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Anduril to take over Microsoft’s $22 billion U.S. Army headset program newsthirst.

Palmer Luckey, founder of Oculus and Anduril Industries, speaks during The Wall Street Journal’s WSJ Tech Live conference in Laguna Beach, California on October 16, 2023. Patrick T. Fallon | AFP | Getty Images Anduril Industries, Palmer Luckey’s defense-tech startup, will take over Microsoft‘s multibillion-dollar augmented reality headset program with the U.S. Army, the companies…

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Australia ‘killing’ US manufacturing with aluminium imports, Trump’s trade adviser says | Donald Trump newsthirst.

Donald Trump’s trade adviser claims Australia is “crushing” and “killing” America’s manufacturing sector with its imports of aluminium, as the Albanese government scrambles to try to secure exemptions to the president’s 25% tariffs on metal. Anthony Albanese said he was still hopeful the local steel and aluminium industry could be spared from the tariff regime,…

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Goldman Sachs axes diversity rule that has ‘served its purpose’ newsthirst.

Simon Jack and Dearbail Jordan Business editor and business reporter, BBC News BBC Goldman Sachs International’s chief executive Richard Gnodde Goldman Sachs’ international boss has said the bank ditched an internal diversity rule that barred it from advising all male, all white boards on company flotations because it was no longer needed. The investment bank…

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Trump reportedly fires watchdog who oversees USAid after damning report | Trump administration newsthirst.

Donald Trump reportedly fired the federal watchdog responsible for overseeing the US Agency for International Development (USAid) on Tuesday, one day after the independent inspector general issued a damning report detailing the impact of the president’s sudden dismantling of the agency. Paul Martin, who was appointed by Joe Biden in December 2023, was dismissed in…

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Bank stocks set to do ‘pretty well’ under Trump 2.0, investor says, naming his favorites newsthirst.

Investment bank stocks are set to benefit from the Trump presidency, according to investor Kingsley Jones, who said it was time for financials to “step up.” Speaking to CNBC’s Martin Soong, the Australian investor struck a bullish tone on the outlook for stocks as U.S. President Donald Trump’s second term gets underway. “Wall Street, in…

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