News & Updates

The latest news and updates from companies in the WLTH portfolio.

Business groups say workers' rights to 'cost jobs and cause chaos'

A raft of workers' rights that come into force today threatens to cause chaos for employers, Labour has been warned. The changes under the Employment Rights Act - which became law last year - include the right to statutory sick pay (SSP) from the first day of illness instead of on the fourth day. Other reforms taking force today include making paternity leave a 'day one right' rather than being available only after six months in the job. Business groups say the Act threatens to crush growth and jobs at a time when they are already struggling with other costs imposed by the Government, such as National Insurance hikes, minimum wage increases and botched business rates reform. And it comes as they now face a fresh headache caused by the war in the Middle East, which is driving up energy and other costs while at the same time threatening to cause a cost-of-living crisis which will kill demand. The way ahead: A raft of new workers' rights threatens to cause chaos for employers, Labour has been warned It follows steep rises to the minimum wage that came into force last week. Neil Carberry, chief executive of the Recruitment and Employment Confederation, said: 'The pressure on firms right now is to reduce employment and raise prices to make ends meet.' Graduate jobs apocalypse as Labour prices young out of work And with youth joblessness at an 11-year-high, he added: 'All of this jeopardises employment creation and could supercharge youth unemployment in particular.' Further changes to be introduced at a later date in stages up to 2027 include guaranteed minimum hours for those on zero or low hour contracts. Carberry said plans to introduce the minimum hours rule were 'totally unworkable as currently conceived'. He added: 'The changes to statutory sick pay introduced this week will also cause chaos if not coupled swiftly with better guidance for firms, as a small minority of workers will try to defraud firms.' Tom Way, chief executive of the UK and Ireland division of recruitment giant Hays, said: 'The legislation is designed to make work fairer, but has added another layer of complexity to decisions businesses were already taking longer to make.' DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Freetrade Freetrade Investing Isa now free on basic plan Learn More Learn More Trading 212 Trading 212 Free share dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you

CHAOS
This is Money22d ago
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Business groups say workers' rights to 'cost jobs and cause chaos'

SpaceX's IPO may hold lessons for Singapore

[SINGAPORE] When news broke last week that Elon Musk's SpaceX had confidentially filed for an initial public offering (IPO) in the US, I couldn't help wondering if it was an April Fool's Day prank. While there had been lots of market chatter about the company going public, reports of the confidential IPO filing first appeared on Apr 1 - which also happened to be the day that the National Aeronautics and Space Administration's (Nasa) Artemis II blasted off on a 10-day trip around the moon.

SpaceX
The Business Times22d ago
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SpaceX's IPO may hold lessons for Singapore

Business groups say workers' rights to 'cost jobs and cause chaos'

A raft of workers' rights that come into force today threatens to cause chaos for employers, Labour has been warned. The changes under the Employment Rights Act - which became law last year - include the right to statutory sick pay (SSP) from the first day of illness instead of on the fourth day. Other reforms taking force today include making paternity leave a 'day one right' rather than being available only after six months in the job. Business groups say the Act threatens to crush growth and jobs at a time when they are already struggling with other costs imposed by the Government, such as National Insurance hikes, minimum wage increases and botched business rates reform. And it comes as they now face a fresh headache caused by the war in the Middle East, which is driving up energy and other costs while at the same time threatening to cause a cost-of-living crisis which will kill demand. The way ahead: A raft of new workers' rights threatens to cause chaos for employers, Labour has been warned It follows steep rises to the minimum wage that came into force last week. Neil Carberry, chief executive of the Recruitment and Employment Confederation, said: 'The pressure on firms right now is to reduce employment and raise prices to make ends meet.' Graduate jobs apocalypse as Labour prices young out of work And with youth joblessness at an 11-year-high, he added: 'All of this jeopardises employment creation and could supercharge youth unemployment in particular.' Further changes to be introduced at a later date in stages up to 2027 include guaranteed minimum hours for those on zero or low hour contracts. Carberry said plans to introduce the minimum hours rule were 'totally unworkable as currently conceived'. He added: 'The changes to statutory sick pay introduced this week will also cause chaos if not coupled swiftly with better guidance for firms, as a small minority of workers will try to defraud firms.' Tom Way, chief executive of the UK and Ireland division of recruitment giant Hays, said: 'The legislation is designed to make work fairer, but has added another layer of complexity to decisions businesses were already taking longer to make.' DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Freetrade Freetrade Investing Isa now free on basic plan Learn More Learn More Trading 212 Trading 212 Free share dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you

CHAOS
Daily Mail Online22d ago
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Business groups say workers' rights to 'cost jobs and cause chaos'

SpaceX Scheduled for Wednesday Rocket Launch Carrying Northrop Grumman Mission From Cape Canaveral - Space Coast Daily

By Space Coast Daily // April 5, 2026 Coverage of the launch can be seen on Space Coast Daily TV BREVARD COUNTY * CAPE CANAVERAL, FLORIDA - SpaceX is targeting Wednesday, April 8, for a Falcon 9 launch of Northrop Grumman's Cygnus XL commercial resupply mission (NG-24) to the International Space Station from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida. Liftoff is targeted for 8:51 a.m. ET, with a backup launch opportunity available on Thursday, April 9 at 8:26 a.m. ET. This is the seventh flight of the first stage booster supporting this mission, which previously launched Ax-4, Crew-11, NG-23, and three Starlink missions. Following stage separation, Falcon 9 will land on Landing Zone 40 (LZ-40) at Cape Canaveral Space Force Station.

