White House adviser David Sacks said Congress could pass bipartisan artificial intelligence legislation within months, a move that would fulfill President Donald Trump ’s pledge to create a national playbook for regulating the emerging technology. “We’ve gotten a very good reception from Capitol Hill,” Sacks said Thursday in a Bloomberg Television interview. “This is an area where I think we’re we...
White House adviser David Sacks said Congress could pass bipartisan artificial intelligence legislation within months, a move that would fulfill President Donald Trump ’s pledge to create a national playbook for regulating the emerging technology. “We’ve gotten a very good reception from Capitol Hill,” Sacks said Thursday in a Bloomberg Television interview. “This is an area where I think we’re we’re willing and happy to work with Democrats. And I think there’s a lot of Democrats who would like to see a single, national framework as well.” Sacks’ comments come after the White House last week unveiled a long-awaited national blueprint for AI regulation, a legislative wish-list aimed at creating a federal standard that would override state laws. The framework, which the administration wants Congress to codify, calls for online safeguards for children, less stringent permitting requirements to shield customers from spikes in utility bills, intellectual property rights protections and language to prevent censorship. Federal lawmakers have struggled for decades to regulate new technologies, and the rapid development of artificial intelligence is no different. Several states have moved to pass their own rules, with more than 100 measures adopted in the last year. It’s uncertain if the White House can win bipartisan support for the proposal ahead of the November midterm elections which will determine control of Congress. Democrats are likely reluctant to hand Republicans any legislative victories ahead of those votes. But Sacks said he believes Democrats “understand that it’s not feasible or practical to have 50 states running 50 different directions.” He argued that a national standard would eliminate confusion from a patchwork of state laws. Critics say state laws provide needed guardrails to protect consumers from the potential risks and harms that AI poses. Read More: Trump’s AI Advisers Urge Congress to Pass National Set of Rules A venture capitalist with deep ties to...
Riccardo Savi/Getty Images Entertainment Novo Nordisk ( NVO ) appointed Mars CEO Poul Weihrauch as a board observer at the Danish pharma's annual general meeting on Thursday. The move comes as Novo is trying to burnish its position in the obesity drugs market. Novo noted that it intends to nominate Weihrauch as a board member at the 2027 meeting. The company currently offers its GLP-1 medicines, W...
Riccardo Savi/Getty Images Entertainment Novo Nordisk ( NVO ) appointed Mars CEO Poul Weihrauch as a board observer at the Danish pharma's annual general meeting on Thursday. The move comes as Novo is trying to burnish its position in the obesity drugs market. Novo noted that it intends to nominate Weihrauch as a board member at the 2027 meeting. The company currently offers its GLP-1 medicines, Wegovy (semaglutide) and Ozempic (semaglutide) directly to consumers through its NovoCare Pharmacy and participation with the TrumpRx website. In addition, it has partnerships with telehealth platforms Hims & Hers Health ( HIMS ) and Ro. "We need to start to see our community more as customers than as patients," Novo Nordisk Chairman Lars Rebien Sorensen told reporters, Reuters reported , adding that the company is examining consumer behavior to find out how patients seek treatment and where they are most likely to purchase medicines. More on Novo Nordisk Novo Nordisk: The Illusion Of Cheap Novo Nordisk - Enough Is Enough: 5 Reasons It's Time To Sell (Rating Downgrade) Novo Nordisk: Buying The Dip Before Volume Dominance Novo’s China obesity drug posts positive mid-stage trial results Novo Nordisk board proposes DKK 7.95 final dividend for 2025, initiates DKK 15B buyback
Palantir (PLTR) just picked up another government contract that is causing massive waves in the market. Much like any other Palantir contract, it looks like the news is sending off alarm bells. The data analytics and AI software company won a short-term deal with the UK’s Financial Conduct ...
Palantir (PLTR) just picked up another government contract that is causing massive waves in the market. Much like any other Palantir contract, it looks like the news is sending off alarm bells. The data analytics and AI software company won a short-term deal with the UK’s Financial Conduct ...
