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Ault Milton C III buys Universal Safety Products (UUU) stock worth $147k

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GM lays off 500-600 salaried IT workers to cut costs

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GM lays off 500-600 salaried IT workers to cut costs

The General Motors global headquarters in Detroit, Jan. 12, 2026.

Jeff Kowalsky | Bloomberg | Getty Images

DETROIT – General Motors is laying off hundreds of salaried employees in its information technology operations as the automaker reevaluates its workforce needs and cuts costs, CNBC has learned.

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The global reductions began Monday and will impact about 500 to 600 employees, largely in Austin, Texas, and Warren, Michigan, according to a person familiar with the plans who was not authorized to speak publicly about the reductions.

GM confirmed the cuts, which were first reported by Bloomberg News, but declined to give specific details about the actions.

“GM is transforming its Information Technology organization to better position the company for the future. As part of that work, we have made the difficult decision to eliminate certain roles globally. We are grateful for the contributions of the employees affected and are committed to supporting them through this transition,” the automaker said in an emailed statement.  

GM reported employing about 68,000 salaried workers globally as of the end of last year, including 47,000 white-collar employees in the U.S.

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Despite Monday’s cuts, GM still is still hiring IT workers. The company has 82 open IT positions that include positions working in artificial intelligence, motorsports and autonomous vehicles, according to the automaker’s careers website.

The Detroit automaker in recent years has routinely re-evaluated its salaried workforce, based on expected needs and skill sets. In October, GM laid off more than 200 Computer-Aided Design, or CAD, engineers due to “business conditions.”

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Gordon Chang calls Chinese EVs ‘rolling spy machines’ before Trump-Xi talks

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Gordon Chang calls Chinese EVs 'rolling spy machines' before Trump-Xi talks

President Donald Trump’s upcoming meeting with Chinese President Xi Jinping is drawing renewed attention to concerns that Chinese electric vehicles entering North America through Canada could pose national security risks inside the United States.

Gatestone Institute senior fellow Gordon Chang joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to discuss tensions surrounding China’s trade practices, energy policy and Beijing’s growing EV footprint ahead of the high-stakes Beijing meeting.

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BYD's Shenzhen car carrier.

China’s BYD Shenzhen car carrier docked to load electric vehicles for export. (CN-STR / AFP / Getty Images)

The discussion comes as lawmakers push legislation aimed at blocking Chinese electric vehicles from entering the U.S. market, citing concerns over surveillance technology and connected-vehicle systems capable of collecting sensitive data.

Sen. Bernie Moreno, R-Ohio, warned that the vehicles function as “little Trojan horses” because of the amount of information they can collect and transmit.

“These cars have lots of cameras. They send back data to the Communist Party and can be remotely controlled by the Communist Party,” Moreno said during a recent appearance on “Sunday Morning Futures.”

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AI EXPOSES HIDDEN RISKS IN US MILITARY SUPPLY CHAIN TIED TO CHINA

Chang expanded on those concerns, warning that Canada’s decision to lower tariffs on some Chinese EV imports could create another pathway for the vehicles to reach the United States.

“We should not allow Canadians to drive their Chinese EV across our border into our country because China will be able to surveil the United States with the Canadian cars,” Chang said.

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GORDON CHANG: US SHOULD EXPAND SANCTIONS ON CHINA-LINKED NETWORKS TO HIT IRAN OIL REVENUE

Chang also described Chinese EVs as “rolling spy machines,” arguing that the issue underscores broader tensions between Washington and Beijing ahead of Trump’s expected meeting with Xi later this week.

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Elon Musk and Tim Cook among CEOs expected to accompany Trump on China trip

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Elon Musk and Tim Cook among CEOs expected to accompany Trump on China trip

A total of 17 US executives are set to join the president on his visit, where he will meet his Chinese counterpart Xi Jinping.

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Tostitos to launch guacamole dip

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Tostitos to launch guacamole dip

The dip is expected to roll out later this year. 

