FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Former top FTX exec Ryan Salame who turned on Sam Bankman-Fried sentenced to 90 months in prison and ordered to pay more than $11 million.
Investors have made these 9 AI plays their core holdings, Bank of America data shows
The Wall Street firm looked at the holdings of U.S. large-cap equity mutual funds that are actively managed.
I took a nearly $90,000 pay cut to work in food—now my restaurant brings in more than $1.8 million per year
Ji Hye Kim took a significant pay cut when she went from health care to food services. Her Michigan-based restaurant, Miss Kim, is now a success.
Hess shareholders approve $53 billion Chevron deal amid dispute with Exxon over Guyana assets
The Chevron-Hess deal was originally slated to close in the first half of 2024, but that timeline has been delayed due to a dispute with Exxon Mobil.
More than 100 business leaders including Wikipedia’s Jimmy Wales sign open letter backing Britain’s center-left opposition
The U.K. has been “denied the skills and infrastructure it needs to flourish,” the letter says.
OpenAI creates oversight team with Sam Altman on board, begins training new model
OpenAI, the developer of ChatGPT, said it has begun training its “next frontier model.”
GameStop shares jump more than 20% after $933 million stock sale
Shares in GameStop gained on Tuesday after the company announced Friday that it had made $933 million from a stock sale.
‘This can no longer be justified’: International outcry over Rafah attack piles more pressure on Israel
Israeli Prime Minister Benjamin Netanyahu described the attack as a tragic incident.
Fed’s Kashkari wants to see ‘many more months’ of positive inflation data before a rate cut
The Federal Reserve should wait for significant progress on inflation before cutting rates, Minneapolis Federal Reserve President Neel Kashkari said Tuesday.
European markets move lower in choppy session; Ocado up 8.5%
European markets moved lower in mixed morning trade following a quiet previous session.
