Billionaire Tax Meant to Fund Healthcare Divides California Democrats and Labor Allies
California voters will decide in November whether to approve Proposition 40, a one-time 5% tax on roughly 200 billionaires, a measure backers say is needed to offset Trump-era cuts to the state’s healthcare system. But instead of uniting progressive forces around a classic “tax the rich” message, the proposal has split Democratic allies, labor unions, […]
Apple Commits $30 Billion to Broadcom in Major Push for U.S.-Made Chips
Apple has struck a multiyear agreement to spend more than $30 billion on U.S.-made chips from Broadcom, marking one of the company’s biggest domestic manufacturing commitments and one of the largest deals ever announced under Apple’s American manufacturing push. The agreement is part of Apple’s broader $600 billion U.S. investment pledge, with the chip deal […]
Oil Jumps and Global Stocks Slide as Trump Casts Doubt on Iran Ceasefire
Global markets turned sharply uneasy after President Donald Trump cast doubt on the temporary truce in the war with Iran, sending oil prices higher and stock indexes lower as investors recalculated the risk of a wider conflict and renewed inflation pressure. The move came after Trump said the ceasefire was “over,” though he later softened […]
Microsoft Cuts 4,800 Jobs as Xbox Undergoes Painful Reset
Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, in a major downsizing that hits its gaming business especially hard and signals a deeper strategic reset inside Xbox. The cuts include about 1,600 Xbox employees immediately, with another 1,600 job cuts expected later this fiscal year as Microsoft reorganizes its gaming division to […]
NASA Rover Finds Complex Organic Carbon in Ancient Martian Lakebed
NASA’s Perseverance rover has given scientists a closer look at organic carbon in ancient Martian rocks, offering new evidence that Mars once had some of the chemical ingredients and environmental conditions that could have supported life. Researchers analyzed organic carbon found in sedimentary rock inside Jezero Crater, a site believed to have once held a […]
CISA Turns to Anthropic’s Mythos to Hunt Bugs in U.S. Government Code
The U.S. government is increasingly turning to advanced artificial intelligence not just for productivity or analysis, but for core cybersecurity work. The Cybersecurity and Infrastructure Security Agency, or CISA, is using Anthropic’s AI model Mythos to scan government software repositories for vulnerabilities that could be exploited by foreign intelligence services or cybercriminals. According to three […]
JetZero’s Radical Blended-Wing Jet Takes Aim at Airbus and Boeing
JetZero, a California startup working out of the Mojave Desert, is trying to do something few aviation newcomers seriously attempt: break into the commercial jet market dominated by Airbus and Boeing. The company is building a full-size demonstrator of a blended-wing-body aircraft, a design in which the fuselage and wings merge into one lifting surface […]
America’s Housing Crisis Was Built Into the Suburbs — and the Next 50 Years Must Undo It
America’s housing crisis is not a temporary market failure but the product of an old development model that no longer fits how Americans live. The central claim is that the United States built its housing system for a 20th-century world of rapid population growth, large families, car-centered suburbia, and rigid separation between homes and commerce. […]
Trump Targets Hospital Drug Markups With New Medicare Rule Promising $1.1 Billion in Savings
The Trump administration is proposing a new Medicare rule aimed at stopping hospitals from charging large markups on discounted prescription drugs, a move the White House says could save patients $1.1 billion next year. The proposal would change how hospitals are reimbursed for certain medicines purchased through the federal 340B drug discount program, which is […]
Three Firefighters Killed in Colorado Blaze Highlight the Deadly Risks of Last-Resort Fire Shelters
A wildfire along the Colorado-Utah border that killed three firefighters has become one of the deadliest U.S. fire incidents since the Yarnell Hill Fire in Arizona in 2013, drawing painful comparisons to one of the most devastating tragedies in modern wildland firefighting. Three firefighters died west of Grand Junction, Colorado, where the blaze also injured […]
