3 days ago
By Lisandra Paraguassu, Brendan O'Boyle and Luciana Magalhaes
SAO PAULO, Oct 25 (Reuters) - Brazilian President Luiz Inacio Lula da Silva won a historic fourth term on Sunday, the country's electoral court said, in a shock result that defied polls, precedent and global anti-incumbent sentiment to put the brakes on a wave of right-wing election victories across Latin America.
However, his opponent Senator Flavio Bolsonaro, the eldest son of former President Jair Bolsonaro, refused to accept defeat and said he would ask for the result to be annulled due to a Sunday ruling from a Supreme Court justice that extended voting for two hours.
Bolsonaro led the election's first round but lost in the runoff by over 4 million votes, rattling Brazilian financial markets which had bet on his victory. His refusal to concede defeat has echoes of his father's reaction after losing to Lula in 2022. Jair Bolsonaro never accepted his loss and was later sentenced by the Supreme Court to 27-years in prison for plotting a coup to remain in power.
The scale of Flavio Bolsonaro's loss to Lula — by more than twice his father's losing margin — and the fact his campaign also asked for an extension due to rains in the conservative-leaning south make any annulment unlikely, **** ysts said.
#bolsonaro #lula #supreme
SAO PAULO, Oct 25 (Reuters) - Brazilian President Luiz Inacio Lula da Silva won a historic fourth term on Sunday, the country's electoral court said, in a shock result that defied polls, precedent and global anti-incumbent sentiment to put the brakes on a wave of right-wing election victories across Latin America.
However, his opponent Senator Flavio Bolsonaro, the eldest son of former President Jair Bolsonaro, refused to accept defeat and said he would ask for the result to be annulled due to a Sunday ruling from a Supreme Court justice that extended voting for two hours.
Bolsonaro led the election's first round but lost in the runoff by over 4 million votes, rattling Brazilian financial markets which had bet on his victory. His refusal to concede defeat has echoes of his father's reaction after losing to Lula in 2022. Jair Bolsonaro never accepted his loss and was later sentenced by the Supreme Court to 27-years in prison for plotting a coup to remain in power.
The scale of Flavio Bolsonaro's loss to Lula — by more than twice his father's losing margin — and the fact his campaign also asked for an extension due to rains in the conservative-leaning south make any annulment unlikely, **** ysts said.
#bolsonaro #lula #supreme
10 days ago
After the false start and the worst start, Michael Carrick ******* ounced it a fresh start. Manchester United have their fewest wins in their opening seven league games of a campaign for 40 years – just the one – and have not tasted victory in six matches in all competitions. Their manager nevertheless emerged from consecutive away games that brought defeat to Atletico Madrid and a draw at Leeds appearing more upbeat about their prospects.
"I understand the situation doesn't look too good if you look at it from a certain way, but I got no doubts that we can go on a good run," he said. That certain way could involve referencing results or the league table; seven games in, the club who finished third last season are already nine points adrift of the top three.
Carrick believes he has detected a good feeling around his squad, whether or not it stems from Lisandro Martinez's public criticism of director of football Jason Wilcox. "I felt like [it was] a bit of a fresh start today and where we're at, and accepting it and doing something about it," he said. Perhaps not doing enough about it, given the result was exactly the same – a 1-1 draw – as in their previous two league games.
Michael Carrick thinks Man United's new-look midfield, including Youri Tielemans (pictured), can lead their rebuild (Reuters)
If there is improvement in Carrick's camp, it has come from a low bar. And, in fairness, the performances in the intimidating atmospheres of the Metropolitano and Elland Road are not among United's four worst this season – Hull, Manchester City, Brighton, Tottenham – but, again, that is scarcely a compliment.
#carrick
"I understand the situation doesn't look too good if you look at it from a certain way, but I got no doubts that we can go on a good run," he said. That certain way could involve referencing results or the league table; seven games in, the club who finished third last season are already nine points adrift of the top three.
Carrick believes he has detected a good feeling around his squad, whether or not it stems from Lisandro Martinez's public criticism of director of football Jason Wilcox. "I felt like [it was] a bit of a fresh start today and where we're at, and accepting it and doing something about it," he said. Perhaps not doing enough about it, given the result was exactly the same – a 1-1 draw – as in their previous two league games.
Michael Carrick thinks Man United's new-look midfield, including Youri Tielemans (pictured), can lead their rebuild (Reuters)
If there is improvement in Carrick's camp, it has come from a low bar. And, in fairness, the performances in the intimidating atmospheres of the Metropolitano and Elland Road are not among United's four worst this season – Hull, Manchester City, Brighton, Tottenham – but, again, that is scarcely a compliment.
#carrick
10 days ago
Modern football is a game of two parts: the first hour or so, dictated by carefully curated gameplans and training ground patterns; and the final half-hour when a flurry of substitutes come on, rigid structures fade away and a match opens at the seams. ***** nal were dire for most of this game at the City Ground, shut out by Nottingham Forest's red wall. But yet again the power of Mikel Arteta's "finishers" decided a match.
Noni Madueke was sent on at half-time for Eberechi Eze, who had been statuesque at his station on the left touchline, which, in fairness, is not his position. With the clock ticking towards 80 minutes, Madueke did what Eze hadn't and drove at Forest's defence before unleashing a shot, which took a fortunate deflection off Jair Cunha on its way past the helpless Matz Sels. It went down as ***** nal's only shot on target, and in truth it might have been curling wide.
This was the third game in a row in which Arteta rang the changes in the second half as his team struggled to click, after Leeds last weekend and Lille in midweek. Once again he made a triple substitution on 65 minutes, sending on Jurrien Timber, Mikel Merino and Viktor Gyokeres, and once again a stubborn defence was worn down in the final stages. No Premier League side has generated more goals and ***** ists from the bench since the start of last season.
Noni Madueke scored the only goal of the game (Reuters)
Forest were excellent in their determination to blunt ***** nal's attack. Like Eze, Kai Havertz and Bukayo Saka had little joy, and Oliver Glasner took positives from a performance of cohesion and spirit. Liam Delap was a brilliant nuisance in attack and could have equalised in the final minutes but for Ezri Konsa's last-ditch block. Murillo nearly scored the goal of the season, dribbling in from the left touchline before curling just over the bar with one of the last kicks. But Forest remain third from bottom after a third successive defeat, and their wait for a first home goal of the season goes on.
#final #minutes #Third
Noni Madueke was sent on at half-time for Eberechi Eze, who had been statuesque at his station on the left touchline, which, in fairness, is not his position. With the clock ticking towards 80 minutes, Madueke did what Eze hadn't and drove at Forest's defence before unleashing a shot, which took a fortunate deflection off Jair Cunha on its way past the helpless Matz Sels. It went down as ***** nal's only shot on target, and in truth it might have been curling wide.
This was the third game in a row in which Arteta rang the changes in the second half as his team struggled to click, after Leeds last weekend and Lille in midweek. Once again he made a triple substitution on 65 minutes, sending on Jurrien Timber, Mikel Merino and Viktor Gyokeres, and once again a stubborn defence was worn down in the final stages. No Premier League side has generated more goals and ***** ists from the bench since the start of last season.
