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The United States is revoking a general license that authorized the sale of Iranian oil, a U.S. official said on Tuesday, warning that Iran’s actions in the Strait of Hormuz were “wholly unacceptable” and would be met with consequences after attacks on tankers in the strategic waterway. Source link
Servers at data centres in Sydney and Melbourne were to blame but the exact cause remains unknown. Source link
A union says workers are “in the crosshairs” of automation as AI is being tested across ports. Source link
As big tech companies pour billions of dollars into data centers for artificial intelligence (AI), investors are growing concerned about whether all this spending will actually pay off. Meta Platforms (META +2.59%) has faced particular investor scrutiny because, unlike Amazon, Alphabet, and Microsoft, it doesn’t currently sell cloud computing services to outside companies. But it…
OpenTheBooks CEO John Hart joins Varney & Co. to discuss long-term Social Security and Medicare deficits as fiscal pressures mount. Some Social Security beneficiaries will receive two checks this July as a quirk in the calendar shifted the payment timeline for an adjacent month. The Social Security Administration (SSA) ordinarily disburses payments for Supplemental Security…
Another one of President Donald Trump’s lawsuits against a news organization has fizzled out. This time, it is a defamation lawsuit that the Trump Media and Technology Group brought against The Washington Post in 2023 over a story titled “Trust linked to porn-friendly bank could gain a stake in Trump’s Truth Social.” A federal judge…
23andMe compiles genetic profiles of people through DNA testing kits, but it was heavily criticised after a 2023 hack. Source link
UBS managing director and senior portfolio manager Jason Katz joins ‘Varney & Co.’ to give his outlook on the markets in the second half of the year. The average new car payment rose to an all-time high in the first quarter as American households continued to face affordability challenges in the economy. A new report…
Photo by Hank Butitta/LMN Architects [enlarge] The DJC first reported last month that LMN Architects will depart its longtime home at the Norton Building and move to the waterfront’s restored Washington Park building, at 68 S. Washington St. . . . Source link
