• [[Los Angeles Times]]
  • Huge casino coming to Kern County
    • Tejon Indian Tribe to open $600-million establishment at the Grapevine’s base.
    • THE HARD Rock Casino Tejon, set to open in November, will be the first full-scale casino in Kern County.
  • Wordle on TV? NBC is ordering a pilot
    • ‘Tonight’ host Jimmy Fallon produces a test project based on the popular word game.
  • OpenAI playing puppeteer to tech stocks
    • Startup is not publicly traded, but it holds the market-moving sway of behemoths.
    • “INVESTORS are keenly focused on where OpenAI will go next and how disruptive it could be,” one analyst said. Above, the venue for its Seoul news conference.
  • Lower-cost Teslas are a letdown for consumers, investors alike
    • TESLA’s new, cheaper models are still not affordable enough to trigger a buying spree, analysts said.

• [[USA Today]]
  • Ram manages to revive Hemi in just 6 months
    • Engineers’ secretive mission provides boost to automaker
    • Stellantis makes cars, but often the company’s inspiration comes from the battlefield. ● The Hellcat engine? Named for a warplane. The Hemi engine? Inspiration from the guts of a World War II Chrysler fighter jet. The Jeep Commander, Gladiator, Renegade and Rubicon? Their nomenclature speaks for itself. ● The company has another thing to add to its lineage of war-flavored projects. Since January, a specialized group of engineers code-named “F-15” in honor of one of the world’s fastest fighter planes has been toiling away on a secretive mission to reintroduce the legendary Hemi V-8 engine to Ram pickup trucks, mending a decision by the company to discontinue it for the 2025 model year.
    • The 2026 Ram 1500 5.7-liter HEMI V8 engine was made possible through a secretive and savvy engineering project.
  • Ford’s planning could use a reboot
    • Automaker’s future may be difficult without one
    • The new Ford World Headquarters near the Henry Ford Museum in Dearborn.
  • GM’s Super Cruise expands; self-driving tech eyes 2035
    • A man uses Super Cruise driver assistance technology on a compatible highway in the 2025 Cadillac Escalade Sport Platinum.

• [[The New York Times]]
  • Trump to Unveil Farmer Aid as China Shuns U.S. Crops
    • As it did in 2018, the White House plans to dole out relief funds to struggling U.S. farmers who have lost their biggest customer.
  • Why Did Walmart Just Buy a Shopping Mall?
    • Walmart plans to turn the Monroeville Mall in Pennsylvania into a mixed-use development that will include retail, dining and entertainment space, according to a recent filing.
  • Pentagon Relaxes Press Access Rules
    • Under new guidelines, journalists will not need approval from the Defense Department before publishing articles containing information not officially released.
  • Discount Airlines Changed Flying. Now They’re in Trouble.
    • Carriers like Spirit and Frontier have lost customers to bigger competitors and seen their costs balloon. Some are in financial distress.

• [[Wall Street Journal]]
  • NYSE Owner Bets on Crypto Firm
    • $2 billion deal could help prediction platform Polymarket re-enter the U.S.
    • $8B Total value of Polymarket’s cryptobased prediction business.
    • https://www.wsj.com/business/deals/nyse-owner-near-deal-for-2-billion-stake-in-polymarket-1e02c88e?st=h8N7t8&reflink=desktopwebshare_permalink
  • Soybean Farmers Face Life Without Chinese
    • China accounted for more than half of U.S. soybean exports last year.
    • A farmer loads soybeans from grain bins into a truck to be hauled to an elevator in Dwight, Ill..
    • https://www.wsj.com/economy/trade/us-soybean-farmers-china-market-8749c5a2?st=7UXFpy&reflink=desktopwebshare_permalink
  • Holidays to Test Retailers On Bulked Up Inventories
    • https://www.wsj.com/articles/retailers-stockpiled-to-avoid-tariffs-the-holidays-will-put-that-to-the-test-146e3c16?st=SDHFgx&reflink=desktopwebshare_permalink
  • A Seattle Suburb Wins As Tech Firms Shun City
    • https://www.wsj.com/real-estate/commercial/bellevue-washington-seattle-suburb-tech-companies-7738d692?st=PaPnn2&reflink=desktopwebshare_permalink
  • AMD’s Challenge In AI Chip War Gets Big Boost
    • https://www.wsj.com/tech/ai/amd-openai-chip-deal-nvidia-competitor-37692514?st=x2dFCX&reflink=desktopwebshare_permalink
  • Tesla Unveils Cheaper EV Models
    • https://www.wsj.com/business/autos/tesla-new-model-y-cbffeaff?reflink=desktopwebshare_permalink

