OpenAI CEO Sam Altman sent a text with "something trivial" to Elon Musk after learning of Musk's lawsuit, with the two exchanging emojis in response.
Ethereum's Dencun upgrade has successfully lowered transaction costs on its layer-2 networks by 75% and expanded the capabilities of the blockchain ecosystem, with developers believing it will have the biggest impact among all previous upgrades, revolutionizing the Ethereum ecosystem by removing barriers and unlocking new use cases.
Massachusetts General and Brigham and Women’s hospitals are integrating their clinical services and creating new disease-focused institutes to provide more coordinated and streamlined care, dismantling silos and expanding access to specialists across their unified hospital system.
Dollar General Corporation is expected to report a decrease in revenues and a decline in earnings for the fourth quarter of fiscal 2023, due to economic uncertainties and reduced consumer spending. However, the company's value-creating initiatives and growth strategy provide a solid foundation for market expansion.
Wall Street's outlook on Tesla worsened as another analyst warned about risks to sales and the strategy of cutting prices to boost demand, leading to a downgrade of the stock to a "sell" rating and expectations of flat sales volumes this year.
Applications for home purchases jumped 7.1% as mortgage rates dipped below 7% for the first time in over a month, signaling a revival in the housing market.
Archer-Daniels-Midland (ADM), the agricultural commodities trader, has suffered an $8 billion loss in market value and faces a long road to recovery following an investigation into its accounting practices, as its diversification strategy beyond traditional trading staples such as corn, wheat, and soybeans has faltered and its core agricultural commodities face declining prices and rising inventories.
The entire workforce at a Dollar General store in Wisconsin quit due to seven-day work weeks and a "lack of appreciation," prompting a brief closure of the store.
Software giant Oracle, although currently behind competitors like Amazon Web Services, Microsoft Azure, and Google Cloud in the cloud infrastructure market, is making significant investments in expanding its cloud computing capacity, particularly in AI, as the demand for AI computing capacity continues to surge.
Oracle's cloud infrastructure business is rapidly growing, fueled by the surging demand for AI computing capacity.
Boeing's legal problems are negatively impacting major airlines, as capacity estimates are in flux, deliveries are fewer than expected, and stocks are dropping, leading to potential long-term legal challenges for the company.
The installation of technology in cars that provides data to insurance companies has led to a surge in insurance premiums, according to New York Times reporter Kashmir Hill.
Tesla's stock has been downgraded by Wells Fargo due to expected disappointing first-quarter deliveries, vehicle price cuts, and concerns about the market for the company's next-generation vehicle, resulting in a 30% downside risk to current TSLA levels.
A United Airlines flight from Sydney to San Francisco was forced to turn back due to a maintenance issue, making it the latest incident involving Boeing planes, following a series of recent incidents, including a LATAM Airlines flight to New Zealand experiencing a "strong movement" and a United Airlines flight losing a wheel during takeoff.
Video-sharing platform Rumble has partnered with global IT services provider Qinshift to meet market demand for Rumble Cloud™ and expand its services through a skilled workforce and global network.
Dollar Tree, after suffering significant losses, plans to close 600 of its Family Dollar stores in the first half of 2024 as part of its portfolio optimization strategy.
Indigenous communities in the "lithium triangle" of Argentina, Chile, and Bolivia are concerned about losing their way of life as mining companies extract the precious metal, which is vital for green energy, resulting in water scarcity and environmental damage.
Build healthier habits by making simple changes to your routine and decoding nutrition labels.
Nvidia CEO Advises Stanford Students to Embrace Adversity and Lower Expectations to Build Resilience
Nvidia's CEO, Jensen Huang, advises privileged Gen Z grads to lower their expectations and embrace resilience, as high expectations can hinder success.
Gary Leff is a renowned expert in miles, points, and frequent business travel, with extensive experience and recognition in the industry.
Coinbase plans to raise $1 billion through selling convertible bonds to capitalize on the recent cryptocurrency rally and avoid diluting existing shareholders, following a similar strategy as MicroStrategy, while Singapore-based trading firm QCP Capital predicts a potential correction in Ether prices due to negative risk reversals and concerns about excessive leverage in the market.
Multiple incidents involving United Airlines Boeing aircraft, including a mid-air fuel leak, emergency landings, and mechanical issues, have raised concerns about the safety and reliability of the planes.
Costco's departing CFO, Richard Galanti, stated in an interview that the $1.50 hot dog and soft drink combo, which has been a constant offering since 1985, will likely remain at its current price for the time being.
A new U.S. Postal Service facility in Palmetto, Georgia, is causing major mail issues as trucks are sitting still for hours due to insufficient staffing and operations.
