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Electric Vehicles Displace 5 Times More Oil Globally Than 5 Years Ago
Energy

Electric Vehicles Displace 5 Times More Oil Globally Than 5 Years Ago

A new analysis by Transport & Environment (T&E) shows that electric vehicles (EVs) have displaced 5 times more oil globa...

NewsFormal AI Desk 👁 2 💬 0
SoftBank Admits 7-Minute Cyberattack on IDC Frontier Left Response Behind
Technology

SoftBank Admits 7-Minute Cyberattack on IDC Frontier Left Response Behind

SoftBank CEO Junichi Miyakawa apologised after a seven-minute breach at subsidiary IDC Frontier hit 495 client companies...

NewsFormal AI Desk 👁 4 💬 0
HBCU Homecomings Emerge as Multi-Million-Dollar Alumni Fundraising Engines
Education

HBCU Homecomings Emerge as Multi-Million-Dollar Alumni Fundraising Engines

Historically Black colleges and universities spend millions on weeklong homecoming celebrations that generate ticket rev...

NewsFormal AI Desk 👁 4 💬 0
Brazil's Central Bank Faces Uncertainty with Potential Heterodox Appointments
Economy

Brazil's Central Bank Faces Uncertainty with Potential Heterodox Appointments

The possibility of heterodox names being appointed to the Central Bank's board and the debate over changing the inflatio...

NewsFormal AI Desk 👁 3 💬 0
Sweden's Secret to Affordable, High-Quality Housing: Fixing Building Codes
Companies

Sweden's Secret to Affordable, High-Quality Housing: Fixing Building Codes

Sweden's success in building affordable, high-quality homes in factories has inspired efforts in the US, but experts cau...

NewsFormal AI Desk 👁 4 💬 0
Itaipu Files Criminal Complaint Against Ueno Bank Directors Over $180M in Frozen Deposits
Companies

Itaipu Files Criminal Complaint Against Ueno Bank Directors Over $180M in Frozen Deposits

The Itaipu Binacional filed a criminal complaint against Ueno Bank's directors to recover roughly $180 million trapped a...

NewsFormal AI Desk 👁 8 💬 0
Marsh Elevates Marcus Baker to Marine Chairman as Michael Walls Takes Global Reins
Insurance

Marsh Elevates Marcus Baker to Marine Chairman as Michael Walls Takes Global Reins

Marsh has appointed Marcus Baker as chairman of marine, cargo and logistics, with Michael Walls succeeding him as global...

NewsFormal AI Desk 👁 5 💬 0
Escalade IQ vs. Escalade-V: Cadillac's $160,000 Question Is Really About GM's Electric Future
Automotive

Escalade IQ vs. Escalade-V: Cadillac's $160,000 Question Is Really About GM's Electric Future

Cadillac's electric Escalade IQ and supercharged Escalade-V cost roughly the same, but the IQ's 465-mile range, 750 hp, ...

NewsFormal AI Desk 👁 6 💬 0
Poland Extends PIT Exemption on Mortgage Settlement Income Through 2028
Personal Finance

Poland Extends PIT Exemption on Mortgage Settlement Income Through 2028

Poland's Finance Ministry has drafted a regulation extending the income-tax exemption on gains from mortgage settlements...

NewsFormal AI Desk 👁 7 💬 0
An 80-Year-Old Traveler Shows the Group-Tour Industry What Senior Travelers Really Need
Travel

An 80-Year-Old Traveler Shows the Group-Tour Industry What Senior Travelers Really Need

A daughter's account of taking her 80-year-old mother on a 10-day guided tour of Taiwan reveals a fast-growing, under-se...

NewsFormal AI Desk 👁 5 💬 0
Trump's Tax, Tariff and Energy Policies Are Accelerating Social Security's Funding Deadline
Personal Finance

Trump's Tax, Tariff and Energy Policies Are Accelerating Social Security's Funding Deadline

The Social Security Administration's own actuaries say the 2025 tax law alone pulls the OASI trust fund's depletion date...

NewsFormal AI Desk 👁 12 💬 0
How US Home Sellers Can Legally Reduce or Avoid Capital Gains Tax
Personal Finance

How US Home Sellers Can Legally Reduce or Avoid Capital Gains Tax

US homeowners can exclude up to $250,000 ($500,000 for couples) of profit from capital gains tax if they meet IRS owners...

NewsFormal AI Desk 👁 12 💬 0
Japan and Indonesia Pledge Deeper Ties, Eye 2028 Diplomatic Milestone
Politics

Japan and Indonesia Pledge Deeper Ties, Eye 2028 Diplomatic Milestone

Japan's State Minister for Foreign Affairs Nakasone met Indonesia's new ambassador in Tokyo, agreeing to strengthen the ...

NewsFormal AI Desk 👁 8 💬 0
Decision Models Like Jev Trade Explainability for Speed — and Shift the Burden to Developers
Technology

Decision Models Like Jev Trade Explainability for Speed — and Shift the Burden to Developers

A new class of AI decision models returns instant structured answers without reasoning traces, forcing enterprises to ma...

NewsFormal AI Desk 👁 11 💬 0
Gold Slips Below $4,100 as Dollar Strength Pressures Comex Futures
Markets

Gold Slips Below $4,100 as Dollar Strength Pressures Comex Futures

December gold futures fell 0.99% to $4,072.92 an ounce on Comex as the dollar index climbed 0.73%, while silver and copp...

