Religious Charter Schools Should Pass the Supreme Court Test
A case from Oklahoma will determine whether American education becomes more or less centralized, homogeneous, and anticompetitive. Source link
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Culture
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on…
Wilmar reports higher earnings for Q1 2025 on better performance from business segments, associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a bourse filing on Tuesday (Apr 29). Revenue for Q1…
How learning like a gamer helped this high-school dropout succeed
There are so many ways to die. You could fall off a cliff. A monk could light you on fire. A bat the size of a yacht could kick your head in. You’ve only just begun the game, and yet here…
The AI Hype Index: AI agent cyberattacks, racing robots, and musical models
Separating AI reality from hyped-up fiction isn’t always easy. That’s why we’ve created the AI Hype Index—a simple, at-a-glance summary of everything you need to know about the state of…
Will ComfortDelGro win the point-to-point 2.0 race against Grab?
Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money. Studies have shown that people who choose to drive taxis are those who…
How DOGE used AI to reshape the government in just 100 days
Elon Musk’s Department of Government Efficiency has torn through Washington at breakneck speed. During the first 100 days of President Donald Trump’s second term, DOGE has played a central…
Student Debt Collections Restart on May 5. Here’s What to Know.
After a five-year reprieve, the Trump administration will restart forced collections on federal student loans in default, which could include garnishing a portion of borrowers’ paychecks.…
With Trump In Power, Foreign Crypto Companies Make Inroads in US
Last month, Paolo Ardoino, the chief executive of the cryptocurrency company Tether, joined business executives and U.S. lawmakers for a private lunch at the Willard, a luxury hotel near…
Temasek’s Gabriel Lim to lead Seviora Holdings as CEO
Temasek Holdings’ head of corporate strategy Gabriel Lim will exit his post to lead the Temasek-owned asset management group Seviora Holdings, the group announced in a statement on Tuesday…
We need to start thinking of AI as “normal”
Instead, according to the researchers, AI is a general-purpose technology whose application might be better compared to the drawn-out adoption of electricity or the internet than to…
Norway wealth fund CEO sees potential in real estate, renewable assets
Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s US$1.8 trillion sovereign wealth fund. “The world is…
CGSI upgrades OUE Reit to ‘add’ on improved outlook
CGS International (CGSI) has upgraded its recommendation for OUE Reit to “add” from “hold”, and raised its price target marginally to S$0.33 from S$0.32. In a report on Monday (Apr 28),…
Adidas holds back on profit upgrade due to tariff uncertainty
German sportswear maker Adidas held back on Tuesday (Apr 29) from raising its 2025 financial forecasts despite strong first-quarter results, saying the uncertainty around US import tariffs…
Signal is the unlikely star of Trump’s first 100 days
The first 100 days of Trump’s second presidential term have included a surprising player that doesn’t seem likely to go away anytime soon: Signal. The encrypted messaging platform wasn’t…
Lufthansa confirms 2025 outlook, braces for possible trade fallout
German airline Lufthansa on Tuesday (Apr 29) confirmed its operating result forecast for 2025, offering what analysts deemed a more positive assessment than other airlines, but warned that…
China says willing to cooperate with US firms after Boeing spat
Among airlines that are willing recipients of the aircraft rejected by the country is Air India China is willing to support normal cooperation between US companies, the country’s…
HSBC Q1 profit drops 25%; launches US$3 billion share buyback
— Bank launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday and warned of…
These Singapore names are potential winners from election Budget, tariff volatility: Maybank
The Republic’s domestic-oriented stocks could emerge as spillover beneficiaries amid tariff volatility in spite of Singapore’s high trade dependency, said Maybank. That includes sectors…
China still backs overseas coal plants despite 2021 pledge, research shows
Chinese firms are still building new coal-fired power plants in Indonesia despite a 2021 pledge to stop financing coal projects overseas, according to an analysis of energy investments in…
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car parts to give automakers more time to relocate…
Trump administration opens racial-discrimination probe into Harvard Law Review
The federal government launched a probe Monday into allegations of race-based discrimination at Harvard University and the Harvard Law Review, the latest salvo in the battle over wokeness…
Australian, New Zealand dollars make the most of US tariff tangle
The Australian and New Zealand dollars were making another attempt at topside resistance on Tuesday as conflicting comments over White House tariff policies undermined confidence in their…
Indonesian bonds set for first foreign outflows in five months
Indonesia’s sovereign bond market is on course for its first monthly foreign outflows of the year as economic instability and a falling rupiah erode investor confidence. Foreign investors…