Anthropic's IPO has outsized importance in the tech industry, which is heavily invested in the AI lab and is desperate for some positive momentum.
Anthropic’s IPO lands as the embattled AI trade looks for a much-needed bright spot
Source: CNBC
Original reporting
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CNBC
Rivian, Lucid, Scout CEOs aren’t counting on Democrats to restore EV federal support after midterm wins
EV makers have had to contend with flip-flopping regulatory support from Washington over the years.
CNBC
'We slept here.' Flight delays linger as airlines scramble to recover from ground stop
Flight disruptions lingered two days after the Federal Aviation Administration grounded departures nationwide for more than four hours.
The Guardian2 outlets
Bad jobs or benefits? Milburn should force employers to help the young | Richard Partington
This week’s long-awaited review will call for benefit cuts but lack of entry-level jobs is also driving the crisis ‘I’m scared about my future’: young people on the stress and desperation of jobseeking A generation is being sold short. Almost a million young people are not in education, employment or training (Neet). Austerity and the Covid pandemic cast a lengthy shadow, AI is upending the jobs market, and the cost of living is soaring – all under the microscope of the social media age. This week Alan Milburn’s landmark report on young people and work will bring Britain to a fork in the road: either continue on this path of state and market failure or sharply change direction. Continue reading...
The Guardian2 outlets
Is Burnham’s plan for a housing revolution anything more than a pipedream? | John Harris
Nearly 2 million children are housed in dire conditions, anxious families are living out of carrier bags. There’s little sign of the hope our PM promised Two days after the Christmas of 2024, Andy Burnham put up a post on X that linked to a piece about housing in the Guardian. The then mayor of Greater Manchester, who was beginning to find his voice as a frank critic of Keir Starmer’s new government, did not mess about: “The Government should make building hundreds of thousands of council homes its defining purpose,” he said. “No other policy, achievable within a parliament, would have greater social and economic benefits.” In his first Labour conference speech as party leader and prime minister, Burnham reprised much the same argument, promising “the biggest council housebuilding programme since the postwar era”. But by that point, he had also served notice that his commitment to a thor
The Guardian
‘Nobody else is going to save us’: the direct action group taking on the UK’s banks, bailiffs and water firms
Community union Acorn is helping people fight unfair bills, AI decision-making and housing injustices as cost of living crisis deepens Yasmin didn’t expect to find herself sitting across a negotiating table from executives at one of Britain’s biggest water companies. But her growing frustration with her water bills had led her to launch a national campaign. The 34-year-old single mother from Manchester had endured unexplained charges and a nine-month wait for a water meter. She went to the community union Acorn to propose a campaign that would in time force four large water companies into negotiations. United Utilities eventually apologised for its handling of her case and credited £250 to her account. Continue reading...
The Guardian2 outlets
Troubled Scottish steel supplier raises questions over Royal Navy contracts
Liberty Steel Dalzell plant in Motherwell with order for 34,000 tonnes of metal plate to build three warships has struggled to pay bills The Royal Navy is facing questions over whether three new warships will be built with British steel as its Scottish supplier faces deepening financial difficulties. Liberty Steel Dalzell, a plate mill in Motherwell, has struggled to pay its bills and workers in recent weeks, according to several people with knowledge of operations. Continue reading...