SpaceX
Space Coast Daily22d ago
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SpaceX Scheduled for Wednesday Rocket Launch Carrying Northrop Grumman Mission From Cape Canaveral - Space Coast Daily

I used Claude Code, Antigravity, and Perplexity Computer to build a portfolio -- there was a clear winner

Web development has changed massively in the last few years. There was a time when building a website meant dealing with raw HTML and CSS and obsessing over every tiny pixel by styling it yourself. Then tools like Wix and Squarespace came along where you could build a decent-looking website just by dragging and dropping elements. Now, we have tools that let you simply describe what you want, and they go ahead and build the entire thing for you exactly how you describe it. All you need to do is the ideating and prompting, and it handles the rest. I wanted to see how far that's really come, so I took Claude Code, Google's Antigravity, and Perplexity Computer, and gave them the exact same job: to create a portfolio website for me. I used the same exact prompts and instructions, and here's how it went... I asked all three tools to build me the same portfolio Same prompt and instructions I've been wanting to create a portfolio website for a while now, but I haven't had time to actually sit down and learn how to build one from scratch. So this felt like the perfect opportunity to finally put all three tools to the test and also get a portfolio website as a result. Now, I didn't really want a generic portfolio. If I did, I'd have just used a template on a tool like Wix! Instead, I wanted an interactive portfolio with fluid animations, a section with all my published work so far, and an AI chatbot integrated that a reader could use to ask questions about all my work. So, to achieve this, I used the same process across all three tools. Given that all the information I'd like to display within a portfolio website is already available online, I first asked each tool to find everything it could about me (and I mean everything). I told them I'm a journalist, to find my published work online, and to just dig up as much as they can. Then, once they had all that context, I gave them all the same prompt describing exactly what I wanted. Want to stay in the loop with the latest in AI? The XDA AI Insider newsletter drops weekly with deep dives, tool recommendations, and hands-on coverage you won't find anywhere else on the site. Subscribe by modifying your newsletter preferences! And then, I let each tool do its own thing. Keep in mind that I'm judging the outputs on the very first version each tool produces -- no edits, no follow-up prompts, no tweaking from my end. Just the raw first result. Perplexity Computer Nailed everything on the first try While Claude Code and Antigravity are both built primarily for coding and development related tasks, Perplexity Computer is something that's in a bit of a different lane. It's more so positioned as an OpenClaw alternative, and the impressive bit about it is that it has access to multiple AI models. It's based on Anthropic's Opus 4.6 as its core reasoning engine, but it can intelligently route different subtasks to whichever model is best suited for the job. Though I've been an open critic of Perplexity, I've been using Computer a fair bit and it's really impressed me. The very first task I made it do was this one -- building me a portfolio website. Now, right off the bat, I was impressed. As I mentioned above, the first thing I asked these tools was to find everything they can on me. Perplexity took the longest to wrap up its research, but it also returned the most in-depth information, which is exactly what I was looking for. It went as far as digging into my Instagram account, my Twitter, and even found some stuff that I wasn't aware of, like the fact that Authory had featured my account on their website! It was a bit creepy how much AI can find out about you from a single name, but honestly, for this specific use case, that's exactly what I needed. Once I had sent off my idea to it, it asked a couple of follow-up questions including the visual mood I wanted, the primary audience, a headshot of mine, and if I had any websites or portfolios that I love the vibe of. It then went off and began building! It delegated the task of collecting my articles to Gemini 3 Flash, while Claude Opus 4.6 handled the coding. I hadn't specified a design vibe and gave the tools the freedom to decide. Perplexity Computer went with warm cream and coral tones, had a headshot of me right on the front page and a typewriter style tagline that cycled through different phrases about me. This included tech journalist, CS student, NotebookLM evangelist, professional yapper (which it got off my Instagram)! It then included links to my socials, a Search My Work button, and a Featured Work section with a filterable grid with the publications I've written at so far and topics I cover. This included a Search Articles bar where you could find an article by searching for it. The exciting part was the "Ask Mahnoor's AI" section which only knew my articles. I tested it out with a bunch of prompts like "What does Mahnoor think of Perplexity" and it mentioned that I have a lot to say about it, and I'm a fan but also honest about shortcomings. Now, Perplexity's output was the only one that included all my articles published (as I had asked for) and the only one with an AI chatbot that actually worked properly! I barely had any complaints with the output, and this is definitely the portfolio I'm considering actually deploying. It was functional, aesthetically pleasing enough, and most importantly, it actually nailed every single thing I asked for on the first try. Claude Code built something impressive, but it wasn't quite there yet I expected better Claude Code has become one of my favorite AI tools, and my expectations from it for this were high. I began with the same prompt of asking it to conduct in-depth research, and it found decent enough information. It wasn't as detailed as I hoped it would have been (since Claude is typically great at finding information), but for the sake of this experiment, I didn't push it further and moved on to the building prompt. It asked me 10 questions regarding the portfolio including the design layout, the vibe, the AI model I wanted it to use, if I was going to deploy it, and more. Then, it began building. Out of the three, Claude Code took the longest to build it, and it got stuck at fetching my articles. I had to explicitly then tell it to let that go, and just build it with what it had already parsed since it was just wasting tokens! Claude went with a dark-themed portfolio with violet and amber gradient accents. The gradient bit made it give off the typical "vibe-coded" look. Similar to Perplexity Computer's portfolio, it included an animated typewriter cycling through phrases like tech journalist, AI explorer, Apple enthusiast, CS student, and open-source advocate. The last one is something I find particularly interesting. I'm surely an open-source advocate, but also, I've only ever written around three articles about open-source tools. So, this was clearly a direct result of the research Claude had done. I liked the About section Claude came up with, and it included my journey laid out as a visual timeline! It included a publication grid with cards for each outlet I've written for, contact information, and of course, the AI chatbot I asked for along with the My Work section. Now, the My Work section ended at 80 articles since the tool was struggling to parse them. That wasn't what I really cared about here. I know if I'd have let it continue, it would have parsed all 400+ articles. The interesting part was that when I used the chatbot in its current state, a lot of the articles it'd link to just...didn't exist! For instance, I asked "any pieces on open-source" and it gave three results. Only one of them was an article I remember writing, and the other two were articles it had made up itself! When I clicked on them, they led to a 404 error on the publication's website. The same happened when I asked what I had written about NotebookLM. For context, I've done over 180 pieces about the tool, and the AI chatbot it created gave me 7 results and 4 of them didn't exist. So, while the structure of the portfolio Claude Code produced felt the most polished, the hallucinated articles were a dealbreaker. What good is a portfolio if it links to work that doesn't even exist? Antigravity was the weakest of the three It was just...dissapointing Finally, it was time to put Google's agentic IDE, Antigravity, through the same test. When it came to finding all the information it could about me, the tool searched the web and whipped up an answer within seconds. The information was surface-level and as with Claude, it could have been better, but it was enough to work with. Once I shared my idea with the tool, it came up with a high-level plan and questions about the design vibe and how I'd want the AI chatbot to work. I answered the questions, and then gave it the green light to begin building. Antigravity used Gemini 3.1 Pro to build the whole thing, and it took longer than Perplexity Computer but finished before Claude Code. Subscribe for hands-on AI tool tests and insights Get the newsletter by subscribing for deep dives into AI dev tools like Perplexity Computer, Claude Code, and Antigravity - hands-on comparisons, real-world project tests, and practical tool recommendations. Get Updates By subscribing, you agree to receive newsletter and marketing emails, and accept our Terms of Use and Privacy Policy. You can unsubscribe anytime. Now, remember how I mentioned Claude Code's gradient design made it feel vibe-coded right off the bat? Antigravity's portfolio had the exact same look. Same dark layout, same gradient vibe -- if you put the two side by side, you'd struggle to tell which tool built which. Here's what cracked me up, though. Despite taking longer than Perplexity to build this, the portfolio included seven articles only. Seven out of over four hundred articles published! The AI chatbot was also a complete disappointment. One of the seven articles included an article about Perplexity, so I assumed the AI chatbot could at least answer a question about it. So, I asked it about my thoughts on Perplexity, and it told me: Hmmm, I couldn't find an exact match in my portfolio for that! Try asking about 'NotebookLM', 'ChatGPT', or 'eReaders'! I don't really have much else to say. The "About" section didn't exist (even though there was an option at the top, but clicking on it led to nothing), the portfolio contained 7 articles, the chatbot didn't work, and the design looked vibe-coded. I didn't expect this What I find really ironic is that Perplexity Computer used both Gemini and Anthropic's models to build its portfolio (the very same models that power Claude Code and Antigravity), and still came out on top. It outperformed both tools using their own tech, despite the same prompts and instructions! I wouldn't have expected that.

