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BizToc
@biztoc.com
· Jun 19
BizToc
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Microsoft Pledges To Cover Data Center Power Costs, Reject Tax Breaks — Microsoft said it will change its data-center strategy by agreeing to pay local power costs and forgo tax incentives as communities and politicians push back over AI facilities' energy use. The shift signals Big…
Microsoft Pledges To Cover Data Center Power Costs, Reject Tax Breaks
www.geekwire.com
January 13, 2026 at 2:02 PM
Microsoft Pledges To Cover Data Center Power Costs, Reject Tax Breaks — Microsoft said it will change its data-center strategy by agreeing to pay local power costs and forgo tax incentives as communities and politicians push back over AI facilities' energy use. The shift signals Big…
Iran Protests: Government Acknowledges About 2,000 Dead; US Orders Citizens To Leave — Iran has for the first time acknowledged a staggering death toll of roughly 2,000 in two weeks of nationwide unrest, and officials have warned US citizens to evacuate. The admission escalates…
Iran Protests: Government Acknowledges About 2,000 Dead; US Orders Citizens To Leave
www.newsweek.com
January 13, 2026 at 1:03 PM
Iran Protests: Government Acknowledges About 2,000 Dead; US Orders Citizens To Leave — Iran has for the first time acknowledged a staggering death toll of roughly 2,000 in two weeks of nationwide unrest, and officials have warned US citizens to evacuate. The admission escalates…
Allegiant To Acquire Sun Country In $1.5B Merger — Allegiant Airlines announced a plan to merge with Sun Country Airlines in a $1.5 billion deal to create a leading U.S. leisure carrier. The transaction is designed to expand route networks and capture cost synergies as demand for leisure…
Allegiant To Acquire Sun Country In $1.5B Merger
www.kare11.com
January 13, 2026 at 12:02 PM
Allegiant To Acquire Sun Country In $1.5B Merger — Allegiant Airlines announced a plan to merge with Sun Country Airlines in a $1.5 billion deal to create a leading U.S. leisure carrier. The transaction is designed to expand route networks and capture cost synergies as demand for leisure…
Global Central Bank Chiefs Stand With Fed Chair Powell — Leaders of major central banks issued a coordinated statement expressing full solidarity with Federal Reserve Chair Jerome Powell amid the probe into his conduct. The unified backing aims to protect central bank independence and…
Global Central Bank Chiefs Stand With Fed Chair Powell
www.bbc.com
January 13, 2026 at 11:01 AM
Global Central Bank Chiefs Stand With Fed Chair Powell — Leaders of major central banks issued a coordinated statement expressing full solidarity with Federal Reserve Chair Jerome Powell amid the probe into his conduct. The unified backing aims to protect central bank independence and…
Oil Rises To Two-Month High After U.S. Tariff Threat Over Iran Trade — Oil prices climbed to their highest level since November after President Donald Trump said countries doing business with Iran could face a 25% tariff, stoking fears of supply disruption. Traders moved into crude on…
Oil Rises To Two-Month High After U.S. Tariff Threat Over Iran Trade
www.barrons.com
January 13, 2026 at 10:02 AM
Oil Rises To Two-Month High After U.S. Tariff Threat Over Iran Trade — Oil prices climbed to their highest level since November after President Donald Trump said countries doing business with Iran could face a 25% tariff, stoking fears of supply disruption. Traders moved into crude on…
Russia Launches 293 Drones In Overnight Strike, Ukraine Says — Ukraine’s Air Force reported that Russian forces launched 293 strike drones and 25 missiles overnight in a large-scale attack, the military said. The barrage marks one of the most intense recent drone offensives and raises…
Russia Launches 293 Drones In Overnight Strike, Ukraine Says
breakingthenews.net
January 13, 2026 at 8:02 AM
Russia Launches 293 Drones In Overnight Strike, Ukraine Says — Ukraine’s Air Force reported that Russian forces launched 293 strike drones and 25 missiles overnight in a large-scale attack, the military said. The barrage marks one of the most intense recent drone offensives and raises…
