US Politics & Business News
Sen. Thom Tillis (R-N.C.) is intensifying his calls for the removal of Defense Secretary Pete Hegseth, despite having voted to confirm him. Tillis delivered his sharpest remarks yet on Thursday, telling reporters, “He needs to go, whether it’s impeachment or the most expedient route — just the president to replace him — would be great.”…
InterDigital, Inc. (IDCC) has gained just 5.2% over the past year, a figure that looks weak against the broader industry’s growth of 24.7% over the same period. The underperformance is even more visible when compared with peers like AST SpaceMobile (ASTS) and Ericsson (ERIC), which gained 48.4% and 26.3% respectively during that stretch. However, the…
RTX Corp (RTX) posted impressive second-quarter 2026 results, with adjusted earnings per share of $1.89 and revenue of $24.71 billion, both well above analyst estimates. The aerospace and defense giant’s backlog surged 22% year-over-year to $289 billion, a figure that immediately grabbed the attention of investors and Wall Street analysts alike. That massive backlog is…
Despite bold rhetoric from BRICS leaders at their latest summit, experts say the bloc’s push to move away from the U.S. dollar faces enormous structural and political obstacles. BRICS leaders used the summit to assert the need for greater use of local currencies in intra-BRICS trade, driven by frustration over geopolitical tensions, U.S. sanctions, tariff…
The Senate’s failure to advance a landmark cryptocurrency bill has pushed the spotlight squarely onto President Donald Trump’s top Wall Street regulators. Securities and Exchange Commission Chair Paul Atkins and Commodity Futures Trading Commission Chair Michael Selig have spent months laying the groundwork for a sweeping regulatory push targeting the digital assets industry. The collapse…
D-Wave Quantum (QBTS) shares jumped 9.2% through 1 p.m. ET Thursday following an announcement about an upcoming quantum computing conference in Asia. The company revealed it will host the Qubits Asia 2026 Quantum Computing User Conference in Seoul on October 28, 2026. The single conference announcement was enough to send QBTS shares surging more than…
Travelers looking to fly home for the holidays this year face a familiar but urgent challenge: book early or pay significantly more as departure dates approach. Data from Google Flights shows that the lowest prices for Thanksgiving travel are typically found between 26 and 59 days before departure, with the sweet spot averaging around 52…
A new Politico poll reveals that Americans broadly recognize serious risks posed by frontier AI models, even as deep divisions remain over how to address them. The survey finds that many Americans, particularly voters who support President Donald Trump, prioritize maintaining a competitive lead over other countries, including China. The tension between national security concerns…
BizClik Media’s inaugural AI LIVE: The London Summit will bring together more than 2,000 global executives at Olympia London on 20-21 October 2026. The event, themed Technology + Human Purpose, will feature senior leaders from ThoughtSpot, Zalando (ZAL.DE), Capgemini Invent, Lundbeck and Lloyds Banking Group (LYG). Newly confirmed speakers will share practical insights on AI…
The Commerce Department has finalized $100 million CHIPS and Science Act grants each for D-Wave Quantum, Rigetti Computing, and Quantinuum, totaling $300 million in federal support. The three agreements, structured as research-and-development grants, are tied to project milestones and available appropriated funds, meaning payments are not guaranteed upfront. As part of the deal structure, the…