Tag: AI

Posts with tag: AI

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Linda McMahon Vows to Continue Public Service Loan Forgiveness

Education Secretary nominee Linda McMahon pledges to continue popular Public Service Loan Forgiveness program despite potential pressure from within the Trump administration. Despite criticism and attempts to eliminate the program in the past, McMahon affirms her commitment to honoring existing laws that grant loan forgiveness for government and nonprofit service.

Knife River Corp. Reports Q4 Net Income of $23.3 Million

Knife River Corp. reported Q4 net income of $23.3 million, or 41 cents per share. Annual revenue reached $2.9 billion with a yearly profit of $201.7 million ($3.55 per share).

American Electric Power Co. reports Q4 profit matching estimates

American Electric Power Co. reports Q4 earnings of $1.25 per share, matching Wall Street expectations. Revenue at $4.7B misses forecasts. AEP expects full-year earnings in the range of $5.75 to $5.95 per share.

Warren: Only Congress Can Shutter Consumer Watchdog

Sen. Elizabeth Warren says only Congress can shutter the Consumer Financial Protection Bureau, setting up a potential legal clash with President Donald Trump.

Thyssenkrupp raises cash flow outlook on German submarine order

Thyssenkrupp raised its outlook for free cash flow after receiving advance payments for a major submarine order from the German military, highlighting the strength of its warship division.

Alibaba Partners with Apple on AI for iPhones in China

Alibaba partners with Apple on AI for iPhones sold in China, confirms chairman Joe Tsai at World Governments Summit in Dubai.

Reddit's Earnings Beat Estimates, But User Growth Disappoints

Reddit's Q4 earnings beat estimates but user growth disappoints, sending shares down 15% in after-hours trading.

Nations Seek EU Gas Storage Flexibility Amid Tight Supply, High Prices

European nations seek flexibility on gas storage refill targets to address concerns over high prices and depleting stockpiles, pushing for an easing of the 90% refill target by November 1st.

ECB's Nagel Warns Against Hasty Rate Cuts as Economy Nears Neutral

ECB Governing Council member Nagel cautions against rushing further interest rate cuts, emphasizing the need for a gradual approach as borrowing costs approach neutral levels.

Oracle Co-Founder Pushes for National Data Consolidation for AI

Oracle Co-founder Larry Ellison says governments should consolidate national data for AI models. He claims that unifying data sets can improve public services, reduce costs, and prevent fraud.