UPS (NYSE:UPS) is opening a new US$100 million logistics hub in Taiwan as part of a wider overhaul of its global network. The company is reducing its exposure to Amazon volumes while putting more focus on high-tech and healthcare shipments. UPS plans significant job cuts and facility closures in 2026 as it reconfigures its operations and customer mix. United Parcel Service enters this shift with a...
UPS (NYSE:UPS) is opening a new US$100 million logistics hub in Taiwan as part of a wider overhaul of its global network. The company is reducing its exposure to Amazon volumes while putting more focus on high-tech and healthcare shipments. UPS plans significant job cuts and facility closures in 2026 as it reconfigures its operations and customer mix. United Parcel Service enters this shift with a mixed recent track record, with the share price at US$98.18 and a 7.3% return over the past...
Samuel Boivin | Nurphoto | Getty Images Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets . Rep. Seth Moulton , D-Mass., decried the Polymarket page that allowed users to bet on which day the U.S. would confirm the rescue of the two airmen after an American F-15E fighter j...
Samuel Boivin | Nurphoto | Getty Images Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets . Rep. Seth Moulton , D-Mass., decried the Polymarket page that allowed users to bet on which day the U.S. would confirm the rescue of the two airmen after an American F-15E fighter jet was shot down over Iran . The lawmaker called the page "DISGUSTING" in an X post. "They could be your neighbor, a friend, a family member," Moulton wrote on Friday. "And people are betting on whether or not they'll be saved." In a response on X , Polymarket said: "We took this market down immediately as it does not meet our integrity standards." "It should not have been posted, and we are investigating how this slipped through our internal safeguards," Polymarket wrote. In a separate X post, Polymarket said it doesn't "make money or charge any fees on any geopolitical markets." U.S. and Iranian military forces are searching for a missing American airman after its F-15E fighter jet was shot down over Iran on Friday. One crew member has been rescued, but another is not accounted for. Moulton last month banned his staff from using prediction market platforms like Polymarket or Kalshi , a policy that his office believes is the first of its kind in Congress. "Constituents that we serve should trust us to make decisions based on the right thing for do for our nation, not based on how bets might turn out," Moulton said Monday on CNBC's "Squawk Box." Moulton also said on X that Donald Trump Jr. , the son of President Donald Trump , "is an investor in this dystopian death market and may have access to intelligence that isn't public yet." The Massachusetts lawmaker is part of a growing chorus of voices in Washington calling for stronger oversight of these betting platforms as interest swells. A group of congressional Democrats introduced legislation late last month that would bar ...
narvo vexar Anthropic ( ANTHRO ) has acquired Coefficient Bio, a biotech focused on developing AI models for biological research, for slightly more than $400M, according to The Information and a report from Eric Newcomer. Coefficient Bio, comprising about 10 people, is set to join Anthropic’s ( ANTHRO ) Health Care Life Sciences team led by Eric Kauderer-Abrams following the all-stock buyout deal....
narvo vexar Anthropic ( ANTHRO ) has acquired Coefficient Bio, a biotech focused on developing AI models for biological research, for slightly more than $400M, according to The Information and a report from Eric Newcomer. Coefficient Bio, comprising about 10 people, is set to join Anthropic’s ( ANTHRO ) Health Care Life Sciences team led by Eric Kauderer-Abrams following the all-stock buyout deal. The New York-based company, half-owned by the venture capital firm Dimension, was formally launched only eight months ago by Samuel Stanton and Nathan C. Frey. In the past, the duo had worked in computational drug discovery at the drug discovery unit of Roche’s ( RHHBY ) ( RHHBF ) Genentech unit. The deal represents Amazon ( AMZN ) and Google ( GOOG ) ( GOOGL )-backed Anthropic’s ( ANTHRO ) latest foray into healthcare. In October, the company introduced Claude for Life Sciences, an AI-based tool for scientific discoveries, just months after hiring longtime industry veteran Kauderer-Abrams as its head of biology and life sciences. More on Anthropic Wall Street Lunch: Anthropic Tries To Contain Claude Code Instruction Leak Anthropic's IPO: What You Need To Know OpenClaw Is A Liability, Not The Breakthrough The AI Frenzy Suggests ChatGPT, DeepSeek continue to lose chatbot mobile market share in US as competition heats up US DOJ to appeal court order pausing ban on Anthropic's AI
US National Park Service lawyers cite materials that will be installed to make ‘heavily fortified’ facility Donald Trump’s administration is arguing that a judge’s order to halt construction of a $400m White House ballroom creates a security risk for the US president as his team asks a federal appeals court to pause the ruling. In a motion filed on Friday, US National Park Service (NPS) lawyers sa...
