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29.05.26 - 15:54
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GM Authorized $6 Billion in Buybacks. Will Ford Match the Move? (24/7 Wall St.)
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Ford (NYSE: F) and General Motors (NYSE: GM) recently posted Q1 2026 results, and the contrast in how each is returning cash was the most striking takeaway. GM authorized a new $6 billion buyback in January and lifted its dividend. Ford kept its payout flat and bought back a fraction of that. Same industry, very ... GM Authorized $6 Billion in Buybacks. Will Ford Match the Move?...
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29.05.26 - 14:12
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US To Power Base With Nuclear Aircraft Carrier As Navy Mulls New Floating Reactor Program (ZeroHedge)
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US To Power Base With Nuclear Aircraft Carrier As Navy Mulls New Floating Reactor Program
Later this summer, the nuclear-powered USS Gerald R. Ford will export electricity from its two A1B reactors directly to Naval Station Norfolk, powering the largest naval base in the world from a $13 billion supercarrier sitting at the pier.
Acting Secretary of the Navy Hung Cao provided the news during a May 14 House Armed Services Committee hearing on the FY2027 budget. “This summer, Naval Station Norfolk in Virginia is going to be powered from an aircraft carrier,” he said plainly. “We're going to export the energy from the aircraft carrier to the base.”
A Navy spokesperson later confirmed the initial test will happen later this year as part of a broader push for “firm, baseload power” and mission assurance at installations.
The Ford just returned to Norfolk after a record 326-day deployment. Its A1B reactors built by Bechtel and BWXT deliver roughly 25% more energy and operational availa...
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28.05.26 - 23:30
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Dell Boosts Outlook to $60B in AI Server Sales This Year (Bloomberg)
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Bloomberg News reporter Brody Ford says Dell's server business is helping the company's revenue benefit from the AI boom.
Dell gave an outlook for annual sales that far surpassed analysts' estimates, fueled by demand for servers that power artificial intelligence work.
Revenue in the fiscal year ending in January 2027 will be about $167 billion, including $60 billion from the sale of AI servers, the Texas-based company said Thursday in a statement. (Source: Bloomberg)...
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28.05.26 - 16:36
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A historic choice: Yolanda McClean elected CUPE Ontario president (Business Wire)
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TORONTO--(BUSINESS WIRE)--Delegates at CUPE Ontario's annual convention have elected Yolanda McClean, the union's serving secretary-treasurer, to lead Ontario's largest union.
McClean is the first education worker and the first Black woman to be elected president of CUPE Ontario, which represents more than 300,000 members working in the public sector.
“I am humbled and honoured to have been chosen by CUPE members to serve in this role,” said McClean.
“My foundation, as CUPE Ontario president, is our collective legacy of labour action, solidarity and fighting for public services. And it's that legacy that will inspire me, and all CUPE Ontario members, to take on the Ford Conservatives and their destructive, dangerous agenda.”
McClean traces her trade union activism to her early days as a library technician with the Toronto District School Board. There she became a member of CUPE 4400 and rose through the ranks of her union as an activist who never turned her back when issues of justice and fair...
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27.05.26 - 23:24
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Tigé Boats Launches Two-Week Midwest Wakesurf Demo Tour with World Champion Dominic Lagace (PR Newswire)
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A Two-Week Midwest Demo Tour from One of the Leading Premium Wake Surf Boat Brands, in Partnership with Ford Eight dealer stops across Michigan, Indiana, Wisconsin, and Ohio — June 8–19, 2026. ABILENE, Texas, May 27, 2026 /PRNewswire/ -- Tigé Boats, Inc., a leading premium wake surf boat......
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