- Yahoo Finance
Nvidia's blowout earnings highlight a challenge in the AI age
Data centers running AI models require more energy. Where will it all come from?
- Associated Press
US will announce $275 million more in artillery and ammunition for Ukraine, officials say
The United States is expected to announce an additional $275 million in military aid for Ukraine on Friday as Kyiv struggles to hold off advances by Russian troops in the Kharkiv region, two U.S. officials say. This will be the fourth installment of military aid for Ukraine since Congress passed a long-delayed foreign aid bill late last month and comes as the Niden administration has pledged to keep weapons flowing regularly and to get them to the front lines as quickly as possible. It follows a monthly gathering Monday of about 50 defense leaders from Europe and elsewhere who meet regularly to coordinate getting more military aid to Ukraine.
- Reuters
Biden overtime pay rule challenged by US business groups
A coalition of U.S. business groups has filed a lawsuit seeking to block a Biden administration rule that would extend mandatory overtime pay to 4 million workers, saying it goes too far. The groups filed a complaint in Sherman, Texas federal court late on Wednesday claiming the U.S. Department of Labor lacked the power to adopt the rule and that it would force businesses to cut jobs and limit workers' hours. The Sherman court has two judges, one of whom in 2017 struck down a similar rule adopted by the Obama administration.