AnthropicPerplexity
XDA-Developers22d ago
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I used Claude Code, Antigravity, and Perplexity Computer to build a portfolio -- there was a clear winner

Pondy discord shows DMK front's double standards: EPS

Chennai: AIADMK general secretary Edappadi K Palaniswami on Sunday accused the DMK-Congress alliance of adopting different political positions across states, saying the bloc projected unity in Tamil Nadu but followed a fragmented approach in Puducherry, exposing what he called double standards in its alliance strategy. Addressing campaign meetings in Puducherry, he said TN chief minister M K Stalin had 'looted Tamil Nadu' and was seeking to extend the same politics to Puducherry. Responding to Stalin's allegations on denial of late CM Karunanidhi's memorial, EPS said he had explained about a case pending in the high court against such land allocation. In spite of that, AIADMK govt allotted two acres at Guindy."Is it fair to accuse us when we were legally unable to allot land," EPS asked. He further charged that Karunanidhi had refused land for late CMs Kamaraj and Janaki Ramachandran. He criticised the DMDK, saying its leadership had taken different positions depending on whether it was part of the AIADMK alliance. "The party had aligned with the DMK despite actor Vadivelu speaking ill of their founder Vijayakant in Kalaignar's presence," he said, adding that claims about denial of a Rajya Sabha seat were incorrect and said he had assured such a position if the party remained in alliance for the 2026 elections. In his speech at Neyveli later in the evening, he took a swipe at Udhayanidhi Stalin. EPS also accused the DMK of betrayal, citing issues including Katchatheevu, Cauvery water disputes, Sri Lankan Tamils and NEET, and said leaders of the party had no basis to make such allegations against others. He questioned the DMK's reliance on former AIADMK members who had defected and were now holding positions in govt.

Discord
The Times of India22d ago
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Pondy discord shows DMK front's double standards: EPS

Polymarket took down wagers tied to rescue of downed Air Force officer - RocketNews

A Democratic congressman had harsh criticism for Polymarket for allowing users to bet on the date the United States would confirm the rescue of Air Force service members shot down over Iran. In a social media post on Friday, Representative Seth Moulton wrote, "They could be your neighbor, a friend, a family member. And people are betting on whether or not they'll be saved. This is DISGUSTING." (President Donald Trump announced early Sunday that the second service member, a weapons system officer, has been rescued.) Moulton also described Polymarket as a "dystopian death market" and noted that Donald Trump Jr. is an investor. The congressman recently banned his staff from participating in prediction markets like Polymarket and Kalshi. Polymarket responded that it had taken the market down "immediately" for not meeting the company's integrity standards. "It should not have been posted, and we are investigating how this slipped through our internal safeguards," the company said. Polymarket previously saw hundreds of millions of dollars traded on contracts tied to the bombing of Iran by the United States and Israel.