Noni Madueke scored the only goal of the game (Reuters)
Forest were excellent in their determination to blunt ***** nal's attack. Like Eze, Kai Havertz and Bukayo Saka had little joy, and Oliver Glasner took positives from a performance of cohesion and spirit. Liam Delap was a brilliant nuisance in attack and could have equalised in the final minutes but for Ezri Konsa's last-ditch block. Murillo nearly scored the goal of the season, dribbling in from the left touchline before curling just over the bar with one of the last kicks. But Forest remain third from bottom after a third successive defeat, and their wait for a first home goal of the season goes on.
#final #minutes #Third
10 days ago
NFL fans are in a tizzy trying to figure out if CBS reporter Tracy Wolfson smacked Buffalo Bills quarterback Josh Allen on the ******* after their on the field interview after the Bills win over the Las Vegas Raiders in Week 6.
We can't see exactly where her tap landed because the camera shows us only the front of both of them. It is also worth noting that she is considerably shorter than he is so the slap may not have been intended for the ******* but landed there.
Regardless, it is an odd look on the same week that Charissa Thompson was kissed by Broncos Coach Sean Payton in a pregame exchange likely not intended for the camera and millions of eyes to see.
MORE: 49ers reporter accuses competitor of hugging players too much
Dec 15, 2024; Detroit, Michigan, USA; Buffalo Bills quarterback Josh Allen (17) talks with CBS reporter Tracy Wolfson after the Bills win over the Detroit Lions at Ford Field. Mandatory Credit: Lon Horwedel-Imagn Images Credit: USA TODAY Sports via Reuters Connect (Reuters)
#allen #detroit #credit #reuters
We can't see exactly where her tap landed because the camera shows us only the front of both of them. It is also worth noting that she is considerably shorter than he is so the slap may not have been intended for the ******* but landed there.
Regardless, it is an odd look on the same week that Charissa Thompson was kissed by Broncos Coach Sean Payton in a pregame exchange likely not intended for the camera and millions of eyes to see.
MORE: 49ers reporter accuses competitor of hugging players too much
Dec 15, 2024; Detroit, Michigan, USA; Buffalo Bills quarterback Josh Allen (17) talks with CBS reporter Tracy Wolfson after the Bills win over the Detroit Lions at Ford Field. Mandatory Credit: Lon Horwedel-Imagn Images Credit: USA TODAY Sports via Reuters Connect (Reuters)
#allen #detroit #credit #reuters
20 days ago
By Simon Johnson and Johan Ahlander
STOCKHOLM, Oct 8 (Reuters) - Canadian poet and writer Anne Carson won the 2026 **** el Prize in Literature "for her bold and inventive oeuvre that, in playful dialogue with the classical tradition, has created new forms for contemporary literature", the Swedish Academy said on Thursday.
"She was very taken by surprise," said Ingrid Carlberg, permanent secretary of the academy, which awards the prize worth 12 million Swedish crowns ($1.2 million).
"We didn't have so much time to speak, and all she had time to tell me was that she is for the moment in Iceland, where she's listening to the wind."
Carson's work often blends verse, prose, dialogue and translation in a genre-defying mix. Born in Toronto, the 76-year-old has also held Icelandic citizenship since 2022 and has spent considerable time on the Arctic island in recent years.
#swedish #academy #dialogue #simon
STOCKHOLM, Oct 8 (Reuters) - Canadian poet and writer Anne Carson won the 2026 **** el Prize in Literature "for her bold and inventive oeuvre that, in playful dialogue with the classical tradition, has created new forms for contemporary literature", the Swedish Academy said on Thursday.
"She was very taken by surprise," said Ingrid Carlberg, permanent secretary of the academy, which awards the prize worth 12 million Swedish crowns ($1.2 million).
"We didn't have so much time to speak, and all she had time to tell me was that she is for the moment in Iceland, where she's listening to the wind."
Carson's work often blends verse, prose, dialogue and translation in a genre-defying mix. Born in Toronto, the 76-year-old has also held Icelandic citizenship since 2022 and has spent considerable time on the Arctic island in recent years.
#swedish #academy #dialogue #simon
21 days ago
By Alun John, Harry Robertson and Sara Rossi
LONDON/MILAN, Oct 7 (Reuters) - Traders have turned more discerning following a bond market rout, dumping the debt of European countries they deem the riskiest and rushing to safe-haven Germany.
The moves highlight a new hierarchy in the ever-evolving rankings of European debt.
France, once a beneficiary of a flight to safety, has been hit by selling. Previously shunned Italy and Britain are less exposed but still fragile, while Dutch and Swiss debt have rallied alongside Germany.
"We've seen bond vigilantes come out in force," said Man Group Chief Market Strategist Kristina Hooper.
#germany #bond
LONDON/MILAN, Oct 7 (Reuters) - Traders have turned more discerning following a bond market rout, dumping the debt of European countries they deem the riskiest and rushing to safe-haven Germany.
The moves highlight a new hierarchy in the ever-evolving rankings of European debt.
France, once a beneficiary of a flight to safety, has been hit by selling. Previously shunned Italy and Britain are less exposed but still fragile, while Dutch and Swiss debt have rallied alongside Germany.
"We've seen bond vigilantes come out in force," said Man Group Chief Market Strategist Kristina Hooper.
#germany #bond
21 days ago
By Olena Harmash and Vladyslav Smilianets
KYIV, Oct 7 (Reuters) - Russia pounded Ukraine with waves of missiles and drones on Wednesday, killing at least 15 people and hitting residential buildings, industrial facilities and infrastructure, Ukrainian officials said.
One Russian missile slammed into an apartment block in the northern city of Pryluky, killing at least nine people including three children, regional governor Vyacheslav Chaus said.
Dozens of rescuers picked through the rubble at the site where several sections of the five-story building collapsed, Reuters video showed.
Emergency workers used ladders to get to the upper floors of what remained of the building. Around 40 people were wounded, the governor said.
#people #reuters #least #olena
KYIV, Oct 7 (Reuters) - Russia pounded Ukraine with waves of missiles and drones on Wednesday, killing at least 15 people and hitting residential buildings, industrial facilities and infrastructure, Ukrainian officials said.
One Russian missile slammed into an apartment block in the northern city of Pryluky, killing at least nine people including three children, regional governor Vyacheslav Chaus said.
Dozens of rescuers picked through the rubble at the site where several sections of the five-story building collapsed, Reuters video showed.
Emergency workers used ladders to get to the upper floors of what remained of the building. Around 40 people were wounded, the governor said.
#people #reuters #least #olena
21 days ago
By Ann Saphir
Oct 7 (Reuters) - The interest rate on the most common US home loan jumped last week to its highest in almost three years, worsening affordability for buyers four weeks before elections that will decide if President Donald Trump's Republicans keep control of Congress.
The average 30-year fixed-rate mortgage surged 19 basis points to 7.49% in the week ended October 2, the Mortgage Bankers **** ociation said on Wednesday. It was last higher in November 2023.
Mortgage rates are tied closely to the yield on US 10-year Treasury notes, which earlier this week hit a 24-year high, driven by worries over inflationary pressures from soaring oil prices and data showing stronger US economic growth.
The cost of living is the top issue on Americans' minds as they decide how they will vote on November 3, a Reuters/Ipsos poll completed on Monday showed, and is one reason why Trump's approval rating is at a record low of 32%.
