US Military Says It Bombed Southern Iran

The Omani Foreign Minister said that significant progress was made during talks between the US and Iran on Thursday.  “We have finished the day after significant progress in the negotiation between the United States and Iran,” Omani Foreign Minister Badr Albusaidi wrote on X. “We will resume soon after consultation in the respective capitals. Discussions […]

Beyond Chips: U.S. And China Enter Robotaxi Race As Physical AI Emerges  Last week, Goldman analysts led by Mark Delaney laid out a detailed roadmap for clients on how autonomous vehicles could reshape America's highways through the 2030s, with a particular focus on "the impact of AI on profit pools." In a separate report, Goldman analysts led by Allen Chang covered the rapid expansion of China's robotaxi fleet, highlighting how both superpowers now appear to be locked in a race to automate roads and highways.  "We expect a strong ramp up of...

PayPal Prepares Job Cuts As New CEO Takes "Deliberate Steps" In Turnaround Strategy PayPal shares fell 10% in the early U.S. cash session after CEO Enrique Lores began a turnaround effort aimed at "taking deliberate steps to sharpen focus and accelerate growth." Lores is pushing forward with a new turnaround plan that could generate at least $1.5 billion in savings for the struggling payment platform over the next two to three years. This will allow the company to reinvest in technology modernization. Lores said in an earnings release that PayPal...