Top Economist Says $200B Fannie/Freddie Plan Would Inflate Home Prices — Moody’s chief economist Mark Zandi warns that President Trump’s directive for Fannie Mae and Freddie Mac to buy $200 billion in mortgages would drive up home prices rather than improve affordability. He argues the…
Top Economist Says $200B Fannie/Freddie Plan Would Inflate Home Prices
www.benzinga.com
January 13, 2026 at 7:02 AM
Top Economist Says $200B Fannie/Freddie Plan Would Inflate Home Prices — Moody’s chief economist Mark Zandi warns that President Trump’s directive for Fannie Mae and Freddie Mac to buy $200 billion in mortgages would drive up home prices rather than improve affordability. He argues the…
Sen. Kelly Sues Pentagon Over Alleged Punitive Actions, Calls It Unconstitutional — Sen. Kelly has filed a lawsuit accusing the Pentagon of attempting to punish him and arguing those actions violate the Constitution. The case raises questions about civil-military boundaries and could set…
Sen. Kelly Sues Pentagon Over Alleged Punitive Actions, Calls It Unconstitutional
apnews.com
January 13, 2026 at 6:02 AM
Sen. Kelly Sues Pentagon Over Alleged Punitive Actions, Calls It Unconstitutional — Sen. Kelly has filed a lawsuit accusing the Pentagon of attempting to punish him and arguing those actions violate the Constitution. The case raises questions about civil-military boundaries and could set…
Jack Smith To Testify Publicly Before House Judiciary Committee — Former Special Counsel Jack Smith will appear in a public hearing before the House Judiciary Committee later this month, Judiciary Chair Jim Jordan announced. The session is expected to cover Smith's investigations and…
Jack Smith To Testify Publicly Before House Judiciary Committee
breakingthenews.net
January 13, 2026 at 5:02 AM
Jack Smith To Testify Publicly Before House Judiciary Committee — Former Special Counsel Jack Smith will appear in a public hearing before the House Judiciary Committee later this month, Judiciary Chair Jim Jordan announced. The session is expected to cover Smith's investigations and…
Google Gemini Partners With Walmart To Power AI Shopping Recommendations — Google's Gemini will integrate Walmart and Sam's Club purchase history to offer AI-driven shopping recommendations across the retailers' platforms. The deal expands Gemini's consumer-commerce reach and tightens…
Google Gemini Partners With Walmart To Power AI Shopping Recommendations
www.businessinsider.com
January 13, 2026 at 4:01 AM
Google Gemini Partners With Walmart To Power AI Shopping Recommendations — Google's Gemini will integrate Walmart and Sam's Club purchase history to offer AI-driven shopping recommendations across the retailers' platforms. The deal expands Gemini's consumer-commerce reach and tightens…
House Bill Would Block Trump From Seizing Or Buying Greenland — A House Democrat introduced legislation to bar the president from attempting to purchase or forcibly take control of Greenland, responding to Mr. Trump’s recent remarks. The bill aims to restrict executive authority on…
House Bill Would Block Trump From Seizing Or Buying Greenland
www.axios.com
January 13, 2026 at 3:02 AM
House Bill Would Block Trump From Seizing Or Buying Greenland — A House Democrat introduced legislation to bar the president from attempting to purchase or forcibly take control of Greenland, responding to Mr. Trump’s recent remarks. The bill aims to restrict executive authority on…
Bessent Urges Allies To Secure And Diversify Rare‑Earth Supply Chains — U.S. Treasury Secretary Scott Bessent pressed finance leaders to 'secure and diversify' supply chains for critical minerals, stressing allied cooperation to reduce dependence on single suppliers. The push highlights…
Bessent Urges Allies To Secure And Diversify Rare‑Earth Supply Chains
breakingthenews.net
January 13, 2026 at 1:02 AM
Bessent Urges Allies To Secure And Diversify Rare‑Earth Supply Chains — U.S. Treasury Secretary Scott Bessent pressed finance leaders to 'secure and diversify' supply chains for critical minerals, stressing allied cooperation to reduce dependence on single suppliers. The push highlights…
Russian Missiles Strike Kyiv; One Killed In Kharkiv — Russian forces launched missile strikes on Kyiv, Ukrainian officials said, intensifying attacks on the capital. Separate strikes in Kharkiv left at least one person dead, officials reported.
