Elon Musk is suing OpenAI and its CEO, Sam Altman, claiming that the company's partnership with Microsoft violates its mission; however, legal experts suggest that Musk's case appears weak, but it could still cause harm to OpenAI by tying them up in court and damaging their reputation.
The housing affordability crisis in the US has intensified, with prospective buyers needing to make about $50,000 more than before the pandemic to comfortably afford a home, due to skyrocketing mortgage rates and home prices, according to a Zillow report.
Warren Buffett's investment management firm, Berkshire Hathaway, may purchase stakes in 13 stocks based on Buffett's investment philosophy and the company's cash reserves.
Energy Transfer, a master limited partnership, offers investors a high-yield income stream with significant price appreciation potential, making it an attractive investment opportunity for those with $1,000 or less to invest.
Energy Transfer, a master limited partnership, provides investors with a high-yielding distribution of around 8.5% and significant potential for price appreciation, making it an attractive investment opportunity for those with $1,000 or less.
Outdoor gear retailer Backcountry is currently hosting its Semi-Annual Sale, offering discounts of up to 60 percent off on a wide range of outdoor essentials, including backpacks, rain jackets, shoes, and camping gear.
Investing in Vanguard ETFs such as the Vanguard Total Stock Market Index Fund and the Vanguard S&P 500 ETF over a long period of time can potentially help individuals become millionaires.
Warren Buffett highlights three stocks that investors should consider buying in March: Amazon, Lennar, and Occidental Petroleum.
Microsoft, CrowdStrike, and Nvidia are three stocks with the potential for significant growth and the ability to make fortunes due to their AI-related ventures, cutting-edge cybersecurity offerings, and dominance in the AI chip market, respectively.
Investors looking to benefit from the growth of the AI market could consider investing in Taiwan Semiconductor Manufacturing (TSMC) and Super Micro Computer, as these companies are well-positioned to capitalize on the increasing demand for AI chips, potentially leading to significant gains and contributing to a million-dollar portfolio.
Elon Musk's lawsuit against OpenAI highlights a paper by Microsoft that claims GPT-4, OpenAI's artificial intelligence system, demonstrated "sparks" of artificial general intelligence, fueling the debate around its commercialization.
New York City is implementing a plan to shift its trash from messy sidewalk piles to containers, but the city faces challenges in finding space for the containers and dealing with the competition for curb space.
The Vanguard S&P 500 ETF and Schwab US Small-Cap ETF are two low-cost exchange-traded funds that can serve as the foundation of a simplified retirement investment portfolio with the potential for long-term financial growth.
The Mega Millions jackpot has grown to an estimated $650 million after no winning tickets matched the numbers in Friday night's drawing, making it the seventh-largest prize in the game's history.
Plug Power Inc. reported its fourth quarter and year-end earnings, highlighting achievements such as the launch of a Georgia plant and a joint venture with Olin in Louisiana. The company emphasized its commitment to operational excellence, fiscal discipline, and cash management as it focuses on reducing its cash burn by over 70% in 2024. Plug Power expects improvements in financial health, gross margins, and reduced cash outflows, positioning it for growth and innovation in the renewable energy sector. The company is also working on securing a $1.6 billion project financing facility from the Department of Energy.
Boeing is in talks to acquire Spirit Aerosystems, its major air parts supplier, as part of efforts to improve aviation safety and quality after facing manufacturing issues.
Lawyers representing a Tesla shareholder are arguing in court that Elon Musk's $55 billion compensation package should go towards their attorney fees rather than being awarded to Musk himself.
The city of Newton in Massachusetts is implementing new regulations, effective from March 1st, that require restaurants to no longer automatically provide single-use items, such as utensils and napkins, with takeout orders, and mandates that all takeout dishware and containers be reusable, compostable, or recyclable.
YouTube contractors, who unionized under the Alphabet Workers Union-CWA, have been laid off by Google and Cognizant, sparking tensions and accusations of retaliation, as the battle for unionization and better pay and benefits continues.
California regulators have granted Waymo permission to expand its robotaxi service to include highways in several Bay Area cities and large parts of Los Angeles, although the company has stated it has no immediate plans to expand its service to highways.
The cause of the largest fire in Texas history, which has burned over 1 million acres of land, is under investigation, leaving many unanswered questions as firefighters continue to battle the flames.
The Mega Millions jackpot has reached $607 million for Friday's drawing, with a lucky player in Florida winning $1 million for Match 5 in the previous drawing.
Lawyers are requesting $6 billion worth of Tesla stock as their fee for successfully arguing that Elon Musk's 2018 pay package was unlawful, which, if approved, would be the largest attorney payday on record.
New York Community Bancorp's credit rating was downgraded to junk by Fitch Ratings and Moody's Investors Service after the bank reported "material weaknesses" in its loan risk tracking system, sparking concerns about its exposure to struggling commercial property owners and causing its stock to plummet by 26%.