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The US has become the largest crude oil producer in the world under President Biden, despite his efforts to transition to greener alternatives and address climate change.
Boeing's reputation as one of the most reliable companies has been destroyed in less than six years due to a series of mid-flight disasters and a decline in quality, leaving the company facing an uncertain future and calls for the entire C-suite to be fired and the possibility of nationalization.
Enviva Inc. has initiated a Chapter 11 restructuring process to continue operations normally and secure funding, but this has resulted in defaulting on debt obligations.
Airbnb is banning the use of indoor security cameras in rental properties, but there are free apps, such as Fing, that can help identify hidden cameras in properties listed on the platform or even in one's own home.
Out of the 14 partially automated vehicle systems tested by the Insurance Institute for Highway Safety, none received a "good" rating, with only one system rated as acceptable and the rest rated as either marginal or poor.
Celebrate National Pi Day with great deals on pizzas and pies from various restaurants and chains across the United States.
Bitcoin reversed its losses and climbed above $73,000, with institutional investors leading the market activity, as spot BTC exchange-traded funds recorded record inflows.
No one won the Mega Millions jackpot, but a ticket sold in Quincy, Massachusetts, is worth $1 million, while a ticket sold in California also matched the five white balls.
The tech industry, once considered a stable career path, is facing ongoing layoffs and job insecurity despite a strong labor market and previous aggressive hiring.
Top executives at major American companies received more in compensation than their companies paid in federal taxes between 2018 and 2022, according to a report by Americans for Tax Fairness and the Institute for Policy Studies. The study highlights the disparities between executive pay and tax payments and calls for an increase in the corporate tax rate.
New York Community Bancorp is facing a series of setbacks and potential financial troubles, leading to a significant decrease in its dividend and a loss of customer deposits, making it unlikely for the bank to quickly recover and regain stability.
Warren Buffett has purchased a mystery stock in the fourth quarter of 2023, with potential candidates being JPMorgan Chase, Capital One Financial, or Discover Financial Services.
Chinese smartphone rival Xiaomi is set to launch its first electric vehicle (EV), the Speed Ultra 7 (SU7), just a month after Apple abandoned its own EV project, marking an extraordinary feat for Xiaomi's billionaire founder and CEO, Lei Jun.
China stocks were lower after the US inflation report indicated a decrease in the likelihood of a rate cut by the Fed, while China Vanke, the second-largest developer in the nation, may receive up to 80 billion yuan ($11.2 billion) in syndicated loans to meet repayment deadlines.
UTA and MediaLink founder Michael Kassan are embroiled in a legal battle after Kassan resigned from the agency and filed a $25 million action for arbitration against UTA, alleging breach of contract and fraud, while UTA fired Kassan and filed a constructive fraud complaint against him.
The Mega Millions jackpot has risen to an estimated $792 million after no one won the grand prize in Tuesday night's drawing.
Coinbase, the leading US-based cryptocurrency exchange, plans to raise $1 billion through senior convertible notes to repay existing debt and for general business purposes, targeting institutional investors and benefiting from the potential for higher returns if the company's stock price increases.
Top executives of major U.S. companies have received more in compensation than the businesses paid in federal taxes, raising concerns about corporate tax fairness, according to an analysis by the Institute for Policy Studies and Americans for Tax Fairness.
United Talent Agency is facing accusations of breach of contract and fraud in relation to its acquisition of MediaLink, with MediaLink founder Michael Kassan claiming that UTA's CEO and top executives acted in bad faith by not fulfilling key promises of the acquisition and pressuring Kassan to raise fees for outside customers, leading to his resignation.
Most Asian stocks rose slightly, driven by a rally in technology shares, although gains were limited due to concerns over U.S. inflation and the outlook for interest rates.
Boeing continues to face a series of problems with its planes, including fuel leakage, mechanical issues, and whistleblower claims, leading to financial losses and decreased confidence from airlines, with United Airlines halting work on unreleased jets and requesting the production of different models.
Enviva, a leading producer of sustainable wood-based biomass, has announced a pre-arranged restructuring plan that is expected to reduce debt by approximately $1.0 billion, improve profitability, and position the business for long-term success.
Boeing's CEO, Dave Calhoun, and his C-suite colleagues have prioritized profits over safety, leading to the destruction of the company's reputation and placing lives at risk.
A survey reveals that 25% of young people in the Greater Boston area plan to move due to high rent costs, limited home ownership opportunities, and career prospects.
A 12-year-old Ohio boy was discovered locked inside a Target store after spending the night alone, with his parents filing a missing persons report; however, no charges will be filed in the case.
Employees at a Dollar General store in Mineral Point, Wisconsin walked off the job due to feeling overworked and underpaid, as well as issues with the company's donation policy.
