Senate Confirms Kevin Warsh As Fed Chair In Most Partisan Vote Ever

US Govt. Lab Launches Advanced Battery Lab To Help Power Grid Authored by Georgina Jedikovska via Interesting Engineering, The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid. PNNL's new prismatic cell line will allow researchers and industry partners to create, test and demonstrate real-world prismatic cells at an industrially relevant scale. (Andrea Starr/Pacific Northwest National Laboratory)  The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by...

AI Winners Unwind Sparks Panic In South Korea As SK Hynix Suffers Record Plunge, KOSPI Dumps SK Hynix shares suffered their steepest decline on record in Seoul following Friday's blockbuster ADR debut in New York. The sell-off spread across South Korea's memory and data storage stocks, helping to drive the benchmark KOSPI down as much as 9% and triggering a 20-minute market-wide trading halt. SK Hynix fell 15% to 1.845 million won on Monday, while its ADRs dropped nearly 9% in premarket trading to $153.50. The decline came as the...

Axios reported on Sunday that the US and Iran have agreed to stop striking each other after several days of attacks across the Strait of Hormuz and that the two sides will meet for talks in Doha this Tuesday. So far, the story hasn’t been confirmed by the Iranian side, and an Iranian official said […]