State Texas Financial News
21.02 / 07:41
UPS
FIVE
economy
Trade
President
Courts
Investigations
Trump’s new trade agenda is on a collision course with midterms
Subscribe to enjoy similar stories. President Trump’s new plan for tariffs puts his trade agenda on a collision course with the midterm campaign season. Just hours after his main tariff rationale was invalidated by the Supreme Court on Friday, Trump announced he would implement new levies under two separate legal authorities—one short term, another longer lasting.
20.05 / 02:33
markets
UPS
Racing
President
reports
Updates
Why Trump bucked his party and made a risky bet on Ken Paxton
Subscribe to enjoy similar stories.Sen. Tim Scott called President Trump on Tuesday with a last-ditch plea.The president was on the verge of publicly endorsing Texas Attorney General Ken Paxton in the state’s tightly contested Republican primary.
24.04 / 02:09
markets
Provident
Progressive
JPMorgan
testing
strain
Updates
Oracle’s deluge of AI debt pushes Wall Street to the limit
Subscribe to enjoy similar stories.Oracle’s $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom.Banks including JPMorgan Chase struggled for months to spread the risk of billions of dollars in loans they made to build data centers leased to Oracle in Texas and Wisconsin, people familiar with the matter said. Many financial institutions that would ordinarily buy those loans face restrictions on how much exposure they can have to a single counterparty, and the sheer size of these debt packages pushed them to the limit with Oracle.
20.04 / 15:59
COST
UPS
Provident
Software
SpaceX
War
Anduril, Palantir and SpaceX are changing how America wages war
Subscribe to enjoy similar stories.THE IRAN war may end up teaching America many lessons. One that it has learned the hard way is the woeful economics of using traditional weaponry against cheap Iranian drones.
16.04 / 06:25
markets
CEO
Action
Podcasts
Colleges
Interviews
Altman attack suspect called for ‘Luigi-ing Tech CEOs’ in online messages
Subscribe to enjoy similar stories.SAN FRANCISCO—Months before his arrest for allegedly attempting to murder the chief executive of OpenAI, Daniel Moreno-Gama suggested “Luigi’ing some tech CEOs” in an internet chat.The Texas college student casually referenced Luigi Mangione, the accused UnitedHealthcare CEO killer, during an online conversation with producers of “The Last Invention” podcast, according to screenshots shared with The Wall Street Journal. They wanted to interview him for a series on artificial intelligence.In January, Moreno-Gama recorded the interview, detailing his path from curious internet nerd to a crusader obsessed with AI’s dangers.
22.03 / 10:55
markets
Opinion
Trade
War
Updates
Crude proposal: The US shouldn’t try to rig oil prices by intervening as a short seller
In the shadow of the Iran war, with crude hovering around $100 a barrel, the allure of a quick fix for energy inflation is understandable. But intervening directly in financial markets by taking a bearish short position in oil—which the US Treasury says it’s been discussing—is a terrible idea. Selling oil futures would be a desperate ploy, born of panic about rising US gasoline and diesel retail prices ahead of the midterm elections.
12.03 / 01:49
markets
UPS
Trade
President
War
social
Updates
Mint Quick Edit | A Reliance-backed refinery in Texas? Good news for India-US economic relations
Springing a surprise, US President Donald Trump on Wednesday announced a plan for what he called America’s first new refinery in half-a-century, backed by investment from India’s Reliance. To be built by America First Refining, it is part of a deal whose value Trump put at $300 billion, calling it the biggest in US history.“Thank you to our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment,” he said in a Truth Social post.
10.03 / 00:59
Manufacturing
Hyundai
NVIDIA
Research
Celanese
reports
International
GCCs managed to ward off AI impact on hiring—not anymore
Two of the world’s largest pharmaceutical companies, a chemical manufacturer, and an auto giant have established internal artificial intelligence (AI) teams and opened centres to increase automation across their businesses, as the technology’s rapid pace continues to upend business operations worldwide.Over the last 18 months, Swiss life sciences major Novartis International AG and Texas-based chemical manufacturer Celanese Corporation started AI councils to identify segments that can be automated. Indiana-based Eli Lilly and Co.
04.03 / 00:41
markets
Trade
War
country
reports
All eyes on oil stockpile as war throws a spanner in supply chain
oil and petro-products to deal with short-term disruptions. The Union ministry of petroleum and natural gas has formed a 24×7 control room to continuously monitor the supply and stock position across the country.State-run oil marketing companies (OMCs)—Indian Oil Corp, Hindustan Petroleum Corp. Ltd (HPCL), Bharat Petroleum Corp.