#week #rate
Oct 7 (Reuters) - The interest rate on the most common US home loan jumped last week to its highest in almost three years, worsening affordability for buyers four weeks before elections that will decide if President Donald Trump's Republicans keep control of Congress.
The average 30-year fixed-rate mortgage surged 19 basis points to 7.49% in the week ended October 2, the Mortgage Bankers **** ociation said on Wednesday. It was last higher in November 2023.
Mortgage rates are tied closely to the yield on US 10-year Treasury notes, which earlier this week hit a 24-year high, driven by worries over inflationary pressures from soaring oil prices and data showing stronger US economic growth.
The cost of living is the top issue on Americans' minds as they decide how they will vote on November 3, a Reuters/Ipsos poll completed on Monday showed, and is one reason why Trump's approval rating is at a record low of 32%.
#week #rate
22 days ago
Space Exploration Technologies Corp. (NASDAQ:SPCX) is reportedly planning to raise $40 billion in bank loans and investment-grade debt, led by Apollo Global Management (NYSE:APO) , to buy Nvidia Corp. (NASDAQ:NVDA) chips.
The Elon Musk-led company is looking to raise about $10 billion in bank loans and $30 billion in investment-grade debt for the chip order, Reuters News reported, citing the Financial Times.
Apollo is expected to lead the deal and help place the debt with a broad range of investors, with Pimco among a small group of lenders in talks to provide financing, the newspaper reported citing people familiar with the matter.
The transaction is expected to close in 2027.
SpaceX, Apollo, and Nvidia did not immediately respond to Benzinga's request for comment, while Pimco declined to comment.
#NASDAQ #NVIDIA
The Elon Musk-led company is looking to raise about $10 billion in bank loans and $30 billion in investment-grade debt for the chip order, Reuters News reported, citing the Financial Times.
Apollo is expected to lead the deal and help place the debt with a broad range of investors, with Pimco among a small group of lenders in talks to provide financing, the newspaper reported citing people familiar with the matter.
The transaction is expected to close in 2027.
SpaceX, Apollo, and Nvidia did not immediately respond to Benzinga's request for comment, while Pimco declined to comment.
#NASDAQ #NVIDIA
22 days ago
A federal judge has granted final approval to AT&T's $177 million settlement resolving lawsuits over two 2024 data breaches that exposed personal information belonging to millions of customers.
U.S. District Judge Sidney Fitzwater in Dallas approved the settlement Oct. 2, along with $59 million in attorneys' fees for lawyers who negotiated the deal, according to Reuters. The settlement faced dozens of objections, including arguments that the amount was inadequate compared to a $350 million settlement in separate litigation involving T-Mobile.
For AT&T customers who filed valid claims, the amount they receive depends on which data breach affected them, what information was exposed and whether they can document financial losses. Most customers receiving the tiered cash payments are expected to get far less than the settlement's advertised maximums.
Customers could receive between about $6.50 and $40 through the tiered payment system, according to court documents. Here's what to know.
The settlement has two funds totaling $177 million: $149 million for customers affected by the first data incident, known as AT&T 1, and $28 million for customers affected by the second incident, known as AT&T 2.
#million #settlement #information
U.S. District Judge Sidney Fitzwater in Dallas approved the settlement Oct. 2, along with $59 million in attorneys' fees for lawyers who negotiated the deal, according to Reuters. The settlement faced dozens of objections, including arguments that the amount was inadequate compared to a $350 million settlement in separate litigation involving T-Mobile.
For AT&T customers who filed valid claims, the amount they receive depends on which data breach affected them, what information was exposed and whether they can document financial losses. Most customers receiving the tiered cash payments are expected to get far less than the settlement's advertised maximums.
Customers could receive between about $6.50 and $40 through the tiered payment system, according to court documents. Here's what to know.
The settlement has two funds totaling $177 million: $149 million for customers affected by the first data incident, known as AT&T 1, and $28 million for customers affected by the second incident, known as AT&T 2.
#million #settlement #information
22 days ago
Carlos Alcaraz's long locks have garnered attention since he returned to the ATP Tour after a prolonged absence with a wrist injury.
Alcaraz sported the long hair and beard throughout the US Open, Laver Cup, and the ******* an Open.
In ******* an, when asked about his hair, he said: "I think right now I need to change it and see what suits me best. I don't know what will be next but there are a couple of hairstyles I haven't tried yet..I feel like hair grows and it's time to mess it up and try new things."
MORE: Carlos Alcaraz's ******* an Open win should encourage Jannik Sinner
Tennis – U.S. Open – Flushing Meadows, New York, United States – September 8, 2026 Spain's Carlos Alcaraz in action during his quarter-final match against Ben Shelton of the U.S. IMAGN IMAGES via Reuters/Robert Deutsch Credit: IMAGN IMAGES via Reuters (Reuters)
#open #carlos
Alcaraz sported the long hair and beard throughout the US Open, Laver Cup, and the ******* an Open.
In ******* an, when asked about his hair, he said: "I think right now I need to change it and see what suits me best. I don't know what will be next but there are a couple of hairstyles I haven't tried yet..I feel like hair grows and it's time to mess it up and try new things."
MORE: Carlos Alcaraz's ******* an Open win should encourage Jannik Sinner
Tennis – U.S. Open – Flushing Meadows, New York, United States – September 8, 2026 Spain's Carlos Alcaraz in action during his quarter-final match against Ben Shelton of the U.S. IMAGN IMAGES via Reuters/Robert Deutsch Credit: IMAGN IMAGES via Reuters (Reuters)
#open #carlos
22 days ago
MOSCOW, Oct 6 (Reuters) - Russia's health watchdog said on Tuesday that no cases of plague had been detected among people who had come into contact with a Siberian plague institute laboratory worker who died last week.
Authorities say the 28-year-old woman died on Friday from pneumonia of an as-yet unestablished origin, in a case that has prompted international concern, including from US President Donald Trump.
Rospotrebnadzor, the watchdog, said in a statement that no infectious diseases had been reported among the staff of the same plague research institute in Irkutsk over the past 10 days and that extensive testing had found no microorganisms in the deceased woman's body linked to her work.
Elena Sofina, deputy head of the Shelekhov district near Irkutsk, where a local hospital was placed under quarantine, said that what she called "a dangerous diagnosis" had not been confirmed.
She added that 60% of those placed under quarantine as a precaution had already been released. Local media said around 200 people had previously been quarantined.
#local #people #died
Authorities say the 28-year-old woman died on Friday from pneumonia of an as-yet unestablished origin, in a case that has prompted international concern, including from US President Donald Trump.
Rospotrebnadzor, the watchdog, said in a statement that no infectious diseases had been reported among the staff of the same plague research institute in Irkutsk over the past 10 days and that extensive testing had found no microorganisms in the deceased woman's body linked to her work.
Elena Sofina, deputy head of the Shelekhov district near Irkutsk, where a local hospital was placed under quarantine, said that what she called "a dangerous diagnosis" had not been confirmed.
She added that 60% of those placed under quarantine as a precaution had already been released. Local media said around 200 people had previously been quarantined.
#local #people #died
22 days ago
By Kate Holton and Steve Holland
LONDON/WASHINGTON, Oct 5 (Reuters) - US President Donald Trump said on Monday that a threat linked to Iran had prompted the removal of American B-1 bombers from a British airbase.
