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High Point University has fueled its enrollment growth and financial stability by catering to a wealthier student body as universities nationwide battle to pad their balance sheets wsj.com/us-news/educat…… Expensive, but in some ways a better model than most colleges
Six months into Donald Trump’s trade war, the resilience of Chinese exports is proving just how essential many of its products remain even after US tariffs of 55% bloomberg.com/news/articles/… The tariffs are having an impact; sadly, not a good impact. Transshipments are up a lot.
The EU is working on trade options to counter China’s planned export controls on critical raw materials should the bloc fail to reach a diplomatic solution with Beijing bloomberg.com/news/articles/… EU & US are playing with weak hands
GE Vernova expects an increasing amount of its gas turbines to be snapped up by big tech firms building data centers bloomberg.com/news/articles/… You can order turbines for delivery in 2029. If you beg, you might be able to get a transformer delivered in 2027.
European nations are working with Ukraine on a 12-point proposal to end Russia’s war along current battle lines bloomberg.com/news/articles/… It's a long shot, but worth a try. Sadly, Russia picks up land from Ukraine, but Putin's nation paid a very high cost to get it.
Cohere CEO Aidan Gomez said the AI startup hopes to make its public market debut “soon,” in what would be one of the first IPOs from an AI model maker bloomberg.com/news/articles/… If it does go public, it will give us an interesting data point for valuation purposes.
A growing group of critics say we’re in an AI bubble. Is it true? If so, how would we know? bloomberg.com/news/articles/… Revenue from end-users must increase dramatically to justify the capex. The deals between AI-related companies produce no net revenue for the industry as a whole
bloomberg.com
‘I Believe It’s a Bubble’: What Some Smart People Are Saying About AI
A growing group of critics say we’re in an artificial intelligence bubble. Is it true? If so, how would we know?
Global investors who poured billions into China’s property market are now staring at steep losses and fears of a "lost decade" bloomberg.com/news/features/… Foreigners bought high, and are selling lower, fearing that prices might go lower skill.
Dan Neil has seen the future of privately owned, solo-piloted aircraft, and its name is the Pivotal BlackFly. wsj.com/lifestyle/cars… Range of 20 minutes. Max speed 55 knots (63 mph). Relatively unregulated at present.
A policy meant to empower poorer Black South Africans has instead enriched elites connected to the ruling African National Congress, critics say, as support for the party dwindles wsj.com/world/africa/c… Crony corruption replaces Apartheid. Poor blacks less well-off.
Stolen Louvre treasures are uninsured, France says ft.com/content/e8fb09…… It is very difficult or prohibitably expensive to insure unique items
Some Amazon delivery contractors say they’re ready to quit amid dwindling profits related to rising costs and the company’s performance metrics that determine how much they can earn. bloomberg.com/news/articles/… $AMZN does not pay enough.
Small businesses challenging many of Trump’s global tariffs urged the US Supreme Court to affirm lower court rulings that the import levies amount to a massive illegal tax on American companies bloomberg.com/news/articles/… "Regulating importation" does not mean tariffs but embargoes
Ted Cruz said that GOP must take seriously the surge of political energy across the country after millions of people turned out for “No Kings” protests over the weekend opposing President Trump’s agenda bloomberg.com/news/articles/… Unlikely that Dems win Senate; likely they win House
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