A Small but Welcome Justice at Gitmo

Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag" Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market. The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market....

Expect Electricity Prices To Rise Further, Analysts Warn By Robert Walton of UtilityDive, U.S. electricity prices have risen significantly in recent years, though “national trends mask stark differences” in state prices, according to an April 1 analysis by Lawrence Berkeley National Laboratory and The Brattle Group. Whether you take a “crisis” or “more nuanced view” of the increases - the analysis offers both - one thing is likely, according to the report: “Record levels of [investor-owned utility] rate increase requests & regulatory approvals suggest additional near-term price increases absent policy/market actions.” There were...

Tech Giant Feared Its AI Tools Started A Commercial 'Doom Loop,' New Documents Reveal Authored by Stacy Robinson via The Epoch Times, AI executives allegedly knew their products could unlawfully harm businesses, flood the market with inferior work, and damage human society's creative capacity as a whole, according to communications newly revealed in a lawsuit. Those internal documents were cited in a lawsuit brought by The New York Times, Mother Jones, and other news outlets alleging OpenAI and Microsoft's AI tools stole their work, and are harming their bottom lines. "Millions of people...