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News & Articles By Cassie B.
12/26/2025
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By Cassie B.
Nvidia’s $20 billion licensing deal for Groq targets Google’s AI chip dominance
Nvidia invests $20 billion to license Groq’s AI technology and hire its leadership. The deal is a strategic move to counter Google’s growing influence in AI inference hardware. Structuring it as a licensing agreement aims to avoid intense antitrust scrutiny. Nvidia gains key talent from Google’s TPU project to bolster its own chip development. The […]
12/23/2025
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By Cassie B.
Mercedes-Benz pays $150 million to settle state diesel emissions cheating claims
Mercedes-Benz will pay up to $150 million to settle a diesel emissions cheating case with U.S. states. Officials allege the company sold more than 211,000 vehicles with illegal software from 2008 to 2016. The software allowed cars to emit pollutants at 30 to 40 times the legal limit on the road. State attorneys general called […]
12/18/2025
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By Cassie B.
California gives Tesla 90 days to fix “misleading” Autopilot marketing or face sales ban
California regulators have paused Tesla’s sales license suspension for 90 days. The state demands Tesla correct marketing deemed misleading for its Autopilot system. Tesla denies wrongdoing, arguing it has always stated human supervision is required. The company faces broader legal challenges and federal probes over its self-driving claims. This clash highlights growing scrutiny of autonomous […]
12/18/2025
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By Cassie B.
Affordability crisis grips Canada and U.S. as polls show overwhelming public distress over rising prices
A new poll shows most Canadians feel the current cost of living is the worst they’ve ever experienced. Food prices are the primary and most universal source of financial stress. Housing costs are the second biggest concern, especially for younger Canadians. An identical affordability crisis is gripping voters in the United States. This economic anxiety […]
12/01/2025
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By Cassie B.
FedEx to close Texas logistics hub, cutting 856 jobs as “forever layoff” trend grows
FedEx is closing a Coppell, Texas facility and permanently laying off 856 employees. The layoffs result from a major customer switching to a competitor’s logistics provider. This follows other recent FedEx job cuts across North Texas facilities. The move reflects a national trend of constant small layoffs dubbed the “forever layoff.” This pattern creates widespread […]
11/30/2025
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By Cassie B.
Gaza’s economy erased in worst collapse ever recorded, UN report finds
Gaza’s economy has suffered the most severe collapse ever recorded. Its GDP has fallen by 83 percent, erasing 69 years of progress. Unemployment has skyrocketed to over 80 percent, with universal poverty. The cost to rebuild is estimated at $70 billion, a multi-decade task. All schools and universities are destroyed, harming future generations. A new […]
11/26/2025
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By Cassie B.
Nvidia loses billions as Google’s AI chips spark market fears and bubble concerns
Nvidia lost $300 billion in value during a dramatic stock plunge. The sell-off was triggered by Google’s emergence as a serious AI chip competitor. Google’s new Gemini AI model, powered by its own chips, challenges Nvidia’s dominance. Nvidia issued a rare public defense of its technology on social media. The event intensified fears of an […]
11/20/2025
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By Cassie B.
Trump forces South Korea to end decade-long crackdown on American tech giants
South Korea’s Fair Trade Commission aggressively fined U.S. tech firms like Google and Apple under protectionist policies for years. Trump’s pressure forced Seoul to end unfair regulatory practices and align economically with the U.S. for security and trade. Korea’s reversal came after losing China’s market, escalating North Korean threats, and Trump’s hardline trade tactics. The […]
11/19/2025
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By Cassie B.
Home Depot’s profit plunge signals a frozen economy and fearful consumers
Home Depot reports its third consecutive quarter of declining profits. The company is a key bellwether for U.S. consumer confidence and the housing market. Its CFO states customers are hesitating due to economic uncertainty. Fewer customers are visiting stores, indicating a pullback in spending. High mortgage rates and government tariffs are contributing to the pressure. […]
11/17/2025
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By Cassie B.
Corporate bankruptcies near 15-year high as economic stress triggers wave of failures
Corporate bankruptcies are accelerating toward a 15-year high. The industrials and consumer discretionary sectors are being hit hardest. High-profile company collapses signal a systemic financial problem. Experts warn the wave of bankruptcies will spread to other sectors. This corporate crisis represents immense human cost through lost jobs. The American economy is flashing red, and the […]
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