Israel Continues Operations in Southwest Syria, Detains Local

Blackstone Just Made A Physical AI Bet On Actuator-Maker Powering Humanoid Robots Blackstone, the world's largest alternative asset manager, is making a big investment in Futronic, a 33-year-old automotive supplier whose motion-control technology has been adapted for industrial and humanoid robots, according to Reuters. The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person with knowledge of the matter. -RTRS  The deal comes just ahead of the expected rise of physical AI, with forecasts from top desks indicating that global robot deliveries could begin...

Rate-Hike Odds Soar Despite Lowest Core Consumer Price Inflation Since 2021 Following fuel-driven jump in Producer Prices, consensus was for a concomitant jump MoM in Consumer prices this morning, after last month's decline as energy prices have rebounded (though we warned that amid all the interventionist-y chatter, nothing would surprise us less than 'cool' print to offset the PPI scare). And analysts were right with headline CPI rising 0.4% MoM (exactly as expected) - biggest MoM since May - but prices rose 3.5% YoY (in line with expectations and flat to...

Honda Projects First Loss Since 1957 - $15.7 Billion - Thanks To EV Strategy Fail Authored by Rob Sabo via The Epoch Times (emphasis ours), A reassessment of Honda Motor Co., Ltd., corporate electric vehicle (EV) strategy and planned cancellation of three EV models for the North American market could lead to losses totaling approximately $15.7 billion for its fiscal year ending March 31, the company said in a news release on March 12. A Honda SUV e: Prototype electric vehicle is displayed during a media day for the Auto Shanghai show...