Is Marco Rubio The New Heir Apparent To Trump?

La-Z-Boy Crashes Most Since 2022 As Frozen Housing Market Crushes Sofa Demand La-Z-Boy shares suffered their steepest decline in 4.5 years on Wednesday after the furniture maker's second-quarter guidance missed expectations, providing even more evidence that weak housing turnover has suppressed demand for big-ticket discretionary goods such as sofas and recliners. With mortgage rates elevated and home prices near record levels, affordability remains severely stretched, keeping transaction volumes depressed, thus limiting replacement purchases that typically drive furniture demand. La-Z-Boy forecasted second-quarter sales of $475.7 million, down 3% from a year earlier and well...

Waste Of The Day: Alleged Data Center Fraud Authored by Jeremy Portnoy via RealClearInvestigations, The Securities and Exchange Commission paid $10.7 million to store its electronic data at a Maryland facility that was allegedly certified by a company that does not exist. AiNET Corp. and its former CEO Deepak Jain recently agreed to pay $1.8 million to settle allegations that they violated the False Claims Act by knowingly defrauding the government. The settlement does not contain an admission of guilt. Key facts: When the SEC began looking for a new data center in...

Chips To Ships: Nvidia Plans New Shipbuilding Investment With Kawasaki Authored by Stuart Chirls via FreightWaves.com, Can the world’s newest technology give a boost to one of transportation’s oldest? A plan by leading Asia companies wants to find out. Nvidia and Kawasaki Heavy Industries announced a joint effort to build a “next‑generation digital shipyard” at Kawasaki’s Sakaide Works in Japan.  The core of the deal is co‑development of AI‑powered robots for shipbuilding tasks such as welding, painting, inspection, and material handling. Kawasaki (OTC: KWHIY) will contribute decades of shipbuilding data, production know‑how, and its own...