VW Supervisory Board Recommends Another 4,100 Job Cuts At Porsche

Futures Slide After Broadcom Forecast Miss Chills Tech Euphoria US equity futures are weaker, dragged lower by Tech after a disappointing outlook from Broadcom triggered doubts that the blistering rally in technology shares had gone too far, a move exacerbated by euphoric positioning. As of 8:00am ET, S&P futures dropped 0.4%, while Nasdaq futures slumped 1.2%. Broadcom, which added around $150 billion in market value just this week, slumped 13% in US premarket trading after its forecast for artificial-intelligence semiconductor revenue in the current quarter fell short of expectations. CrowdStrike shares also drop 10% after...

Welcome To The World's Largest Aircraft 'Boneyard': Where B-52s & F-16s Are Laid To Rest Authored by Allen Stein via The Epoch Times, They are the dinosaurs of the modern age—hulking retired aircraft baking in the Arizona sun, stretching in rows across the desert. Once America’s defenders of the sky—B-52 Stratofortress and B-1B Lancer bombers, F-16 Fighting Falcon fighters, C-130 Hercules and C-5 Galaxy cargo planes—they now sit idle, preserved for parts or history. Maintaining and reclaiming these aircraft is no small task at the nation’s only military aircraft “boneyard.” At Davis–Monthan Air Force...