Elon Musk Unveils Prototype of Humanoid Robot Optimus, Says It Will Cost Less Than a Car

Elon Musk Unveils Prototype of Humanoid Robot Optimus, Says It Will Cost Less Than a Car

Mr. Musk first laid out the vision for the robot, called Optimus, a little more than a year ago at Tesla’s first-ever AI day. At the time, a dancer in a costume appeared onstage. This time, Mr. Musk presented a prototype at the gathering that unfolded late Friday in Palo Alto, Calif. The early prototype, … Read more

NSW dam levels reach 100 per cent capacity in many regions

NSW dam levels reach 100 per cent capacity in many regions

A third consecutive La Nina settling in to the east coast of Australia will almost certainly bring more rain to dams already filled to the brim. More than half of regional NSW’s state-owned dams are at or above capacity, and authorities say they they have not been this full since the 1990s. 100 per cent not what it seems Reaching … Read more

European Manufacturers Reel From Russian Gas Shutoff

European Manufacturers Reel From Russian Gas Shutoff

European industry thrived for decades on a steady supply of cheap Russian gas, which flowed uninterrupted throughout the Cold War and other times of tension between Moscow and the West. The impact has pushed Europe to the brink of recession and threatens to inflict lasting harm on its manufacturing businesses. Unlike the U.S., Europe leaned … Read more

European Manufacturers Reel From Russian Gas Shutoff

European Manufacturers Reel From Russian Gas Shutoff

European industry thrived for decades on a steady supply of cheap Russian gas, which flowed uninterrupted throughout the Cold War and other times of tension between Moscow and the West. The impact has pushed Europe to the brink of recession and threatens to inflict lasting harm on its manufacturing businesses. Unlike the U.S., Europe leaned … Read more

Bed Bath & Beyond Finance Chief Gustavo Arnal Found Dead

Bed Bath & Beyond Finance Chief Gustavo Arnal Found Dead

Bed Bath & Beyond Inc.’s BBBY -0.92% Chief Financial Officer Gustavo Arnal died by suicide Friday after jumping from a New York building. Mr. Arnal, 52 years old, died two days after he had briefed investors on the retailer’s plans to secure new financing, slash jobs and close about a fifth of its namesake stores. … Read more

Amazon to Shut Down Amazon Care Telehealth Unit

Amazon to Shut Down Amazon Care Telehealth Unit

Updated Aug. 24, 2022 7:41 pm ET Listen to article (2 minutes) Amazon Inc. is closing a telehealth service it built in-house for employees and businesses as the company looks to retool its healthcare offerings following the purchase last month of a line of primary care clinics. The technology giant Wednesday said it had decided … Read more

Intel Signs $30 Billion Funding Partnership With Brookfield to Finance Chip-Factory Expansion

Intel Signs  Billion Funding Partnership With Brookfield to Finance Chip-Factory Expansion

Intel has struck an unusual $30 billion funding partnership with Brookfield Asset Management to help finance its massive factory expansion ambitions, signaling some big investors are upbeat about the long-term demand for semiconductors. The agreement with the publicly traded Canadian asset-management firm is the first of what could be a series of such arrangements Intel … Read more

Port of Los Angeles Enjoying Record Year: Backlog gone and imports up 3.5%

Port of Los Angeles Enjoying Record Year: Backlog gone and imports up 3.5%

Port of Los Angeles Executive Director Gene Seroka is offering a simple message for shippers seeking capacity due to increased congestion at East Coast and Gulf ports: “Our terminals have capacity.” In a year-over-year comparison, July’s figures reflect a a growth rate of 184.7% for intermodal cargo and 35.8% for dry and refrigerated cargo,    … Read more

Ex-JPMorgan Traders Convicted in Federal Fraud Trial

Ex-JPMorgan Traders Convicted in Federal Fraud Trial

A federal jury in Chicago convicted two former traders of JPMorgan Chase & Co.’s precious metals desk who had been charged with manipulating gold prices, finding they used misleading orders to rig prices. The convictions are the capstone of a seven-year Justice Department campaign to punish a style of deceptive trading in futures markets known … Read more

Inside the Russian-Occupied Ukrainian City Living Under Threat of Nuclear Disaster

Inside the Russian-Occupied Ukrainian City Living Under Threat of Nuclear Disaster

Residents of Enerhodar, built for workers of Europe’s largest nuclear plant, describe an atmosphere of fear and anxiety as pitched battles for the plant risk a nuclear tragedy Enerhodar, with a prewar population of 53,000, has been under Russian occupation for more than five months. ALEXANDER ERMOCHENKO/REUTERS