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Ford Denies Talks With Geely About Bringing Chinese Car Tech To U.S.
Ford Denies Talks With Geely About Bringing Chinese Car Tech To U.S.
On Friday, a report crossed the wire that Ford and Geely had been in discussions about collaborating more closely, including whether their developing European partnership could expand into the U.S. market, according to the Wall Street Journal.
Ford denied the claims, which stated that one idea involved Ford using Geely’s vehicle technology domestically. The talks had reportedly cooled, with both sides shifting attention back to Europe, where they are considering sharing production capacity and technical resources.
Geely is motivated to enter...
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Jun 30, 2026 / Tyler Durden
Blackstone Sells Stake In Three Virginia Data Centers Amid Grassroot Outrage
Blackstone Sells Stake In Three Virginia Data Centers Amid Grassroot Outrage
Up until now, when it comes to real estate, Blackstone was best known in recent years for dumping many of its trophy office properties - which in the aftermath of work from home never recovered their projected cash flow potential - at a huge discount. Now, it may be pulling a page from its old, pre-Lehman playbook by calling the top in yet another commercial real estate segment: data centers.
According to Bloomberg, Blackstone is selling its stakes in a...
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Aug 28, 2026 / Tyler Durden
A Trillion Dollar Budget But Military Can't 'Afford' To Attack Mold On Bases?
A Trillion Dollar Budget But Military Can't 'Afford' To Attack Mold On Bases?
Authored by Stavroula Pabst via Responsible Statecraft,
A new Government Accountability Office (GAO) report finds that the maintenance backlog for military installations has ballooned to more than $285 billion - leaving many facilities in disrepair, while risking readiness and service members' quality of life.
This figure is a jump up from 2022, when the maintenance backlog was about $137 billion. But the backlog continues to grow, because the services only request about 80% of the funds they need for...
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Apr 14, 2026 / Tyler Durden
US Says 'No Ships Made It Past Blockade' As Iran Mulls Hormuz Shipping Pause To Preserve Talks, Which Trump Says Could Happen In Two Days
US Says 'No Ships Made It Past Blockade' As Iran Mulls Hormuz Shipping Pause To Preserve Talks, Which Trump Says Could Happen In Two Days
Summary
CENTCOM: "During the first 24 hours, no ships made it past the U.S. blockade & 6 merchant vessels complied with direction from US forces to turn around to re-enter an Iranian port on the Gulf of Oman," it said.
Diplomacy is not yet dead, as Bloomberg reports Iran is mulling a short-term pause to shipments through Hormuz Strait. Trump tells NYP talks could happen again in two...
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