Browsed by
Author: dzadmin

Bubble fears ease but investors still waiting for AI to live up to its promise

Bubble fears ease but investors still waiting for AI to live up to its promise

By MICHAEL LIEDTKE

Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia that illustrated why its indispensable chips transformed it into the world’s most valuable company.

Related Articles

But that doesn’t mean the specter of an AI bubble won’t return in the months and years ahead as Big Tech gears up to spend trillions of dollars more on a technology the industry’s leaders believe will determine the winners and losers during the next wave of innovation.

For now, at least, Nvidia has eased worries that the AI craze propelling the stock market and much of the economy for the past year is on the verge of a massive collapse. read more

Cracker Barrel shareholders vote to keep CEO despite logo debacle

Cracker Barrel shareholders vote to keep CEO despite logo debacle

By DEE-ANN DURBIN, Associated Press

Cracker Barrel shareholders voted Thursday to keep company CEO Julie Felss Masino in place despite a debacle over the company’s logo that continues to hurt its sales.

But one of the company’s directors, Gilbert Davila, resigned from Cracker Barrel’s board Thursday after preliminary results indicated that shareholders rejected his reelection.

Davila, who joined Cracker Barrel’s board in 2020, is the president and CEO of DMI Consulting, a multicultural marketing firm. He reviewed Cracker Barrel’s advertising as part of his role on the board. Two influential shareholder advisory firms, Institutional Shareholder Services and Glass Lewis, had recommended against Davila’s reelection ahead of the vote.

Sardar Biglari, a longtime Cracker Barrel shareholder and activist investor, was among those pressing for the ouster of Masino and Davila. Biglari is the chairman and CEO of Biglari Holdings Inc., a San Antonio, Texas-based company that owns Steak ‘n Shake. He also owns 3% of Cracker Barrel’s shares. read more

SpaceX launch marks 100th mission from Space Coast in 2025

SpaceX launch marks 100th mission from Space Coast in 2025

The Space Coast only had to wait two days, three hours and twenty-six minutes between rocket launches as SpaceX knocked out the 100th orbital liftoff of the year on Thursday night.

A SpaceX Falcon 9 lifted off at 10:38 p.m. from Kennedy Space Center’s Launch Pad 39-A on the Starlink 6-78 mission carrying 29 satellites for SpaceX’s growing constellation.

Mission No. 99 came Tuesday evening from neighboring Cape Canaveral Space Force Station.

This marked the 23rd flight of the first-stage booster, with a recovery landing downrange on the droneship Just Read the Instructions stationed in the Atlantic.

Today, SLD 45 is scheduled to support the 100th orbital launch of 2025.

Tonight’s launch window is from 10pm Thursday 20 Nov until 2am Friday 21 Nov. Stayed tuned as SLD 45 pushes to #100andBeyond. @USSpaceForce | @USSF_SSC pic.twitter.com/Y3z1SuLTR9

— Space Launch Delta 45 (@SLDelta45) November 20, 2025 read more

Vance says Americans need patience on prices but says ‘We hear you’ on affordability concerns

Vance says Americans need patience on prices but says ‘We hear you’ on affordability concerns

By MICHELLE L. PRICE, Associated Press

WASHINGTON (AP) — While President Donald Trump has struggled to settle on a way to address Americans’ concerns about high costs, Vice President JD Vance on Thursday offered a more direct and empathetic message, saying, “We hear you” and “there’s a lot more work to do.”

But the American people need to have “a little bit of patience,” Vance said in remarks at an event hosted by Breitbart News.

The vice president’s remarks come as the White House grapples with how to speak to voters about the cost of living, an issue that emerged as a vulnerability for Republicans in this month’s off-year elections in New Jersey and Virginia gubernatorial races.

Vance said the Trump administration has “made incredible progress” in tackling cost-of-living concerns as they worked to undo policies from former President Joe Biden.

“As much progress as we’ve made, it’s going to take a little bit of time for every American to feel that economic boom, which we really do believe is coming. We believe that we’re on the front end of it,” Vance said. read more

Regulators approve FPL rate settlement, but opponents expect to keep fighting plan

Regulators approve FPL rate settlement, but opponents expect to keep fighting plan

TALLAHASSEE — State regulators Thursday approved a rate settlement that will lead to Florida Power & Light customers paying billions of additional dollars in the coming years, though opponents said they expect to fight the plan at the Florida Supreme Court.

The state Public Service Commission signed off on the four-year settlement, which FPL reached with numerous businesses and groups.

The settlement is expected to lead to base-rate increases of $945 million in 2026 and $705 million in 2027. FPL also would collect additional amounts in 2028 and 2029 for solar-energy and battery-storage projects.

The settlement involves myriad financial and technical issues, and some members of the commission said they had what Commissioner Andrew Fay described as “heartburn” about parts of it. But they said they supported the overall agreement.

Commissioner Gary Clark spoke most strongly in favor of the settlement, saying he thinks it is a “balanced resolution” of the rate case and is in the public interest. read more