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Ukraine's message to Asian nations: your chips are turning up in Russian missiles
Source: CNBC
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CNBC
Intel, SK Hynix shares jump on report they're discussing U.S. memory chip manufacturing
The deal could be a big win for Intel which has been looking to gain marquee customers for its manufacturing, or foundry, business.
The Guardian
UK rents accelerate, as average London house price falls £19,000 below peak – business live
Soaring motor fuel costs have pushed UK inflation to a five-month high in August Full story: UK inflation rises to 3.1% as motor fuel prices jump by almost a quarter Worryingly, the cost of goods produced by UK factories rose at a faster rate in August too. Producer output prices – or the cost of goods at the ‘factory gate’ - rose by 3.7% in the year to August, up from 3.3% in July. “Rising crude oil and petrol prices increased both the annual cost of raw materials and the price of goods leaving factories respectively.” Continue reading...
The Guardian
The US government is failing Americans on AI | Shakeel Hashim
Trump and Republicans want companies to regulate themselves. It’s a dereliction of duty that will make AI less safe It is hard to get Sam Altman, Elon Musk and Dario Amodei to agree on much. But over the weekend, all three AI company CEOs called for AI development to slow down in the face of growing, alarming risks. Their employees are sounding the siren too, with one researcher publicly quitting and accusing OpenAI and Anthropic of “gambling with our lives”. The combination of dire warnings from insiders and growing real-world evidence of rogue AIs should, in a sane world, lead to government action. Instead, Donald Trump and the Republican leadership have their heads in the sand. Continue reading...
The Guardian
Trump’s $5,000 pledge to voters is a shameless bribe | Steven Greenhouse
Not only would the plan do vast economic damage – it assumes that Americans are easily bamboozled Whenever Donald Trump gives a speech, it’s filled with so many lies and self-serving exaggerations that when he does utter something true, I see that as a sort of marvel. That’s what happened nearly an hour into Trump’s marathon speech last Wednesday at the Republican midterm convention, when he declared: “Only I can make this promise to you.” Trump said that just before he made a promise that was so shameless and irresponsible that what he said was indeed true: only Donald Trump could make such a preposterous promise. Feeling very generous with other people’s money, Trump promised to give $5,000 to every American adult if Republicans retain control of the House and Senate in November. It certainly looked and smelled like a bribe. Steven Greenhouse is a journalist and author, focusing on lab
CNBC
Flyers are happier with U.S. airports, despite near record travel levels, J.D. Power report shows
Travelers gave higher ratings in part because of the newer gates and terminals many airports have opened in recent years, according to the study.
CNBC
Canada invited to become EU’s first ‘associate member’ as Trump trade war intensifies
EU chief Ursula von der Leyen said the bloc wants to open the door for Canada to become its first associate member, signaling a major deepening of ties.