• [[Financial Times]] is a Nikkei-owned company located in the UK.
  • Hauser & Wirth’s UK earn­ings plum­met 90% dur­ing art industry down­turn
    • Profits at the UK sub­si­di­ary of Hauser & Wirth, one of the world’s largest and most influ­en­tial art gal­ler­ies, fell almost 90 per cent last year as the global art mar­ket struggled with a mul­ti­year slump.
    • A Hauser & Wirth gal­lery in Somer­set, Eng­land, fea­tur­ing a spider sculp­ture by Louise Bour­geois
  • Eurostar should be forced to face cross-chan­nel com­pet­i­tion
    • The best way to proceed is to open up the Temple Mills depot first and incentivise new entrants to invest in the future
  • Revolut chief shifts offi­cial res­id­ency to UAE from UK
    • ▸ Non-dom changes affect bil­lion­aire ▸ Full Brit­ish bank­ing licence awaited
    • Storon­sky is in line for a mult­i­bil­lion­dol­lar wind­fall if he steers the fintech’s valu­ation to about $150bn
  • Rhein­metall rival cri­ti­cises ‘dir­ect award’ of lasers deal
    • An Aus­tralian defence industry boss has hit out at the “power and influ­ence” of Rhein­metall after the Ger­man arms group was selec­ted to develop anti-drone laser tech­no­logy that he says his com­pany can already sup­ply.

----- AI Translation -----

[[Los Angeles Times]]
Tejon Tribe to Build Large Casino in Kern County
The Tejon Indian Tribe is building a $600 million casino at the foot of Grapevine.
**‘Hard Rock Casino Tejon’** is scheduled to open in November and will be Kern County's first major casino.

‘Wordle’ on TV? NBC Developing Pilot Program
‘Tonight Show’ host Jimmy Fallon is developing a TV test program based on the popular word game.

OpenAI, ‘Conductor’ of the Tech Stock Market
Despite being an unlisted startup, OpenAI is wielding giant-company level influence and moving markets.
“Investors are keenly watching where OpenAI is headed and how much disruptive change it will bring,” said one analyst.

Affordable Tesla Disappoints Consumers and Investors Alike
Tesla's new affordable models have been released, but there is still a consensus that they are not yet accessible to the general public.

[[USA Today]]
Ram Brings Back the ‘Hemi’ Engine in Just Six Months
Legendary engine returns through a secret project
Stellantis makes cars, but often finds inspiration on battlefields.
● The Hellcat engine is named after a fighter plane, and the Hemi was inspired by Chrysler fighter plane engines during World War II.
● Jeep Commander, Gladiator, Renegade, and Rubicon also took their names from military terms.
● Since January of this year, a team of engineers codenamed ‘F-15’ has been secretly working to reintroduce the legendary Hemi V8 engine into Ram pickup trucks.
As a result, the 2026 Ram 1500 model will be equipped with a 5.7-liter HEMI V8 engine.

Ford Needs to ‘Reboot’ its Future Design
Photo: New building near the Henry Ford Museum in Dearborn.

GM Expands ‘Super Cruise’ — Autonomous Driving Technology Aims for 2035 Launch
A man using the ‘Super Cruise’ feature in a 2025 Cadillac Escalade Sport Platinum model.

[[The New York Times]]
Trump to Announce Aid for Farmers as China Shuns U.S. Crops
The White House is planning a bailout program, similar to one in 2018, to aid American farmers who have lost access to the Chinese market.

Why Walmart Bought a Mall
Walmart recently disclosed plans to transform a shopping mall in Monroeville, Pennsylvania into a mixed-use development combining retail, food and beverage, and entertainment.

Pentagon Eases Rules on Media Access
Under new guidelines, journalists will be able to publish stories based on unofficial information without formal Pentagon approval.

Budget Airlines Face Turbulence After Route Changes
Airlines like Spirit and Frontier are struggling with competition from larger carriers and rising costs, with some facing financial distress.

[[The Wall Street Journal]]
NYSE Parent Near Deal for $2 Billion Stake in Polymarket
Exchange operator ICE is leading a $2 billion deal to help Polymarket, a prediction market platform, return to the U.S.
👉 Read Article
Polymarket's cryptocurrency-based prediction market business is valued at $8 billion.

U.S. Soybean Farmers Face Life Without China
China accounted for more than half of U.S. soybean exports last year.
👉 Read Article
Photo: A farmer moves soybeans from a grain silo to a truck in Dwight, Illinois.

Holiday Shopping Season Puts Retailers With Excess Inventory to the Test
👉 Read Article

Bellevue, Wash. Suburb Booms as Tech Companies Move In
👉 Read Article

AMD Seizes Opportunity for Major Counteroffensive in AI Chip Race
👉 Read Article

Tesla Unveils More Affordable Electric Car Model
👉 Read Article

[[Financial Times]] (owned by Nikkei of the UK)
Hauser & Wirth (UK), art market slump leads to 90% revenue plunge
One of the world's largest art galleries, Hauser & Wirth's UK subsidiary saw its revenue decrease by nearly 90% last year.
Photo: Hauser & Wirth gallery in Somerset, UK - exhibition of Louise Bourgeois' spider sculptures.

Eurostar faces competition across the Channel
There are calls for Eurostar, the high-speed train connecting Britain and Europe, to end its monopoly and embrace competition.

Revolut CEO relocates from UK to UAE

• Impact of non-resident tax changes

• Waiting for UK bank license approval
  Revolut founder Nikolay Storonsky is expected to receive a multi-billion dollar payout if the company's valuation reaches around $150 billion.

Rheinmetall rivals criticize 'direct award' of laser contract
The head of an Australian defense company criticized the fact that German arms manufacturer Rheinmetall secured a contract for drone interception laser development before them, calling it "a result of power and influence" and unfair.