Polymarket
RocketNews | Top News Stories From Around the Globe22d ago
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Polymarket took down wagers tied to rescue of downed Air Force officer - RocketNews

I visited Britain's most battered train bridge. No wonder the railways are in chaos

Add Yahoo as a preferred source to see more of our stories on Google. For people living near Watling Street in Hinckley, it's not unusual to be woken in the night by a thunderous bang as another lorry comes to grief at the local railway bridge. This small Leicestershire town is home to Britain's most battered bridge. Surrounded by depots of enormous vehicles, it was struck at least 22 times by lorries and buses throughout 2024 and 2025. Across the country, a railway bridge is hit by a road vehicle every five hours, with about 1,700 strikes on bridges recorded by Network Rail between April 2024 and March 2025. The result was 120 days of delays to train journeys last year and a £23m bill for taxpayers, with each strike costing about £13,000. Some 43 per cent of lorry drivers admit to not measuring their vehicle before setting off and 52 per cent do not take low bridges into account. Outside Hinckley on the A5, heavy goods vehicles of all types, from concrete mixers to delivery vans, push their luck at speed, zooming eye-wateringly close to the underbelly of the bridge that bears the scars of past collisions. Each time one crunches underneath the steelwork, mayhem ensues, with long traffic jams, train delays and debris littering the road, according to residents. "It's a nightmare," one neighbour says. "It's frightening, like a bang or an explosion. It happens all the time, at least once a week." The bridge's luminous yellow-striped warning signs are visibly scarred by scrapes, while the supporting walls are missing large chunks of brick. In the lay-by, splinters and vehicle parts lie scattered through the undergrowth and residents of a nearby caravan park report tables, chairs and even mattresses flying out of lorries. A mother with two young daughters sighs as she recalls how the bangs shake the caravan almost weekly. Chantelle Callton, 35, tells The Telegraph: "Oh my God, it shakes. It's like a bomb's gone off. Everybody speeds down here, so it's very dangerous." The bridge is so notorious that she was warned about it more than six years ago before she moved there. "If we go a week when it's not been hit, we'll say: 'We're due one soon,'" she adds. Dianna Smith, 60, who runs the caravan site with her husband, says her son and his friend had to help a trapped driver out of a lorry in the night. "It's a ticking time-bomb until something bad happens," she adds. "They get that much speed up and don't realise they're too high. One lorry's top was pulled back like a tin opener. They have to stop the trains and it messes everything up." Betty Watton, 44, sitting outside with her two chihuahuas, lives closest to the bridge and says drivers often flee the scene. She says: "One lorry tore the whole top off and just left it in the road, rolled up like a big piece of scrap. One time paint tins spilt and paint went everywhere, but it's mainly parcels." At a nearby depot filled with HGVs and lorries, workers clad in orange hi-vis laugh knowingly at the mention of the bridge. They refuse to speak, but one jokes to another: "How many times have you hit it?" Vehicles over a certain height at the Greenway Environmental depot have to take lengthy detours to avoid the bridge, including driving on to the motorway, the assistant manager says. Another worker suggests it might not be the most strategic location for a lorry depot. "Earlier this year, one was full of papers, cardboard and packaging. When that got ripped apart, it peeled the lid back and paper and card flew everywhere, blocking the street off for quite a while," he says. "There are a lot of industrial sites and major warehouses here. The kind of places that have drivers that are coming here for the very first time. They follow their sat nav, but still... "There are a lot of light-up signs the whole way saying: 'High vehicle. Turn back.' But it's become quite an issue that lorry drivers use their phones while driving." National Highways has planned to lower the road under the bridge since 2023, but critics of the scheme fear it would be complex and lead to flooding. Karen, the landlady of a nearby pub, says road works will only add to the traffic jams blighting her business. With the construction of a new supermarket depot around the bridge, she fears that the problem will not be going away anytime soon.

CHAOS
Yahoo News UK22d ago
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I visited Britain's most battered train bridge. No wonder the railways are in chaos

Mirae Asset, buoyed by 'SpaceX' effect, battles Korea Investment for No. 1 in net profit