The planes had been stationed at RAF Fairford, the preferred European base for US bombers, and had recently been used in US strikes on Iran. Last week, five British men were arrested near the base — which Iran's Revolutionary Guards previously said was a legitimate target — on suspicion of preparing terrorist acts.
"We had an idea that there might be a threat, and why would I leave them there? It costs very little money to move them," Trump told reporters on Monday. "So we had a threat, and if we're going to be threatened, we just move them, and that sort of alleviates that. And we actually know the people that made the threat."
When asked if they were linked to Iran, Trump responded: "They would be linked to Iran."
#Trump #threat #linked #british
LONDON/WASHINGTON, Oct 5 (Reuters) - US President Donald Trump said on Monday that a threat linked to Iran had prompted the removal of American B-1 bombers from a British airbase.
The planes had been stationed at RAF Fairford, the preferred European base for US bombers, and had recently been used in US strikes on Iran. Last week, five British men were arrested near the base — which Iran's Revolutionary Guards previously said was a legitimate target — on suspicion of preparing terrorist acts.
"We had an idea that there might be a threat, and why would I leave them there? It costs very little money to move them," Trump told reporters on Monday. "So we had a threat, and if we're going to be threatened, we just move them, and that sort of alleviates that. And we actually know the people that made the threat."
When asked if they were linked to Iran, Trump responded: "They would be linked to Iran."
#Trump #threat #linked #british
22 days ago
Oct 6 (Reuters) - Governments, courts and companies are considering restrictions and examining existing rules on smart glasses amid worries that the technology, brought to mainstream by Meta's Ray-Bans, could be used to photograph, film or audio-record confidential materials or people without their knowledge.
Here is a summary of what countries and regions are doing to protect people's privacy, in alphabetical order.
AUSTRALIA
The federal government said in September it was considering barring the use of camera-equipped smart glasses in government workplaces due to privacy and security concerns.
Public Service Minister Katy Gallagher asked the country's Public Service Commission for advice on whether their use should be prohibited and what exemptions might be required.
#governments
Here is a summary of what countries and regions are doing to protect people's privacy, in alphabetical order.
AUSTRALIA
The federal government said in September it was considering barring the use of camera-equipped smart glasses in government workplaces due to privacy and security concerns.
Public Service Minister Katy Gallagher asked the country's Public Service Commission for advice on whether their use should be prohibited and what exemptions might be required.
#governments
23 days ago
By Sam Tobin
LONDON, Oct 5 (Reuters) - Jeffrey Archer, the bestselling British novelist and former politician who was jailed for lying in a high-profile libel case, died aged 86 on Monday, just one day before his final novel "Adam and Eve" was due to be published.
The confidant of former prime minister Margaret Thatcher lived a life that swung from the heights of luxury and fame to the lows of a two-year stint in prison for perjury over paying a woman for **** .
He sold more than 300 million copies of his books, spent a total of five and a half years on the New York Times bestseller lists and found fans around the world with his pacy thrillers, among them the 1976 debut "Not a Penny More, Not a Penny Less" and 1979's mass-selling "Kane & Abel".
Publisher HarperCollins said Archer, who had met and signed books for fans in London's Leicester Square Theatre on Sunday and had been scheduled to speak at events this week, died "suddenly and peacefully at home ... between writing sessions".
#books #fans
LONDON, Oct 5 (Reuters) - Jeffrey Archer, the bestselling British novelist and former politician who was jailed for lying in a high-profile libel case, died aged 86 on Monday, just one day before his final novel "Adam and Eve" was due to be published.
The confidant of former prime minister Margaret Thatcher lived a life that swung from the heights of luxury and fame to the lows of a two-year stint in prison for perjury over paying a woman for **** .
He sold more than 300 million copies of his books, spent a total of five and a half years on the New York Times bestseller lists and found fans around the world with his pacy thrillers, among them the 1976 debut "Not a Penny More, Not a Penny Less" and 1979's mass-selling "Kane & Abel".
Publisher HarperCollins said Archer, who had met and signed books for fans in London's Leicester Square Theatre on Sunday and had been scheduled to speak at events this week, died "suddenly and peacefully at home ... between writing sessions".
#books #fans
23 days ago
LONDON, Oct 5 (Reuters) - Jeffrey Archer, the best-selling British novelist and former politician who was jailed for lying in a high-profile libel case, has died aged 86, his publisher HarperCollins said on Monday.
Archer sold over 300 million copies worldwide and was known for pacy thrillers like his 1976 debut "Not a Penny More, Not a Penny Less" and "Kane & Abel", with his final novel Adam and Eve due to be published this month.
He was also a prominent Conservative politician, who briefly served as a lawmaker before becoming a senior party official under prime minister Margaret Thatcher in the mid-1980s.
But Archer suffered a very public downfall when he was convicted of perjury and perverting the course of justice in 2001, being sentenced to four years' imprisonment.
Kate Elton, HarperCollins' UK CEO and Archer's editor, said in a statement: "We're all devastated to have lost a writer who has brought joy to generations of readers - and a true friend."
#archer #harpercollins #london #jeffrey
Archer sold over 300 million copies worldwide and was known for pacy thrillers like his 1976 debut "Not a Penny More, Not a Penny Less" and "Kane & Abel", with his final novel Adam and Eve due to be published this month.
He was also a prominent Conservative politician, who briefly served as a lawmaker before becoming a senior party official under prime minister Margaret Thatcher in the mid-1980s.
But Archer suffered a very public downfall when he was convicted of perjury and perverting the course of justice in 2001, being sentenced to four years' imprisonment.
Kate Elton, HarperCollins' UK CEO and Archer's editor, said in a statement: "We're all devastated to have lost a writer who has brought joy to generations of readers - and a true friend."
#archer #harpercollins #london #jeffrey
23 days ago
By Alexander Cornwell and Maayan Lubell
JERUSALEM, Oct 5 (Reuters) - The flydubai co-pilot who stabbed his captain in a suspected attempt to crash the plane has told UAE interrogators he planned the attack before he was hired by the Dubai state-owned airline, according to two Israeli officials with knowledge of the probe.
A third source briefed on the UAE probe said the co-pilot, an Omani national, had planned to crash last Wednesday's flight into Ben-Gurion airport near Tel Aviv. He had also operated a flight to Tel Aviv earlier this year and intended to hijack and crash the plane then, but opted not to, the source added.
It was not immediately clear why the co-pilot changed his mind on that previous flight, although the co-pilot is thought to have known someone onboard, the source said.
All of the sources spoke on condition of anonymity to discuss the investigation. UAE and Israeli authorities did not immediately respond to a request for comment, nor did flydubai.
#pilot #crash #flight #planned
JERUSALEM, Oct 5 (Reuters) - The flydubai co-pilot who stabbed his captain in a suspected attempt to crash the plane has told UAE interrogators he planned the attack before he was hired by the Dubai state-owned airline, according to two Israeli officials with knowledge of the probe.
A third source briefed on the UAE probe said the co-pilot, an Omani national, had planned to crash last Wednesday's flight into Ben-Gurion airport near Tel Aviv. He had also operated a flight to Tel Aviv earlier this year and intended to hijack and crash the plane then, but opted not to, the source added.
It was not immediately clear why the co-pilot changed his mind on that previous flight, although the co-pilot is thought to have known someone onboard, the source said.
All of the sources spoke on condition of anonymity to discuss the investigation. UAE and Israeli authorities did not immediately respond to a request for comment, nor did flydubai.
