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Elon Musk’s xAI lays off 500 in overnight restructuring of Grok training workforce– www.techspot.com

pgnewser September 15, 2025 0

Elon Musk’s xAI lays off 500 in overnight restructuring of Grok training workforce– www.techspot.com
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Business Insider obtained an internal email informing workers that the firm plans to prioritize “specialist AI tutors” over generalist roles and will immediately eliminate most general tutoring positions. The company told employees that it would honor their contracts through either November 30 or their previously agreed-upon end dates, but it…

Israel’s forex reserves hit new record– en.globes.co.il

pgnewser September 10, 2025 0

Israel’s forex reserves hit new record– en.globes.co.il
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Israel’s foreign exchange reserves at the end of August 2025 rose to $230.321 billion – a new record – an increase of $3.553 billion from their level at the end of July, the Bank of Israel reports. The level of the reserves relative to GDP at the end of July was 41%.

 

The increase was the result of a revaluation that increased the reserves by about $3.759 billion, partly offset by foreign exchange activities by the government totaling about $209 million.

 

Trump fails in bid to fire Lisa Cook as Federal Reserve independence clings on– fortune.com

pgnewser September 10, 2025 0

Trump fails in bid to fire Lisa Cook as Federal Reserve independence clings on– fortune.com
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A federal court ruled Tuesday that embattled Federal Reserve Governor Lisa Cook can remain in her position while she fights President Donald Trump’s efforts to fire her.

The ruling, which will almost certainly be appealed, is a blow to the Trump administration’s efforts to assert more control over the traditionally independent Fed, which sets short-term interest rates to achieve its congressionally mandated goals of stable prices and maximum employment. Congress has also sought to insulate the Fed from day-to-day politics.

Trump said he was firing Cook on Aug. 25 over allegations raised by one of his appointees that she committed mortgage fraud related to two properties she purchased in 2021, before she joined the Fed. Cook is accused of saying two properties were “primary residences,” which could have resulted in lower down payments and mortgage rates than if either was designated a second home or investment property.

Cook’s lawyers argued that firing her was unlawful because presidents can only fire Fed governors “for cause,” which has typically meant inefficiency, neglect of duty or malfeasance while in office. They also said she was entitled to a hearing and a chance to respond to the charges before being fired, but was not provided either. Her lawsuit denied the charges but did not provide more details.

Chinese scientists unveil blueprint for asteroid defense and resource utilization, call for int’l collaboration– financialpost.com

pgnewser September 8, 2025 0

Chinese scientists unveil blueprint for asteroid defense and resource utilization, call for int’l collaboration– financialpost.com
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In a sub-forum of this conference, the Deep Space Exploration Lab highlighted ten major sectors as the future trends of deep space economy, including resource utilization, internet, energy, biology, transportation, smart technologies, construction, tourism, security, and cultural creativity.

Understanding age assurance in the Online Safety Act · Yoti

UK Citizens Must now use government ID to access the Internet… They’re Not Happy

pgnewser September 1, 2025 1

Understanding age assurance in the Online Safety Act · YotiOnline Safety Act petition: 300,000 sign petition to repeal Online Safety Bill – what happens next – Derbyshire Times

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The new Online Safety Act rules came into force last week 🚨
  • Online Safety Act’s age verification rules came into force on July 25.
  • A petition calling to repeal it has passed 300,000 signatures.
  • But what will happen next – and will it be debated?

A petition urging the government to repeal the new Online Safety Act has passed 300,000 signatures – just days after the new rules came into force.

The changes came into effect on Friday (July 25), and one of the measures included requiring UK residents to verify their ages before accessing websites with pornography or other content that could be considered harmful to children. This can be done by uploading a picture of yourself for ‘facial age estimation’ or a photo of ID.

Trump ignites conservative backlash after opening door to 600,000 Chinese students: ‘What is this madness?’ – Fox News

pgnewser August 28, 2025 0

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President Donald Trump’s plan to allow 600,000 Chinese student visas to be issued drew strong criticism from the right on Monday and Tuesday.

The proposal comes as the president is amid trade talks with China, and backers of the plan could be necessary to keep certain universities afloat, whereas others say it could hinder the opportunities of American students.

“I hear so many stories that we’re not going to allow their students,” Trump told reporters as trade talks with China are ongoing.

