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Trump Highlights Energy Policy and Infrastructure Needs During Texas Port Visit
Corpus Christi, Friday, 27 February 2026.
President Trump visits the nation’s top energy gateway today to promote exports, facing a local industry grappling with water scarcity and 50 fewer active oil rigs than last year.
latest news in economy
US Grants Presidential Permit for $2.5 Billion Cable Linking Puerto Rico and Dominican Republic Grids
San Juan, Friday, 27 February 2026.
The U.S. Department of Energy has approved Project Hostos, a $2.5 billion privately funded undersea cable connecting Puerto Rico and the Dominican Republic. Slated for operation in 2031, this critical infrastructure aims to stabilize Puerto Rico’s fragile grid and power over 600,000 homes.
latest news in companies
CoreWeave Stock Declines as Rising Costs Offset Record Revenue Growth
Roseland, Friday, 27 February 2026.
Despite boasting a staggering $66.8 billion backlog and 110% revenue growth, CoreWeave shares retreated following its Thursday earnings report. Investors are reacting cautiously to the company’s aggressive $30 billion capital expenditure plan for 2026, which threatens to compress near-term profit margins in a maturing AI infrastructure market.
latest news in politics
Scouting America Reinstates Biological Sex Requirement to Secure Pentagon Partnership
Washington D.C., Friday, 27 February 2026.
Facing the loss of critical military logistics, Scouting America agrees to Defense Secretary Hegseth’s terms, mandating biological sex registration and dismantling diversity initiatives to preserve the historic alliance.
latest news in global
Commonwealth Bank Probes $1 Billion in Loans Linked to AI-Generated Documents
Sydney, Friday, 27 February 2026.
As of February 27, 2026, the Commonwealth Bank of Australia (CBA) is scrutinizing approximately A$1 billion in home loans potentially secured using documents forged by artificial intelligence. This investigation, reportedly self-reported to police on February 23, highlights a systemic vulnerability where generative AI is being weaponized to defeat standard “Know Your Customer” protocols. The financial crimes regulator, AUSTRAC, has joined the probe to determine if these fraudulent loans facilitated money laundering. This case represents a significant escalation in financial crime, suggesting that the ease of creating sophisticated synthetic identities may soon render current digital verification methods obsolete, forcing global institutions to revert to stricter biometric or physical authentication standards.