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PepsiCo to cut about 1,000 North American jobs as it seeks to improve performance14:33 PepsiCo is reportedly eliminating roughly 1,000 North American jobs as it seeks to streamline operations following weaker beverage volumes and an earnings cut. Classic toy soldiers get an American-made revamp honoring real veterans12:24 The company is turning real veterans into American-made plastic figures designed to preserve their stories while producing the classic toy in the U.S. Honda recalls more than 635,000 vehicles over steering defect that increases crash risk3:17 Honda is recalling more than 635,000 vehicles after identifying a software defect that could cause drivers to lose power steering assistance, increasing the risk of a crash. Gas prices fall below $4 a gallon for first time since July23:33 AAA data shows the national average gas price dropped below $4 a gallon for the first time in months as winter blend fuel and lower demand ease costs. Short seller flagged Jensen Huang’s 'uncomfortably close' ties to alleged Chinese spy months ago21:57 Culper Research flagged Jensen Huang s "uncomfortably close relationship" with Alice Huang months before the Nvidia CEO disclosed the affair. Housing expert blasts 'absurd' California red tape keeping affordable homes out of reach20:52 Mitch Roschelle says California bureaucracy is hindering affordable housing development in Los Angeles despite laws allowing additional housing units, calling the ‘blue tape’ ‘absurd.’ Amazon's Ring launches flying security drones, patrol robots to guard homes, businesses20:20 Ring expands beyond fixed cameras with a new flying indoor drone and autonomous business robot built to patrol, investigate and eliminate blind spots. Trump admin pouring $480M loan into Gulf of America oil and gas project16:34 The U.S. Energy Department touted the financial close of a $480 million loan targeted at helping to boost oil and natural gas production in the Gulf of America. Anthropic targets valuation around $1T in blockbuster AI IPO, below initial expectation16:01 Anthropic s IPO targets up to $1.02 trillion, falling well short of the $1.5 trillion valuation previously discussed as Wall Street reassesses AI costs. Adobe, Google broaden AI partnership across creative and workplace apps15:28 Adobe Acrobat is coming to Google Drive and Gmail, while Google DeepMind s AI models will power new capabilities in Photoshop, Firefly and Premiere. Consumer inflation rises faster than expected in October, CPI report shows14:56 The Labor Department released the latest consumer price index data for October, which showed CPI inflation rose 0.4% on a monthly basis. California wealth tax on billionaires fails despite blue wave, in blow to progressives14:56 Governor Gavin Newsom urged voters to reject Proposition 40, citing its narrow spending focus, as California s billionaire wealth tax fell 52.8% to 47.2%. FDA orders new warning labels on Ozempic, Wegovy over rare risk of permanent vision loss10.listopadu The Food and Drug Administration now requires warning labels on Ozempic, Wegovy and other GLP-1 drugs over a rare eye condition tied to vision loss. Rewards platform Bilt announces 'next evolution' for American consumers, small businesses10.listopadu Bilt s new Neighborhood OS aims to help small businesses attract customers while expanding personalized rewards and loyalty benefits for consumers nationwide. More than 1.2M Ford vehicles under federal probe after safety feature causes severe burns, 10 injured10.listopadu Federal regulators are investigating more than 1.2 million Ford Explorers after reports that side airbags caused severe burns during crashes. |