Articles

Sutter promised a $1 billion new hospital in the East Bay. Now, it’s pulling the plug

An overview of Sutter Health Alta Bates Summit medical center in 2016.

Treasury Department announces new Series I bond rate of 5.51% for the next six months

The U.S. Department of the Treasury has announced new Series I bond rates through April 2027.

US tech stocks tumble as earnings stoke AI spending fears

Intel’s shares on track to plunge by the most since 1974 after chipmaker’s results spook investors

Opinion

Bruce Feirstein is a journalist and screenwriter who lives in Los Angeles.

A 3.4% GDP Print Hides a ‘Haunted’ Housing Market and a September Stall

The U.S. economy grew at a 3.4% annualized pace in the third quarter, the Bureau of Economic Analysis said Thursday, up from 2.2% in the second quarter and above the 3.2% median forecast. Consumer spending rose 3.8%, and Goldman Sachs economists called the makeup of the quarter “strong.”

Unleashed: IFS CEO Mark Moffat on Industrial AI Strategy

At Unleashed, IFS CEO Mark Moffat spoke to Bizclik about customer-first industrial AI, dynamic competition and unlocking operations' hidden 40% potential

Cursor says around 5,000 people may have installed a malicious Claude Code extension.

The SpaceX-owned AI coding tool says the modified version of Claude Code appeared on its extension marketplace from 5:27AM ET and 4:35PM ET on Thursday. The extension contains malicious code that collects various information, including hostname, username, operating system, home directory path, public IP address, and more.

Gemini Live might get an “offline mode” on Android.

Android Authority spotted code in a beta version of the Android Google app (v17.71.17) referencing the new mode, with the tagline, “Use Gemini Live without an internet connection.” They say the code doesn’t hint at how the local-only Gemini Live mode would work, though, or whether it would support camera and screen-sharing features.

Binance Halts Withdrawals After Record $6.3 Billion Heist

World's largest crypto exchange says an engineer's laptop was compromised in major security breach

Big Tech bonds, not stocks, offer more opportunity right now, says Bank of America

Tech bond yields have jumped because of concerns over mounting debt. Bank of America's Michael Hartnett sees an opportunity.

'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack

Binance co-founder Changpeng Zhao asked Elon Musk to stop “trolling” after a $6.3 billion hack, pointing to Binance’s $1 billion-plus SpaceX stake.

Apple has acquired AI data engineering startup Ascend.io.

As part of the acquisition, which was disclosed under the EU’s Digital Markets Act, Apple will “make employment offers to and hire certain employees” at Ascend.io, a startup that specializes in agentic data engineering. An update on Ascend.io’s website says the startup is “winding down operations as we prepare for our next great adventure.”