Q1 Net Profit Seen at 890 Bln Won for Mirae Asset, 560 Bln Won for Korea Investment Some See One-Off Gains; "Korea Investment Has a Stronger Earnings Base" Attention is focusing on whether Mirae Asset Securities can overtake Korea Investment & Securities to reclaim the top spot in net profit among brokerages. The outlook comes as the firm is expected to post the industry's largest profit on the back of returns from investments in global innovative companies and solid brokerage performance. The last time Mirae Asset Securities ranked No. 1 in net profit was in 2020. Still, Korea Investment remains a formidable rival, suggesting that the earnings race over the remaining nine months of the year will be intense. According to FnGuide, a financial data provider, on March 30, the market consensus for Mirae Asset Securities' first-quarter net profit stood at 886.2 billion won, up 243.2% from 258.2 billion won a year earlier. That is more than 200 billion won higher than the estimated first-quarter net profit of 560.3 billion won for Korea Financial Holdings, the parent of Korea Investment & Securities. While the figures remain forecasts, if realized, Mirae Asset Securities would reclaim the No. 1 spot in first-quarter net profit for the first time in six years since 2020. Competition between Mirae Asset Securities and Korea Investment & Securities, often referred to as the brokerage industry's "big two," has been fierce for years. After its merger with Daewoo Securities, Mirae Asset Securities closely trailed Korea Investment & Securities from 2017 to 2019 by margins of just 20 billion won to 30 billion won, before rising to the top of the industry in 2020 with net profit of 834.3 billion won. However, it surrendered the top spot to Korea Investment & Securities the following year, and then to Meritz Securities in 2023. In particular, in 2023, its net profit fell to 337.9 billion won, dragging it down to seventh place in the industry. In 2024 and 2025, it had to watch Korea Investment & Securities set new records for annual net profit above 1 trillion won in back-to-back years. This year, however, market expectations suggest a different tone. Current estimates put full-year net profit at 2.2097 trillion won for Mirae Asset Securities and 2.0699 trillion won for Korea Financial Holdings. The key driver behind the turnaround is investment in global innovative companies. Since 2022, Mirae Asset Securities, together with affiliates Mirae Asset Capital and Mirae Asset Venture Investment, has invested a total of 610 billion won in three Elon Musk-linked companies: SpaceX, X (formerly Twitter), and xAI. The estimated value of the Mirae Asset Group's holdings in SpaceX and related assets stands at around 1.2 trillion won. SpaceX is targeting a New York stock market listing in June. If its corporate value rises during the initial public offering process, Mirae Asset Securities' valuation gains would also increase. SpaceX was valued at $1.25 trillion, or about 1,880 trillion won, in an assessment tied to its merger with xAI in February. The market expects that figure to rise by more than 40% to as much as $1.75 trillion, or about 2,640 trillion won, after the IPO is completed. Yoon Yoo-dong, an analyst at NH Investment & Securities, said, "In Mirae Asset Securities' case, valuation gains related to the SpaceX-xAI merger are expected to be reflected at around 1.4 trillion won." He added, "As there are no immediate exit plans, the company is expected to recognize valuation gains and losses linked to the stock price after SpaceX goes public." A booming stock market is also working in Mirae Asset Securities' favor. The firm ranks No. 1 in the industry in brokerage market share based on commission revenue, at 11.8%. Its earnings structure means that as stock trading value increases, related revenue rises as well. From January to March this year, through March 26, the stock market's average daily trading value reached 62.5395 trillion won, far exceeding last year's average of 25.6796 trillion won. According to NH Investment & Securities, Mirae Asset Securities' estimated commission profit and loss from brokerage and related businesses this year is 1.714 trillion won, up 44.5% from 1.186 trillion won last year. That is the largest figure among the consensus estimates for brokerages including Korea Investment, Kiwoom and Samsung Securities. Still, Korea Investment & Securities remains a formidable rival. Its affiliate Korea Investment Partners has invested about $35 million in major global unlisted companies including SpaceX, xAI, Anthropic and Lambda, based on estimated won conversions at the time of the Anthropic investment. It also has ample room to grow earnings by identifying high-yield investment assets through IMA issuance. The brokerage's app monthly active users have also risen to 2.65 million, increasing the potential for brokerage revenue growth. Although its first-quarter net profit is expected to trail Mirae Asset Securities, its second-quarter forecast stands at 550.5 billion won on a holding company basis, close to Mirae Asset Securities' 553.2 billion won. In the brokerage industry, analysts see two key factors determining who takes the No. 1 spot in net profit: competition in stock trading value and the size of Mirae Asset Securities' valuation gains from SpaceX. While it is true that Mirae Asset Securities appears better positioned thanks to its higher brokerage market share and larger SpaceX investment, some analysts say Korea Investment & Securities has the stronger foundation for recurring earnings, backed by abundant equity capital, competitiveness in investment banking and strong performance from its asset management business. Ahn Young-jun, an analyst at Kiwoom Securities, said, "Korea Financial Holdings (Korea Investment & Securities) has stronger underlying earnings power, but this year Mirae Asset Securities could significantly narrow the net profit gap thanks to its high retail market share and valuation gains from unlisted investment assets such as SpaceX." He added, "However, valuation gains are highly volatile and largely one-off in nature, so the actual ranking will depend on how much of the asset value is reflected."

xAIAnthropicSpaceX
기술로 세상을 바꾸는 사람들의 놀이터22d ago
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Mirae Asset, buoyed by 'SpaceX' effect, battles Korea Investment for No. 1 in net profit

Polymarket apologizes, takes down wager on US pilot's rescue - Muvi TV

Polymarket apologized and said it took down a market letting users bet on when a U.S. crew member on a plane taken down in Iran would be rescued. That crew member has since been found and is safe, but wounded, President Donald Trump said Sunday. Rep. Seth Moulton, D-Mass., criticized the company for the wager, which he screenshot and posted on X Friday, before the man was located. "They could be your neighbor, a friend, a family member. And people are betting on whether or not they'll be saved. This is DISGUSTING," Moulton said. Moulton added that the president's son, Donald Trump Jr., invests in Polymarket, which he called a "dystopian death market," highlighting concerns that people with private intelligence could use it to take advantage of these wagers. Polymarket and another one of these platforms, Kalshi, have both said they are putting out new restrictions on insider trading. Polymarket responded to Moulton by saying they took the market down "immediately as it does not meet our integrity standards." "It should not have been posted, and we are investigating how this slipped through our internal safeguards," Polymarket said. Still, Moulton noted that there were still bets on the website on if the U.S. would invade Iran, and when the war would end. "Your integrity standards are severely lacking," he said in a quote-tweet of Polymarket's post. In a subsequent tweet, Moulton wrote: "Taking down this particular bet after I called it out can only be the first step, @Polymarket. There are still 219 war bets active on your platform. Remove these immediately." Moulton recently instituted a policy in his office banning his congressional staff from participating in prediction market platforms. This isn't the first time Polymarket has been called out by legislators. Rep. Rep. Ritchie Torres, D-N.Y., introduced the Public Integrity in Financial Prediction Markets Act of 2026 when a Polymarket account turned thousands of dollars in wagers on Venezuelan President Nicolás Maduro's ouster following his capture by U.S. forces. Torres' bill would make it illegal for someone to knowingly engage in a covered transaction if they have nonpublic information relevant to that transcation, or could "reasonably obtain it" while performing their official duties.

Polymarket
Muvi Television Homepage - Latest Local News, Sports News, Business News & Entertainment22d ago
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Polymarket apologizes, takes down wager on US pilot's rescue - Muvi TV

Fiery Inferno: Tanker Accident Sparks Chaos in Fort Worth | Business

A tanker truck carrying 9,000 gallons of gasoline collided with another vehicle in Fort Worth, Texas, causing a massive fire after downed power lines ignited the leaking fuel. The truck driver was critically injured but managed to prevent gasoline from spreading further. A tanker truck filled with 9,000 gallons of gasoline erupted into flames in Fort Worth, Texas, following a collision with another vehicle. The crash occurred near a Valero gas station, resulting in power lines downed by the accident, sparking a massive fire just after 1 am. The tanker's driver, who remains in critical condition, attempted to mitigate damage by ensuring the gasoline did not flow into the gas station's parking lot. Despite his efforts, the fire quickly spread, drawing a rapid response from the Fort Worth Fire Department. Firefighters battled the blaze for hours, using water and sand to contain the situation. By morning, they had brought the situation under control. Eyewitness accounts describe a dramatic scene, showcasing the engulfing flames and intense heat.