APP's standout margins ??? 84% adjusted EBITDA and 66% net income ??? highlight the power of its high-margin software mix and disciplined costs despite a sharp stock pullback.
APP's standout margins ??? 84% adjusted EBITDA and 66% net income ??? highlight the power of its high-margin software mix and disciplined costs despite a sharp stock pullback.
Shares in multi-cancer early detection (MCED) test company Grail (NASDAQ: GRAL) rose by 11.4% in the week to Thursday, 1 p.m. The move comes as analysts warm to the stock's risk/reward proposition. High risk and high reward are definitely how investors should think about this stock. The stock declined sharply in February on news that it missed its primary endpoint in a 3-year period and in a 142,0...
Shares in multi-cancer early detection (MCED) test company Grail (NASDAQ: GRAL) rose by 11.4% in the week to Thursday, 1 p.m. The move comes as analysts warm to the stock's risk/reward proposition. High risk and high reward are definitely how investors should think about this stock. The stock declined sharply in February on news that it missed its primary endpoint in a 3-year period and in a 142,000-person demographic trial of its Galleri MCED test with England's National Health Service. Image source: Getty Images. Continue reading
Investor interest in backing startups in foundational industries has been growing. Rachel Holt, co-founder and managing partner of Construct Capital, discusses why the firm has been focused on this area since 2020. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Investor interest in backing startups in foundational industries has been growing. Rachel Holt, co-founder and managing partner of Construct Capital, discusses why the firm has been focused on this area since 2020. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Nvidia Corporation is the largest company in the world, but Senator Elizabeth Warren (D-Mass.) says that “allowing a single company to effectively be the gatekeeper for the world’s AI future is dangerous and poses dire economic risks.” A Wall Street Journal investigation published Monday details how Nvidia has become the AI industry’s most powerful financier, investing tens of billions in the same...
Nvidia Corporation is the largest company in the world, but Senator Elizabeth Warren (D-Mass.) says that “allowing a single company to effectively be the gatekeeper for the world’s AI future is dangerous and poses dire economic risks.” A Wall Street Journal investigation published Monday details how Nvidia has become the AI industry’s most powerful financier, investing tens of billions in the same startups and cloud providers that buy its GPUs. How The Flywheel Works Nvidia invested roughly $800
Max Layton, global head of commodities research at Citi, joins Scarlet Fu on "Bloomberg Markets." Oil rose on Thursday after President Trump threatened Iran with intensified military action, with the two sides seemingly far from a ceasefire in a conflict that has upended global energy market. (Source: Bloomberg)
Max Layton, global head of commodities research at Citi, joins Scarlet Fu on "Bloomberg Markets." Oil rose on Thursday after President Trump threatened Iran with intensified military action, with the two sides seemingly far from a ceasefire in a conflict that has upended global energy market. (Source: Bloomberg)
ST. PAUL, Minn., March 26, 2026--Patterson Companies has announced the appointment of Gregg Kunes as Patterson’s new chief digital officer. Kunes brings a wealth of experience in driving growth and modernization in complex global distribution and manufacturing environments.
ST. PAUL, Minn., March 26, 2026--Patterson Companies has announced the appointment of Gregg Kunes as Patterson’s new chief digital officer. Kunes brings a wealth of experience in driving growth and modernization in complex global distribution and manufacturing environments.
⚽️ Updates from the single-leg semi-final in Bergamo: 7.45pm GMT KO ⚽️ WCL fixtures and schedule | Email Scott “Bout ye, Italy?” To which the only honest answer is surely: not very well. Because while Italy go into tonight’s 2026 World Cup qualification semi-final with a 100-percent record at home to Northern Ireland, they have demons, baggage, and demons carrying baggage containing demons. You se...