US National Park Service lawyers cite materials that will be installed to make ‘heavily fortified’ facility Donald Trump’s administration is arguing that a judge’s order to halt construction of a $400m White House ballroom creates a security risk for the US president as his team asks a federal appeals court to pause the ruling. In a motion filed on Friday, US National Park Service (NPS) lawyers say that the federal judge’s order to suspend construction of the new facility is “threatening grave national-security harms to the White House, the president and his family, and the president’s staff”. Continue reading...
DHS Rescinds Policy Requiring Secretary Review Of Contracts Above $100,000 Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The Department of Homeland Security (DHS) rescinded a policy on March 31 that required the department secretary to personally approve every contract and grant exceeding $100,000. U.S. Immigration and Customs Enforcement at the Department of Homeland Security in...
DHS Rescinds Policy Requiring Secretary Review Of Contracts Above $100,000 Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The Department of Homeland Security (DHS) rescinded a policy on March 31 that required the department secretary to personally approve every contract and grant exceeding $100,000. U.S. Immigration and Customs Enforcement at the Department of Homeland Security in Washington on Feb. 17, 2026. Madalina Kilroy/The Epoch Times Homeland Security Secretary Markwayne Mullin issued the reversal across all DHS components, including Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement (ICE). The change ends an earlier directive from former Homeland Security Secretary Kristi Noem that required the secretary’s office to handle routine purchasing decisions previously handled at lower levels. However, contracts and grants above $25 million will still require secretary review. DHS stated that the move will “streamline the contract process and empower components to carry out their mission to protect the homeland and make America safe again.” The department told The Epoch Times in a statement that Mullin “re-evaluated the contract processes to make sure DHS is serving the American taxpayer efficiently.” Mullin signaled the shift at the department during his confirmation hearing this month. “ I’m not a micromanager, ” he said, referring to Noem’s policy. “ We put people in, we empower them to make decisions. What is required to come up to my level, we'll make decisions .” Noem’s policy, signed shortly after she took office in 2025, sought to tighten oversight of taxpayer dollars at a time when DHS managed billions in contracts for border security, immigration detention, and disaster response. In September 2025, a Senate Homeland Security and Governmental Affairs Committee review found 1,034 Federal Emergency Management Agency contracts, grants, or disaster-assistance awards that were pending or delayed. The average approv...
It's been a bumpy ride as of late for CarMax (NYSE: KMX) . A turnaround could be in store, though. As of March 16, the auto retailer has a new CEO in Keith Barr. The leadership transition marks the end of uncertainty in the company's C-suite. The stock, which is down over 40% in the past 12 months, is trading at a discount and could be a solid buying opportunity now. There are execution risks and ...
It's been a bumpy ride as of late for CarMax (NYSE: KMX) . A turnaround could be in store, though. As of March 16, the auto retailer has a new CEO in Keith Barr. The leadership transition marks the end of uncertainty in the company's C-suite. The stock, which is down over 40% in the past 12 months, is trading at a discount and could be a solid buying opportunity now. There are execution risks and rough roads to navigate in the used-car market, but CarMax is charting a new path for itself, and the turnaround has begun. Should investors consider buying CarMax while it's under $45? Let's take a look at how the largest retailer of used cars in U.S. is faring. CarMax is a company in transition. In addition to the new CEO, CarMax is facing pressure from activist investor Starboard Value. Starboard has taken a significant stake in CarMax, valued at roughly $350 million, and recently nominated two new members to the board of directors. Starboard was also behind the push to hire Barr as the permanent CEO. Continue reading
Intel Corporation (NASDAQ:INTC) is one of the 10 Stocks Jim Cramer Talked About & Warned About A Weak Market. Chip manufacturing giant Intel Corporation (NASDAQ:INTC)’s shares are up by 27% and 124% over the past year. The shares have surged after new CEO Lip-Bu Tan took over. Along the way, Cramer has been consistently optimistic […]
Intel Corporation (NASDAQ:INTC) is one of the 10 Stocks Jim Cramer Talked About & Warned About A Weak Market. Chip manufacturing giant Intel Corporation (NASDAQ:INTC)’s shares are up by 27% and 124% over the past year. The shares have surged after new CEO Lip-Bu Tan took over. Along the way, Cramer has been consistently optimistic […]