Posts by Liam Redmond
Oil extends declines as investors await outcome of US-Iran talks
Published Wed, Aug 5, 2026 · 06:08 AM — Updated Wed, Aug 5, 2026 · 01:05 PM [SINGAPORE] Oil extended declines on Wednesday (Aug 5) after steep falls in the previous two trading sessions, as investors waited to see if efforts to end the Iran war and restore traffic through the blockaded Strait of Hormuz were making…
Read MoreEurope’s Stoxx 600 closes at record high as earnings, tech gains lift sentiment
Published Wed, Aug 5, 2026 · 05:55 AM EUROPE’S Stoxx 600 closed at a record high on Tuesday (Aug 4), lifted by gains in technology stocks and a slate of corporate earnings updates that helped boost sentiment, while falling oil prices provided further support. The pan-European Stoxx 600 index was up 0.7 per cent to 656.86…
Read MoreUS stocks: Dow, S&P 500 close at record on AI-linked earnings, Middle East deal hopes
Published Wed, Aug 5, 2026 · 05:49 AM [NEW YORK] The S&P 500 and the Dow closed at record highs on Tuesday (Aug 4), powered by the latest batch of earnings from AI-related companies such as Caterpillar and Palantir that assuaged demand concerns, while crude prices and Treasury yields dropped on hopes for a deal…
Read MoreNYU student accused of raising swastika flag at campus site dedicated to Jewish donor shows face in Manhattan court
Here is the first look at the preppy NYU student from Connecticut accused of raising a flag bearing two swastikas next to a Star of David at a campus building dedicated to a Jewish donor. Alexander Stepnowsky, 23, wore a baby-blue button-down shirt and tan khakis to his routine preliminary Manhattan court hearing Tuesday in…
Read MoreMore commercial ships attacked in Middle East, threatening Strait of Hormuz deal with Iran
WASHINGTON — Fresh attacks on commercial shipping and Iranian demands to charge fees in the Strait of Hormuz are threatening the progress of a potential breakthrough deal with Iran to reopen the Strait of Hormuz. A commercial ship sailing near Oman was struck by an unidentified projectile in the latest attack early Tuesday, according to…
Read MoreAI Profit Surge Fuels Bigger Bonus Demands at SK Hynix
The artificial intelligence (AI) memory industry is booming, and SK Hynix is seeing record profits, but employees are demanding that the company keep paying them more in cash instead of stock, even as they debate whether to allocate a greater percentage of payments to stock. According to The Korea Herald, the company would meet with…
Read MoreMax Miller is the GOP’s Graham Platner — and Republicans must draw a line
Washington is the hardest city in the world in which to keep a secret, as Rep. Max Miller now knows all too well. Rumors have reverberated on Capitol Hill for years that domestic violence allegations against the two-term Ohio Republican would soon explode. Now they’ve hit the fan, in the ugliest imaginable way — and…
Read MoreMutant creature ‘Jimothy’ with horrific disfiguration reemerges from the shadows
Seattle’s most famous “mutant” resident, the raccoon whose twisted spine set the internet ablaze, has emerged from the shadows to surprise a suburban backyard. Viral sensation Jimothy, as he’s been named by the adoring public, was spotted by locals in a backyard as he drank water from a bowl. The online fans were quick to…
Read MoreJuly Jobs Report: Hiring Slows to a 10-Month Low
The July jobs report landed on August 1, and it was soft. U.S. employers added just 73,000 jobs last month, the smallest gain in ten months. The unemployment picture held roughly steady, but the pace of hiring clearly cooled. For founders, a print like this is a planning signal, not a reason to panic. A…
Read MoreDeepSeek V4 Puts Frontier AI Within Reach for Lean Teams
Cost is often the quiet blocker for founders who want to build with AI, and DeepSeek V4 keeps chipping away at it. Released in general form in mid-July, the Chinese lab’s latest models pair near-frontier ability with prices that read like a rounding error next to the big US providers. For a lean team, that…
Read MoreAI Sales Coaching Goes Real-Time as Othello Raises $6.85M
Closing deals is a skill, and now the coaching can happen live. Othello just raised $6.85 million to bring AI sales coaching into the call itself, nudging reps in real time as the conversation unfolds. The company, founded in 2025 by Jared Zelman, pulled the round from thirty-five investors. For a growing team, that timing…
Read MoreBusiness Fraud Prevention: Baselayer Raises $20M for AI Checks
Fraud is one of those risks that feels distant until it lands on your desk, which is why Baselayer’s fresh $20 million Series A puts business fraud prevention back on every founder’s radar. The New York company builds artificial intelligence that confirms whether a business is real and safe to work with, and its August…
Read More