wafer Scale Engine 3 chip at the Nasdaq MarketSite in New York on May 14, 2026.Michael Nagle | Bloomberg | Getty ImagesCerebras shares gained about 4% on Thursday after the company forged an agreement with Advanced Micro Devices that involves the two chipmakers to work together on artificial intelligence systems. Cerebras CEO Andrew Feldman said at AMD’s AI conference in San Francisco that his company’s chips will be used in AMD’s Helios AI systems installed in Cerebras data centers starting later this year. Server buyers will be able to configure…
The new prime minister was speaking after announcing a business rate cut for pubs, social clubs and live music venues. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Investors can never quite seem to recall just how long consumer goods turnarounds take to show results. That helps explain why they sliced about 8 per cent — or SFr16bn ($19.6bn) of value — from Nestlé’s market value on Thursday on the back of only moderately underwhelming results. Under the surface, however, the components of a genuine turnaround are beginning to fall into place. Nestlé has made headway in the common conglomerate-management task of ditching sleepy brands for more lively ones. This…
The exterior of an Albertsons supermarket as shoppers browse for groceries ahead of the Thanksgiving Day holiday in Redmond, Washington, Nov. 24, 2025.David Ryder | ReutersShares of grocer Albertsons sank more than 20% on Thursday after the company lowered its fiscal 2026 outlook, citing softer demand and a more cautious consumer.The company said it is now “moving decisively” to invest in the customer experience because it believes that will improve its growth trajectory.”In the first quarter, our digital and pharmacy businesses continued to deliver strong growth, while core grocery faced increasing pressure from softer industry unit trends and a more…
Google hit with $1 billion EU fine, in ’constructive’ talks to avoid more penalties Source link
In order to use Ask Sage, the Army had access to 100,000,000 tokens as part of an annual subscription to an “enterprise pack.” Tokens represent a unit of output, either in text or image, from an LLM. For the Ask Sage tool, a single token equates to about 3.7 characters, according to documents viewed by WIRED. The Defense Department burned through some 20 billion tokens per day during the 38-day Operation Epic Fury in Iran, according to Breaking Defense. The Army and DOD didn’t reply to requests for comment; neither did Ask Sage. It’s unclear if the tokens used by…
The US Capitol in Washington, DC, US, on Wednesday, July 22, 2026. Aaron Schwartz | Bloomberg | Getty ImagesCongress on Thursday split on advancing a pair of war powers resolutions aimed at forcing President Donald Trump to abandon his war with Iran, as the conflict escalates into a deadly new phase and oil tops $100 a barrel. The moves were the first vote since Trump informed Congress that he restarted the war with Iran following the breakdown of peace negotiations. The conflict’s revival after weeks of a shaky ceasefire comes just months before the U.S. midterm elections. It threatens to…