A Portland couple and another passenger are suing Alaska Airlines and Boeing for $1 billion in punitive damages after a door plug blew out midair on Alaska Airlines flight 1282.
Super Micro Computer (SMCI) and Deckers (DECK) will be added to the S&P 500 index, replacing Whirlpool (WHR) and Zions Bancorp (ZION), as part of a rebalance of S&P indexes.
The US FDA has issued its first-ever qualified health claim for yogurt, stating that eating at least 2 cups per week may reduce the risk of type 2 diabetes based on limited scientific evidence.
Food makers, specifically Danone North America, can advertise that regularly eating yogurt may reduce the risk of Type 2 diabetes without objection from the FDA, as long as certain conditions are met.
CVS and Walgreens will soon sell mifepristone, a medication used for medication abortions, in select states where it is legal, marking an important milestone in ensuring access to reproductive healthcare.
Super Micro Computer Inc. and Deckers Outdoor Corp. are set to replace Whirlpool Corp. and Zions Bancorp NA in the S&P 500 index, boosting their investor profiles and potentially driving up their stock prices.
American National Group, owned by Brookfield Asset Management Reinsurance Partners, plans to exit its homeowners insurance business in nine states due to declining profitability caused by increased weather events and the rising cost of claims payments.
In February, the Nasdaq jumped 6.1%, the S&P 500 climbed 5.2%, and the Dow industrials gained 2.2%, marking the fourth straight monthly advance for all three indexes; however, earnings season is cooling as the stock market enters March, with a focus on artificial intelligence and retail earnings, as well as the month-end jobs data that could impact the Fed's rate cut strategy.
Waymo has received approval from the California Public Utilities Commission to operate a commercial robotaxi service in Los Angeles and the San Francisco area, allowing them to charge for rides and expand their service to new territories.
CVS and Walgreens will begin selling the abortion pill mifepristone with a prescription in certain states, following certification under FDA guidelines.
Fisker's Q4 earnings report revealed doubts about its ability to continue as a going concern, leading to a 34% drop in its stock, but the company remains optimistic about its future and ongoing talks with an automaker for a potential transaction.
MTA chief Janno Lieber confirms that congestion pricing is inevitable and attempts to halt the plan are futile, despite protests against the proposed toll.
Tech stocks, particularly those in the AI and hardware sectors, experienced significant gains on Friday following impressive quarterly results from Dell Technologies and growing demand for AI servers, indicating the potential for continued growth in the tech market.
A United Airlines flight from London to Newark was diverted to Bangor International Airport due to two intoxicated and disruptive passengers, who were later banned from future flights.
Advanced Micro Devices (AMD) saw a surge in its stock price due to bullish indicators for AI demand and growth opportunities, following Dell's strong fourth-quarter results and guidance for AI stocks.
Fisker shares rose after reports of Nissan's potential $400 million investment, despite Fisker's warning of job cuts and missed production targets.
CVS and Walgreens will begin selling the prescription abortion pill, mifepristone, in select states, marking a significant shift in accessibility for patients seeking to end a pregnancy.
The Federal Aviation Administration has identified safety issues with the engine anti-ice systems on Boeing's 737 Max and 787 Dreamliner planes, though the regulator still allows them to fly and believes the issues do not require immediate grounding; these problems add to the list of safety concerns for Boeing after a series of incidents involving its planes.
Nvidia's investment in voice-recognition software developer SoundHound AI has propelled the stock's price higher, indicating the growing demand for voice-powered AI and the potential for SoundHound AI to emerge as a major player in the industry with the market for voice-recognition technology projected to reach $50 billion by the end of the decade.
General Motors has expanded its recall of trucks to include 820,000 vehicles in the US and Canada due to a faulty tailgate that may inadvertently unlatch due to water intrusion.
The AlphV ransomware group, also known as Black Cat, has caused a significant disruption in the US healthcare system, leaving pharmacies and healthcare providers struggling to fill prescriptions for life-saving medications.
Billionaire entrepreneur Elon Musk has filed a lawsuit against OpenAI, accusing the company and its CEO of abandoning their original mission to develop AI for the benefit of humanity and instead focusing on profitability.
The stock market rally continues to advance, with the Nasdaq composite hitting a record high and several stocks, including Taiwan Semiconductor and Microsoft, are offering new buying opportunities after consolidating for a few weeks.
Snowflake CEO Frank Slootman is stepping down from his position, with Sridhar Ramaswamy taking over, as the company seeks hard-driving technologists to navigate the challenges of generative AI.
Oprah Winfrey plans to leave WeightWatchers' board of directors and donate her stake in the company to the National Museum of African American History and Culture, amid declining profits and popularity, as well as controversy surrounding the use of weight loss medications.
Nvidia's stock market value surpasses $2 trillion for the first time as strong demand for AI-optimized servers drives the company's growth.