Author: Editor-In-Chief
CSL employees.William West | AFP | Getty ImagesAustralian biotech stocks CSL The company fell to an eight-year low on Wednesday after announcing the departure of chief executive Paul McKenzie, and profits for the first half of the financial year were weak.The stock price fell 17% to A$151.3, the lowest since February 2018.Gordon Naylor, a senior executive who has been with the company for 33 years, has been named interim CEO, effective Wednesday, until a permanent replacement is found. CSL said on Wednesday that its net profit after tax fell 81% year-on-year to $401 million in the six months to December…
NEW YORK CITY, USA – For 14 years, BC Dodge spent 14 years as a marketing and communications professional in the nonprofit sector in the Washington, DC area, building a career telling the stories of others. However, in late 2024, his steady career reached a rapid pace.He was laid off from his job during a restructuring. The news came without any warning. One day he was at work, the next he was sitting at home staring at numbers, trying to figure out how to keep paying his mortgage and putting food on the table.Recommended stories list of 4 itemsend of…
Lando Norris topped the McLaren timesheets, but it was Max Verstappen’s Red Bull performance that shocked the paddock on the first day of F1 pre-season testing in Bahrain.The three-day test at the Bahrain International Circuit is the second of three events that make up an extended schedule of pre-season testing aimed at giving F1 teams a chance to adapt to the introduction of new power unit and chassis regulations for the 2026 season. Red Bull, which is manufacturing its own engines for the first time since entering the sport in 2005, had already gone some way in dispelling doubts about…
Threads will introduce AI-powered features that will allow users to personalize their feeds, the Meta-owned social network announced Wednesday. The platform’s new “Dear Algo” feature allows users to tell threads what they want to see more or less of temporarily in their feed. To use this feature, users must type “Dear Algo” into a post in a public thread, followed by more or less what they want to see. For example, if you want to see more content about popular podcasts, you can post, “Hey Argo, show me more posts about podcasts.” Your feed will be throttled for three days…
A recruiter displays information while talking to a job applicant at the WorkSource North Seattle Career Fair on Tuesday, February 10, 2026 in Seattle, Washington, USA.David Ryder Bloomberg | Getty ImagesJob gains in January were better than any for the U.S. economy in 2025, but still not enough to fully unravel a stagnant labor market.The numbers suggest that while layoffs appear to be contained, hiring is at least stemming, as nonfarm payrolls rose by 130,000 and the unemployment rate fell to 4.3%, the lowest since August.However, there were some problems within it. It’s about staying focused on just a few…
November 19, 2025, Shanghai, China: A boat sails on the Huangpu River passing through downtown Shanghai. The tallest building on the skyline is the Shanghai Tower (back). Bernd von Utrzenka | Picture Alliance | Getty ImagesAsia-Pacific markets were mostly higher on Wednesday, continuing their gains even as concerns about AI and weak economic data spooked U.S. investors. The December U.S. retail sales report showed flat consumer spending, falling short of the 0.4% month-on-month increase expected by economists surveyed by Dow Jones. In Asia, investors are evaluating the latest data coming out of China. The country’s consumer price index rose 0.2%…
Shopify The company on Wednesday reported fourth-quarter results that beat the top line, providing strong guidance for the start of the year. The stock closed down 6%.Here’s how the company performed compared to the expectations of analysts surveyed by LSEG: Earnings per share: Adjusted 48 cents vs. 51 cents Earnings: $3.67 billion vs. $3.59 billionThe Canadian e-commerce company said it expects first-quarter sales to grow “in the low 30s” compared to the same period last year, higher than the 25.1% growth expected by analysts, according to FactSet. Shopify expects first-quarter free cash flow margins to be in the “low to…
Professor David Gelernter sits in his office at Yale University on August 28, 1997 in New Haven, Connecticut.Brad Clift | Hartford Courant | APYale University announced Wednesday that Professor David Gelernter will be prohibited from teaching computer science classes until further notice as the university investigates his contacts with Jeffrey Epstein. That included mentioning Yale University students about potential projects.Mr. Gelernter’s extensive email correspondence with Mr. Epstein came to light after the Justice Department released files related to Mr. Epstein in late January.Among these files is an email to Epstein from October 2011 in which Mr. Gelernter mentions a software…
England suffered their first defeat in the T20 World Cup after some excellent spin bowling led them to a 30-run victory over the West Indies in the Group C tournament in Mumbai.A devastating four-over spell from Gudakesh Moti (3 for 33) and Roston Chase (2 for 29) shattered England’s middle order and derailed the chase for 197th. Jos Buttler (21), Tom Bunton (2), Jacob Bethell (33 of 23), captain Harry Brook (17) and Will Jacks (2) all spun and Sam Curran’s unbeaten 43 off 30 balls was ensured, but England were bowled out for 166 in the 19th over, too…
In a sense, this was inevitable. Elon Musk and his coterie have been talking about AI in space for years, primarily in the context of Iain Banks’ sci-fi series about a far-future universe where sentient spaceships roam and control the galaxy. Now, Musk sees an opportunity to realize a version of this vision. His company, SpaceX, is seeking regulatory permission to build solar-powered, orbital data centers distributed among as many as 1 million satellites, potentially moving as much as 100 gigawatts of computing power off Earth. He reportedly suggested building some of the AI satellites on the moon. “The cheapest…