24.02 / 01:39
Citi
Racing
Fighting
security
War
prevention
International
Mexico races to prevent cartel war after the killing of top drug boss
Subscribe to enjoy similar stories. MEXICO CITY—For many drug-enforcement officials in North America, there was one cartel boss who was too big and too dangerous to ever try to take down—Nemesio “El Mencho" Oseguera, the head of the Jalisco New Generation Cartel.
23.02 / 01:43
CEO
Photography
students
Photos
social
Schools
Relationships
The school photography company caught in the Epstein files frenzy
Subscribe to enjoy similar stories. The blast radius of the Epstein files has toppled C-suite executives, shamed financiers and led to the arrest of a former British royal. Now, school picture day is in the crossfire.
18.02 / 02:25
COST
FIVE
Chevron
wellness
President
rock
Resilient US oil production is a boon to Trump. How long will it last?
Subscribe to enjoy similar stories. MIDLAND COUNTY, Texas—Perched in the control room of a Chevron rig, an operator steered a drilling bit thousands of feet under the arid surface of the Permian Basin. As he did so, he received real-time directions from a specialist in Houston, some 477 miles away.
13.02 / 09:17
markets
COST
UPS
Food
show
country
fencing
America’s cattle crisis: A shrinking herd, soaring beef prices, and little relief in sight
Subscribe to enjoy similar stories. It’s late morning in Central Texas Hill Country, and a Black Baldy is prodded into a small auditorium of Western hats and dusty ball caps. Her dark coat and stark white face is typical of this cow breed known for easy calving and attentive mothering.
27.01 / 11:11
economy
Bill
President
show
cover
Podcasts
rights
MAGA is divided over the promise and perils of AI
Subscribe to enjoy similar stories. In the world according to the “War Room", a podcast hosted by Steve Bannon, a former White House strategist, woke liberals and shadowy globalists are out to get America. But in recent months the show has drawn a new battle line.
26.01 / 01:35
UPS
Provident
Dreams
Healthcare
Freedom
Golf
travelers
Longing to stop working? Retiring early creates its own stresses.
Subscribe to enjoy similar stories. Retiring before age 65 is a dream for many workers. For Taylor Kovar, turning dream into reality made him anxious and depressed.
20.01 / 05:51
UPS
Action
security
President
country
Interviews
Why an emboldened Trump set his sights on Greenland
Subscribe to enjoy similar stories. In late 2018, President Trump asked his national security adviser, John Bolton, to weigh in on an idea floated by a prominent businessman: Should the U.S. buy Greenland? Bolton said he would look into it.
16.12 / 06:47
security
Strategy
War
country
Latin
peace
As oil, gas and gallium reshape America’s security strategy, we can expect peace prospects to brighten
The new National Security Strategy of the US seeks “strategic stability” with Russia. It declares that China is merely a competitor, that the Middle East is not central to American security, that Latin America is “our hemisphere” and that Europe faces “civilizational erasure.” India barely rates a mention; one might say, as Neville Chamberlain did of Czechoslovakia in 1938, that it’s “a faraway country... of which we know nothing.” Well, so much the better for India, which can take care of itself.The realpolitik of this document is breathtaking, yet the underlying logic is not stated.
13.12 / 11:25
COST
Career
Trade
students
Universities
Schools
Colleges
Why workers in their 40s are going back to school
Subscribe to enjoy similar stories. It’s tough to go back to school in your 40s. But with layoffs, stagnant pay and inroads by artificial intelligence, many of those nearing midlife are heading back to classrooms and trade schools.
13.12 / 08:51
CEO
Software
Highways
Research
show
Courts
AI can make decisions better than people do. So why don’t we trust it?
Subscribe to enjoy similar stories. If you happen to be on a Texas highway sometime this summer, and see a 50,000-pound semi truck barreling along with nobody behind the wheel, just remember: A self-driving truck is less likely to kill someone than one driven by a human. At least that’s what Chris Urmson, chief executive of autonomous-vehicle software maker Aurora Innovation, insists.
11.12 / 03:45
markets
UPS
Provident
FIVE
BLOCK
NVIDIA
China’s AI power play: Cheap electricity from world’s biggest grid
Subscribe to enjoy similar stories. ULANQAB, China—The U.S. invented the most powerful artificial-intelligence models and controls access to the most advanced computer chips, but China has an ace to play in the global AI contest.
04.04 / 23:01
FIVE
Sustainability
Matrix
show
stars
reports
ESPN
St Louis Cardinals will take on Boston Red Sox this weekend: Here’s all you need to know about live streaming, key players
St Louis Cardinals (4-2) and the Boston Red Sox (3-4).
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