Palantir CEO Alex Karp said his company is in an artificial intelligence arms race with its competitors, after reaching a deal with Lumen Technologies.
Meta announced job cuts affecting 600 employees across AI research divisions, although the company expects most workers to find new internal roles.
President Donald Trump said trade negotiations with Canada have been terminated over an advertisement featuring former President Ronald Reagan speaking out against tariffs.
Major U.S. airports, including Reagan National, Newark and LaGuardia face ground stops or delays due to air traffic controller staffing shortages during government shutdown.
The average rate on the 30-year fixed mortgage fell this week to 6.19%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.27%.
The Trump administration denied it was in talks to take equity stakes in U.S. quantum firms, contradicting a Wall Street Journal report citing unnamed sources.
Microsoft CEO Satya Nadella and other top executives saw dramatic pay increases in fiscal year 2025, with Nadella's compensation reaching about $96.5 million.