#pilot #crash #flight #planned
25 days ago
By Kanishka Singh
WASHINGTON, Oct 2 (Reuters) - President Donald Trump said the US government will send a one-time $90 payment to more than 20 million Americans enrolled in Medicare, a health insurance program for the elderly, to help offset the cost of their monthly medical insurance premiums.
Trump said on social media late on Friday the payments will come from the Medicare Improvement Fund, which he said was given $2 billion by Congress to improve the Medicare fee-for-service program.
The announcement is the latest in a series of financial promises the Republican leader has made to voters heading into the November midterm elections where control of Congress is at stake.
Trump's Republican Party currently has a narrow majority in both the Senate and the House of Representatives but his approval rating has been low over his handling of the high cost of living for Americans during the US-Israeli war on Iran that has spiked oil and gas prices.
#americans #insurance #program #singh
WASHINGTON, Oct 2 (Reuters) - President Donald Trump said the US government will send a one-time $90 payment to more than 20 million Americans enrolled in Medicare, a health insurance program for the elderly, to help offset the cost of their monthly medical insurance premiums.
Trump said on social media late on Friday the payments will come from the Medicare Improvement Fund, which he said was given $2 billion by Congress to improve the Medicare fee-for-service program.
The announcement is the latest in a series of financial promises the Republican leader has made to voters heading into the November midterm elections where control of Congress is at stake.
Trump's Republican Party currently has a narrow majority in both the Senate and the House of Representatives but his approval rating has been low over his handling of the high cost of living for Americans during the US-Israeli war on Iran that has spiked oil and gas prices.
#americans #insurance #program #singh
27 days ago
WASHINGTON, Oct 1 (Reuters) - US President Donald Trump said he regretted nominating three Supreme Court justices — Neil Gorsuch, Amy Coney Barrett and Brett Kavanaugh — who have opposed him in recent rulings, according to a Time Magazine interview.
The Republican president was asked about his recent comments regarding the three conservative justices in the interview, which was conducted on Monday.
"Do you regret nominating them?" the interviewer asked, referring to Trump's comments in a recent Truth Social post.
"Yeah. Yeah," Trump responded, according to a transcript of the interview.
"What can I do? I put them in. They voted against me too often. I was very — I gave them the position of a lifetime, and they vote against me often."
#recent
The Republican president was asked about his recent comments regarding the three conservative justices in the interview, which was conducted on Monday.
"Do you regret nominating them?" the interviewer asked, referring to Trump's comments in a recent Truth Social post.
"Yeah. Yeah," Trump responded, according to a transcript of the interview.
"What can I do? I put them in. They voted against me too often. I was very — I gave them the position of a lifetime, and they vote against me often."
#recent
29 days ago
By Waylon Cunningham
NEW YORK, Sept 29 (Reuters) - McDonald's is increasingly using artificial intelligence to guide menu prices across the U.S. and some global markets, a plan that aims to boost headquarters' profit but risks alienating customers and attracting antitrust scrutiny.
One pricing factor supercharged by AI: an estimate of how much each store's patrons are willing to pay.
The details of how that pricing system works, its extensive use of AI, the company's regulatory concerns and the tensions with its franchisees haven't been previously reported. For this story, Reuters reviewed screenshots of the company pricing engine taken in August and interviewed nine sources with first-hand knowledge of the burger chain's strategy.
McDonald's pricing engine uses machine-learning algorithms to continually ****** yze data from millions of daily transactions across McDonald's nearly 14,000 restaurants and generate what the company calls "the optimal price" at each location for each menu item, from Big Macs to discounted coffee for seniors.
#pricing #company #engine #cunningham
NEW YORK, Sept 29 (Reuters) - McDonald's is increasingly using artificial intelligence to guide menu prices across the U.S. and some global markets, a plan that aims to boost headquarters' profit but risks alienating customers and attracting antitrust scrutiny.
One pricing factor supercharged by AI: an estimate of how much each store's patrons are willing to pay.
The details of how that pricing system works, its extensive use of AI, the company's regulatory concerns and the tensions with its franchisees haven't been previously reported. For this story, Reuters reviewed screenshots of the company pricing engine taken in August and interviewed nine sources with first-hand knowledge of the burger chain's strategy.
McDonald's pricing engine uses machine-learning algorithms to continually ****** yze data from millions of daily transactions across McDonald's nearly 14,000 restaurants and generate what the company calls "the optimal price" at each location for each menu item, from Big Macs to discounted coffee for seniors.
#pricing #company #engine #cunningham
29 days ago
By Andrew Chung
Sept 29 (Reuters) - The US Supreme Court on Tuesday let President Donald Trump's administration resume deporting migrants to countries other than their own without offering them the chance to show the harms they may face, bolstering a tool his administration has used for rapid expulsions as part of his immigration crackdown.
The court granted the Justice Department's emergency request to put on hold Boston-based US District Judge Brian Murphy's ruling that the Department of Homeland Security's policy to remove migrants to so-called third countries is unlawful. The court also agreed to hear arguments in the dispute in December, with a formal ruling on the policy to follow.
The court has a 6-3 conservative majority. Its three liberal justices dissented from the decision to let the deportations immediately resume pending the final outcome of the litigation.
Murphy's ruling came in a class-action lawsuit filed by immigrant rights groups on behalf of migrants seeking to prevent the US government from sending them to third countries without notice and a chance to **** ert the harms they could face.
#migrants #chance #harms
Sept 29 (Reuters) - The US Supreme Court on Tuesday let President Donald Trump's administration resume deporting migrants to countries other than their own without offering them the chance to show the harms they may face, bolstering a tool his administration has used for rapid expulsions as part of his immigration crackdown.
The court granted the Justice Department's emergency request to put on hold Boston-based US District Judge Brian Murphy's ruling that the Department of Homeland Security's policy to remove migrants to so-called third countries is unlawful. The court also agreed to hear arguments in the dispute in December, with a formal ruling on the policy to follow.
The court has a 6-3 conservative majority. Its three liberal justices dissented from the decision to let the deportations immediately resume pending the final outcome of the litigation.
Murphy's ruling came in a class-action lawsuit filed by immigrant rights groups on behalf of migrants seeking to prevent the US government from sending them to third countries without notice and a chance to **** ert the harms they could face.
#migrants #chance #harms
1 month ago
Intel sold control of Altera last year. Now the programmable-chip company is heading back toward the public market just as AI gives investors a new reason to care about FPGAs.
Altera said on September 15 that it confidentially filed for a U.S. IPO. Reuters previously reported that the offering could raise more than $2 billion. Silver Lake owns 51% after investing $4.46 billion for control, while Intel Corporation (NASDAQ:INTC) retains 49%.
Intel Corp.'s headquarters, the Robert Noyce Building in Santa Clara, California. Photo from Intel Corp website
The most useful strategic comparison is Advanced Micro Devices, Inc. (NASDAQ:AMD), which bought FPGA leader Xilinx in 2022 and integrated programmable silicon into a much broader data-center portfolio.
Intel bought Altera for $16.7 billion in 2015 before separating the business and selling control to Silver Lake. An IPO would create a new market valuation for Intel Corporation's (NASDAQ:INTC) remaining interest.
