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- A Scorecard for Huang’s Exit From Nvidia
The ouster of Jensen Huang from the chipmaker he helped found is reverberating throughout Silicon Valley, Washington and beyond. [TheTopNews] Read More.10 mins ago - Jensen Huang’s Fall Costs Asia an A.I. Ambassador to the U.S.The ex-Nvidia C.E.O. was a bridge between companies and governments. His exit will reverberate, especially in China where it could accelerate a self-reliance drive. [TheTopNews] Read More.39 mins ago
- Microsoft Outlook returns for some as millions of users face second day of outag...
Microsoft's suite of workplace products — including its Outlook email service and Copilot AI assistant — remained severely disrupted Friday as a global outage dragged into its second day, hampering everyday operations for major businesses and millions of users worldwide.Microsoft ruled out the possibility of a hack or other foul play being responsible for the outage, saying "we have no evidence of malicious activity associated with this incident."In morning service updates at 6 a.m. and 7 a.m. ET, Microsoft said it was seeing recovery progress across Europe and the Asia Pacific region, noting that Japan remained "comparatively more stable."Services in North America were also improving by 7 a.m., though the company cautioned that "some users may still experience intermittent issues as recovery actions continue."The disruption began Thursday afternoon and crippled Exchange Online, the underlying engine that powers Microsoft's email infrastructure.As of Friday morning, many Outlook users were still unable to access their inboxes or send and receive emails Friday morning as engineers worked to clear email queues and backlogs.Microsoft said it extended its email timeout window to 48 hours to protect delayed messages while services recover. Normally, if an email cannot be delivered within a standard window, mail servers give up and bounce the message back to the sender.That gives emails caught in the backlog since the outage began Thursday afternoon until at least Saturday afternoon to reach recipients once systems recover.Outlook, of course, is used for far more than email, with users reporting disruptions to key scheduling and productivity tools. This includes viewing calendars, sending meeting invites or editing existing events. [TheTopNews] Read More.1 hour ago - The estate planning step many families overlook – and why it mattersAmerican households can avoid common estate planning pitfalls by ensuring they have conversations about how the process will play out upon a loved one's death.Lorne Maltenfort, national director of private wealth planning at Wells Fargo, told FOX Business that there are two parts, in particular, of a wealth transfer to understand."There's the documents and preparing the documents and making sure that they're in place, and then there's the second half, which is conversations that are traditionally not happening," he said.Maltenfort said that it's important to shift from "documents to dialog, and then dialog to action in order to prevent these pitfalls or gaps in wealth transfer."Maltenfort said that the estate planning process should begin with creating an inventory of assets and drafting the documents, along with the knowledge of the plan's goals and objectives and that the process "doesn't end with a signature, it ends when the assets are transferred, retitled, confirmed and most importantly, understood."WHAT WALL STREET'S TECH STOCK SELL-OFF MEANS FOR YOUR 401(K)He added that typically when understanding breaks down among people who are party to an estate plan, it can be a fault of the system "where perhaps people are talking about this and assuming people are understanding, rather than really coaching people in ways that resonate," which can include things like visuals or other ways of depicting how wealth is transferred."Having the conversations after a death are oftentimes the worst times, that's where people are vulnerable, they're dealing with grief," Maltenfort said. "You really don't want to have to think about: Is the plan in place? Are there going to be taxes, estate taxes? What are the consequences of the transfers? Is it fair, is it equitable?"HOW MUCH INCOME AMERICANS NEED TO RETIRE COMFORTABLY IN EVERY STATEMaltenfort thinks one of the reasons that people are reluctant to have discussions about estate planning is because "they think the wealth transfer is about a dollar amount.""While there are dollars transferring, it's really about the shared values, the family legacy, the financial security. Those are the things where you can start the conversations with your kids and grandkids about your wealth transfer plan and not necessarily focus on a dollar amount," he said, adding that a lot of parents are afraid of over-promising and under-delivering in terms of the dollar amounts."You can promise X amount of dollars, what happens if there was a long-term care event where those dollars… [TheTopNews] Read More.1 hour ago
- Looking Past Nvidia Turmoil, Stocks Log Best Week in MonthsA drop in Nvidia shares after the ouster of the company’s chief executive has not spread to the rest of the market, as artificial intelligence stocks have broadly risen. [TheTopNews] Read More.2 hours ago
- Ford opens massive new archive putting over a century of automotive history on d...Ford Motor Co. is opening the doors to a massive new archive outside Detroit, bringing roughly 150 historic vehicles, concept cars and racing machines under one roof.The 79,000-square-foot Ford Vault opens Friday and consolidates vehicles previously stored across several locations in southeast Michigan, giving employees and visitors a firsthand look at more than a century of the automaker's history."It's going to be a spectacular place for people to come and visit," Ted Ryan, Ford's archives and heritage brand manager, told FOX Business ahead of the opening.The collection includes a 1910 Model T, World War II-era military vehicles, concept vehicles, a Formula One race car and a 10-cylinder Mustang, he said.FORD UNVEILS 2027 F-150 WITH HANDS-FREE TOWING, FIRST-EVER CARHARTT EDITIONRyan said Ford began building out its U.S. heritage fleet about three years ago after CEO Jim Farley pushed the company to develop a collection similar to ones it maintained overseas.Ford ultimately gathered more than 60 concept vehicles, roughly 50 racing vehicles and dozens of others from its archives, bringing the collection to about 150 vehicles.Previously stored across multiple locations, including the garage at Ford's former headquarters, the vehicles are now being brought together at the Vault.Among them is a 1941 Ford GP, an early military vehicle tied to Ford's role in America's World War II industrial effort.Ryan said Ford went on to build roughly 282,000 GPWs during the war.FORD RECALLS MORE THAN 40,000 TRUCKS AND SUVS OVER VISIBILITY RISKAnother standout is a 1998 Stewart Formula One car, a reminder of Ford's long history in motorsports.Other vehicles showcase some of Ford engineers' more unusual creations."Some of our crazy smart engineers figured out how to make a 10-cylinder car, but then how to cram it into a Mustang and a Mustang body. And so it's just insane," Ryan said.But the Vault isn't intended only to preserve Ford's past. Ryan said the collection can also serve as inspiration for today's designers and engineers."It matters because to look forward, you always have to know where you've been," Ryan said.He pointed to vehicles such as the Bronco and Mustang, saying designers can study what made earlier generations distinctive without simply recreating them.FORD’S US MANUFACTURING EXPANSION TO BRING ‘THOUSANDS AND THOUSANDS OF JOBS,’ LUTNICK SAYSUpon entering, visitors will be greeted by two Ford GTs and a 1910 Model T, followed by rows of vehicles spanning generations of Ford history.GET FOX BUSINESS ON THE GO BY CLICKING HERE"It's… [TheTopNews] Read More.2 hours ago
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