A federal judge ruled that President Donald Trump’s lawsuit against the Internal Revenue Service was a “bad faith” attempt to manipulate the judicial process and barred him and his administration from citing its supposed settlement in any future regulatory or judicial proceedings. Processing Content Monday’s 56-page decision by U.S. District Judge Kathleen Williams in Miami…
With the specialized manufacturer acquisition, AE Industrial has established a specialty materials platform; Formed in 1973, PAC produces specialized powders used across both the OEM and aftermarket applications in the aerospace and gas turbine sectors, among others. AE Industrial Partners announced the acquisition of Powder Alloy Corp, a producer of highly-engineered metallic, ceramic, and thermal…
This frame grab taken from AFPTV video footage on July 12, 2026 shows cargo ships anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan. AFPTV | Getty Images The U.S. has completed its strikes against Iranian military targets for a third consecutive night, while Tehran hit…
As CEO of the Associated Press (AP), Daisy Veerasingham leads one of the world’s oldest and most trusted news organizations through one of its most transformative periods. Since taking the helm five years ago, she’s navigated the rise of AI, struck early partnerships with tech platforms, and pushed the 180-year-old institution to reimagine itself as…
Space Exploration Technologies (SPCX 4.24%) recently went public in what may have been the most anticipated IPO ever. It didn’t disappoint. The stock performed well on its debut and in the subsequent days, even rising to the fifth-largest company on the market at some point. A slew of analysts have weighed in on the stock….
For all the news about falling token prices, many enterprise leaders are experiencing sticker shock around AI agents. While the Stanford HAI 2025 AI Index reported that inference cost of GPT-3.5-level capability fell from $20 per million tokens to $0.07 through 2024, enterprise large language model (LLM) spending tripled over a 12-month period by the…
Shares of Q32 Bio (QTTB +90.72%) soared on Monday after the biotechnology company announced promising clinical trial results for its experimental hair loss treatment. Image source: Getty Images. Encouraging data A Phase 2a clinical study of Q32 Bio’s investigational antibody treatment, bempikibart, in patients with severe or very severe alopecia areata met its primary efficacy…
The U.S. announced a new round of strikes on Iran on Monday, hours after President Donald Trump said Washington is “reinstating” a blockade on Iran in the Strait of Hormuz and, in a seeming policy reversal, will charge other ships for safe passage. All of that comes as Iran has insisted it actually controls the critical waterway, and as…
The National Taxpayers Union Foundation’s Taxpayer Defense Center filed a lawsuit Monday against the Internal Revenue Service seeking to end the collection of private donor information from nonprofits, arguing it’s unconstitutional under the First Amendment. Processing Content The lawsuit was filed on behalf of Young America’s Foundation, a 501(c)3 conservative-leaning nonprofit led by former Wisconsin…
New York City and the Northeast will see temperatures surge this week as another wave of sultry weather shifts across the eastern US and southern Canada. Temperatures are forecast to top 90F (32C), potentially peaking at 98F in Central Park Wednesday, the National Weather Service said. Heat advisories and extreme heat watches have popped up…