The COVID Playbook Returns: Energy Rationing & The Politics Of Crisis Control

Regulators Circle StanChart After CEO's AI Layoff Comments Spark Uproar It has been a tumultuous week for Standard Chartered CEO Bill Winters. Winters appeared out of touch with the growing anxiety surrounding mounting white-collar AI-related job losses. He described the bank's AI adoption push as "not cost-cutting," but rather as "replacing lower-value human capital with financial and investment capital." Such language ignited a firestorm for the CEO and the bank, and by the end of the week, regulatory scrutiny had descended on the firm. Reuters reports that authorities in Hong Kong and...

NASA Awards Next 2 Private Astronaut Missions To International Space Station Authored by T.J. Muscaro via The Epoch Times (emphasis ours), NASA has awarded its next two private astronaut missions to the International Space Station (ISS) in as many weeks, marking a further expansion of the private sector in low Earth orbit and continuing Administrator Jared Isaacman’s intention to make the most use of the orbiting outpost. In this image from video, the 11 International Space Station crew members representing Expedition 70 (red shirts) and Axiom Space 3 (dark blue suits) crews...

Michael Saylor Responds To Scrutiny As Strategy Shares & STRC Hit 52-Week Lows Authored by Micah Zimmerman via BitcoinMagazine.com, Michael Saylor responded to the deepening selloff in Strategy’s stock and preferred shares Friday with a statement on X. “Volatility tests every capital structure,” Saylor wrote. “Strategy remains focused on Bitcoin, disciplined capital allocation, credit quality, and long-term value creation. We appreciate our investors and will continue to execute with transparency and resolve. $MSTR”. The tweet landed as MSTR shares and STRC, Strategy’s variable-rate perpetual preferred, both hit 52-week lows. MSTR has shed more than 80%...