Peter G. Neumann, Who Warned of Computer Security Risks, Dies at 93
For decades, he criticized the industry’s lax attitudes toward computer security and individual digital privacy. He also developed solutions. Source link
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‘Reduce China’s ability to stockpile discounted oil’: Trump admin extends sanctions waiver on Russian crude
With a sanctions waiver in place, India has in the last two months aggressively stepped up purchases of Russian crude oil. (AI image) In a U-turn on its earlier decision, the Donald Trump administration has extended the sanctions waiver on purchase of Russian crude oil at sea. The move comes two days after the earlier…
New York Times Sues Pentagon for a Second Time
The Times is challenging a new requirement that reporters covering the military complex have an official escort, part of a broader legal challenge to the Pentagon’s press restrictions. Source link
Elon Musk loses lawsuit against OpenAI
A federal court on Monday dismissed Elon Musk’s claims against OpenAI and its top executives, bringing an end to a closely watched legal battle over the company’s transformation from a nonprofit research lab into one of the world’s most valuable AI firms.The nine-person jury found that Musk waited too long to file his lawsuit and…
Bobby Darin Musical Reaches a Rare Broadway Milestone: Profit
“Just in Time,” which for a year starred Jonathan Groff, is the first new musical from last season to make money for investors. Source link
Big win for Gautam Adani as US Justice Department drops charges, closes securities and wire fraud case permanently
In a significant relief for Gautam Adani, the US Justice Department has withdrawn criminal charges and closed the securities and wire fraud against the billionaire businessman, according to a court filing cited by PTI.“The Department of Justice has reviewed this case and has decided, in its prosecutorial discretion, not to devote further resources to these…
Federal Prosecutors Move to Drop Bribery Case Against Indian Magnate
Gautam Adani had been accused of lying to American investors about payoffs in India. The end of the case came as President Trump has signaled a transactional approach to justice. Source link
How India’s LPG shortage & fuel export restrictions are raising gasoline prices in California
US-Iran conflict impact: The global energy shock triggered by the US-Israeli conflict with Iran is now rippling through economies far beyond the Middle East, exposing how deeply interconnected fuel supply chains have become. For example, in India, shortages of cooking gas are emerging, while in California, gasoline prices have surged to nearly $6 per gallon….
Edmund Phelps, Who Upended the Way We View Inflation, Dies at 92
He won a Nobel in 2006 for challenging the conventional wisdom among economists that higher inflation was a necessary price to pay for low unemployment. Source link
Wall Street turns mixed as Treasury yields ease and oil prices retreat
US stock indexes traded mixed on Monday as easing Treasury yields and lower oil prices helped calm some investor concerns after last week’s bond-market selloff, according to a Reuters report.The Dow Jones Industrial Average gained 139.25 points, or 0.28 per cent, to 49,665.42 in early trading. The S&P 500 edged up 3.27 points, or 0.04…