• Anthropic acquired startup Coefficient Bio for more than $400 million to bolster its AI capabilities amid recent challenges like a source code leak.
• The deal follows Anthropic's npm packaging error exposing Claude Code's source code, including memory architecture and model roadmap.
• This acquisition strengthens Anthropic's position despite setbacks, potentially aiding future developments in autonomous AI features.
• Arm debuted its first in-house AI chip, the AGI CPU, optimized for large-scale data center workloads.
• Early adopters Meta and OpenAI plan to deploy the chip for advanced AI training and inference.
• The launch advances Arm's push into AI hardware amid US-China chip tensions.
Catholic Timothy Broglio says ‘hard to cast this war as something that would be sponsored by the Lord’The leader of all Catholic chaplains in the United States’ armed forces has questioned how righteous the US military’s campaign in Iran is, saying that “under the just war theory – it is not”.Archbishop Timothy Broglio, head of the Catholic Archdiocese for the Military Services USA, told CBS News in an interview set for broadcast Sunday that while Iran “was a threat with nuclear arms”, waging war on the theocratic state constituted “compensating for a threat before the threat is actually realized”. Continue reading...
• QMusic CEO Kris Stewart resigned suddenly on April 3, 2026, following board accusations of improprieties in awarding lucrative media contracts for major events.
• The resignation highlights governance issues in the music industry organization.
• Stewart's departure raises questions about transparency in entertainment event deals.
• Amazon is expanding its Alexa+ AI assistant to web platforms, moving beyond device-only deployment and positioning itself to compete directly with ChatGPT and Google Gemini.
• The expansion reflects Amazon's strategic shift toward agentic AI workflows, enabling Alexa+ to perform complex tasks across web and mobile interfaces.
• The move signals intensifying competition among major tech companies to build comprehensive AI assistants that operate across all user touchpoints and verticals.
• Visa unveiled six AI-driven tools to automate charge dispute management for issuers, acquirers, and merchants, reducing manual reviews and fraud losses.
• The tools, launched yesterday, aim to accelerate resolution processes across US payment networks.
• This upgrade positions Visa at the forefront of AI-enhanced fintech security and efficiency.
• The FDA has awarded breakthrough device designation to more than 1,200 experimental devices, including AI innovations, since 2016.
• Evolving FDA criteria reflect accelerating AI integration in US health tech approvals.
• Program speeds market access for transformative devices addressing unmet medical needs.
Over 20 attorneys general challenge the executive order and say it’s an unconstitutional move to disenfranchise votersMore than 20 Democratic attorneys general filed a lawsuit Friday challenging Donald Trump’s Tuesday executive order to restrict who can vote by mail.In his order, Trump directed the US Postal Service to abstain from sending mail-in or absentee ballots to people who are not on a pre-ordained list of eligible citizens. Continue reading...
Met police investigate incident, removing five officers from frontline duties after member of the public discovers items Armed police officers protecting the London mayor, Sadiq Khan, allegedly left a bag containing guns and a Taser on the street which was discovered by a member of the public.The Metropolitan police said on Friday it was investigating the incident and five officers had been removed from frontline duties while inquiries were being carried out. Continue reading...
Democrat Tammy Duckworth writes letter to TSA calling on agency to reinstate the shoes-off airport security policyNine months after US airports allowed passengers to pass through scanners without taking off their shoes, rescinding the stringent policy after almost two decades, a top senator claimed the “reckless” move could put passengers in danger.The policy amounts to a “potentially catastrophic security deficiency”, according to Tammy Duckworth, Democrat for Illinois, and ranking member of the Senate commerce, science and transportation (CST) aviation subcommittee. Continue reading...
Veteran justice, 76, was treated for dehydration in March; a retirement would give Trump new chance to shape courtUS supreme court justice Samuel Alito was reportedly taken to a hospital after becoming sick at a Federalist Society dinner in Philadelphia in March, further fueling speculation that Donald Trump could have more chances to shape the land’s highest court through new appointments.A CNN report said Alito was checked by medical staff and given fluids due to dehydration. He later returned to his home in Virginia that same night with his security detail. In the weeks since, Alito has resumed his duties, including participating in oral arguments. Continue reading...
Dayton Webber is accused of shooting Bradrick Michael Wells twice in the head during an argumentA quadruple amputee professional cornhole player acted in self-defense when he shot and killed a passenger in his Tesla during a heated argument, his attorney has said.Dayton Webber, 27, appeared in Charles county district court via videoconference for a bail review Wednesday, where judge Patrick Devine noted that he left Maryland after the 22 March shooting of 27-year-old Bradrick Michael Wells. Devine ordered Webber to remain jailed without bail. Continue reading...
• The Federal Reserve maintained the federal funds rate unchanged at 3.5%–3.75% during its March 2026 meeting, marking the second consecutive session without adjustment.
• Policymakers cited solid economic expansion despite subdued job gains and elevated inflation above target levels.
• The decision reflects caution amid global volatility, including Middle East conflicts driving oil prices up over 40% and renewed US trade frictions.
• The US Labor Department reported that employers added 178,000 jobs in March 2026, significantly surpassing economists' expectations of 60,000 jobs polled by LSEG.
• The unemployment rate declined to 4.3% from 4.4% in February, lower than the projected 4.4%, with January revised up to 160,000 jobs and February down to 133,000.
• This rebound follows February's unexpected job losses and signals labor market resilience despite geopolitical tensions and economic uncertainty.
• SpaceX confidentially filed for a U.S. initial public offering on Wednesday, April 2, 2026, signaling major movement toward going public.
• The aerospace company is targeting a $1.75 trillion valuation in the IPO, reflecting investor confidence in the commercial space sector.
• The filing comes as Elon Musk's companies face increased market scrutiny, with analyst focus expected to intensify on SpaceX developments.
• Commercial property insurer FM Global announced April 2, 2026 that the Financial Times has recognized it as one of The Americas' Fastest-Growing Companies of 2026.
• The Johnston, Rhode Island-based insurer joins other leading regional companies on the prestigious FT list recognizing high-growth businesses.
• The recognition highlights FM's strong business performance and market position in the competitive commercial property insurance sector.
• The US stock market has risen 16% over the past year with earnings forecasted to grow 15% annually, though the market remained flat in the past week, creating opportunities for value-focused investors.
• Analysis identified 10 top undervalued stocks trading at approximately 49% discounts to their estimated fair values, including Vertex (49.8% discount), Nutanix (49.9% discount), and Roku (49.4% discount) based on cash flow assessments.
• Stocks like Uranium Energy (49.2% discount), iRhythm Holdings (48.8% discount), and BillionToOne (49.5% discount) also appeared significantly undervalued, suggesting potential growth opportunities despite broader market volatility.
• US stock markets experienced sharp volatility in March 2026, with equities approaching correction territory before a month-end rally as oil prices surged significantly, driven by geopolitical events shaping the economic outlook.
• Energy emerged as the strongest-performing sector, driving value stocks to materially outperform growth peers, while bond markets showed less stability than expected as inflation concerns contributed to higher rate volatility.
• Despite market weakness and narrowing leadership, corporate profit expectations remained resilient with consensus earnings forecasts pointing to healthy growth in 2026, suggesting the selloff was driven by valuation reassessment rather than earnings deterioration.