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Devdiscourse22d ago
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Fiery Inferno: Tanker Accident Sparks Chaos in Fort Worth | Business

Musk Wants SpaceX IPO Banks to Become Grok Subscribers | PYMNTS.com

By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. But as The New York Times (NYT) reported Friday (April 3), access to the company's long-awaited initial public offering (IPO) comes with a specific demand: Banks, lawyers and other advisers must subscribe to Grok, the AI chatbot from Musk's xAI startup. Some of the banks have agreed to spend millions on Grok subscriptions and have begun integrating it into their IT systems, the report said, citing sources familiar with the matter. NYT noted that while banks find ways to accommodate companies going public, SpaceX is a unique case, as its IPO is expected to be one of the largest on record. The deal was expected to raise more than $50 billion at a valuation of upwards of $1 trillion, meaning banks could realize fees of more than $500 million for advising on the listing, the report added. Sources told NYT that the banks' purchase of Grok's subscriptions came after Musk insisted they sign up. He also asked banks to advertise on social media site X, which is also part of Space X, sources said, adding that the multibillionaire was less insistent on this request. Five banks are expected to take work on the IPO, the report said: Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley. SpaceX acquired xAI in February, a move that Musk has said will allow for solar-powered, space-based artificial intelligence, partially by using designs and strategies developed around SpaceX's broadband satellite systems. Meanwhile, research by PYMNTS Intelligence shows that banks are increasingly embracing AI for a host of different uses. For example the "2025 State of Fraud and Financial Crime in the United States" report, produced in collaboration with Block, found that 70% of financial institutions say AI allows them to blend proactive and reactive defenses against fraud. More recently, PYMNTS looked at the way AI is helping banks make credit card rewards more personal. "I think the real AI revolution in credit cards isn't necessarily happening at checkout," Jeanniey Walden, chief marketing and executive advisor at Rakuten Rewards, said in an interview with PYMNTS. "It's happening in the offers feed." Historically, rewards programs were built around broad categories, such as travel, groceries or dining. While those structures were simple, they were created for a hypothetical "average" cardholder whose spending patterns hardly ever matched reality, Walden said.

xAISpaceX
PYMNTS.com22d ago
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Musk Wants SpaceX IPO Banks to Become Grok Subscribers | PYMNTS.com

Polymarket apologizes, takes down wager on US pilot's rescue - Muvi TV

Polymarket apologized and said it took down a market letting users bet on when a U.S. crew member on a plane taken down in Iran would be rescued. That crew member has since been found and is safe, but wounded, President Donald Trump said Sunday. Rep. Seth Moulton, D-Mass., criticized the company for the wager, which he screenshot and posted on X Friday, before the man was located. "They could be your neighbor, a friend, a family member. And people are betting on whether or not they'll be saved. This is DISGUSTING," Moulton said. Moulton added that the president's son, Donald Trump Jr., invests in Polymarket, which he called a "dystopian death market," highlighting concerns that people with private intelligence could use it to take advantage of these wagers. Polymarket and another one of these platforms, Kalshi, have both said they are putting out new restrictions on insider trading. Polymarket responded to Moulton by saying they took the market down "immediately as it does not meet our integrity standards." "It should not have been posted, and we are investigating how this slipped through our internal safeguards," Polymarket said. Still, Moulton noted that there were still bets on the website on if the U.S. would invade Iran, and when the war would end. "Your integrity standards are severely lacking," he said in a quote-tweet of Polymarket's post. In a subsequent tweet, Moulton wrote: "Taking down this particular bet after I called it out can only be the first step, @Polymarket. There are still 219 war bets active on your platform. Remove these immediately." Moulton recently instituted a policy in his office banning his congressional staff from participating in prediction market platforms. This isn't the first time Polymarket has been called out by legislators. Rep. Rep. Ritchie Torres, D-N.Y., introduced the Public Integrity in Financial Prediction Markets Act of 2026 when a Polymarket account turned thousands of dollars in wagers on Venezuelan President Nicolás Maduro's ouster following his capture by U.S. forces. Torres' bill would make it illegal for someone to knowingly engage in a covered transaction if they have nonpublic information relevant to that transcation, or could "reasonably obtain it" while performing their official duties.

Polymarket
Muvi Television Homepage - Latest Local News, Sports News, Business News & Entertainment22d ago
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Polymarket apologizes, takes down wager on US pilot's rescue - Muvi TV

SA Asks: OpenAI or Anthropic -- which is the better investment?

AI developers OpenAI (OPENAI) and Anthropic (ANTHRO) are both reportedly gearing up for potentially massive IPOs later this year. Microsoft (MSFT) still holds a major stake in OpenAI, while Anthropic counts Amazon (AMZN) and Alphabet ( Analysts favor Anthropic for its lower valuation and unique strengths, though both companies have significant backing and potential. OpenAI is considered highly overvalued and deeply unprofitable, while Anthropic is seen as more fairly valued and possibly on track to profits sooner according to some projections. Major risks include high valuations, expected continued cash burn, uncertain profitability of LLM business models, and potential disputes or regulatory issues (especially for Anthropic).

Anthropic
Seeking Alpha22d ago
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SA Asks: OpenAI or Anthropic -- which is the better investment?

