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Bloomberg: Iran Destroyed Nearly $1 Billion Worth of US MQ-9 Reaper Drones
Bloomberg reported on Thursday that during the US-Israeli bombing campaign against Iran that began on February 28, Iranian forces destroyed more than two dozen US MQ-9 Reaper drones, or nearly $1 billion worth of the unmanned aircraft. The number represents about 20% of the Pentagon’s MQ-9 inventory. The drones have been used for nearly two […]
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Apr 30, 2026 / Tyler Durden
Heavily Shorted Hertz Soars On Uber Robotaxi Deal
Heavily Shorted Hertz Soars On Uber Robotaxi Deal
Heavily shorted shares of rental-car company Hertz are soaring in premarket trading after the company announced a partnership with Uber Technologies to scale both autonomous robotaxi and driver-led rideshare operations.
Hertz’s Oro Mobility unit will be used as a fleet-management system for Uber’s next-generation mobility network of autonomous robotaxis. This means Oro will support the critical operating layer: charging, maintenance, repairs, cleaning, depot staffing, and vehicle logistics.
"Through its partnerships with Uber, Oro will deliver scalable operational and maintenance services across both autonomous and...
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May 26, 2026 / Tyler Durden
Conference Board Consumer Expectations Hit YTD Highs, Inflation Fears Dip In May
Conference Board Consumer Expectations Hit YTD Highs, Inflation Fears Dip In May
With war (and rising gas prices) now fully embedded in respondents' minds (along with record high stock prices), it is perhaps not entirely surprising that The Conference Board's Consumer Confidence dipped in May (but was better than expected).
The headline index dipped 0.7 points to 93.1 in May, down from an upwardly revised 93.8 in April.
The Present Situation Index - based on consumers’ assessment of current business and labor market conditions - retreated by 3.2 points to 121.2.
The Expectations Index -...
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Mar 6, 2026 / Tyler Durden
From 'Model Migrant' To Wife-Chopper: Integration Poster-Boy Accused Of Grisly Murder
From 'Model Migrant' To Wife-Chopper: Integration Poster-Boy Accused Of Grisly Murder
Via Remix News,
The Eritrean migrant accused of dismembering his partner and the mother of his daughter was once held up as a “model migrant” 10 years ago in a variety of German newspapers. These papers reported that he was an example of how “integration” could work.
Today, 41-year-old Asmerom G. is accused of butchering his own wife. In fact, authorities have still not found her head.
German media were still singing his praises in 2016. The man from Eritrea had landed...
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