#corp
Altera said on September 15 that it confidentially filed for a U.S. IPO. Reuters previously reported that the offering could raise more than $2 billion. Silver Lake owns 51% after investing $4.46 billion for control, while Intel Corporation (NASDAQ:INTC) retains 49%.
Intel Corp.'s headquarters, the Robert Noyce Building in Santa Clara, California. Photo from Intel Corp website
The most useful strategic comparison is Advanced Micro Devices, Inc. (NASDAQ:AMD), which bought FPGA leader Xilinx in 2022 and integrated programmable silicon into a much broader data-center portfolio.
Intel bought Altera for $16.7 billion in 2015 before separating the business and selling control to Silver Lake. An IPO would create a new market valuation for Intel Corporation's (NASDAQ:INTC) remaining interest.
#corp
1 month ago
Former Intel CEO Pat Gelsinger is backing a startup that thinks AI's next bottleneck is not the accelerator. It is everything waiting for data to arrive.
Delos Data announced on September 15 that it raised more than $100 million to develop networking chips and software for increasingly heterogeneous AI data centers. Playground Global, where Gelsinger is a general partner, joined the round. Reuters reported that Delos is designing the network to work across different types of compute hardware rather than **** uming every accelerator comes from NVIDIA Corporation (NASDAQ:NVDA).
That makes Advanced Micro Devices, Inc. (NASDAQ:AMD) an important read-through even though AMD is not an investor in Delos.
For illustration purposes only. Photo by Brett Sayles on Pexels
Nvidia does not dominate AI simply because its GPUs are fast. NVIDIA Corporation (NASDAQ:NVDA) sells a tightly integrated system of accelerators, networking, interconnects and software. That makes large clusters easier to deploy and gives customers fewer reasons to mix architectures.
#delos #data #Networking #software
Delos Data announced on September 15 that it raised more than $100 million to develop networking chips and software for increasingly heterogeneous AI data centers. Playground Global, where Gelsinger is a general partner, joined the round. Reuters reported that Delos is designing the network to work across different types of compute hardware rather than **** uming every accelerator comes from NVIDIA Corporation (NASDAQ:NVDA).
That makes Advanced Micro Devices, Inc. (NASDAQ:AMD) an important read-through even though AMD is not an investor in Delos.
For illustration purposes only. Photo by Brett Sayles on Pexels
Nvidia does not dominate AI simply because its GPUs are fast. NVIDIA Corporation (NASDAQ:NVDA) sells a tightly integrated system of accelerators, networking, interconnects and software. That makes large clusters easier to deploy and gives customers fewer reasons to mix architectures.
#delos #data #Networking #software
1 month ago
SK Hynix is exploring something it has never done before: manufacturing memory chips in the United States.
Reuters reported on September 16 that the Korean memory giant is discussing several possibilities with Intel Corporation (NASDAQ:INTC), including leasing part of Intel's long-delayed Ohio complex or forming a venture involving Intel and large cloud customers. SK Hynix said no specific plan has been finalized.
For Micron Technology, Inc. (NASDAQ:MU), the talks matter because one of its strongest strategic advantages is being the major U.S.-based memory producer while AI has made DRAM and HBM increasingly scarce.
Intel has committed enormous capital to Ohio, with the broader project potentially reaching around $100 billion over time. Delays have pushed planned production into the next decade. A tenant or joint-venture partner could therefore help Intel share the financial burden of developing the Ohio site rather than relying entirely on its own foundry demand to justify the buildout.
That is the bull case. The bear case is that exploratory talks are a long way from revenue. Bringing advanced Korean memory production to the U.S. could face cost problems, technology-transfer restrictions and objections from Seoul. Intel still needs its core manufacturing roadmap to work.
#long
Reuters reported on September 16 that the Korean memory giant is discussing several possibilities with Intel Corporation (NASDAQ:INTC), including leasing part of Intel's long-delayed Ohio complex or forming a venture involving Intel and large cloud customers. SK Hynix said no specific plan has been finalized.
For Micron Technology, Inc. (NASDAQ:MU), the talks matter because one of its strongest strategic advantages is being the major U.S.-based memory producer while AI has made DRAM and HBM increasingly scarce.
Intel has committed enormous capital to Ohio, with the broader project potentially reaching around $100 billion over time. Delays have pushed planned production into the next decade. A tenant or joint-venture partner could therefore help Intel share the financial burden of developing the Ohio site rather than relying entirely on its own foundry demand to justify the buildout.
That is the bull case. The bear case is that exploratory talks are a long way from revenue. Bringing advanced Korean memory production to the U.S. could face cost problems, technology-transfer restrictions and objections from Seoul. Intel still needs its core manufacturing roadmap to work.
#long
1 month ago
On September 17, shares of Marvell Technology, Inc. (NASDAQ:MRVL) and GLOBALFOUNDRIES Inc. (NASDAQ:GFS) moved sharply higher, with Marvell Technology, Inc. (NASDAQ:MRVL) gaining more than 4% and GLOBALFOUNDRIES Inc. (NASDAQ:GFS) rising more than 6% by the end of the trading session.
Reuters reported that the two companies have expanded their agreement to increase production capacity for silicon germanium (SiGe), a semiconductor technology used in high-speed optical connections for data centers. The multi-year agreement will expand capacity for GLOBALFOUNDRIES Inc.'s (NASDAQ:GFS) SiGe technology at its facility in Burlington, Vermont. SiGe allows semiconductor devices to operate at higher speeds while using less energy, making it increasingly important as data centers handle larger volumes of data.
Robb Johnson, Vice President, Foundry Technology at Marvell Technology, Inc. (NASDAQ:MRVL) said the expanded collaboration will help ensure that the company has the "SiGe technology and manufacturing capacity to support the significant growth" it expects ahead.
According to the report, the increased manufacturing capacity will help Marvell Technology, Inc. (NASDAQ:MRVL) meet growing demand for optical networking products, including pluggable optical transceivers, near-packaged optics, and co-packaged optics.
GlobalFoundries Is Seeing Strong SiGe Demand
#sige #globalfoundries #optical #data
Reuters reported that the two companies have expanded their agreement to increase production capacity for silicon germanium (SiGe), a semiconductor technology used in high-speed optical connections for data centers. The multi-year agreement will expand capacity for GLOBALFOUNDRIES Inc.'s (NASDAQ:GFS) SiGe technology at its facility in Burlington, Vermont. SiGe allows semiconductor devices to operate at higher speeds while using less energy, making it increasingly important as data centers handle larger volumes of data.
Robb Johnson, Vice President, Foundry Technology at Marvell Technology, Inc. (NASDAQ:MRVL) said the expanded collaboration will help ensure that the company has the "SiGe technology and manufacturing capacity to support the significant growth" it expects ahead.
According to the report, the increased manufacturing capacity will help Marvell Technology, Inc. (NASDAQ:MRVL) meet growing demand for optical networking products, including pluggable optical transceivers, near-packaged optics, and co-packaged optics.
GlobalFoundries Is Seeing Strong SiGe Demand
#sige #globalfoundries #optical #data
1 month ago
By Jana Choukeir and Doina Chiacu
DUBAI/WASHINGTON, Sept 20 (Reuters) - Iran and the United States exchanged new threats on Sunday, with President Donald Trump warning Iran would fail economically or face its leadership being wiped out if it didn't make a deal, and the Iranian military saying it would retaliate harshly to any fresh attack.