Polymarket apologizes, takes down wager on US pilot's rescue

Polymarket apologized and said it took down a market letting users bet on when a U.S. crew member on a plane taken down in Iran would be rescued. That crew member has since been found and is safe, but wounded, President Donald Trump said Sunday. Rep. Seth Moulton, D-Mass., criticized the company for the wager, which he screenshot and posted on X Friday, before the man was located. "They could be your neighbor, a friend, a family member. And people are betting on whether or not they'll be saved. This is DISGUSTING," Moulton said. Moulton added that the president's son, Donald Trump Jr., invests in Polymarket, which he called a "dystopian death market," highlighting concerns that people with private intelligence could use it to take advantage of these wagers. Polymarket and another one of these platforms, Kalshi, have both said they are putting out new restrictions on insider trading. Polymarket responded to Moulton by saying they took the market down "immediately as it does not meet our integrity standards." "It should not have been posted, and we are investigating how this slipped through our internal safeguards," Polymarket said. Still, Moulton noted that there were still bets on the website on if the U.S. would invade Iran, and when the war would end. "Your integrity standards are severely lacking," he said in a quote-tweet of Polymarket's post. In a subsequent tweet, Moulton wrote: "Taking down this particular bet after I called it out can only be the first step, @Polymarket. There are still 219 war bets active on your platform. Remove these immediately." Moulton recently instituted a policy in his office banning his congressional staff from participating in prediction market platforms. This isn't the first time Polymarket has been called out by legislators. Rep. Rep. Ritchie Torres, D-N.Y., introduced the Public Integrity in Financial Prediction Markets Act of 2026 when a Polymarket account turned thousands of dollars in wagers on Venezuelan President Nicolás Maduro's ouster following his capture by U.S. forces. Torres' bill would make it illegal for someone to knowingly engage in a covered transaction if they have nonpublic information relevant to that transcation, or could "reasonably obtain it" while performing their official duties.

Polymarket
Straight Arrow News22d ago
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Polymarket apologizes, takes down wager on US pilot's rescue

SpaceX's Starship could cut travel time to Uranus in half

Getting to Uranus had always been a fascination for many scientists. However, because of its immense distance from Earth, any mission there was always seen as one that took decades to complete. However, the advent of Starship, the next-generation rocket that SpaceX is currently working on, might put an end to this age-old story. According to recent studies, this revolutionary rocket can potentially shave off almost half of the travel time to the planet, making it a lot easier to reach than ever before.This is due to the special characteristics of Starship. Unlike the normal rocket, the Starship was manufactured to refuel in space orbit. This implies that Starship will have its fuel tank fully loaded once it exits Earth into outer space. As such, it will be faster and more direct when travelling to distant worlds.According to research, 'Starship as an Enabling Option for a Uranus Flagship Mission' conducted by MIT scientists, a starship can be used to fly straight to Uranus within six years, less than half the time of other existing missions.In the same vein, Chloe Gentgen, a research scientist at MIT, stated that "if refuelled in orbit, Starship can launch a spacecraft straight to Uranus".One more advantage is in its weight capacity. Since it is large and powerful, it has the capacity to transport bigger loads to other planets.Uranus lies at a tremendous distance from Earth, 19 times further than our planet from the Sun. Such great distances have always posed the most significant challenge for interplanetary missions. The Voyager 2 probe launched by NASA was the only craft to reach Uranus, spending over nine and a half years just for a flyby manoeuvre.Proposed contemporary solutions have not brought much difference either. Previous designs employing rocket boosters such as Falcon Heavy projected a voyage period of about 13 years, with extensive use of gravity assists from other celestial bodies to save energy.Such prolonged periods not only present practical problems but also raise the cost of missions, pose a risk of losing experienced personnel, and hinder scientific discoveries. As some scientists note, minimising flight duration is crucial for future success.The planet of Uranus has been one of the most under-researched planets in the Solar System up until now. We have gathered only a little information through a fleeting flyover of the planet made almost four decades ago. However, this planet is scientifically very interesting with its sideways orientation, peculiar magnetic fields, and even possible subsurface water oceans on some of its moons. This makes it worth investigating from the point of view of discovering alien worlds.Accordingly, as the debriefed 2022 Planetary Science Decadal Survey via The Planetary Society, a Uranus mission was stated as a top priority for exploration.Reducing the flight time by half can be beneficial in numerous ways. It will speed up scientific discoveries, minimise risks, provide better conditions of observation during particular planetary alignments, and change the way humans explore faraway planets like Neptune and beyond.In many aspects, Starship means more than just a new rocket. If this prediction becomes reality, travelling to Uranus will become much easier.

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The Times of India22d ago
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SpaceX's Starship could cut travel time to Uranus in half

Polymarket pulls Iran rescue bets following political backlash.

There are few things that Polymarket seems to think are too controversial to allow betting on. But apparently, the potential capture or death of an American service member is one of them. The prediction market is already facing pressure from several states and Democrats in Congress. According to CoinDesk: A Polymarket spokesperson said the listing did not meet its integrity standards [and it was] removed shortly after it appeared. The company added that it is reviewing how the market passed internal safeguards.

Polymarket
The Verge22d ago
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Polymarket pulls Iran rescue bets following political backlash.

