Senate Majority Leader Chuck Schumer on Friday said “disagreements remain” between Democrats and Republicans as they seek an amendment agreement that would allow them to renew a key intelligence community surveillance tool before it goes dark at the end of the day. There is broad support in the Senate for…

If there’s one thing the weird world of wine trends has blessed us with in the last few years, it’s an enormous uptick in orange wine distribution. Hailed for its complex flavors, unique aromas, and rich history (its proverbial roots can be traced back to ancient Georgia), orange wine offers…

The inflation paradigm that ruled the last 20 years began to shift in the 2020 COVID pandemic year. A combination of supply chain issues, work stoppages, and massive global government stimulus reignited inflation, particularly in labor costs and in raw materials. Over the last four plus years, many commodity prices…

Tesla informed some of its recruiters on Friday that they’d been laid off, sources told BI.Elon Musk announced a more than 10% headcount reduction on Sunday night.Some Tesla staff learned they’d been laid off shortly after. Another group was notified on Friday. Tesla layoffs hit its recruiting staff on Friday…

POLITICS

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Democrats are building a significant financial edge in the battle for the US House of Representatives, outraising their GOP counterparts and placing big fall ad reservations as Republicans grapple with the fallout of ongoing leadership battles. House Democrats’ official campaign committee, the Democratic Congressional Campaign Committee, announced this week that it hauled in a record-breaking $45.4 million during the first quarter of the year, outraising its Republican counterpart, the National Republican Congressional Committee, which brought in $33.4 million over the same period. The DCCC also touted a war chest of $71.1 million, while the NRCC said it had about $55.9 million in cash on…

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Investing

The company’s long-term challenge will be driving profitability while remaining relevant By Oliver Rodzianko Summary AMD’s strategic focus on cost-effective, advanced compute aims at a distinct market segment, potentially underleveraged by Nvidia’s broad AI ecosystem focus. The stock’s valuation indicates the market expects it to achieve long-term profitability after its…

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