Billionaire Ken Griffin donates $3 billion to Carnegie Mellon University. No university in the history of US education has received such a donation until Citadel founder Ken Griffin pledged an unprecedented $3 billion to Carnegie Mellon University. Part of the money will go towards making a new campus in Miami where Griffin stays and the … Read more
Anthropic is preparing for a huge IPO that could value the AI company at more than $2 trillion. The planned public offering would be one of the biggest tests yet of how investors value leading AI companies. Anthropic IPO faces questions over its $2 trillion valuation, huge losses and massive AI spending. (REUTERS/Carlos Barria/File Photo) … Read more
Rendering of the proposed US Pavilion for Expo 2031 in Minnesota. (Minnesota Star Tribune photo) Minnesota has selected Lakeville as the planned host city for Expo 2031, a six-month international exhibition focused on horticulture. According to Minnesota Star Tribune, organisers have signed a purchase agreement for nearly 57 acres of land near Interstate 35 and … Read more
A $1.04 billion Powerball jackpot winner in Illinois has finally claimed the prize nearly one month after the August 12 drawing, ending the mystery over who held the winning ticket. The winner, who has chosen to remain anonymous, bought a $2 Quick Pick for a single line of Powerball numbers at Hy-Vee Fast & Fresh … Read more
The Trump administration is moving to rescind nearly $1 billion in federal spending it describes as “wasteful” and harmful, with funding for immigrant and migrant services among the major targets in the latest White House spending-cut package. President Donald Trump moves to cut nearly $1 billion in ‘wasteful’ spending tied to immigrants, migrant services. (AP … Read more
A proposed $103,265 H-1B visa fee could end up costing the US Treasury billions of dollars over the next decade if the steep increase prompts employers to reduce applications, according to a new analysis by the Computer & Communications Industry Association (CCIA) Research Center. H-1B visa fee could cost US Treasury $38 billion. (Representational photo) … Read more
McDonald’s is planning a major $8.5 billion spending push to improve its restaurants, employees and menu as it tries to bring more customers back. The fast-food giant said it will spend $8.5 billion by 2036 on several changes across its business. The plan includes remodeling restaurants, training employees and adding new food items, especially for … Read more
File photo: US president Donald Trump with Chinese premier XI Jinping Chinese President Xi Jinping is expected to press US President Donald Trump to halt arms sales to Taiwan when the two leaders meet in Washington this week. Sources have informed Reuters that Beijing is likely to invoke a 1982 US-China agreement that commits Washington … Read more
A $2.52 billion federal loan has been approved to build the Interstate 10 Mobile River Bridge and Bayway project, clearing the way for the largest infrastructure project in Alabama’s history. US Transportation Secretary Sean P. Duffy announced the approval of the low-interest loan, which provides key funding for the $4.15 billion project aimed at fixing … Read more
File photo: Shredded tents, destroyed jet: Images reveal hidden scale of Iranian strikes on US Gulf bases The human and material cost of America’s war with Iran is proving larger than previously disclosed, with the Pentagon telling Congress that the conflict has cost $45.1 billion so far, while a Washington Post report said the number … Read more