Kroger countersues rival Albertsons after demise of $25 billion merger Albertsons terminated the merger immediately after courts blocked it and sued Kroger, alleging a breach of contract that led to the deal falling apart. The formal termination ended a two-year effort by the grocery chains to combine that regulators - who moved to stop the deal - said would eliminate competitio .... Read More >>
DeepSeek narrows China-US AI gap to three months, 01.AI founder Lee Kai-fu says BEIJING/HONG KONG (Reuters) - China has narrowed the AI development gap with the United States to just three months in some areas, because firms such as DeepSeek have worked out how to use chips and apply algorithms more efficiently, the CEO of Chinese startup 01.AI Lee Kai-fu said.Lee, a prominent figure .... Read More >>
China poses top military, cyber threat to US, intel chiefs say WASHINGTON (Reuters) -China remains the United States' top military and cyber threat, according to a report by U.S. intelligence agencies published on Tuesday that said Beijing was making "steady but uneven" progress on capabilities it could use to capture Taiwan.China has the ability to hit the United States .... Read More >>
Boeing production of Patriot component hits record WASHINGTON (Reuters) - Boeing said on Tuesday it had ramped up production of a critical component for Patriot air defense interceptor missiles - the seeker that identifies and tracks efforts to knock them down - to meet growing demand from the U.S. and allies.Eighteen countries, including Ukraine, use PA .... Read More >>
It's Time to Buy Elon's "ChatGPT Killer" [sponsor] Elon Musk's new AI model is blowing everyone's mind. It has been called "a game-changer in AI innovation"... "The future of AI"... And "a revolutionary leap forward." Tech legend and angel investor Jeff Brown believes this AI is so powerful that it will kill ChatGPT... And make a lot of people rich in the process. Click here to see the details before May 1st.
US visit to Greenland is unacceptable, Danish prime minister says COPENHAGEN (Reuters) -The United States is exerting "unacceptable pressure" on Greenland, Denmark's Prime Minister Mette Frederiksen said on Tuesday, ahead of an unsolicited visit by a high-profile U.S. delegation to the semi-autonomous Danish territory this week. The visit to an American military base and a .... Read More >>
Merck buys rights to heart disease drug in latest China deal (Reuters) -Merck has signed a licensing agreement for a heart disease drug with Jiangsu Hengrui Pharmaceuticals worth up to $2 billion, the latest in a series of deals U.S. drugmakers have recently signed with China-based firms.Large drugmakers including Merck and Eli Lilly have turned to Chinese biotechs for .... Read More >>
Alibaba says to restart hiring, sees signs of start of AI bubble in the US HONG KONG (Reuters) -Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant would recommence hiring, emboldened with more confidence following President Xi Jinping's February meeting with business entrepreneurs.He also expressed concern about some very big investment announcements in artificial intell .... Read More >>
The Looming Doge Collapse [sponsor] In just a matter of weeks, 30,000 federal employees across various agencies lost their jobs. But market expert Rob Spivey believes we're about to see a dramatic acceleration of the DOGE agenda... culminating in a collapse that'll change everything about what it means to live, work, and earn money in America. If you thought these past few weeks in the stock market were wild, Rob explains they'll be nothing compared to what's coming next. More here...
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