The conflict has looked stalemated for months, with no sign either side was ready for concessions even as it has deepened a global energy crisis, cratered swathes of Iran's economy and spilled over into new regional escalations.
In a phone call with a Fox News reporter, Trump said Iran's leaders should make a deal, rot economically or be wiped out, the reporter said.
However, with Iran's President Masoud Pezeshkian expected in New York this week for the United Nations General ***** embly, Trump said he would be open to meeting him, the Fox reporter added.
#reporter #Iran #make
DUBAI/WASHINGTON, Sept 20 (Reuters) - Iran and the United States exchanged new threats on Sunday, with President Donald Trump warning Iran would fail economically or face its leadership being wiped out if it didn't make a deal, and the Iranian military saying it would retaliate harshly to any fresh attack.
The conflict has looked stalemated for months, with no sign either side was ready for concessions even as it has deepened a global energy crisis, cratered swathes of Iran's economy and spilled over into new regional escalations.
In a phone call with a Fox News reporter, Trump said Iran's leaders should make a deal, rot economically or be wiped out, the reporter said.
However, with Iran's President Masoud Pezeshkian expected in New York this week for the United Nations General ***** embly, Trump said he would be open to meeting him, the Fox reporter added.
#reporter #Iran #make
1 month ago
On September 9, 2026, Apple Inc. (NASDAQ:AAPL) unveiled the iPhone Duo, its first foldable smartphone and the biggest change to the iPhone's design in nearly 20 years, at the first product launch event led by new CEO John Ternus since he succeeded Tim Cook on September 1. The book-style, passport-shaped device opens into a 7.6-inch display, Apple's largest ever, starts at $1,999 for the 256-gigabyte model and rises to $3,199 for 2 terabytes of storage. This makes it the most expensive iPhone Apple has ever sold, with availability set for October 23.
The iPhone Duo gives Apple Inc. (NASDAQ:AAPL) a new premium growth opportunity in a mature smartphone market. Apple entered the foldable market with the $1,999 Duo. It creates a new high-end product category within its largest hardware franchise. ******* ysts expect Apple to take a real share of the foldable market. The firm's brand strength and large installed base could help speed up use of foldable smartphones.
The Duo creates a materially different iPhone experience that could encourage upgrades and attract Android users. The device opens to a 7.6-inch display, supports side-by-side multitasking, and offers a tablet-like experience in a pocketable design. Apple also shows the Duo's ******* anium frame, custom hinge, A20 Pro chip, and Apple Intelligence features. It gives customers several reasons to pay a substantial premium for the new form factor.
The launch solidifies Apple's hardware innovation strategy under new CEO John Ternus. The Duo represents Apple's most significant iPhone redesign since the iPhone X. It gives Ternus an opportunity to reignite enthusiasm around the company's hardware portfolio. The product also expands Apple's ability to monetize its ecosystem through higher-value hardware, services, and accessories as customers spend more time using a larger, more versatile iPhone.
The $1,999 starting price could keep the Duo a niche product. Reuters reported that the global foldable market could account for less than 3% of smartphone sales in 2026. ******* ysts expect only about 6 million Duo units as Apple Inc. (NASDAQ:AAPL) enters the category. Even strong market share would turn into a relatively small contribution compared with Apple's broader iPhone business.
#iphone #aapl
The iPhone Duo gives Apple Inc. (NASDAQ:AAPL) a new premium growth opportunity in a mature smartphone market. Apple entered the foldable market with the $1,999 Duo. It creates a new high-end product category within its largest hardware franchise. ******* ysts expect Apple to take a real share of the foldable market. The firm's brand strength and large installed base could help speed up use of foldable smartphones.
The Duo creates a materially different iPhone experience that could encourage upgrades and attract Android users. The device opens to a 7.6-inch display, supports side-by-side multitasking, and offers a tablet-like experience in a pocketable design. Apple also shows the Duo's ******* anium frame, custom hinge, A20 Pro chip, and Apple Intelligence features. It gives customers several reasons to pay a substantial premium for the new form factor.
The launch solidifies Apple's hardware innovation strategy under new CEO John Ternus. The Duo represents Apple's most significant iPhone redesign since the iPhone X. It gives Ternus an opportunity to reignite enthusiasm around the company's hardware portfolio. The product also expands Apple's ability to monetize its ecosystem through higher-value hardware, services, and accessories as customers spend more time using a larger, more versatile iPhone.
The $1,999 starting price could keep the Duo a niche product. Reuters reported that the global foldable market could account for less than 3% of smartphone sales in 2026. ******* ysts expect only about 6 million Duo units as Apple Inc. (NASDAQ:AAPL) enters the category. Even strong market share would turn into a relatively small contribution compared with Apple's broader iPhone business.
#iphone #aapl
1 month ago
On September 9, 2026, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL)'s Google will invest at least €13 billion, or about $15.1 billion, in AI infrastructure in Finland over the next two years, its biggest European investment, including three new data centers and a 22-year deal for up to 50% of the output of one of Finland's two nuclear power plants. The agreement with Finnish utility Fortum is Google's first nuclear energy deal outside the United States, and Fortum's stock jumped as much as 15.5% on the news, its biggest gain in Europe that day.
Finland gives Alphabet Inc. (NASDAQ:GOOGL) a potentially more cost-efficient location for its expanding AI infrastructure. Google plans to invest at least €13 billion ($15.1 billion) in three new data centers and related infrastructure in Finland during 2027 and 2028. The country's cold climate can reduce the need for energy-intensive cooling. The investment will also help grid improvements, clean-energy projects and battery storage.
The 22-year nuclear power agreement gives Google greater control over a critical input for AI infrastructure. Google will purchase up to 50% of the electricity generated by Finland's Loviisa nuclear plant, providing a long-term source of low-carbon power for its data-center operations. The agreement also gives Fortum greater economic certainty to extend and upgrade the plant through 2050. Google and Fortum plan to explore more nuclear and renewable projects.
Alphabet has strong demand drivers that can justify investment in AI capacity. The firm has increased its 2026 global capital investment target to $195 billion-$205 billion as it seeks to capture growing AI computing demand. Google is using the additional infrastructure to support Gemini, Search, Maps, and YouTube. It gives Alphabet multiple major products through which it can monetize greater AI capacity over time.
The Finland project adds another major commitment to Alphabet Inc. (NASDAQ:GOOGL)'s already enormous AI spending program. Alphabet expects to spend $195 billion-$205 billion on capital investment globally in 2026. The Finnish project will require at least another €13 billion during 2027 and 2028. Investors need Alphabet to make enough incremental revenue and cash flow from AI services to justify an infrastructure buildout that is rapidly increasing the company's capital requirements.
#billion #Google #investment #googl
Finland gives Alphabet Inc. (NASDAQ:GOOGL) a potentially more cost-efficient location for its expanding AI infrastructure. Google plans to invest at least €13 billion ($15.1 billion) in three new data centers and related infrastructure in Finland during 2027 and 2028. The country's cold climate can reduce the need for energy-intensive cooling. The investment will also help grid improvements, clean-energy projects and battery storage.
The 22-year nuclear power agreement gives Google greater control over a critical input for AI infrastructure. Google will purchase up to 50% of the electricity generated by Finland's Loviisa nuclear plant, providing a long-term source of low-carbon power for its data-center operations. The agreement also gives Fortum greater economic certainty to extend and upgrade the plant through 2050. Google and Fortum plan to explore more nuclear and renewable projects.
