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DeepSeek and Huawei Target a Key Source of Nvidia’s A.I. Dominance
In China’s push for self-reliance in artificial intelligence, DeepSeek and Huawei have teamed up to develop software tools for advanced chips.
Troubles at Situational Awareness Point to Record Stock Market Leverage
A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.
Sunkist Fruit Gems, Bar Mitzvah Staple, Get 2nd Chance After Discontinuation
The company said that Candyrific of Louisville, Ky., will produce the jelly candy that comes in a rainbow of colors and citrus flavors and is used in Jewish traditions.
Greggs to shut four factories and cut 740 jobs
The company says it needs to "keep evolving alongside changing customer expectations".
Trump Administration Prepares to Ask Tax Filers if They Are U.S. Citizens
The new question, included on a draft version of the primary tax form, comes as part of an anti-immigrant turn at an agency that long prioritized tax administration.
Fed’s Preferred Inflation Gauge Points to Continued Price Pressures
The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.
Household energy bills forecast to see biggest rise in four years
A typical household faces an annual gas and electricity bill of £1,999 from January, based on a key forecast.
X2, Troubled Six Flags Roller Coaster, to Close After Lawsuits
The ride at Magic Mountain near Los Angeles has fueled lawsuits claiming that it had caused brain injuries, including two that were fatal.
New World to hand over 11 Skies project in April
The Airport Authority (AA) said on Wednesday that it reached an agreement with New World Development to terminate the sublease of the 11 Skies development project early. The property developer will hand over the mega complex located near the Hong Kong International Airport and the Hong Kong-Zhuhai-Macao Bridge on April 1 next year along with the assets in connection with the development at no cost, and provide cash and cash equivalents of more than HK$3 billion to the authority. The authority said the 11 Skies project will complement Skytopia – a HK$100 billion mega project that aims to transform the area around the airport into a world-class destination for tourism as well as business activities, linking the city and the Greater Bay Area. Its chairman, Fred Lam said the 11 Skies project is more than a usual shopping complex. “The scale of the project is well-suited for large scale entertainment facilities and experience-driven offerings that would not be possible in other indoor venues in Hong Kong. It will be a unique entertainment hub that forms an integral part of Skytopia, whose attraction is not only about stunning hardware,” he said. “We believe it is the software – the contents, culture and holistic offering of an appealing environment that hold the key to success.” The authority's CEO Vivian Cheung, for her part, said the AA has also set up a new subsidiary dedicated to the project, and it aims to commence operations along with major Skytopia components in 2028-29. Edited by Aaron Tam
The volunteers baking birthday cakes for children
The Hampshire group says it has seen a rise in demand and it needs more volunteer bakers.