daily news

Tennessee Valley Authority CEO Jeff Lyash Announces Retirement

News Summary Jeff Lyash, the CEO of the Tennessee Valley Authority (TVA), has announced his retirement plans effective by September…

3 weeks ago

Costco Increases Pay for Non-Union Employees

News Summary Costco has announced a pay raise for its non-union employees, just before union workers were set to vote…

3 weeks ago

OpenAI Launches o3-mini, A Breakthrough in AI Access

News Summary OpenAI has announced the upcoming release of its new model, o3-mini, set to launch on January 31, 2025.…

3 weeks ago

FDA Approves New Non-Opioid Pain Reliever: Suzetrigine

News Summary On January 30, 2025, the FDA approved Suzetrigine, a groundbreaking non-opioid pain reliever marketed as Journavx. This innovative…

3 weeks ago

U.S. Investigates DeepSeek for Possible Chip Smuggling

News Summary The U.S. Commerce Department is probing Chinese AI startup DeepSeek over allegations of smuggling U.S.-manufactured chips prohibited from…

3 weeks ago

OpenAI in Talks for $40 Billion Funding Round

News Summary OpenAI is in discussions to secure $40 billion in a new funding round, potentially boosting its valuation from…

3 weeks ago

US Economy Hits the Brakes with 2.3% Growth in Late 2024

News Summary As 2024 closes, the US economy shows a growth rate of 2.3%, down from 3.1% earlier in the…

3 weeks ago

Novartis Reports Strong Q4 Sales Growth

News Summary Novartis has demonstrated impressive financial performance in its fourth quarter, achieving a 16% increase in sales, totaling $13.2…

3 weeks ago

Apple Achieves Record Earnings Despite Slump in iPhone Sales

News Summary Apple has reported impressive fiscal first-quarter earnings for 2025 with a revenue of $124.3 billion, a 4% increase…

3 weeks ago

Tesla Launches Unsupervised Robotaxi Service in Austin

News Summary Tesla is set to launch its unsupervised ride-hailing robotaxi service in Austin, Texas this June, marking a major…

4 weeks ago