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Veeco Q1 2026 slides: AI demand fuels growth outlook despite earnings miss

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Veeco Q1 2026 slides: AI demand fuels growth outlook despite earnings miss


Veeco Q1 2026 slides: AI demand fuels growth outlook despite earnings miss

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Lumentum Stock Soars as AI Optical Networking Rally Resumes

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Lumentum Stock Soars as AI Optical Networking Rally Resumes

Lumentum Stock Soars as AI Optical Networking Rally Resumes

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Leading Change in Higher Education

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Leading Change in Higher Education

How a First-Generation Student Became a Higher Ed Leader

David Shein did not start his college journey with a clear plan.

“I was a first-generation college student before we knew what that meant,” he says. “I didn’t have a roadmap.”

That early experience shaped his career. It gave him a clear focus. He wanted to make college easier to navigate for others.

Over the next 30 years, Shein became a leader in higher education. He built systems that helped students succeed. He also helped colleges rethink how they support them.

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Early Life and Education: Building Work Ethic Early

Shein started working young. He split a newspaper route with his brother. Later, he worked in stores, libraries, and even a cemetery.

These jobs taught him discipline and independence.

In school, he joined debate and theater. He then attended SUNY Oswego. He studied Philosophy and Political Science and graduated magna cum laude.

He continued his studies at Bowling Green State University before moving to the CUNY Graduate Center. There, he earned his PhD in Philosophy..

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His academic focus shaped how he thinks about systems and ideas.

Early Career: Learning How Colleges Really Work

While in graduate school, Shein began working at Lehman College.

He served as Coordinator of the Core Curriculum and led the tutoring center. This gave him direct insight into student needs.

“I worked closely with faculty and administrators to build connective tissue across academic and student affairs,” he says.

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That idea of “connective tissue” became central to his work.

He saw that many students struggled not because of ability, but because systems were disconnected.

Bard College Career: Building Systems That Scale

In 1999, Shein joined Bard College. He was hired to create a writing and tutoring center. He also became the college’s first disability support provider.

From the start, he focused on building structures, not just programs.

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Over time, he took on leadership roles, including Vice President for Student Success and Network Integration.

He also taught in the Philosophy department and First-Year Seminar.

But his biggest impact came from what he built.

He founded the Learning Commons. He launched Disability Support Services. He helped create the Center for Student Life and Advising.

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Each of these programs addressed a real gap.

“At the core of this work is a commitment to making the full college experience accessible,” he says.

Program Development and Innovation in Higher Education

Shein’s work went beyond campus services.

He helped secure accreditation for new programs and partnerships.

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He played a role in extending the Clemente Course in the Humanities to new communities, bringing college-level learning to underserved populations.

These projects reflect a clear pattern.

He identifies problems. Then he builds systems that last.

“It’s about helping students connect with their college experiences in ways that impact their lives beyond their time in university,” he says.

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Global Education and Fulbright Recognition

Shein’s work extended into international education.

He supported dual-degree partnerships and global programs across Bard’s network.

He also worked on Bard’s online Global Degree program. This expanded access to students around the world.

His efforts helped connect students across countries and cultures.

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In 2019, he received a Fulbright scholarship for his work in international education.

This recognition highlighted his long-term impact in the field.

Mentorship and Student Success Outcomes

Throughout his career, Shein advised hundreds of students.

Many of them went on to earn major awards, including Fulbright scholarships.

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But for Shein, outcomes are not just about recognition.

“It’s about helping students participate in meaningful ways in what can feel like an alien environment,” he says.

His focus has always been on engagement and belonging.

Life Beyond Work: Staying Grounded

Outside of his professional life, Shein stayed active in his community.

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He coached youth soccer and supported Model UN programs when his children were younger.

Today, he spends time fishing, traveling, and writing. He also volunteers at his local public library.

He participates in the Watershed Community Amphibian Migration Project, helping protect local wildlife.

These activities reflect his broader approach. Stay involved. Stay connected.

