News Summary Costco is raising wages for its non-union employees, increasing hourly wages by $1 for top-tier employees and $0.50 for entry-level employees. This move
News Summary DeepSeek, a newcomer in artificial intelligence, has rapidly risen to prominence by introducing its R1 model, which outperformed ChatGPT while incurring significantly lower
News Summary Jeff Lyash, the CEO of the Tennessee Valley Authority (TVA), has announced his retirement plans effective by September 2024. With nearly six years
News Summary Costco has announced a pay raise for its non-union employees, just before union workers were set to vote on a strike. The increase
News Summary OpenAI has announced the upcoming release of its new model, o3-mini, set to launch on January 31, 2025. This compact version promises advanced
News Summary On January 30, 2025, the FDA approved Suzetrigine, a groundbreaking non-opioid pain reliever marketed as Journavx. This innovative medication offers a new approach
News Summary The U.S. Commerce Department is probing Chinese AI startup DeepSeek over allegations of smuggling U.S.-manufactured chips prohibited from shipment to China. This comes
News Summary OpenAI is in discussions to secure $40 billion in a new funding round, potentially boosting its valuation from $157 billion to $340 billion.
News Summary As 2024 closes, the US economy shows a growth rate of 2.3%, down from 3.1% earlier in the year. Factors include declines in
News Summary Novartis has demonstrated impressive financial performance in its fourth quarter, achieving a 16% increase in sales, totaling $13.2 billion. This growth surpassed analysts’
