Meta Acquires Manus To Expand Its AI Capabilities

 

Menlo Park, Calif. Meta Platforms announced that it acquired Singapore-based AI startup Manus, integrating a general-purpose AI agent and the team while Manus will continue to sell subscriptions from Singapore. Meta and Manus stated the deal severs Chinese ownership and China operations; financial terms were undisclosed though sources reported a...

ModivCare posts losses; Daily Journal posts profits

 

Denver, ModivCare Inc. reported a $73.1 million third-quarter loss and $679.7 million revenue on Monday, while earlier filings showed a $303.7 million second-quarter loss with $659.6 million revenue. Los Angeles-based Daily Journal Corp. reported a $42.2 million fiscal fourth-quarter profit and $28.4 million revenue, and $112.1 million annual profit on...

SCNG Calls $12 Billion Farm Bailout Tariff Disaster

 

Los Angeles. The Southern California News Group published an editorial on Dec. 28 saying a $12 billion payout to farmers underscores failures of President Trump's tariff-driven trade policies. The editorial stated the bailout, announced earlier this month, followed harms to farmers from retaliatory measures and called tariffs additional taxes on...

Olema insiders sell millions amid analyst upgrades now

 

United States — Olema Pharmaceuticals executives sold shares between December 19 and December 23, 2025, according to Securities and Exchange Commission filings. Chief Medical Officer Naseem Zojwalla sold $7.5 million of common stock and exercised options; Director Ian T. Clark sold $7.87 million and exercised options; David Myles sold about...

U.S. State Farm Exports to China Fall Sharply

 

United States — State-level agricultural exports to China fell significantly this calendar year, local news outlets nationwide reporting declines derived from USDA trade data analyzed by Farm Flavor. Between 2025 and prior years, multiple states recorded reduced shipments: Virginia ($49.4M), Iowa ($39M), Arkansas ($24.5M), Alabama ($23.9M), Missouri ($19.5M), Connecticut ($13.6M),...

Washington Announces Trump-class Battleships and Hanwha Frigate Cooperation

 

Washington — President Donald Trump announced Monday that the U.S. Navy will begin construction of two 'Trump-class' warships and that South Korea's Hanwha will collaborate on new frigates. Trump described the ships as larger than Iowa-class vessels, with 30,000–40,000-ton displacement and advanced weapons including hypersonics, railguns, and lasers. He said...

Alphabet to Buy Intersect for $4.75 Billion Deal

 

Mountain View, Calif. Alphabet announced on Dec. 22 that it will acquire energy and data-center developer Intersect for $4.75 billion to secure power for artificial intelligence workloads. The company said it will allow Intersect to operate independently after the deal, which follows a prior Google investment and project collaborations. Intersect...

Kansas Approval Clears Way For Chiefs Stadium Move

 

TOPEKA, Kan. Kansas lawmakers approved a STAR bonds package Monday and the Kansas City Chiefs announced an agreement to relocate to Kansas beginning in 2031. The Legislature authorized up to 70% of a proposed stadium’s cost to be covered by STAR bonds, financed with future sales and liquor tax revenues...

San Francisco blackout affects 130,000 amid holiday weekend

 

San Francisco, United States. A power outage on Saturday, Dec. 20 cut electricity to about 130,000 customers after a fire at a Pacific Gas and Electric substation, officials said. The outage hit northern neighbourhoods including Richmond, Presidio and areas near Golden Gate Park, causing transit disruptions, traffic-signal failures and business...

White House Announces Largest Drug Pricing Deals Yet

 

WASHINGTON — The Trump administration announced agreements with nine drugmakers to lower U.S. prescription prices and expand domestic manufacturing. Companies pledged to cut Medicaid prices to levels paid in peer nations, launch new drugs at comparable global prices, and distribute discounts through a TrumpRx platform. The deals raised the total...