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The company lowers its debt-to-equity ratio to 0.1 times over the period due to the repayment of debt[SINGAPORE] Semiconductor testing equipment manufacturer AEM Holdings reported a 42.9 per cent year-on-year rise in its bottom line for the first quarter of FY2025 ended March as net profit margin improved.In a bourse filing on Tuesday (May 13), the group announced a net profit of S$3.3 million translating to a margin of 3.9 per cent for the period, compared with that of S$2.3 million and 2.5 per cent for Q1 FY2024.However, revenue was 8.7 per cent lower at S$86 million against S$94.2 million…

​ Cisco to work with BlackRock, Global Infrastructure Partners, MGX, Microsoft, NVIDIA and xAI to accelerate innovation and scaling of AI data centers SAN JOSE, Calif., May 14, 2025 /PRNewswire/ — Cisco today announced that it will collaborate with the AI Infrastructure Partnership (AIP), which is led by BlackRock, Global Infrastructure Partners (GIP), MGX, Microsoft, NVIDIA and xAI. Cisco’s addition as a technology partner to AIP, alongside previously announced energy collaborations with GE Vernova and NextEra Energy, further strengthens the AIP platform as it seeks to invest in secure, efficient and scalable infrastructure to support AI workloads. AIP will initially seek…

Laken Litman College Football & Soccer Analyst Editor’s Note: USWNT Footnotes takes you inside the major talking points around the U.S. women’s national team, the NWSL, European leagues, and all across American women’s soccer.Alex Morgan may have retired from playing soccer last year, but she hasn’t stepped away from the game by any means. This week, the two-time World Cup champion and Olympic gold medalist became the newest minority investor in her former club, San Diego Wave FC.”San Diego is where I’ve built my home, where I am raising my children, and found a purpose beyond my playing career,” Morgan said…

CBS News got a rare look inside a new U.S. Immigration and Customs Enforcement detention center in Newark, New Jersey, where Newark Mayor Ras Baraka was arrested last week. Baraka was charged with trespassing and was taken into custody during his visit to the ICE detention center on Friday. He was later released and said he did not do anything wrong. Baraka said he was not at Delaney Hall to protest but to show support for members of a New Jersey congressional delegation visiting the facility.Acting ICE director Todd Lyons gave CBS News its own guided tour this week of Delaney Hall — a…

A new information resource for launching and scaling a business has published its latest guidance on personalizing emails using AI. Memphis, United States, May 13, 2025 — Business Startup Support has released its latest in-depth piece covering email marketing, specifically how to personalize it using generative AI. According to the resource, the article is timely, as the use of generic email blasts is waning due to technology and changing consumer behavior. More information is available at https://businessstartupsupport.com/ai-improves-email-marketing-with-personalization-techniques/ Shopify’s research found that, in 2024, email users reached 4.48 billion globally, and this figure is expected to increase further based on predictions.…

Advocates for private-school choice celebrated this week as a federal schools voucher bill moved closer to becoming law, a major milestone that eluded their movement during President Trump’s first term.The House Republican budget proposal that advanced on Monday would devote $5 billion to federal vouchers for private-school tuition, home-schooling materials and for-profit virtual learning.The program in the budget bill could bring vouchers to all 50 states for the first time, including Democratic-leaning ones that have long rejected the idea.Supporters hailed the proposal as “historic” and a “huge win,” but some cautioned that there was still much legislative haggling ahead.“Ultimately, every…

CHARLESTON, S.C. — The family of a former Boeing quality control manager who killed himself after lawyers questioned him about his whistleblowing on alleged jumbo jet defects has settled a lawsuit against the aircraft maker.Details of the settlement over John Barnett’s death were not disclosed in a court filing Monday.Barnett, a longtime Boeing employee, shared his safety concerns with journalists after he retired in 2017. He said he once saw discarded metal shavings near wiring for the flight controls that could have cut the wiring and caused a catastrophe. He also noted problems with up to a quarter of the…

The Trump administration committed to new investments with Saudi Arabia on Tuesday, announcing the plan for industries in both nations to spend $600 billion on items like technology infrastructure, among others.President Donald Trump and Crown Prince Mohammed bin Salman signed an agreement of strategic economic partnership, which was secured in a meeting in Saudi Arabia. Private sector companies headquartered in both countries are leading the investments, with the Saudi Arabian-based DataVolt investing $20 billion in constructing AI data centers and energy infrastructure within the United States.American companies like Google, Oracle, Salesforce, Advanced Micro Devices and Uber also committed $80 billion in…

Nate Holden, a Democrat known for his bombast and populist politics, who served on the Los Angeles City Council for 16 years and had a cameo in the 2024 presidential race, when Donald J. Trump confused him with another Black California official, Willie Brown, died on Wednesday in Santa Monica, Calif. He was 95.His death, in a hospital, was confirmed by his son Christopher, a former State Assembly member and Pasadena mayor.Mr. Trump told reporters in August about taking a near-fatal helicopter trip with Mr. Brown, the former San Francisco mayor, during which he claimed Mr. Brown told him “terrible…

Estate taxes can significantly impact the distribution of your assets after you pass away. Without proper planning, your loved ones may be burdened with hefty tax bills and face difficulties inheriting what you intended. That’s why it’s essential to understand the role of estate tax attorneys and how they can help you navigate the complexities of estate tax planning. In Woburn, estate tax attorneys play a vital role in helping individuals create comprehensive estate plans that minimize tax liabilities and ensure the smooth transfer of assets to their intended beneficiaries. Estate tax attorneys in Woburn from maheritagelawcenter.com can be a…