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COVID 19 Articles
UK looking to give carmakers incentives to turn EVs into ‘power plants on wheels’
UK ministers are considering government incentives for carmakers to install vehicle-to-grid technology in electric vehicles, allowing cars to sell electricity back to power grids during peak demand periods.
Do people become less creative as they get older? Research makes surprising discovery
A new study finds adults outperform preschoolers on creative tasks but feel less confident and more anxious doing them, challenging assumptions about age and creativity.
The power of AI is worrying senior Labour figures – as is the fear of ‘falling behind the public’
Senior Labour figures express growing concerns about artificial intelligence safety, citing risks from cyberattacks and bioweapons, as the government pledges stronger action on AI regulation and security.
Meta Muse exposes users’ personal and business secrets when they share conversations
Meta has suspended a sharing feature in its Muse AI assistant after researchers discovered users’ sensitive personal and business information could be exposed through shared conversation links.
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Businesses are getting tariff refunds. Why aren’t consumers getting their cut?
The federal government is refunding over $160 billion in tariffs following a Supreme Court ruling, but most money is returning to businesses and importers rather than consumers who paid higher prices.
The Social Security trust fund is running out, and yet it’s not a top campaign issue
The Social Security trust fund is projected to deplete reserves by 2032, yet the issue remains largely absent from campaign discussions despite requiring significant congressional action within six years.
Inside the Democratic task force preparing for if Trump interferes in the midterms
Congressional Democrats have formed a task force of at least 11 senators to prepare for potential election interference by President Trump during the midterms, citing concerns about fraud claims and voting process disruption.
Treasury proposes low-cost investment rules for Trump Accounts
The Treasury Department released proposed guidance Thursday establishing investment eligibility criteria for Trump Accounts, tax-deferred accounts for children designed to maximize long-term savings through low-cost index fund options.
Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back
The Education Department is recalculating PSLF payment counts for some borrowers, reducing qualifying payments and delaying debt forgiveness eligibility for public service workers.
Alibaba shares fall 5% as AI spending drives 75% drop in net income
Alibaba shares fell 4.6% after the Chinese tech giant reported a 75% drop in net income for the June quarter, driven by capital expenditure surging 75% to 67.7 billion yuan amid AI infrastructure investments.
Strattec Security Corporation Q4 2026 Earnings Call Summary
Strattec Security achieved record annual revenue of $579.4 million in fiscal 2026 while expanding gross margins by 150 basis points to 16.5% through pricing discipline and operational improvements.
Intuit Inc. Q4 2026 Earnings Call Summary
Intuit is shifting strategy toward acquiring new customers and investing in AI-driven products while guiding for 9-10% revenue growth in the coming fiscal year, down from prior expectations.
Semtech Corporation Q2 2027 Earnings Call Summary
Semtech achieved record data center revenue of $100 million with 91% year-over-year growth, driven by 800G and 1.6T architecture demand. The company projects 45% sequential revenue growth in data center for Q3.
Revolut Launches Euro-Pegged EURR Stablecoin
Neobank Revolut launched its euro-pegged EURR stablecoin to selected customers in Denmark, Poland and Portugal, with broader European rollout anticipated later this year pending regulatory approval.
Zoom Q2 FY2027 earnings beat but profit outlook disappoints
Zoom beat analyst expectations on second-quarter revenue and profit but issued a third-quarter guidance that disappointed Wall Street, causing the stock to decline.
Corn Closing in on 3-year Highs
Corn futures rose sharply early Wednesday, trading near 3-year highs amid wheat spillover strength and U.S. crop supply concerns, with September contracts closing above $5 per bushel.