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- Nvidia Shares Plummet as Board Considers Jensen Huang’s Future as CEO
News that the chip-maker’s board was considering the future of its chief executive, Jensen Huang, drove Nvidia’s stock down and reverberated across global markets. [TheTopNews] Read More.19 mins ago - Scout Motors has 212,000 vehicle reservations as $2 billion South Carolina plant...
Scout Motors has roughly 212,000 reservations for its Terra pickup and Traveler SUV, CEO Scott Keogh told CNBC. [TheTopNews] Read More.1 hour ago - Roehl Offers $10,000 Retention Incentive to Experienced Truck Drivers
What is Roehl’s new $10,000 driver incentive? Roehl Transport is offering a $10,000 retention incentive to experienced Class A CDL drivers who join the carrier beginning November 2, 2026. The limited-time program applies to most Roehl fleets and remains available to qualifying drivers who join through the week of December 14, 2026. Unlike a traditional lump-sum hiring bonus, Roehl will distribute the incentive over time. Eligible drivers receive $500 after completing their first load, followed by another $500 after each 10,000-mile milestone until the full $10,000 has been paid. The Marshfield, Wisconsin-based carrier says the mileage-based structure is designed to encourage experienced drivers to remain with the company rather than rewarding only the initial hiring decision. Why is Roehl increasing driver compensation? The new incentive continues a broader compensation strategy Roehl has pursued throughout 2026. The carrier has already increased company driver pay twice this year and recently raised compensation for owner-operators and lease operators. Tim Norlin, Roehl’s vice president of driver employment, said the company has also expanded retention incentives for existing drivers. Roehl’s approach is intended to reward experience, commitment, and longevity while making the carrier more competitive when recruiting experienced CDL holders. The retention offer arrives as trucking companies compete for qualified drivers while industry capacity tightens. For carriers, keeping experienced drivers can help reduce recruiting costs, maintain customer service, and preserve operational knowledge within the fleet. What other compensation and benefits does Roehl offer? Roehl combines the new incentive with several existing compensation and driver-support programs. The company says its package includes: Address-to-address practical route mileage pay A driver per diem program Free SiriusXM satellite radio Health and other employee benefits A driver wellness program Multiple fleet and home-time configurations Roehl operates national, regional, and dedicated fleets. According to the company, more than half of its drivers are home at least once each week, although individual schedules depend on fleet assignment, freight, and location. What other driving opportunities are available? Roehl also recruits people who do not yet have commercial driving experience. The company provides paid CDL training for new drivers who qualify, offering a path into professional trucking without requiring prior Class A experience. For drivers interested in becoming business owners, Roehl offers a lease-purchase program. The carrier therefore recruits across several career stages, from new CDL candidates to experienced company drivers and independent operators. Roehl will mark 65 years in business… [TheTopNews] Read More.3 hours ago - Want to Short a Stock? Kalshi and C.T.F.C. Allow It as ‘Perpetual Trades.’After a federal regulator allowed wagering on stocks and cryptocurrencies, two powerful trading clearinghouses filed lawsuits saying traders would not be properly protected. [TheTopNews] Read More.3 hours ago
- Democratic senators demand NVIDIA records from Trump administration over alleged...
Two Democratic senators are demanding that the Trump administration preserve records related to NVIDIA following reports that the company's CEO had a relationship with a suspected Chinese spy.Sens. Elizabeth Warren, D-Mass., and Chris Coons, D-Del., sent a letter Wednesday to Secretary of State and National Security Advisor Marco Rubio, White House Chief of Staff Stephen Miller and Commerce Secretary Howard Lutnick, calling on the administration to preserve documents, communications and other records related to NVIDIA's exports of advanced AI chips to China and potential national security risks.The request comes days after NVIDIA's embattled CEO Jensen Huang acknowledged that he had been unfaithful to his wife in a relationship involving a woman described in reports as a suspected Chinese intelligence operative.Huang's admission followed reports linking him to Megaspeed executive Alice Huang, who has been described as an alleged Chinese intelligence asset.NVIDIA PREPARING TO REPLACE CEO JENSEN HUANG AS SECOND ALLEGED AFFAIR EMERGES: REPORTThe letter adds to mounting scrutiny over the administration's handling of NVIDIA chip exports and the allegations surrounding Huang, as Democratic lawmakers question what senior officials knew about the reported intelligence concerns and how they responded.Warren and Coons said their inquiry followed reporting that senior Trump administration officials were aware of intelligence suggesting Huang had a relationship with a suspected Chinese intelligence operative, raising questions about whether appropriate national security precautions were taken."This incident raises significant concerns about the federal government's ability to effectively enforce our export controls and protect our national security," the senators wrote."Reports suggest that officials within the government – including at the White House, State Department, and Commerce Department – were aware of concerns about NVIDIA, its relationship with Megaspeed, and the suspected Chinese intelligence operation, yet did not move to block the continued flow of advanced AI chips to Megaspeed or other companies affiliated with the suspected operative," they continued.NVIDIA STOCK FACES RARE DOWNGRADES AS BOARD INVESTIGATES CEO JENSEN HUANG'S ADMITTED AFFAIRThe senators also questioned whether "prudent defensive counter-intelligence action was taken or national security recommendations were overruled."Megaspeed, the lawmakers noted, is a Singapore-based company that has reportedly purchased more than $4.8 billion in advanced NVIDIA AI chips since June 2024.The senators also cited reports that Megaspeed is under investigation by the Department of Justice for "potentially diverting advanced AI chips to China in violation of U.S. export controls."They further pointed to reporting that a separate Commerce Department investigation involving the company was altered… [TheTopNews] Read More.5 hours ago - UK economy grows at fastest rate for more than two years
The UK economy grew by 0.7% in the three months to September, according to official figures. [TheTopNews] Read More.6 hours ago
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