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Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos

Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos At 2:22 a.m. EST, the Senate unanimously passed a spending bill to fund the Department of Homeland Security after a 40-day shutdown that disrupted airport security and sparked travel chaos for millions of Americans. The bill, which excludes funding for Immigration and Customs Enforcement and Customs and Border Protection, still needs House approval and President Trump's signature. The overnight breakthrough came as airport TSA lines worsened nationwide this week, with TSA agents calling out sick or quitting due to...
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May 12, 2026 / Tyler Durden
Altman Fires Back At Musk During OpenAI Trial Testimony
Altman Fires Back At Musk During OpenAI Trial Testimony OpenAI CEO Sam Altman spent roughly four hours on the witness stand Tuesday defending the company’s shift from a nonprofit to a for-profit model, directly rebutting Elon Musk’s claims that he and co-founder Greg Brockman “stole a charity” when they restructured the artificial intelligence lab. "I think it’s wonderful that through the hard work of thousands of people … we’ve been able to create one of largest nonprofits in the world, [and] that it has this role to protect the technology and...
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May 14, 2026 / Tyler Durden
Cisco Surges Most Since Dot-Com On Raised Outlook, AI-Focused Job Cuts
Cisco Surges Most Since Dot-Com On Raised Outlook, AI-Focused Job Cuts Cisco Systems shares posted their biggest gain since the Dot-Com boom-and-bust era after the networking giant delivered third-quarter results that beat analysts' estimates. The company also announced a workforce restructuring, aligning with a broader hyperscaler playbook that cuts labor costs and redirects capital toward AI infrastructure and data-center buildouts. Cisco raised its fiscal 2026 outlook, guiding for $62.8 billion to $63 billion in revenue and $4.27 to $4.29 in adjusted EPS, while also issuing a stronger-than-expected fourth-quarter sales forecast. The catalyst...
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May 13, 2026 / Tyler Durden
Trump Says 'Open Up China' Before Landing In Beijing For Pomp-Filled Red Carpet Airport Welcome
Trump Says 'Open Up China' Before Landing In Beijing For Pomp-Filled Red Carpet Airport Welcome President Trump and his Air Force One entourage have arrived in Beijing on Wednesday, greeted by a lavish red carpet welcome. The American president was received by Chinese Vice President Han Zheng, China’s ambassador to Washington Xie Feng, Executive Vice Foreign Minister Ma Zhaoxuong, and US envoy to Beijing David Perdue. Reports describe the extravagant welcoming ceremony as made up of a military honor guard and band, as well as about 300 Chinese youths waving alternating...
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