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What David Shein Is Doing Now

Upon retiring from Bard College, Shein retired from Bard College, he began working as an independent educational consultant.

His work now focuses on helping institutions improve advising systems, program design, and student support.

“I’ve spent my career helping students navigate environments that can feel unfamiliar,” he says.

That mission continues in his current work.

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Why David Shein’s Work Matters in Higher Education

Higher education is still evolving. Many students continue to face barriers.

Shein’s career offers a practical model.

He focused on building systems, not just ideas. He connected academic and student services. He expanded access through new programs.

Most importantly, he kept the student experience at the center.

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For someone who started without a roadmap, he has helped create one for others.

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Trump says Iran ceasefire on ’life support’ after rejecting Tehran’s response

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Trump says Iran ceasefire on ’life support’ after rejecting Tehran’s response


Trump says Iran ceasefire on ’life support’ after rejecting Tehran’s response

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Q&A: Former USDA chief economist shares insights on current events impacting global trade

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Q&A: Former USDA chief economist shares insights on current events impacting global trade

Geopolitics has played a major role in driving markets in recent years.

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Protein Works hails record revenues in ‘pivotal and transitional year’ as German sales grow

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Company moved to new Liverpool campus

Laura Keir, CEO at Protein Works, at the company's Liverpool base

Laura Keir, CEO at Protein Works, at the company’s Liverpool campus(Image: Lorne Campbell / Guzelian)

Protein Works has reported record revenues in a “pivotal and transitional year” for the growing nutrition specialist.

The Liverpool business reported revenue of £55.1m for the year to August 31, 2025, up from £50.7m in 2024.

That year saw the company move into its new “state-of-the-art, vertically integrated” PW Campus in south Liverpool. In her report attached to the accounts filed on Companies House, CEO Laura Keir said: “The project was entirely self-funded, without external financing or additional debt. The directors consider this a meaningful demonstration of operational discipline and balance sheet strength.”

Pre-tax profit fell from £8.9m in 2024 to £7.2m in 2025, which directors say was in line with expectations in “a year of transition and sustained growth”.

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The directors’ report for parent company Class Delta added: “Continued UK growth was supported by good performance in our strategic international markets, which continue to build scale as we focus investment behind the markets that offer the clearest path to meaningful size outside the UK.

“The underlying international trajectory reinforces the directors’ view that the brand has genuine cross-border portability and they’re pleased an EU based 3PL (third-party logistics) re-platforming is also complete.

“Growth continues to be underpinned by a differentiated brand proposition built around taste leadership, science-backed ingredients and healthy habit-forming product formats that fit naturally into customers’ daily routines. Our core range of complete meal and protein shakes, plus growing savoury meals category, supports sustained engagement and high repeat purchase rates across our customer base

“This record performance was delivered through a period of significant internal change and against a challenging macroeconomic backdrop, which the directors consider a credible reflection of the resilience of the operating model and the capability of the team.”

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In a further update on its results, Protein Works added that over the year the business had seen its EBITDA margin improve by two percentage points.

It said international revenue had grown 15% in FY25, with Germany the fastest-growing market. And it hailed a “broadening” customer base, with women now accounting for 55% of UK customers and with more than half of its customers aged under 40.

Laura Keir said: “After 13 years of uninterrupted growth, the standards we set ourselves continue to rise, and I’m incredibly proud of how the team has delivered again in 2025. This year has been the most significant operational year in the company’s history, setting out to do three hard things at once: grow the business, move into a new facility, and kick off a brand re-launch, and I’m very proud to say, we did it! That we delivered record revenue and our best-ever margin performance through all of it reflects the depth of the team we’ve built and the underlying strength of what we’ve created over 13 years.”

Nicola McQuaid, partner at YFM, the private equity backers of Protein Works, added: “This is a business that has consistently delivered on its ambitions, and it’s a privilege for YFM to support the team. Record revenue and improved margins, achieved through a year of major operational change, speak to the quality of leadership Laura and the team have delivered.”

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