US Regulators Considering Slashing Proposed Capital Hike for Big Banks: Report

US Regulators Considering Slashing Proposed Capital Hike for Big Banks: Report

The Federal Reserve and two other US regulators are reportedly considering a new plan to reduce a nearly 20% mandated increase in capital for the country's largest banks.


Dublin-NYC ‘Portal’ Limits Visible Hours After Flashing, Indecent Incidents

The Dublin-New York Portal created by Lithuanian artist Benediktas Gylys has been reopened in limited hours after incidents of indecent incidents.

AI Could Lead to Human Job Loss, Warns AI 'Godfather' Geoffrey Hinton

"AI Godfather" Geoffrey Hinton advocates for universal basic income to address job displacement caused by AI advancements and the need for global regulations to ensure ethical AI use.

Elon Musks Arrives In Indonesia To Launch Starlink; Commercial Rollout Expected After Trials

Elon Musk recently arrived in Bali to inaugurate the Starlink satellite internet service, aiming to provide reliable internet access to Indonesia's remote areas.


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Tim Kuniskis, who has been with Stellantis for nearly 32 years and is CEO of the Ram and Dodge brands, announced his retirement on Friday.
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Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers.
Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report
Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.
Alabama Mercedes-Benz Workers Vote 'No' to Unionization, a Tough Loss for the UAW
Mercedes-Benz workers in Alabama have voted against joining the United Auto Workers (UAW). Mercedes-Benz workers in Alabama voted against joining the United Auto Workers (UAW) on Friday, casting doubt on the ability of the union to unionize factories in the southern United States.
Apple May Release Slimmer iPhone by 2025 in 'Major Redesign'
There has been a speculation that Apple is developing a slimmer iPhone alongside its iPhone 17 by September 2025.
GameStop’s Stocks Drop by 26% After This Week’s Mass Stock Market Move
GameStop plummeted 26% on the stock market on May 17 after a week-long attempt to sell up to 45 million shares.
OpenAI Risk Team Disband Update: Former Leader Claims Company Neglects Safety To Favor 'Shiny Products'
After disbanding the OpenAI risk team, its former leader blasted the AI company. Here's what he said.
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A South Korean woman fell victim to a sophisticated scam orchestrated by an individual impersonating Elon Musk.
Under Armour is Laying off Employees, Re-Focusing on Core Men's Apparel
Under Armour said it's laying off employees and re-prioritizing its core men's apparel business as part of its restructuring effort.
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