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Arm CEO talks growth as stock rallies on AI-fueled demand

Arm CEO Rene Haas talks about how demand for his company’s chip architecture led to record profits on Thursday’s “The Claman Countdown.” Arm Holdings Inc. CEO Rene Haas said Thursday that the company beat Wall Street’s profit and revenue expectations and offered a positive outlook, driven by demand for the company’s services thanks to artificial […]

EU lawmakers demand probe into alleged vote fraud allegations in Serbia

European Union lawmakers have called for an independent investigation into allegations of voter fraud in Serbia’s recent elections. They demanded that EU funds be stopped if Belgrade authorities do not cooperate with investigations or engage in election fraud. International human rights watchdogs reported harsh rhetoric during opinion polls, media bias, pressure on public officials, and […]

State AGs warn Biden’s natural gas moratorium violates federal law, demand reversal

First appearance on Fox: A coalition of 22 Republican state attorneys general is warning President Biden about the recent suspension of the policy. Liquefied natural gas (LNG) Export projects are illegal. led by the top of the state government Kansas Attorney General Kris KobachIn a letter to Mr. Biden and Energy Secretary Jennifer Granholm, he […]

Housing demand stalls out as mortgage rates march higher

FOX Business Correspondent Madison Alworth explains how high mortgage rates and “Barney & Co.” home prices are delaying the American dream for many first-time homebuyers. Last week, demand for housing ground to a halt as mortgage rates neared 7%, locking many potential buyers out of the market ahead of the crucial spring season. Mortgage Bankers […]

Estée Lauder slashing up to 5% of workforce on skittish China demand

Estée Lauder plans to cut 3% to 5% of its global workforce as it expands efforts to shore up profits squeezed by Chinese customers cutting back on sales of expensive luxury goods rose 14%. China’s boom after the lifting of pandemic restrictions never materialized, and recent results show mixed demand for luxury goods. While companies […]

Mothers of teen social media victims demand action after Senate hearing

Mothers of three whose lives were severely affected by social media’s missteps glared at tech billionaires during an emotional Senate committee hearing on Wednesday. Riley Basford and Grace McComas, both 15, were typical “dumb and stupid” kids who were attending church and starting new jobs until suddenly things took a turn for the worse and […]