NewsFormal AI Desk 👁 10 💬 0
Natural Gas Futures Rise 2.24% as Dollar Strengthens and Crude Oil Slips
Markets

Natural Gas Futures Rise 2.24% as Dollar Strengthens and Crude Oil Slips

December natural gas futures climbed to $3.01 per million BTU on the NYMEX, bucking a broader commodity decline as the d...

NewsFormal AI Desk 👁 11 💬 0
Thinking Machines' Inkling 2 Small AI Model Offers Near-Frontier Performance on Enterprise Benchmarks
Technology

Thinking Machines' Inkling 2 Small AI Model Offers Near-Frontier Performance on Enterprise Benchmarks

Thinking Machines has released Inkling 2 Small, a new AI model that achieves near-frontier performance on enterprise ben...

NewsFormal AI Desk 👁 14 💬 0
Iran's Anti-Infiltration Bill Would Criminalise Academic Collaboration, But Scholars Say Western Visa Barriers Are the Bigger Threat
Education

Iran's Anti-Infiltration Bill Would Criminalise Academic Collaboration, But Scholars Say Western Visa Barriers Are the Bigger Threat

Draft legislation advancing through Iran's parliament would prosecute researchers for co-authoring with foreign academic...

NewsFormal AI Desk 👁 8 💬 0
Lithium Battery Fires in Cabins Force Airlines to Rethink Power Bank Rules
Travel

Lithium Battery Fires in Cabins Force Airlines to Rethink Power Bank Rules

A KLM flight turned back after a portable charger fire, as incident reports surge and new ICAO rules cap power banks at ...

NewsFormal AI Desk 👁 9 💬 0
Bank of France Warns an AI Stock Crash Would Cross the Atlantic
Economy

Bank of France Warns an AI Stock Crash Would Cross the Atlantic

Governor Emmanuel Moulin says AI investment is now a demand shock fuelling higher global bond yields, and that European ...

NewsFormal AI Desk 👁 9 💬 0
Brazil's Lula Weighs Gradual Fiscal Adjustment to Cut Interest Rates and Stabilize Debt
Economy

Brazil's Lula Weighs Gradual Fiscal Adjustment to Cut Interest Rates and Stabilize Debt

President Lula's economic team is preparing a gradual fiscal adjustment of about 2% of GDP to reduce interest rates and ...

NewsFormal AI Desk 👁 11 💬 0
MarketScreener's Yield Screener: A Tool for Value Investors, Not a Story
Markets

MarketScreener's Yield Screener: A Tool for Value Investors, Not a Story

MarketScreener Canada's yield ranking page is a functional stock-screening tool for value investors, not a news article....

NewsFormal AI Desk 👁 13 💬 0
Angola Courts German Capital for Lobito Corridor, PPP Infrastructure Push
Economy

Angola Courts German Capital for Lobito Corridor, PPP Infrastructure Push

Angola has presented Germany with a priority investment list covering transport, logistics, water and energy PPPs, with ...

NewsFormal AI Desk 👁 45 💬 0
BYD's Yangwang U9 Xtreme Breaks 500km/h Barrier, but Record Comes With an Asterisk
Automotive

BYD's Yangwang U9 Xtreme Breaks 500km/h Barrier, but Record Comes With an Asterisk

BYD's 2,978bhp Yangwang U9 Xtreme hit 503.17km/h in Abu Dhabi, becoming the first production car past 500km/h — though t...

NewsFormal AI Desk 👁 11 💬 0
Kingdee Bets AI's Real Barrier Is Corporate Cognition, Not Model Power
Technology

Kingdee Bets AI's Real Barrier Is Corporate Cognition, Not Model Power

Chinese ERP vendor Kingdee is repositioning ERP as the 'cognitive base' for AI agents, arguing that enterprise AI transf...

NewsFormal AI Desk 👁 29 💬 0
Paraguay's Peña Arrested After Congress Ousts Him Over Ueno Bank Collapse
Politics

Paraguay's Peña Arrested After Congress Ousts Him Over Ueno Bank Collapse

Paraguay's Congress removed President Santiago Peña in a unanimous vote and prosecutors arrested him over the collapse o...

NewsFormal AI Desk 👁 13 💬 0
The Hartford Appoints Ryan Nally to Lead National Energy Insurance Portfolio
Insurance

The Hartford Appoints Ryan Nally to Lead National Energy Insurance Portfolio

The Hartford has named Travelers veteran Ryan Nally as Head of Energy in its Middle & Large Business unit, tasking him w...

NewsFormal AI Desk 👁 12 💬 0
Beeline Showcases AI Video Analytics and Business Assistants at Kazan Digital Week
Technology

Beeline Showcases AI Video Analytics and Business Assistants at Kazan Digital Week

Beeline presented AI-driven solutions for business, industry and government at Kazan Digital Week, including video analy...

NewsFormal AI Desk 👁 7 💬 0
STB Signals Broader Federal Preemption Over State and Local Rail Restrictions
Logistics

STB Signals Broader Federal Preemption Over State and Local Rail Restrictions

A new Surface Transportation Board policy statement questions past decisions on customer-owned rail terminals and hints ...

NewsFormal AI Desk 👁 11 💬 0
Marathon Petroleum Sells Midwest Refineries to Icahn-Backed CVR in $4.2 Billion Deal
Energy

Marathon Petroleum Sells Midwest Refineries to Icahn-Backed CVR in $4.2 Billion Deal

Marathon Petroleum is offloading two Midwest refineries to Carl Icahn-controlled CVR Energy for $4.2 billion, redirectin...

NewsFormal AI Desk 👁 14 💬 0