Author: i2wtc

Department of Homeland Security Secretary Kristi Noem speaks during a press conference at a federal office building on October 20, 2025 in Bradenton, Florida. Octavio Jones | Getty ImagesRead more CNBC politics coverage”We are delighted to see the media is highlighting the Trump administration’s cost-effective and innovative ways of delivering on the American people’s mandate for mass deportations of criminal illegal aliens,” DHS spokeswoman Tricia McLaughlin said in a statement to CNBC when asked about the Post’s article.”This new initiative will save $279 million in taxpayer dollars by allowing ICE to operate more effectively, including by using more efficient flight patterns, McLaughlin…

Pakistan Peoples Party leaders voiced strong dissatisfaction on Wednesday over the conduct of National Assembly proceedings, accusing the acting speaker of repeatedly adjourning the session despite a quorum being present. PPP MNA Aseefa Bhutto Zardari said the repeated adjournments made a mockery of the parliamentary system. “It is being said that the speaker was instructed to postpone the session so that my attention notice could not be presented,” she said, calling the move ” petty and low political maneuver”. She issued a statement expressing deep disappointment over the conduct of the acting Speaker. During the question hour, MNA Nabeel Gabol raised concerns about the Benazir…

U.S. Trade Representative Jamieson Greer testifies before the Commerce, Justice, Science, and Related Agencies Subcommittee in the Dirksen Senate Office Building on Capitol Hill on Dec. 9, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesThe Swiss government said on Wednesday that a previously announced agreement to reduce U.S. tariffs on that country’s imports to a ceiling of 15% will apply retroactively to Nov. 14.The deal reached last month slashed the 39% tariff on imports from Switzerland that President Donald Trump imposed in August.The Swiss Federal Department of Economic Affairs, Education and Research said Wednesday that both countries can claim…

A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | ReutersSouthwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight over premium travelers.”I think lounges would be a huge, next benefit for our customers,” Jordan said in an interview. “And you [would] have a lounge network that allows you to offer that premium credit card that provides lounge access.”Southwest is discussing airport leases and lounge possibilities, along with its credit card…

PM’s coordinator for K-P says clear line has now been drawn between ‘love for Pakistan’ and ‘love for Imran’Prime Minister’s Coordinator for Information and Khyber-Pakhtunkhwa Affairs Ikhtiyar Wali Khan addresses a press conference in Islamabad on Wednesday, Dec 10, 2025. SCREENGRAB Prime Minister’s Coordinator for Information and Khyber-Pakhtunkhwa Affairs Ikhtiyar Wali Khan said the government has shut all avenues of dialogue with the Pakistan Tehreek-e-Insaf (PTI) founder, warning that authorities are now “seriously considering” shifting Imran Khan from Adiala Jail. Speaking at a news conference in Islamabad, he accused PTI of pursuing a strategy designed to destabilise the country, saying…

Larry Ellison, Oracle’s co-founder and chief technology officer, appears at the Formula One British Grand Prix in Towcester, U.K., on July 6, 2025.Jay Hirano | Sopa Images | Lightrocket | Getty ImagesOracle is scheduled to report fiscal second-quarter results after market close on Wednesday.Here’s what analysts are expecting, according to LSEG:Earnings per share: $1.64 adjustedRevenue: $16.21 billionWall Street expects revenue to increase 15% in the quarter that ended Nov. 30, from $14.1 billion a year earlier. Analysts polled by StreetAccount are looking for $7.92 billion in cloud revenue and $6.06 billion from software.The report lands at a critical moment for…

Thrive Market headquarters at Fast Company Creativity Counter-Conference in Los Angeles.Araya Doheny | Getty ImagesThrive Market is officially going dry.The online health and grocery marketplace will become the first major online grocer to remove all alcohol products when it takes them off its subscription service. The company plans to replace the category entirely with a lineup of over 20 brands and 100 products spanning nonalcoholic beer, wine and mocktails.”It’s time to really double down on nonalcohol and take a stand that is aligned with where science and where we think attitudes among health and wellness consumers is shifting,” Thrive CEO…

Investors are betting there’s room for another startup using artificial intelligence to help software engineers write code faster. The difference with Kilo Code is it counts former GitLab CEO Sid Sijbrandij among its founders.On Wednesday, Kilo Code announced $8 million in seed funding, with backing from Breakers, Cota Capital, General Catalyst, Quiet Capital and Tokyo Black.Sijbrandij is a self-taught developer who helped popularize GitLab’s tools for source code collaboration, deployment and testing. GitLab went public in 2021 and is valued at more than $6 billion. Sijbrandij stepped down as CEO last year to focus on cancer treatment but continued as…

The NA panel instructed the FBR to carry out an analysis of the existing taxes and their impact on the use of smartphones. It was asked to submit a report by mid-March and incorporate changes in the next budget. Photo: file ISLAMABAD: Mobile phone users pay over 55% of the price of a handset in taxes, which is exorbitant, reflects the narrow-mindedness of policymakers and requires urgent reduction in levies to promote digitisation, revealed proceedings of a parliamentary committee meeting. The National Assembly Standing Committee on Finance on Tuesday described heavy taxes on mobile handsets as irrational and narrow thinking…

The Starcloud-1 satellite is launched into space from a SpaceX rocket on November 2, 2025.Courtesy: SpaceX | StarcloudNvidia-backed startup Starcloud trained an artificial intelligence model from space for the first time, signaling a new era for orbital data centers that could alleviate Earth’s escalating digital infrastructure crisis. Last month, the Washington-based company launched a satellite with an Nvidia H100 graphics processing unit, sending a chip into outer space that’s 100 times more powerful than any GPU compute that has been in space before. Now, the company’s Starcloud-1 satellite is running and querying responses from Gemma, an open large language model…