Author: i2wtc

Chairman & CEO Paramount David Ellison attends the UFC 324 event at T-Mobile Arena on January 24, 2026 in Las Vegas, Nevada. Jeff Bottari | Ufc | Getty ImagesIf there’s one thing that Paramount Skydance CEO David Ellison knows well, it’s an impossible mission.Ellison, producer of five of the “Mission: Impossible” films, has been trying to buy Warner Bros. Discovery for nearly six months. In September, he sent an initial, unsolicited offer to WBD, prompting the rival media company to explore a sale process that resulted in an agreement with Netflix to sell the famed Warner Bros. film studio and WBD’s…

Bloom Productions | Digitalvision | Getty ImagesFears over artificial intelligence are now hitting bond investors, according to the latest credit investors survey from Bank of America Global Research.An AI bubble is seen as the top risk for the first time, with investors expecting a surge in bond issuance from hyperscalers, the February poll found. Some 23% of those surveyed said it was their biggest concern, compared to 9% who said so in the firm’s December poll. Companies including Amazon, Google parent Alphabet and Meta have announced big spending plans as they scale out their AI capabilities. Investors of high-grade credit…

PM’s aide says Pakistan acted ‘decisively’; Recent terror surge termed war declaration by Taliban; Nation backs forcesA file photo of a check post on Pakistan-Afghanistan border. PHOTO: REUTERS ISLAMABAD: Security forces responded immediately to stop unprovoked firing by the Afghan Taliban along the international border on Tuesday amid intense friction between the two countries, according to the prime minister’s spokesperson. “The Afghan Taliban regime initiated unprovoked firing along the Pakistan-Afghanistan Border in Torkham and Tirah sub-sectors. Pakistan’s security forces responded immediately and effectively, silencing the Taliban aggression,” said Mosharraf Zaidi, who is Prime Minister Shehbaz Sharif’s spokesperson for foreign media.…

Rick Smith, CEO of Axon Enterprises.Adam Jeffery | CNBCAxon Enterprise’s stock surged more than 20% after the maker of Tasers, body cameras and drones topped Wall Street’s fourth-quarter estimates as artificial intelligence accelerated demand for its software productsThe company reported adjusted earnings of $2.15 per share on $797 million in revenue, surpassing the $1.60 per share and $755 million in revenue expected by analysts surveyed by LSEG. Axon also issued upbeat revenue guidance for 2026, calling for growth between 27% and 30%, compared to a 25.8% estimate.CEO Rick Smith said that since starting the company in 1993, AI has brought…

The China Coast Guard vessel Hebao lawfully expels a Philippine ship in the territorial waters of China’s Huangyan Dao, the South China Sea, Feb. 21, 2026. Several Philippine ships illegally gathered and entered China’s territorial waters near Huangyan Dao on Saturday. The ships were lawfully expelled by the formation of Chinese Coast Guard vessel Wanshan. (Xinhua)HUANGYAN DAO, South China Sea, Feb. 25 (Xinhua) — The China Coast Guard (CCG) on Saturday drove away Philippine vessels that illegally intruded into China’s territorial waters off Huangyan Dao in the South China Sea.Several Philippine vessels gathered and illegally entered the waters near Huangyan…

ISLAMABAD: After the bidders submitted 34% less than the minimum price set for selling 500,000 tons of old wheat, the government on Tuesday further reduced the price to clear the stocks that will cost the taxpayers Rs24 billion. Compared to Rs6,425 per 40kg price of the imported wheat, the Economic Coordination Committee (ECC) of the cabinet set the new price at mere Rs3,800 to off load the commodity in the market. The new price for the imported wheat is 41% less than the cost at which the government had imported it. Finance Minister Muhammad Aurangzeb chaired the ECC meeting. Earlier,…

The seal of the Central Intelligence Agency is shown at the entrance of the CIA headquarters in McLean, Virginia, U.S., September 24, 2022. Evelyn Hockstein | ReutersThe Central Intelligence Agency (CIA) has issued a rare call to Iranians to get in contact as potential informants, signaling a potential ramp-up of American efforts to gather military and civilian intelligence at a time of heightened tensions between the U.S. and Iran.The CIA issued a Farsi-language recruitment post on X, Instagram and YouTube on Tuesday, offering potential informants a way to contact the agency to share intelligence securely.”Hello. The Central Intelligence Agency (CIA)…

A Lowe’s store in Concord, California, US, on Monday, Nov. 17, 2025. David Paul Morris | Bloomberg | Getty ImagesLowe’s topped Wall Street’s quarterly revenue and earnings expectations on Wednesday, as the retailer’s sales grew more than 10% year over year.The home improvement company said it expects total sales for the full current fiscal year to range between $92 billion and $94 billion, which would be a roughly 7% to 9% increase over the prior year. It said it projects adjusted earnings per share to be between $12.25 and $12.75 for the full year. Lowe’s said it expects comparable sales, a metric…

Nvidia’s earnings on Wednesday are expected to show booming sales of the company’s current rack-scale system. But all eyes are on its next AI system, Vera Rubin, which is scheduled to roll out later this year.Vera Rubin, which is made up of 1.3 million components, will deliver 10 times more performance per watt than its predecessor, Grace Blackwell, the company claims. That’s a significant development when energy consumption is one of the most critical issues facing the artificial intelligence build-out. CNBC got an exclusive first look at Vera Rubin at Nvidia’s headquarters in Santa Clara, California.Nvidia says the new AI…

Ministers cite security concerns and operational considerations; PTI objects to ‘secrecy’ surrounding visitFederal Minister for Law and Justice Azam Nazeer Tarar addressing a press conference in Islamabad on March 28, 2024. PHOTO: PID ISLAMABAD: The government on Tuesday informed the Senate that PTI founder Imran Khan was taken to the Pakistan Institute of Medical Sciences (PIMS) for a follow-up medical examination, where a four-member board of specialist doctors conducted a detailed assessment and administered the prescribed second dose for his eye condition. Responding to points raised during the Senate session, Law Minister Azam Nazeer Tarar said the former prime minister…