Polymarket faces fierce backlash over Iran airmen

A Massachusetts congressman called the prediction market page reprehensible after users were allowed to wager on the rescue of two downed American airmen over Iran. Prediction market platform Polymarket has removed a betting page that allowed users to wager on the rescue of two American airmen after their F-15E fighter jet was shot down over Iran pulling the market only after a congressman publicly condemned it. The incident has reignited a fierce debate in Washington over the regulation of prediction market platforms, which have grown rapidly in popularity but remain largely unchecked by federal oversight. What happened over Iran U.S. and Iranian military forces launched a search operation Friday after an American F-15E fighter jet was shot down over Iran. 1 crew member was rescued following the incident, but 2 remains unaccounted for as search efforts continue. Before the situation was resolved, Polymarket one of the most widely used prediction platforms in the world had already hosted a page inviting users to bet on which day the U.S. government would officially confirm the rescue of the 2 airmen. The page drew immediate and intense backlash from lawmakers and the public alike. Congressman calls out the platform Rep. Seth Moulton, D-Mass., was among the most vocal critics, publicly condemning the page on X and calling it reprehensible. He described the servicemembers involved as neighbors, friends and family real people whose lives were being treated as wagering fodder. After the page was removed, Polymarket stated on X that the market did not meet its integrity standards and should not have been posted, adding that the company was investigating how it cleared internal safeguards. The platform also noted it does not profit from geopolitical markets. Moulton, however, pushed back on that explanation in a statement, arguing that the platform removed the page not because it violated internal rules, but because public pressure forced its hand. He also raised a pointed concern about Donald Trump Jr., identifying him as an investor in the platform and questioning whether he may have had access to nonpublic intelligence that could have informed any wagers. A request for comment from Trump Jr. was not immediately returned. A growing push for regulation The episode has added fresh urgency to an ongoing push in Congress to rein in prediction markets. Moulton, who last month became among the first in Congress to ban his staff from using platforms like Polymarket and Kalshi, noted that the number of active bets in Polymarket's war category grew from 219 to 223 in a single day a sign, he said, that the problem is escalating. A group of congressional Democrats introduced legislation late last month that would prohibit prediction markets from accepting wagers on elections, military conflicts and government actions, in addition to sports. The bill represents one of the most sweeping efforts yet to draw legal boundaries around what these platforms can offer. Earlier this year, 6 Democratic senators urged the Commodity Futures Trading Commission to make clear that it would ban contracts tied to an individual's death, warning that such offerings carry serious national security implications. The CFTC itself has been under pressure from multiple directions. This past Thursday, the agency announced lawsuits against 3 states it accused of attempting to undermine its exclusive regulatory authority over prediction markets a development that signals just how contested the legal landscape around these platforms has become. The NFL weighs in The controversy extends beyond politics. The NFL has formally asked prediction market operators to remove specific event contracts the league considers objectionable, including those that could be manipulated, relate to officiating decisions or involve outcomes known in advance. The league's appeal underscores how broadly the concerns about these platforms are spreading from Capitol Hill to America's most-watched sports league. As pressure mounts from lawmakers, federal regulators and sports organizations alike, the question of who governs prediction markets and how is fast becoming one of the most contested issues in American financial and political life.

Polymarket
Rolling Out22d ago
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Polymarket faces fierce backlash over Iran airmen

Epic Heist Fail: Half a Million in Luxury Cars Wrecked in Shocking Street Chaos - Internewscast Journal

A chaotic scene unfolded in New York City as several high-end vehicles, with a combined value of approximately $524,000, were left severely damaged following a failed heist attempt. In the early hours before dawn, at least four luxury cars were found wrecked after a robbery gone wrong at a parking garage on West 43rd Street in Hell's Kitchen, Manhattan. Video footage captured a 2025 white Range Rover Sport Dynamic SE P400, valued at about $95,000, trapped beneath the garage's metal door. The New York Police Department reported to W42st that the vehicle got stuck after the parking attendant lowered the gate during the incident. Nearby, a 2023 blue McLaren Artura, priced between $160,000 and $229,000 according to Autotrader, was discovered battered and perched on a sidewalk outside a FedEx location. A black Mercedes G-class AMG G 63 SUV, typically sold pre-owned for around $180,000, was also involved in the attempted theft, found abandoned on the road but seemingly unharmed. Another car, a white 2018 Volvo XC60 currently selling for around $20,000, sustained damage to the driver side door and a smashed front windshield. 'I came to pick up my car and I saw it on the street,' Hassam Al G, who owns the Volvo, told the outlet. 'I was surprised. There was lots of police activity. They told me there was a robbery inside the garage, and my car was severely damaged.' 'I'm shocked,' he added. Police told the outlet that the suspects fled in a gray BMW which had not been stolen from the garage. Several luxury cars had been targeted in what appeared to be a grand larceny auto operation attempt, but all vehicles were recovered, police said. Forensic teams remained on the scene in the morning and no injuries were reported. As of Sunday afternoon, no arrests were announced and it remains unclear where the suspects fled to. According to one user on Facebook, the particular parking garage has been a target for car thieves before. 'So thankful no one got hurt or worse. This has got to stop,' they wrote. 'It's not the first time that garage has been hit. These guys know what cars are going in and out and when.' The investigation into the incident remains ongoing, according to the Office of the Deputy Commissioner Public Information.

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Internewscast Journal22d ago
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Epic Heist Fail: Half a Million in Luxury Cars Wrecked in Shocking Street Chaos - Internewscast Journal

What is Anthropic changing about OpenClaw use?

Anthropic limits Claude subscriptions from third-party OpenClaw usage Anthropic has introduced a new policy that restricts how Claude subscriptions can be used with third-party AI agent tools -- specifically OpenClaw. The change is intended to better manage capacity and comes after a period of heightened attention on OpenClaw's rapid growth and security concerns. Under the updated terms described in reporting, Claude Pro and Max subscribers will no longer be able to use their flat-rate subscription to run Claude through OpenClaw. Instead, using Claude models via OpenClaw will require additional payment or separate usage-based access starting on April 4 (with a stated start time in Pacific time for one of the policy descriptions). The move shifts OpenClaw usage from being effectively included in subscription coverage to becoming an additional billable path. In practical terms, this means the total cost of using Claude to power agent workflows through an external framework will likely increase for developers and teams that relied on OpenClaw as a way to operationalize coding and task automation. The policy change also reinforces a theme emerging across the AI-agent ecosystem: platforms are trying to distinguish between first-party integrations and third-party tooling that may drive variable compute demand. By limiting subscription inclusions, Anthropic can more directly meter usage and control infrastructure costs. For end users, the impact is mostly financial and operational: existing automations that previously assumed "subscription covers everything" may need to be reconfigured around new pricing or access methods. For the agent tooling ecosystem, it signals that third-party frameworks could increasingly be subject to tighter monetization and access controls from the underlying model providers.

Anthropic
AllToc22d ago
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What is Anthropic changing about OpenClaw use?
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