Boeing wins $880M deal to upgrade and sustain P-8A Poseidon training systems

Jon Tetzlaff Boeing (BA) secured an $880M firm-fixed-price contract to procure, modernize, and sustain P-8A Poseidon aircrew and maintenance training systems for the U.S. Navy. The contract covers the development, integration, testing, delivery, and upgrades of training devices, along with hardware, software, spares, and support services to strengthen fleet readiness…

Meta secures AI computing deals with data center firm Crusoe – Bloomberg (META:NASDAQ)

Meta Platforms (META) has secured new agreements to get AI computing power from data center developer Crusoe, reported Bloomberg on Thursday. Meta is under contract to buy computing capacity from Crusoe at two data centers, the report said, citing people familiar Source link

Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator

The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading Commission or the trading it oversees. The derivatives regulator didn’t pile any new fines onto Mashinsky, who previously…

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

These standards, according to the rule proposal, “must include reasonable procedures for: (1) verifying the identity of any person seeking to open an account to the extent reasonable and practicable; (2) maintaining records of the information used to verify a person’s identity, including name, address, and other identifying information; and…

New Fortress Energy says court approves U.K. restructuring plan (NFE:NASDAQ)

CHUNYIP WONG/E+ via Getty Images New Fortress Energy (NFE) said Thursday the U.K. restructuring plan for two of its subsidiaries was approved at a hearing in the High Court of Justice of England and Wales, advancing the company’s ​efforts to reorganize debt ​obligations. New Fortress (NFE Source link

Tesco’s share price drops 2% on Q1 trading miss. What’s gone wrong?

Image source: Getty Images Tesco‘s (LSE:TSCO) share price has been slipping ahead of today’s Q1 trading statement. It’s dropped another 2% after the statement’s release, suggesting investors weren’t expecting much — and still came away disappointed. So, what’s happened? Tesco’s like-for-like takings in the three months to May were up…

Foundation loses another key leader as Hsiao-Wei Wang resigns

The Ethereum Foundation’s (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role leading the organization effective immediately, in a post shared on X on Thursday. Wang reached the decision after a recent sabbatical, which gave her time to reflect on her priorities and future plans.…