US President Donald Trump has publicly criticized Goldman Sachs CEO David Solomon, saying the bank’s forecast that US tariffs would harm the economy was incorrect and questioning his leadership. In a post on Truth Social, Trump claimed foreign companies and governments are absorbing most of the tariff costs but stated Goldman Sachs refused to acknowledge … Read more
Apple has released watchOS 26, and our team at Engadget has been testing its features and performance on a Series 9 Apple Watch. While some updates might seem minor, they collectively improve the overall user experience. One of the standout features is Liquid Glass, which brings a semi-transparent effect to various interfaces like passwords, notifications, … Read more
Apollo 13 commander James ‘Jim’ Lovell, one of the last seven surviving astronauts from America’s early spaceflight program, has died on August 7th at age 97. A veteran of four spaceflights, Lovell flew in two Gemini missions and served on crews for Apollo 8 and Apollo 13. Lovel was proud of his accomplishments but considered … Read more
CoreWeave, an artificial intelligence data center provider, has posted wider-than-expected second-quarter losses despite beating revenue estimates. The company’s stock price sank 20% after the announcement. A lock-up period following its IPO is set to expire on Thursday, potentially adding volatility to shares. CoreWeave reported a loss of 27 cents per share, compared to analysts’ expectations … Read more
Canada’s federal government could have eased the standoff between Air Canada and its unionized flight attendants if they had addressed the issue of unpaid work, a union representative said. The Canadian Union of Public Employees (CUPE) gave Air Canada a 72-hour strike notice after negotiations over wages and ground duties stalled. CUPE represents around 10,000 … Read more
A Cincinnati judge has ordered former Kroger CEO Rodney McMullen to provide a written account of why he left the company in March, potentially exposing details about his abrupt departure. The move is related to a lawsuit involving singer Jewel and her business partner against Kroger over its annual Wellness Festival. Jewel’s lawyers claim that … Read more
The Swiss government has stated that companies cannot exploit a customs union with neighboring Liechtenstein to avoid US tariffs on Swiss goods. A 39% tariff imposed by the US does not apply to Liechtenstein due to its separate trade agreements, but this loophole has been closed. With Liechtenstein facing only 15% tariffs compared to Switzerland’s … Read more
Casual dining chains, once staples of American restaurants, are struggling to adapt to changing consumer tastes and preferences. CAVA, Cheesecake Factory, and Shake Shack, among others, are facing headwinds in the market. While the broader market continues to soar to all-time highs, casual dining has been left behind. This trend is attributed to shifting consumer … Read more
Typhoon Podul made landfall on southern Taiwan’s east coast on Tuesday, bringing heavy rain and prompting authorities to close schools and government offices in the affected areas. Despite its expected impact on agriculture, no major damage was reported. The storm crossed the island at approximately 36 kilometers per hour, with its center located just off … Read more
Tesla is hiring a test driver to gather data on its Autopilot technology in New York City. The job listing suggests the company may expand into ride-hailing services, using autonomous vehicles. The prototype vehicle will be driven for up to eight hours a day by someone familiar with autonomous driving systems. The hourly rate could … Read more