Columbus, OH

Second-quarter revenue jumped 27% year over year, breezing by the 22% Wall Street expectation. Adjusted earnings per share (EPS) surged 80%, surpassing the 60% analyst consensus estimate. Third-quarter revenue guidance also exceeded Wall Street's projection, and management raised its full-year 2024 outlook. The software company, originally focused on the U.S....

Palantir Stock Soars as "Unbridled Demand" for Artificial Intelligence (AI) Software Drives Strong Q2 and Annual Guidance Raise

Georgia State

Cartersville, GA

The US Department of Energy (DOE) has issued a US$1.45 billion loan to Korean-owned solar manufacturer Hanwha Qcells to support its vertically integrated manufacturing facility in Cartersville, Georgia. The Loan Programs Office (LPO) of the DOE announced the conditional loan guarantee yesterday, to be delivered through its Title 17 Clean...

DOE backs Qcells with US$1.45 billion loan for Georgia manufacturing hub

Shares of Ola Electric surged 20% in their market debut Friday, valuing the Indian electric vehicle startup at around $4.8 billion. Ola Electric priced its shares at 76 rupees (91 cents) raising the company more than $730 million via the initial public offering in Mumbai. The company makes electric scooters...

SoftBank-backed Indian EV startup Ola Electric pops 20% on debut valuing firm at $4.8 billion

Defense News

The California-based defense technology company announced it will build its first 'Arsenal' manufacturing facility in the United States.

Anduril to open software-based manufacturing hub to scale production

Palantir shares jumped 11% Thursday after the company announced a partnership with Microsoft. The companies will sell secure cloud, analytics and artificial intelligence capabilities to the U.S. defense and intelligence communities. Palantir generated 54% of its revenue from government clients during the second quarter. to sell secure cloud, analytics and...

Palantir jumps 11% on Microsoft partnership to sell AI to U.S. defense, intel agencies

Fox Business

Boeing's new chief executive, Kelly Ortberg, addressed employees in a message Thursday as he took the helm, telling them, "we clearly have a lot of work to do in restoring trust."

New Boeing CEO focused on restoring trust: 'We clearly have a lot of work to do'

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Philadelphia, PA

Run by Danae Mobley, Coded By Kids is a nonprofit organization based in Philadelphia that trains teenagers to become IT industry leaders, whether they are in the C-suite or leading their startups. The organization was started in 2014 by Danae’s husband, Sylvester Mobley. She was most recently elevated to the...

Meet the CEO making it possible for Black youth to own multimillion-dollar tech startups

Jessica Jackson was afraid of heights when she first started her job as a wind turbine service technician — now, she spends most of her days working 300 feet in the air. Jackson, 37, is a technician at Vestas, a wind turbine manufacturer, in Bee County, Texas, and earns $73,000 per year.

37-year-old mom earns $73,000 in one of the most in-demand jobs in the world—and it doesn't require a degree: 'I love what I do'

South Carolina State

Seattle, WA

Business Insider

Kelly Ortberg has chosen to be based in Seattle, Boeing's manufacturing hub and historic home, The Seattle Times and Reuters reported.

Boeing's new CEO already seems to have given a major indication of where his priorities lie

The firm was at one time among the largest solar manufacturers in the country. Its descent into bankruptcy came after plenty of warning signs. SunPower, a Silicon Valley solar pioneer, filed for bankruptcy in Delaware yesterday, marking the collapse of a onetime icon of American solar. The company will sell...

SunPower, a solar icon once valued in the billions, files for bankruptcy

The musician and mogul's firm Marcy Venture Partners may be undergoing a merger with Pendulum Holdings, a firm co-founded by Barack Obama's former financial advisor. Jay-z is reportedly making major waves in the venture capital space. The music legend and mogul’s venture capital firm, Marcy Venture Partner may be laying...

Jay-Z's Venture Capital Firm Is Reportedly Laying Plans To Deploy A Merger That Could Be Valued At $1B

Boeing has named Robert “Kelly” Ortberg as its new President and CEO, starting Aug. 8, 2024. Ortberg succeeds Dave Calhoun, who is retiring after leading the company since January 2020. Ortberg is a respected aerospace veteran with over 35 years of experience, and he will also join Boeing’s Board of Directors. He is recognized for his leadership roles, including serving as CEO of Rockwell Collins and overseeing its integration with United Technologies.

New CEO Promises To Restore Boeing’s Public Image

Missouri State

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CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

Florida State

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Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Oregon State

ESS has become the first energy storage manufacturer to be supported by the Make More in America Initiative of the Export-Import Bank of the United States (EXIM) with the recent approval of a $50 million financing package. The company will use the proceeds from the deal to expand production of the company’s proprietary iron flow battery (IFB) modules.

ESS celebrates $50 million manufacturing expansion at Oregon HQ

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

JPMorgan Chase has rolled out a generative AI assistant to tens of thousands of its employees, the initial phase of a broader plan to inject the technology throughout the bank. The program, called LLM Suite, is already helping more than 60,000 employees with tasks like writing emails and reports. The...

JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

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The Independent

 The federal government is making its first loan to a crystalline silicon solar plant, loaning $1.45 billion to support a South Korean company's bid to build up key parts of the solar supply chain inside the United States.The loan from the U.S. Energy Department, announced Thursday, will be key to funding a $2.2 billion complex that Qcells, a unit of South Korea’s Hanwha Group, is building. The company plans to take polysilicon refined in Washington state and make ingots, wafers and solar cells — the building blocks of finished solar modules — in Cartersville, Georgia, northwest of Atlanta.President Joe...

US government will loan $1.45 billion to help a South Korean firm build a solar plant in Georgia

NewsBreak

Defense tech start-up Anduril Industries raises $1.5 billion, now valued at $14 billion

Anduril Industries has closed a $1.5 billion Series F round, valuing the defense technology company at $14 billion. The three-time CNBC Disruptor 50 company will use...

Defense tech start-up Anduril Industries raises $1.5 billion, now valued at $14 billion

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