US robotics company stands by ICE deal as more than 300 employees warn of risk.
The US Air Force has awarded Lockheed Martin a $694 million contract to produce hypersonic missiles, moving these next-generation weapons from development into actual manufacturing. This signals America's commitment to fielding advanced long-range strike capabilities that can travel at five times the speed of sound, crucial for staying ahead of China and Russia in the hypersonic arms race.
The Pentagon has established a new advisory council focused on human performance and health for military personnel. This move reflects growing recognition that optimizing warfighter wellness—from mental health to physical conditioning—is as critical to military readiness as advanced weapons systems.
The US Army is asking defense contractors whether they can produce 21,000 Infantry Squad Vehicles, a substantial order for the light tactical transport platform. This massive procurement signals the Army's push to modernize ground mobility across its force structure, replacing aging fleets with vehicles better suited for rapid deployment.
Madison Square Garden Entertainment has officially split the New York Knicks and Rangers into separate publicly traded entities from its entertainment venues business. This corporate restructuring gives investors direct access to the sports franchises, potentially unlocking value in two of the most valuable teams in professional sports.
Retail investors on platforms like Robinhood jumped in to buy semiconductor stocks after recent selloffs, betting on a rebound in the chip sector. However, Robinhood itself reported disappointing results due to weakness in cryptocurrency trading, showing how the retail investment platform's fortunes are tied to volatile crypto markets.
Swiss banking giant UBS reported pre-tax profits of $3.59 billion for Q3, up 27% from last year, driven by strong wealth management inflows. The results show UBS successfully capitalizing on its acquisition of Credit Suisse while attracting wealthy clients seeking stability amid global financial uncertainty.
Reports have emerged that sports broadcaster Pat McAfee received death threats and was warned to wear a bulletproof vest amid controversy surrounding his coverage of Utah-related topics. The situation highlights the increasingly hostile environment facing sports media personalities and raises serious concerns about public figure safety when controversies escalate.
Amazon MGM Studios Japan announced it will double its investment in original Japanese content, with producers behind hits like 'One Piece' and 'Kingdom' discussing their intellectual property strategies at TIFFCOM. This major investment signals Amazon's aggressive push to compete with Netflix in the lucrative Japanese entertainment market by bankrolling local productions.
An appeals court has upheld actor Danny Masterson's conviction on two counts of rape, rejecting his legal team's arguments for overturning the verdict. The decision reinforces accountability in Hollywood's #MeToo reckoning and means the former 'That '70s Show' star will continue serving his 30-years-to-life prison sentence.