“We’re going to allow their students to come in. It’s very important, 600,000 students. It’s very important. But we’re going to get along with China,” he continued.

Trump expanded on his comments during a Cabinet meeting at the White House on Tuesday.

“I think it’s very insulting to say students can’t come here because they’ll go out and start building schools and they’ll be able to survive it. But I like that their students come here. I like that other countries’ students come here. And you know what would happen if they didn’t? Our college system would go to hell very quickly. And it wouldn’t be the top colleges, so it’d be colleges that struggle on the bottom. And you take out 300,000 or 600,000 students out of the system,” Trump said.

“I like having, and I told this to President Xi that we’re honored to have their students here. Now, with that, we check in with careful and we see who’s there,” he added.

Trump urges criminal charges against George Soros, son– economictimes.indiatimes.com

pgnewser August 28, 2025 0

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US President Donald Trump called Wednesday for billionaire George Soros and his son to face criminal charges over unfounded claims that the family, a favorite target of the right, is behind “violent protests” around the country.

Trump did not specify what prompted his morning outburst, but it comes as his administration pursues multiple criminal investigations against his perceived enemies.

“George Soros, and his wonderful Radical Left son, should be charged with RICO because of their support of Violent Protests, and much more,” the president wrote on his Truth Social platform, referring to a law against taking part in a criminal organization.

Long-standing conspiracy theories involving the Soros family swirled again in June, as street protests broke out in Los Angeles against a ramp up of immigration raids.

Trump used the demonstrations as justification to deploy the National Guard and Marines into the Democratic-run city.

WILLIAM FLAIG: When Silence Breaks: Wall Street’s Quiet Confession On Political Banking– dailycaller.com

pgnewser August 27, 2025 0

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In a striking turn of events, several senior banking executives have broken their long-standing silence, revealing that political coercion, not just regulatory prudence, steered decisions about whose bank accounts to close and services to deny.

Their admissions come on the heels of President Donald Trump’s executive order, Guaranteeing Fair Banking for All Americans, issued on August 7, 2025, which explicitly outlaws politicized or unlawful debanking and prohibits the nebulous use of “reputational risk” as justification for denying service.

Until now, institutions like JPMorgan, Bank of America, CitiGroup, and PNC have staunchly defended their practices, insisting that account closures rested solely on objective criteria. But in an extraordinary shift, these same banks through unnamed executives quoted by Fox News Digital have now voiced concerns about the “very, very real” pressure they felt from federal regulators under the Obama and Biden administrations.

California’s ‘Streamlined’ Permitting Process for Green Energy is Stuck– www.breitbart.com

pgnewser August 22, 2025 0

California’s ‘Streamlined’ Permitting Process for Green Energy is Stuck – breitbart.com

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California is struggling to approve permits even for “green” projects like solar and wind energy — and even under a formally “streamlined” process that was meant to accelerate projects that help fight climate change.

Politico reports that California’s new process under a 2022 law, which was meant to limit permitting to 270 days, has been completely ineffective, as local opposition is still able to delay “green” projects for many years.

Politico reported Sunday:

A wind power farm in the mountains of far-Northern California was the first through the door of a new permit streamlining program that came with a lofty promise to renewable energy developers: Once a permit application was complete, the California Energy Commission would make a final ruling on the project within 270 days.

Dollar General Recalls Coffee After “Potential Presence Of Glass”– wltreport.com

pgnewser August 22, 2025 0

Dollar General Recalls Coffee After “Potential Presence Of Glass”– wltreport.com
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This is the last thing you want in your cup of Joe.

Dollar General has announced it has recalled its instant coffee after it contained a potential presence of glass.

The coffee was sold at Dollar General across 48 U.S. states.

ABC News covered the terrifying report more closely and revealed what brand was impacted by the recall:

Instant coffee products sold at Dollar General stores nationwide have been recalled due to the “potential presence of glass,” according to the company.

Trump administration vying to own big stake in Intel after SoftBank’s $2 billion bet on company– japantoday.com

pgnewser August 22, 2025 0

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U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO.

The ambitions that Lutnick confirmed in a televised interview with CNBC came the day after various news outlets reported on the negotiations between the Trump administration and Intel. The investment would be made by converting federal government grants previously pledged under President Joe Biden’s administration into a bushel of Intel stock that would turn the U.S. government into one of the company’s largest shareholders.

