Lenovo profits soar past expectations on AI computers, servers and services

The Internal Revenue Service’s overall improper payment rate on tax breaks like the Earned Income Tax Credit increased from 21.9% in fiscal year 2024 to 26.5% in FY 2025 and the total estimated improper payments amounted to approximately $28.1 billion, according to a new report. Processing Content The report, released last week by the Treasury…

The investment bank provides a boost to Europe’s energy sector with a massive export credit framework for Enel. Citi is once again using export credit agencies as a financing engine for Europe’s energy transition. The investment bank announced Thursday that it served as sole global coordinator on a €1 billion export financing framework for Rome-based…

Business Published: Wednesday, August 5, 2026, 17:52 [IST] State-owned NBCC (India) Ltd, a Navratna public sector enterprise under the Ministry of Housing and Urban Affairs, has secured fresh domestic work orders worth Rs. 801.20 crore. The biggest order which is valued at Rs. 780.38 crore, has been awarded by the Reserve Bank of India (RBI)…

Meta must pay a total of $942 million to address harm caused to children on its platforms, a New Mexico judge ruled Thursday. A jury in March found Meta liable for failing to protect kids and approved a $375 million fine. New Mexico state Judge Bryan Biedscheid issued a ruling Thursday ordering the company to pay…

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. As corporate spending on artificial intelligence mushrooms, fewer dollars are being allocated to learning and development, new research finds. In a survey of 600 human resources leaders by Careerminds, 82% said AI can replace at least some…

Hanging On To The Teradata Rollercoaster