Month: October 2025
Florida man charged with intentionally setting Pacific Palisades fire in LA
Chimneys stand among the rubble after the passage of the Palisades Fire in Pacific Palisades, California, on Jan. 8, 2025. Agustin Paullier | AFP | Getty Images Federal authorities announced Wednesday that they have arrested and charged a Florida man with maliciously starting the deadly Palisades Fire, one of the most destructive blazes in Los […]
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AMD stock continues rally after OpenAI deal, now up 43% this week so far
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images AMD stock climbed 11% on Wednesday, continuing a massive run since OpenAI announced plans to buy billions of dollars […]
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IRS furloughs nearly half of its workforce due to government shutdown
People exit the the U.S. Internal Revenue Service (IRS) building in Washington, D.C., on Feb. 20, 2025. Kent Nishimura | Reuters The IRS on Wednesday said that it was furloughing nearly half of its workforce due to the ongoing government shutdown. About 34,000 IRS workers are being furloughed, according to the tax agency. Another 39,870 […]
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Google adds limits to ‘Work from Anywhere’ policy that began during Covid
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Google is continuing to put restrictions on remote work, this time with a popular policy called “Work from Anywhere” that was established during the […]
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Jensen Huang says Trump’s H-1B changes would’ve prevented his family from immigrating
Nvidia CEO Jensen Huang said Wednesday that his family’s immigration to the U.S. “would not have been possible” with the Trump administration’s current policy. President Donald Trump announced in September that employers would have to pay a $100,000 fee for each H-1B visa, a temporary worker visa granted to foreign professionals with specialized skills. Huang, […]
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Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show
watch now VIDEO3:1603:16 Fed minutes: Most participants say it would be appropriate to ease further to end the year Power Lunch Federal Reserve officials in September were strongly inclined to lower interest rates, with the only dispute seeming to be over how many cuts were coming, meeting minutes released Wednesday showed. The meeting summary indicated […]
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Air traffic control shortages add to U.S. flight delays
The Hollywood Burbank Airport air traffic control tower stands on October 6, 2025 in Burbank, California. The Federal Aviation Administration (FAA) stated the airport currently has no air traffic controllers in its tower amid the ongoing federal government shutdown. Incoming flights are being delayed for over two hours, with control duties currently being handled by […]
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CoreWeave stock rallies as it introduces new AI tools for developers
Michael Intrator, co-founder and CEO of CoreWeave participates in an interview on the floor of the New York Stock Exchange in New York on Sept. 22, 2025. Michael Nagle | Bloomberg | Getty Images CoreWeave shares rose as much as 8% Wednesday as the artificial intelligence cloud provider announced new tools to help programmers develop […]
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AMD’s deal with OpenAI gives Nvidia much-needed challenger in market it dominates
Lisa Su, CEO of AMD, left, and Jensen Huang, CEO of Nvidia Benoit Tessier | Ritzau Scanpix | Mads Claus Rasmussen | Reuters In the 1990s, when Intel dominated the PC chip market, the semiconductor maker needed Advanced Micro Devices to exist as a viable No. 2 to help avoid being charged with monopolistic behavior. […]
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5 things Nvidia’s Jensen Huang said about the state of the AI race with China
Nvidia CEO Jensen Huang said Wednesday that the U.S. is “not far ahead” of China in the artificial intelligence race, and that the country needs a “nuanced strategy” to stay on higher ground. Huang has been walking a tense line between the two countries and has praised China’s AI models, including DeepSeek, Alibaba, and Baidu. […]
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