A Tesla investor sued Elon Musk for alleged insider trading
A Tesla investor is suing Elon Musk , claiming he engaged in insider trading in 2022. Read more...
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The U.S. is slowing Nvidia's and other AI chipmakers' exports to the Middle East, reports say
The U.S. is reportedly looking to restrict advanced chip exports to countries in the Middle East, adding to a list currently led by China and other adversaries. Read more...
Another top advisor is urging Tesla investors to reject Elon Musk's 'excessive' payday
With just weeks to go before Tesla ’s annual meeting, more investors and advisors are urging shareholders to vote against ratifying Elon Musk’s multibillion-dollar pay package. Read more...
Paramount’s special committee recommends Skydance deal to Shari Redstone: report
A potential deal could end months of speculation over Paramount's fate.
Carl Icahn reportedly owns sizable stake in Caesars, sending shares soaring
The casino operator, which runs Caesars Atlantic City and Caesars Palace, missed market expectations for first-quarter results, offset by low table hold in its Las Vegas segment.
Business is booming to drive people across scary bridges after the Baltimore bridge collapse
Have you got an irrational fear that hits when you head out on a drive? For me it’s a worry that a tree will fall off the back of a logging truck and smash through the front windscreen. For other people it’s driving across long bridges . If you fall into the latter camp, then
Red Lobster scrambles to keep Times Square location open — as NYC landlord seeks to double rent: sources
Employees of the Times Square location have been told that their store is not on the chopping block.
Bill Ackman reportedly plans IPO for his Pershing Square hedge fund
Ackman is selling an ownership stake in the firm ahead of a funding round that is expected to value the company at $10.5 billion.
GM and Ford have very different strategies for hybrid cars
Both Ford CEO Jim Farley and General Motors CEO Mary Barra gave a look at what their respective automakers would be doing in the future regarding hybrid vehicles , and their plans could not be farther apart. Farley sees hybrids as an important piece of the automaker’s long-term
SpaceX wants its next Starship launch to achieve safe reentry. First it has to not explode
SpaceX’s Starship program is gearing up for another crucial test flight next week, pending regulatory approval. This flight will focus on reentry and landing, while also gathering comprehensive flight data to improve future missions. Read more...
Dell stock plummets 20% because its AI play is falling short
Dell’s stock price fell more than 20% on Friday as investors worried about its not-yet-very-profitable AI servers. But analysts at major investing firms maintained confidence in the company’s AI strategy. Read more...
CNN to buck tradition by putting commercial breaks in Biden-Trump debate: report
CNN reportedly plans to run commercials during its coverage of the debate between President Joe Biden and Donald Trump -- bucking a decades-old tradition.
Gap and Nordstrom are enticing inflation-weary consumers. But Kohl's is struggling
Retailers Gap and Nordstrom are doing pretty well in the inflation economy , based on their recent earnings, but that’s not true of all retailers — Kohl’s performance fell short. Read more...
Moderna just got FDA approval for its RSV vaccine — only its second product on the market
The Food and Drug Administration on Friday approved Moderna’s mRNA-based respiratory syncytial virus (RSV) vaccine for people 60 and older. The approval paves the way for the pharma giant, known for its COVID-19 vaccine, to launch its second-ever product. Read more...
OpenAI says bad actors aren't very good at using AI to manipulate you
While OpenAI battles competitors in the artificial intelligence race, it is also fending off bad actors using its technology to manipulate and influence the public. Read more...
Tesla just recalled another 125,000 cars
Tesla is having more seat belt problems. The company is recalling more than 125,000 Models S, X, 3, and Y because their seat belt warnings aren’t lighting up and chiming like they’re supposed to, the National Highway Traffic Safety Administration said. Read more...
Elon Musk’s X to stage town hall with Donald Trump
X is teaming up with NewsNation to livestream the event while it simultaneously airs on the cable channel, according to The Wall Street Journal.
Tesla recalls 125K vehicles to fix issue with seat belt warning system
The affected Tesla vehicles experienced an issue in which “the seat belt warning light and audible chime may not activate as intended” when the driver is unbelted, the NHSA said.
Megyn Kelly and Dan Abrams brawl over Trump guilty verdict: ‘You don’t know what you’re talking about!’
Trump was convicted by a Manhattan jury of 34 counts of falsifying business documents related to a hush money payment to porn star Stormy Daniels.
Bill Ackman’s Pershing Square Capital could go public soon
Activist investor and newly-public persona Bill Ackman has IPO ambitions. Read more...
Dow soars nearly 600 points after inflation gauge closely watched by Fed reignites hope for fall rate cut
The report from the Commerce Department also showed tepid consumer spending, a wrinkle that could help the Fed's inflation fight or cause jitters if the economy cools too quickly.
Google says it's not lying about its Search algorithm
A massive leak from Google’s Search division has raised concerns that the company is lying about how its algorithm works — which Google is vehemently denying. Read more...
Donald Trump's donor website crashed due to heavy traffic after his conviction
Less than an hour after former president Donald Trump was convicted on 34 felony counts in New York, his presidential campaign’s fundraising website crashed due to heavy traffic. Read more...
Pfizer says its its lung cancer drug Lorbrena could be a $1 billion blockbuster
Pharma giant Pfizer said that its lung cancer drug Lorbrena could reach blockbuster status by 2030 after new data showed the drug helped patients survive five years without their cancer getting worse. Read more...
Apple's big Siri upgrade will let you control apps with your voice, report says
Apple’s virtual assistant, Siri, is reportedly getting an artificial intelligence overhaul that will let people control apps with their voices. Read more...
Chipotle's CEO says portion sizes aren't getting smaller — just give a 'special look' for more food
Chipotle CEO Brian Niccol is pushing back on claims that the restaurant chain is skimping on food portions . Read more...
Google finally resolves widespread outage affecting search engine
“We've identified the issue and we're working on a fix,” the company said. “Next update will be within 12 hours.”
WeWork has a new lease on life as it exits bankruptcy — without founder Adam Neumann
Seven months after WeWork officially filed for Chapter 11 , the once high-flying office sharing company is set to officially end bankruptcy proceedings next month. Read more...
Santander staff and '30 million' customers hacked
Their data is being sold online by the same gang who this week claimed to have hacked Ticketmaster.
There's already a streaming service for AI-generated TV shows
If you always thought you could make a better TV show than Hollywood can, AI is here to help you test that theory in the worst way possible. Read more...