#business #finance
#business #finance
Russian Missiles Strike Kyiv; One Killed In Kharkiv
www.reuters.com
January 13, 2026 at 12:02 AM
DOJ Serves Grand Jury Subpoenas To Federal Reserve — Federal Reserve Chair Jerome Powell announced that the U.S. Department of Justice has served the Fed with grand jury subpoenas tied to its headquarters renovation. The development intensifies scrutiny over Fed independence and raises…
DOJ Serves Grand Jury Subpoenas To Federal Reserve
www.youtube.com
January 12, 2026 at 11:02 PM
DOJ Serves Grand Jury Subpoenas To Federal Reserve — Federal Reserve Chair Jerome Powell announced that the U.S. Department of Justice has served the Fed with grand jury subpoenas tied to its headquarters renovation. The development intensifies scrutiny over Fed independence and raises…
Trump Motorcade Rerouted After 'Suspicious Object' Report In Florida — President Trump's motorcade was diverted in Florida after authorities reported a 'suspicious object' near the route. Secret Service and local law enforcement are investigating and the incident prompted temporary…
Trump Motorcade Rerouted After 'Suspicious Object' Report In Florida
apnews.com
January 12, 2026 at 10:02 PM
Trump Motorcade Rerouted After 'Suspicious Object' Report In Florida — President Trump's motorcade was diverted in Florida after authorities reported a 'suspicious object' near the route. Secret Service and local law enforcement are investigating and the incident prompted temporary…
DOJ Opens Criminal Probe Into Fed Chair Jerome Powell — The Justice Department has opened a criminal investigation into Federal Reserve Chair Jerome Powell, Powell said Sunday. The announcement intensifies a dispute over Fed independence and risks unsettling markets and policy debate at…
DOJ Opens Criminal Probe Into Fed Chair Jerome Powell
www.youtube.com
January 12, 2026 at 9:01 PM
DOJ Opens Criminal Probe Into Fed Chair Jerome Powell — The Justice Department has opened a criminal investigation into Federal Reserve Chair Jerome Powell, Powell said Sunday. The announcement intensifies a dispute over Fed independence and risks unsettling markets and policy debate at…
DOJ Opens Criminal Probe Of Fed Chair Powell — The Justice Department has opened a criminal investigation into Federal Reserve Chair Jerome Powell related to his public testimony, Powell said. The inquiry has prompted bipartisan concern about threats to Fed independence and drawn sharp…
DOJ Opens Criminal Probe Of Fed Chair Powell
www.youtube.com
January 12, 2026 at 8:02 PM
DOJ Opens Criminal Probe Of Fed Chair Powell — The Justice Department has opened a criminal investigation into Federal Reserve Chair Jerome Powell related to his public testimony, Powell said. The inquiry has prompted bipartisan concern about threats to Fed independence and drawn sharp…
DOJ Fires Prosecutor Over Refusal To Pursue Comey Case — The Justice Department has dismissed the No. 2 official in the U.S. Attorney’s Office for the Eastern District of Virginia after he declined to lead a controversial case related to former FBI Director James Comey. The move raises…
DOJ Fires Prosecutor Over Refusal To Pursue Comey Case
www.ms.now
January 12, 2026 at 7:02 PM
DOJ Fires Prosecutor Over Refusal To Pursue Comey Case — The Justice Department has dismissed the No. 2 official in the U.S. Attorney’s Office for the Eastern District of Virginia after he declined to lead a controversial case related to former FBI Director James Comey. The move raises…
Apple Picks Google Gemini To Power Siri — Apple has tapped Google’s Gemini model in a multi‑year deal to power the next generation of Siri and other AI features, shifting Siri toward a more AI‑centric architecture. The alliance signals deepening cooperation between two tech giants and…
Apple Picks Google Gemini To Power Siri
www.pymnts.com
January 12, 2026 at 6:02 PM
Apple Picks Google Gemini To Power Siri — Apple has tapped Google’s Gemini model in a multi‑year deal to power the next generation of Siri and other AI features, shifting Siri toward a more AI‑centric architecture. The alliance signals deepening cooperation between two tech giants and…
