Bank of America says IBM is increasingly viewed as a leader in the quantum computing field due to its expanding presence and strategic investments. The company will receive $1 billion from a federal grant to establish Anderon, a subsidiary that will produce silicon wafers for quantum processors. The U.S. government has awarded IBM a total … Read more
Honeywell International has separated its aerospace division into a new, independent company called Honeywell Aerospace. The spinoff focuses on manufacturing products that fly, such as cooling airplane cabins and guiding NASA’s Artemis II mission past the moon. This move aims to give the aerospace business more control and flexibility. Source: https://www.wsj.com/business/honeywell-aerospace-ceo-says-ai-works-for-blueprints-but-isnt-ready-for-the-cockpit-bab9eb0e
The US Supreme Court has given President Donald Trump a legal boost in his efforts to remove top agency officials, but left the Federal Reserve’s independence intact. Two rulings on Monday blocked the removal of Federal Reserve Governor Lisa Cook from her post despite allegations against her. In contrast, Trump was allowed to oust officials … Read more
Elon Musk’s billionaire status took a hit after SpaceX’s stock tumbled for the fifth consecutive day. Just two weeks ago, Musk became the world’s first trillionaire when SpaceX went public with the biggest IPO in history. However, his net worth dropped to around $957 billion due to the company’s struggling performance. SpaceX’s valuation is largely … Read more
The Washington Times website temporarily displays this message to ensure users aren’t automated scripts, known as malicious bots, attempting to access its content. The security service helps protect the site from unwanted traffic and maintain user safety. Source: https://www.washingtontimes.com/news/2026/jun/28/nyc-mayor-zohran-mamdani-says-democratic-socialist-elected-us
Most people assume getting older means declining in health and abilities, but a study by Becca Levy and her colleagues found the opposite. The research, published in 2002, followed 660 adults in Ohio over 23 years and discovered that those with more positive self-perceptions of ageing lived significantly longer than those with negative views. In … Read more
IBM has spent a decade developing quantum computing technology in upstate New York. This year, the company is taking steps to turn it into a viable business, moving away from its current role as an expensive science project. Source: https://www.wsj.com/tech/ibm-getting-ready-to-scale-quantum-computing-b2418cd5
The US Supreme Court has rejected President Trump’s bid to fire Federal Reserve governor Lisa Cook without meaningful legal scrutiny. However, the court allowed him to fire officials at other independent agencies for any reason. In a 5-4 vote, the court ruled against Trump’s attempt to remake the Federal Reserve, which he criticized for not … Read more
A local community organization, Neighbors for a Better Pendleton, is urging the city of Pendleton to reject a proposed settlement in its lawsuit over its resting ordinance. The city aims to repeal and replace the ordinance to align with state laws, but the group believes this proposal goes beyond a simple update, committing the city … Read more
Aging doesn’t have to mean life gets worse. In fact, a new Yale University study found that almost half of older adults over 65 improve their mental sharpness and physical fitness. The key to this success? Feeling comfortable with aging. Researchers followed participants for 12 years and found that those who accepted their age were … Read more