⚽️ Updates from the single-leg semi-final in Bergamo: 7.45pm GMT KO ⚽️ WCL fixtures and schedule | Email Scott “Bout ye, Italy?” To which the only honest answer is surely: not very well. Because while Italy go into tonight’s 2026 World Cup qualification semi-final with a 100-percent record at home to Northern Ireland, they have demons, baggage, and demons carrying baggage containing demons. You see, the Azzurri are living in ABJECT FEAR OF FAILING TO QUALIFY FOR THE WORLD CUP FINALS FOR THE THIRD SUCCESSIVE TIME, and the implications of that for the four-time winners don’t bear thinking about. And while they’re hot favourites to clear this hurdle tonight, they were hot favourites to see off Sweden in these play-offs for Russia 2018, and hot favourites at home against North Macedonia for Qatar 2022, and look what happened there. So nobody’s taking anything for granted. Oh, and those aforementioned qualification disasters were only the second and third time Italy had ever failed to reach the World Cup finals. The first, back in 1958? Well that particular blow was dealt by … The Italian national team had a hard time of it for quite a while after the war. The 1948 Superga crash , which wiped out Torino, effectively did for the Azzurri too. A depleted team made their way to Brazil for the 1950 World Cup, but only by boat, understandably fearful of air travel. Knackered and unfit coming off the ship, they almost immediately got themselves knocked out. They travelled home by plane. The 1954 tournament in Switzerland ended abruptly with a 4-1 trouncing at the hands of the hosts. Chile in 1962 was all about the shame of Santiago, though that was nothing on the humiliation North Korea heaped on them in 1966. After which the team won Euro 68 and made it to the final of the 1970 World Cup. All better, then, but by lord those two decades were quite the haul. Continue reading...
The following companies are expected to report earnings after hours on 03/26/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Argan, Inc. (AGX)is reporting for the quarter ending January 31, 2026. The building company's consensus earnings per share
The following companies are expected to report earnings after hours on 03/26/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Argan, Inc. (AGX)is reporting for the quarter ending January 31, 2026. The building company's consensus earnings per share
Capital Group , the world’s largest active fund manager, is buying its current headquarters building in downtown Los Angeles as part of expansion plans that also include opening an office in Charlotte, North Carolina. The closely held firm, which has called Los Angeles home since the 1930s, agreed to acquire 333 S. Hope St., known as Bank of America Plaza and one of the city’s tallest buildings. C...
Capital Group , the world’s largest active fund manager, is buying its current headquarters building in downtown Los Angeles as part of expansion plans that also include opening an office in Charlotte, North Carolina. The closely held firm, which has called Los Angeles home since the 1930s, agreed to acquire 333 S. Hope St., known as Bank of America Plaza and one of the city’s tallest buildings. Capital Group intends to consolidate its LA operations at the 55-story tower and eventually base more than 2,100 employees there, according to a statement Thursday. “We knew the best landlord we could possibly have would be ourselves,” Chief Executive Officer Mike Gitlin said in a phone interview. “The best way to ensure a great environment in downtown LA is to create what we’re calling a vertical campus.” The company declined to comment on the purchase price for the building, which was last appraised in late 2024 for $212.5 million, down from $605 million 10 years before. The property, constructed in 1974 and renovated in 2009, was part of a massive portfolio acquired in 2013 by Brookfield on its way to becoming the largest office landlord in downtown LA. “It was just this unique opportunity where the price was much lower than it had been historically, and it was for sale,” Gitlin said. The purchase also marks a commitment to the city where Capital Group was founded, coming at a time when its downtown is still struggling to recover from the pandemic office exodus. Many tenants turned to remote work and borrowing costs jumped, leading Brookfield to walk away from some of its LA properties at steep losses . Capital Group, which manages more than $3 trillion, plans to renovate the tower and occupy roughly 20 floors, leasing out the rest of the space to other tenants. It’ll eventually move employees from two other LA offices to the building. The company is also developing a new office in Charlotte for roughly 500 to 700 workers in compliance, legal, technology and data, accordi...