Von Der Leyen Slams Musk's X Over AI-Generated Sexual Deepfakes — European Commission President Ursula von der Leyen condemned Elon Musk’s platform X after sexually explicit deepfakes depicting women were generated using its AI chatbot. Her criticism highlights rising political and…
Von Der Leyen Slams Musk's X Over AI-Generated Sexual Deepfakes
www.politico.eu
January 12, 2026 at 5:02 PM
Von Der Leyen Slams Musk's X Over AI-Generated Sexual Deepfakes — European Commission President Ursula von der Leyen condemned Elon Musk’s platform X after sexually explicit deepfakes depicting women were generated using its AI chatbot. Her criticism highlights rising political and…
Trump-Powell Clash Prompts Unscheduled Fed Chair Statement — An unprecedented public spat between President Trump and Federal Reserve Chair Jerome Powell led Powell to issue an unscheduled video statement — a rare move for the central bank's leader. The confrontation escalates concerns…
Trump-Powell Clash Prompts Unscheduled Fed Chair Statement
www.bbc.com
January 12, 2026 at 4:02 PM
Trump-Powell Clash Prompts Unscheduled Fed Chair Statement — An unprecedented public spat between President Trump and Federal Reserve Chair Jerome Powell led Powell to issue an unscheduled video statement — a rare move for the central bank's leader. The confrontation escalates concerns…
Trump Fed Pick Reacts To Powell Probe — Top White House economic adviser Kevin Hassett played down the Trump administration’s criminal probe into Federal Reserve Chair Jerome Powell, signaling the White House is minimizing the inquiry’s significance. His comments add to growing tensions…
Trump Fed Pick Reacts To Powell Probe
www.newsweek.com
January 12, 2026 at 3:02 PM
Trump Fed Pick Reacts To Powell Probe — Top White House economic adviser Kevin Hassett played down the Trump administration’s criminal probe into Federal Reserve Chair Jerome Powell, signaling the White House is minimizing the inquiry’s significance. His comments add to growing tensions…
Meta Names Dina Powell McCormick, Former Republican Official, To Senior Role — Meta appointed Dina Powell McCormick, a prominent banking executive and former Republican official, to a senior leadership position. The hire bolsters Meta’s Washington and finance expertise as the company…
Meta Names Dina Powell McCormick, Former Republican Official, To Senior Role
www.axios.com
January 12, 2026 at 2:02 PM
Meta Names Dina Powell McCormick, Former Republican Official, To Senior Role — Meta appointed Dina Powell McCormick, a prominent banking executive and former Republican official, to a senior leadership position. The hire bolsters Meta’s Washington and finance expertise as the company…
Trump Floats 10% Credit-Card Rate Cap; Banks' Shares Slide — President Trump proposed a one-year cap on credit-card interest rates, rattling investors and prompting a selloff in bank and card issuer stocks. Markets are weighing the potential hit to lenders' revenue and the broader…
Trump Floats 10% Credit-Card Rate Cap; Banks' Shares Slide
www.bbc.com
January 12, 2026 at 1:02 PM
Trump Floats 10% Credit-Card Rate Cap; Banks' Shares Slide — President Trump proposed a one-year cap on credit-card interest rates, rattling investors and prompting a selloff in bank and card issuer stocks. Markets are weighing the potential hit to lenders' revenue and the broader…
DOJ Opens Criminal Inquiry Into Fed Chair Powell — The Justice Department has opened a criminal investigation into Federal Reserve Chair Jerome Powell, prompting volatility in Treasury markets and renewed debate over Fed independence. Reports say the probe involves grand jury subpoenas,…
DOJ Opens Criminal Inquiry Into Fed Chair Powell
www.cnbc.com
January 12, 2026 at 12:01 PM
DOJ Opens Criminal Inquiry Into Fed Chair Powell — The Justice Department has opened a criminal investigation into Federal Reserve Chair Jerome Powell, prompting volatility in Treasury markets and renewed debate over Fed independence. Reports say the probe involves grand jury subpoenas,…