Alphabet has strong demand drivers that can justify investment in AI capacity. The firm has increased its 2026 global capital investment target to $195 billion-$205 billion as it seeks to capture growing AI computing demand. Google is using the additional infrastructure to support Gemini, Search, Maps, and YouTube. It gives Alphabet multiple major products through which it can monetize greater AI capacity over time.
The Finland project adds another major commitment to Alphabet Inc. (NASDAQ:GOOGL)'s already enormous AI spending program. Alphabet expects to spend $195 billion-$205 billion on capital investment globally in 2026. The Finnish project will require at least another €13 billion during 2027 and 2028. Investors need Alphabet to make enough incremental revenue and cash flow from AI services to justify an infrastructure buildout that is rapidly increasing the company's capital requirements.
#billion #Google #investment #googl
1 month ago
On September 9, 2026, Reuters reported that Stellantis N.V. (NYSE:STLA) is recalling 201,976 Jeep vehicles in the U.S., including certain Grand Cherokee, Wagoneer and Grand Wagoneer models. It happened after the National Highway Traffic Safety Administration found a software error that can prevent the tire-pressure monitoring system from detecting low tire pressure or alerting the driver, raising crash risk.
Dealers will update the affected radio-frequency hub software free of charge. The recall is the latest in a year that has already included a 1.5-million-vehicle Ram seat-belt recall, a 955,000-vehicle camera-glitch recall in August, and more than 1 million Wranglers and Gladiators recalled in June for fire risk.
The recall should carry a relatively limited direct financial burden because Stellantis N.V. (NYSE:STLA) can fix the defect with a software update. The recall covers 201,976 Jeep vehicles, but Stellantis does not need to replace a physical component. A software-based remedy should reduce parts and labor costs and allow dealers to complete the repair relatively quickly, limiting the recall's immediate impact on earnings and cash flow.
Stellantis has already begun rebuilding its financial performance, giving investors a stronger foundation to absorb another recall. Second-quarter net profit reached €293 million compared with a €1.87 billion loss a year earlier. Revenue surged 13% to €43.5 billion. The business also generated €1 billion in industrial free cash flow during the quarter, showing real improvement as CEO Antonio Filosa executes his turnaround plan.
Strong North American demand shows the recall has not yet undermined demand for Stellantis' key Jeep and Ram products. Second-quarter North American shipments increased 38% to 445,000 vehicles. It was backed up by refreshed models, including the Jeep Grand Wagoneer and Grand Cherokee and the Ram 1500. So the company enters this recall with improving volumes and strong demand for several of the brands that matter most to its North American turnaround.
#software
Dealers will update the affected radio-frequency hub software free of charge. The recall is the latest in a year that has already included a 1.5-million-vehicle Ram seat-belt recall, a 955,000-vehicle camera-glitch recall in August, and more than 1 million Wranglers and Gladiators recalled in June for fire risk.
The recall should carry a relatively limited direct financial burden because Stellantis N.V. (NYSE:STLA) can fix the defect with a software update. The recall covers 201,976 Jeep vehicles, but Stellantis does not need to replace a physical component. A software-based remedy should reduce parts and labor costs and allow dealers to complete the repair relatively quickly, limiting the recall's immediate impact on earnings and cash flow.
Stellantis has already begun rebuilding its financial performance, giving investors a stronger foundation to absorb another recall. Second-quarter net profit reached €293 million compared with a €1.87 billion loss a year earlier. Revenue surged 13% to €43.5 billion. The business also generated €1 billion in industrial free cash flow during the quarter, showing real improvement as CEO Antonio Filosa executes his turnaround plan.
Strong North American demand shows the recall has not yet undermined demand for Stellantis' key Jeep and Ram products. Second-quarter North American shipments increased 38% to 445,000 vehicles. It was backed up by refreshed models, including the Jeep Grand Wagoneer and Grand Cherokee and the Ram 1500. So the company enters this recall with improving volumes and strong demand for several of the brands that matter most to its North American turnaround.
#software
1 month ago
On September 8, 2026, Reuters reported that Paramount Skydance Corporation (NASDAQ:PSKY) said California Attorney General Rob Bonta made television statements that contradict his own legal arguments against Paramount's request for a $1.88 billion bond in the ongoing court fight over its roughly $110 billion acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD).
Bonta's office has argued the bond is unnecessary because Paramount voluntarily agreed to pause the deal's closing rather than wait for a court injunction. But Paramount described that same pause as equivalent to an injunction in media interviews, which it argues legally requires the states to post a bond under antitrust law. A hearing is scheduled for September 24.
Paramount Skydance Corporation (NASDAQ:PSKY) could protect a significant portion of its financial position if the court grants its $1.88 billion bond request. Paramount says the delay could cost it about $1.3 billion in fees to Warner Bros. Discovery shareholders by the time the case concludes in April 2027. A bond would give Paramount a potential path to recover those losses if it ultimately defeats the states' challenge. It reduces the financial damage from a prolonged legal process.
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is receiving financial protection from the transaction's delay through Paramount's ticking fees. Paramount agreed to pay WBD shareholders approximately $7 million per day starting October 1 if the transaction does not close, creating a growing payment obligation for Paramount. It is also providing WBD shareholders with compensation for waiting. The arrangement gives WBD a financial benefit from the prolonged closing process even as the companies await a final legal resolution.
The legal dispute has not eliminated the strategic rationale for combining the two media companies. Paramount argues that the merger would strengthen the film and television industry and lead to more content while giving the combined company greater scale to compete with Netflix and Disney. For Paramount, completing the acquisition would speed up David Ellison's plan to build a larger media competitor. WBD shareholders would receive the transaction consideration rather than remain exposed to the company's standalone turnaround.
#paramount
Bonta's office has argued the bond is unnecessary because Paramount voluntarily agreed to pause the deal's closing rather than wait for a court injunction. But Paramount described that same pause as equivalent to an injunction in media interviews, which it argues legally requires the states to post a bond under antitrust law. A hearing is scheduled for September 24.
Paramount Skydance Corporation (NASDAQ:PSKY) could protect a significant portion of its financial position if the court grants its $1.88 billion bond request. Paramount says the delay could cost it about $1.3 billion in fees to Warner Bros. Discovery shareholders by the time the case concludes in April 2027. A bond would give Paramount a potential path to recover those losses if it ultimately defeats the states' challenge. It reduces the financial damage from a prolonged legal process.
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is receiving financial protection from the transaction's delay through Paramount's ticking fees. Paramount agreed to pay WBD shareholders approximately $7 million per day starting October 1 if the transaction does not close, creating a growing payment obligation for Paramount. It is also providing WBD shareholders with compensation for waiting. The arrangement gives WBD a financial benefit from the prolonged closing process even as the companies await a final legal resolution.
The legal dispute has not eliminated the strategic rationale for combining the two media companies. Paramount argues that the merger would strengthen the film and television industry and lead to more content while giving the combined company greater scale to compete with Netflix and Disney. For Paramount, completing the acquisition would speed up David Ellison's plan to build a larger media competitor. WBD shareholders would receive the transaction consideration rather than remain exposed to the company's standalone turnaround.
#paramount
