Oracle Expands Database to Ampere Chips, Dealing a Blow to Intel
Oracle Corp. said its industry-leading database software can be used with a new type of processor for the
2023-06-29 02:53
FTX accuses ex-lawyer of aiding Bankman-Fried's fraud, silencing whistleblowers
By Andrew Goudsward Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding
2023-06-29 02:49
President talks up 'Bidenomics' though new poll shows just 34% approve his handling of the economy
President Joe Biden had a tough sell Wednesday, trying to convince voters that the U.S. economy is flourishing
2023-06-29 02:27
DoorDash is offering hourly pay to fix a problem with food orders
Some DoorDash drivers are fed up with the unpredictable delivery business: Some orders can take longer than expected due to circumstances outside of workers' control. The company said it has a solution.
2023-06-29 02:24
US public debt burden to rise to 181% of GDP by 2053, CBO projects
WASHINGTON The U.S. public debt burden will reach 181% of economic output in 2053, the Congressional Budget Office
2023-06-29 02:21
Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’
President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024
2023-06-29 02:18
BMO Capital Markets Cuts About 100 Jobs With Deals Drying Up
Bank of Montreal’s capital markets unit is cutting about 100 positions, or 3.5% of the division’s staff, in
2023-06-29 01:58
Activision CEO says gamers would 'revolt' if 'Call of Duty' were made exclusive
By Greg Bensinger and Diane Bartz SAN FRANCISCO (Reuters) -The chief executive of "Call of Duty" maker Activision Blizzard, Bobby
2023-06-29 01:49
Nigeria Vote Damaged Public Confidence in Democracy, EU Says
Nigeria’s elections this year were marred by problems that undermined public trust in democracy, European Union observers said.
2023-06-29 00:58
Superfund town's health clinic accused of submitting false asbestos claims
A major railroad company is trying to convince a federal jury that a Montana clinic submitted hundreds of asbestos claims for people who weren’t sick and bilked taxpayer funds
2023-06-29 00:54
Catalent Is Linked to Regeneron’s Eye-Drug Rejection in Latest Misstep
Problems at a Catalent Inc. production facility led US regulators to deny a key drug application from Regeneron
2023-06-29 00:29
BlackRock Joins AI Mania, Calling It a Potential ‘Mega Force’
BlackRock Inc. is betting on the AI boom as it latches onto the promise of productivity gains from
2023-06-29 00:21
