Elon Musk has lost his title of "world's richest person" title to Oracle cofounder Larry Ellison. Ellison's wealth jumped by $101 billion to $393 billion after Oracle's stunningly strong earnings report Tuesday evening, surpassing Musk's net worth of $385 billion, according to Bloomberg. Oracle (ORCL) reported surging demand for its data center capacity from AI customers, launching the stock into the stratosphere. Shares are 41% higher Wednesday, on pace for the stock's biggest single-day gain since 1992.
A never-before-seen video released Tuesday by a member of Congress appears to show a U.S. military Hellfire missile bouncing off a bright, shiny object that was being tracked off the coast of Yemen on Oct. 30, 2024. Print Article here: ABC News
It's a new low in US refugee/asylum policy; simultaneouly unjust and counterproductive. On August 27, less than a fortnight wafter President Trump's summit with Putin in Alaska, dozens of Russians were rounded up and deported. The US now appears to have enlisted the help of the Egyptian government to ensure the migrants are delivered back to Moscow. The first mass deportation this year took place in June when 47 Russians were returned to Russia. US immigration authorities are now working with the Russian FSB [Putin's secret police agency]. (!!!! Read more
French President Emmanuel Macron appointed Defense Minister Sebastien Lecornu as new prime minister and tasked him with immediately getting the country's fractious political parties to agree on a budget for one of the world's largest economies. Lecornu (39) was the youngest defense minister in French history and architect of a major military buildup through 2030, spurred by Russia's brutal invasion of Ukraine. A longtime Macron loyalist, Lecornu is now France's fourth prime minister in barely a year. Macron's quick decision to name Lecornu comes ahead of a day of mass disruption planned Wednesday by a protest movement called 'Block Everything" that prompted the government to deploy an exceptional 80,000 police to keep order. Legislators toppled Lecornu's predecessor Franois Bayrou and his government in a confidence vote on Monday, a new crisis for Europe's second-largest economy. Read more
Skyler Philippi (24) of Columbia, TN, pleaded guilty to attempting to use a weapon of mass destruction to destroy an energy facility. Philippi told a confidential FBI source in July 2024 that he wanted to attack several electricity substations to "shock the system." The FBI began to collect information about Philippi's plan with other undercover agents. In Nov 2024, Philippi and undercover employees drove to his intended Nashville launch site and prepared to fly a drone that Philippi believed had three pounds (1.4 kilograms) of C-4 plastic explosive attached to it. The material had been provided by the undercover employees. When he was arrested, Philippi had the drone powered up and was preparing to attach the armed explosive device to it as undercover employees pretended to be lookouts for him. Read more
The air raid here began before midnight, with warnings of at least 100 drones in the air - and of Russia preparing missiles for launch. ... In 2022, two villagers were killed close to the border, apparently after Ukrainian air defence downed a missile. So the Polish air force now scrambles, whenever the threat gets close. ... But they've never shot anything down before. So this is new territory for Poland " and for NATO.
NPR's Ari Shapiro talks with New York Times' Matt Goldstein, who reported on the money from Jeffrey Epstein to J.P. Morgan Chase " concluding that the bank enabled his crimes.
"That is the capitalist system."
One of the most prominent pioneers of artificial intelligence has some grim predictions about what the technology he created is soon going to unleash onto humankind.
Geoffrey Hinton, the Nobel Prize-winning scientist whose work on neural networks earned him the title of "Godfather of AI," suggested in an interview with the Financial Times that tech CEOs who preach positive outcomes for the future of AI are deluding themselves and others.
A Michigan judge has dismissed the case against 15 individuals accused of being "fake electors" for Donald Trump in the 2020 election. Judge Kristen Simmons on Tuesday said she found insufficient evidence to prove the defendants acted with criminal intent. "This is a fraud case, and we have to prove intent, and I don't believe that there's sufficient evidence to prove intent," she said during a hearing Tuesday. Read more
So it turns out that drawings of Epstein's messages with underage girls wasn't all on the Island.
Some of it was at Mar a Lago.
PRINCE GEORGE'S COUNTY, Md (7News) " The undocumented immigrant accused of killing 19-year-old Dacara Thompson, the Prince George's County woman who was reported missing last month, will be held without bond. 7News Maryland Bureau Chief Brad Bell was there as Hugo Hernandez-Mendez, 35, appeared in court on Monday on first and second-degree murder charges in Thompson's death. Read more
Job seekers' confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of New York's Survey of Consumer Expectations, the average "perceived probability" of finding a new job after losing one fell 5.8% points to 44.9% among heads of households surveyed in August, the lowest measure on record since 2013 when the New York Fed began collecting data. At the same time, Americans are increasingly worried about losing their current job. Expectations that the U.S. unemployment rate will be higher a year from now crept up 1.7 percentage points to 39.1%, the New York Fed found. The data comes as Americans adopt a dimmer view of the economy. According to a recent CBS News poll, a majority of respondents continue to say the economy is getting worse.
WASHINGTON, Sept 9 (Reuters) - The U.S. economy likely created 911,000 fewer jobs in the 12 months through March than previously estimated, the government said on Tuesday, suggesting that job growth was already stalling before President Donald Trump's aggressive tariffs on imports. Read more