BREAKING: Woke Target CEO resigns amid boycotts, declining sales | The Post Millennial– thepostmillennial.com

pgnewser August 22, 2025 0

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The retailer, which operates nearly 2,000 stores nationwide, has blamed consumer spending amid economic uncertainty and tariffs.

Target announced Wednesday that longtime Chief Executive Brian Cornell will step down next year, as the retailer deals with sales declines and stacking controversies from both sides of the political aisle. Chief Operating Officer Michael Fiddelke has been named as his successor, reports CNN.

Cornell took over in 2014 and was credited with bringing life to the brand a decade ago, but has struggled in recent years as Target faced drops in revenues in the post-pandemic economy. In the first quarter of 2025, sales fell more sharply, and executives have warned that the downward trend is likely to continue through the end of the year.

Appeals Court Declares Structure of National Labor Relations Board Unconstitutional – RedState– redstate.com

pgnewser August 22, 2025 0

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The Fifth U.S. Circuit Court of Appeals on Tuesday ruled that the structure of the National Labor Relations Board is likely unlawful and blocked the NLRB from pursuing cases against SpaceX, pipeline operator Energy Transfer, and Aunt Bertha, which operates a social services search engine, pending the outcome of their lawsuits.

The ruling came from a three-judge panel, two of whom were appointed by Trump and one by G. H. W. Bush.

At issue was the NLRB’s enabling legislation that allegedly prevents the president from firing either NLRB members or the administrative law judges employed by the NLRB.

Trump revokes Biden’s swamp-first regulations order– www.washingtonexaminer.com

pgnewser August 22, 2025 0

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President Donald Trump is continuing to dismantle former President Joe Biden’s model for giving Washington bureaucrats power to regulate Main Street to Wall Street.

In a little-noticed executive order issued last week, Trump, in just 10 words, brushed aside a Biden order that was written to sound deregulatory but actually gave the Washington swamp extraordinary powers to consolidate its regulatory powers.

Trump’s executive order simply said: “Executive Order 14036 of July 9, 2021 (Promoting Competition in the American Economy), is hereby revoked.”

Australian court fines Qantas $90 million for illegal layoffs– japantoday.com

pgnewser August 22, 2025 0

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An Australian court fined Qantas Aus$90 million (U.S.$59 million) on Monday for illegally laying off 1,800 ground staff during the COVID-19 pandemic, ending a five-year legal battle over the workers’ rights.

Federal Court Justice Michael Lee said he wanted the penalty to be a “real deterrence” to firms that might be tempted by the financial rewards of breaching employment law.

Qantas decided to sack the workers and outsource their jobs in August 2020, a period of lockdowns and border closures when no COVID-19 vaccine existed.

Union Pacific-Norfolk Southern merger: An opportunity to reform railroad regulations– www.americanthinker.com

pgnewser August 22, 2025 0

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In 1869, the Union Pacific Railroad and Central Pacific Railroad met at Promontory Point, Utah, where the “golden spike” was laid that connected the eastern and western lines to form the first transcontinental railroad.

More than 150 years later, Union Pacific is still chugging along, albeit quite a bit faster these days.

On July 29, Union Pacific and Norfolk Southern “announced an agreement to create America’s first transcontinental railroad.”

“These legendary companies will seamlessly connect over 50,000 route miles across 43 states from the East Coast to the West Coast, linking approximately 100 ports and nearly every corner of North America. This combination will transform the U.S. supply chain, unleash the industrial strength of American manufacturing, and create new sources of economic growth and workforce opportunity that preserves union jobs,” according to the Union Pacific press release.

Trump’s DOJ Hammers California Climate Madness with Two New Lawsuits– www.westernjournal.com

pgnewser August 22, 2025 0

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Justice Department attorneys filed two new lawsuits against the California Air Resources Board, the group responsible for making “preempted emissions standards” for heavy-duty trucks.

According to a news release from the Justice Department, the complaints align with a vow from President Donald Trump to end the electric vehicle mandate in California.

Biden administration officials had allowed CARB to impose regulations on heavy-duty trucks, but two months ago, Trump invalidated Environmental Protection Agency waivers letting California enforcing the standards.