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US Energy Chief Says Hormuz Can Reopen Without Clearing All Mines, Warns Iran Shut-ins Could Be Devastating
US Energy Chief Says Hormuz Can Reopen Without Clearing All Mines, Warns Iran Shut-ins Could Be Devastating
US Energy Secretary Chris Wright said that not all mines placed by Iran in the Strait of Hormuz need to removed for ships to resume transiting the vital passageway: “You just need a pathway for ships to be moved in and out,” Wright said in an interview on the sidelines of the Three Seas Summit and Business Forum in Dubrovnik. “I think that can happen quickly” he added suggesting that a restart can happen...
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Jun 12, 2026 / Tyler Durden
"Resetting Business": Xbox Layoffs Loom As New CEO Supercharges Overhaul
"Resetting Business": Xbox Layoffs Loom As New CEO Supercharges Overhaul
Microsoft's Xbox gaming division is preparing for a major round of job cuts at the end of the month as new Xbox CEO Asha Sharma moves to "reset" the unit amid a confluence of negative and worsening pressures, including shrinking revenue, soft hardware sales, plateauing Game Pass momentum, and what management now describes as an ongoing "hardware component crisis."
Bloomberg first reported that Microsoft will announce an upcoming round of layoffs after the company's fiscal year ends on June 30. The...
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Jun 10, 2026 / Tyler Durden
US Begins "Self-Defense" Strikes Against Multiple Targets In Iran
US Begins "Self-Defense" Strikes Against Multiple Targets In Iran
Summary
US begins strikes on Iran for second straight night: according to Centrom, "US forces began launching additional self-defense strikes today at 5:15 p.m. ET against multiple targets in Iran at the Commander in Chief’s direction. The strikes are in response to Iran’s unwarranted and continued aggression."
Explosions had been heard in the Iranian towns of Sirik, Manab, Bandar Abbas and Bushehr,
Hegseth confirms imminent attacks on key Iranian facilities
Trump says "Will be attacking Iran hard again today"
Trump says "secret mission" has reopened the...
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Feb 24, 2026 / Tyler Durden
Watch Live: The Anthropic Enterprise Agents Event That's Moving The Market
Watch Live: The Anthropic Enterprise Agents Event That's Moving The Market
Update 1030AM EST: Anthropic rolled out new AI capabilities for its Claude Cowork agent, designed to automate tasks in areas like human resources, investment banking, and design. Developed with partners including FactSet Research Systems Inc., the tools also allow business customers to customize plug-ins to fit their internal standards. The move is part of a broader push by Anthropic and OpenAI to expand AI deeper into professional industries.
Recent AI releases have unsettled Wall Street, contributing to sharp declines in...
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