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Politics
‘Pop-up’ super PACs spend record sums
A super PAC called Our Heritage Matters registered with the Federal Election Commission on Oct. 15.Five days later, it began spending to boost third-party candidates and attack Republicans. By Oct. 29, the group had spent about $1.2…
Crypto industry spends more than $200 million to sway the midterms
The largest group of single-issue super PACs in United States history is pouring millions of dollars into congressional races across the country.Cryptocurrency groups outpaced online betting and data center development groups in federal…
Qatar in talks with Iran to restart U.S. negotiations, source says
An AI-based anti-U.S. animation depicting Lego-shaped images of the Chinese Dragon, the legendary Persian Simurgh, and the Statue of Liberty is displayed during the 2nd Media-Expo International Exhibition in Tehran, Iran, on October 29,…
Nvidia responds to accusations that Jensen Huang was Chinese target
An Nvidia spokesperson on Thursday pushed back on a New York Times report that detailed American intelligence agencies surveilling a person close to Nvidia CEO Jensen Huang because they thought she could be a Chinese intelligence…
Novartis remibrutinib MS drug faces efficacy questions
"This medicine could be one of our largest medicines in history," Novartis CEO Vas Narasimhan told CNBC on Tuesday, as the Swiss drugmaker backed remibrutinib, its experimental MS medicine, to generate more than $4 billion in peak annual…
Foxconn hopes to own 50% of the global AI server market within a couple
The logo of multinational tech company Foxconn (also known as Hon Hai), which is a major manufacturer for Apple products, in Taipei, Taiwan, on April 16, 2025.Anadolu | Anadolu | Getty ImagesTaiwanese electronics giant Hon Hai Technology…
Meta outlook to revised to negative by S&P after cash flow negative
CEO of Meta Platforms Mark Zuckerberg attends a press briefing held by U.S. President Donald Trump with AI executives following a meeting on artificial intelligence, outside the West Wing of the White House on September 29, 2026 in…
Trump criticized Big Oil’s profits. Here’s how refining profits surged
Chevron does not report a comparable, standalone refining-margin figure, but it reported Friday that its downstream earnings more than quadrupled from a year earlier to $4.9 billion, with the company citing higher margins on…
Safety gains remain hard to prove
When Shelley Copsey was appointed by the Ontario Teachers' Pension Plan, one of the world's biggest infrastructure investors, her job was to find ways to use technology to solve problems across its portfolio. She quickly learned that…
Indian AI firm seeks to raise $3 billion to buy Nvidia chips: report
An artificial intelligence infrastructure firm in India is reportedly seeking to raise debt to fund the purchase of Nvidia's Rubin graphics processing units.AM Intelligence, a Hyderabad-based company, is planning to raise up to $3…