OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first reported by The New York Times.
Volkswagen cuts 2024 outlook as car demand falters
Volkswagen cut its annual outlook for the second time in less than three months on Friday, citing a weaker-than-expected performance at its passenger car division as pressure on Europe’s top automaker continues to rise.
Trump calls for prosecution of Google over search results he says favor Harris
Donald Trump claimed Google was showing only “good stories” about Vice President Kamala Harris, his presidential election opponent.
The U.S. wants to triple nuclear power by 2050. America’s coal communities could provide a pathway
The U.S. needs to add 200 gigawatts of nuclear power, a senior official at the Department of Energy said.
Meeting with Zelenskyy, Trump says he will negotiate a Ukraine-Russia deal ‘that’s good for both sides’
Trump also complained about his 2019 impeachment, which stemmed from a July 2019 phone conversation with Zelenskyy about the Bidens.
Today’s market is a ‘bubble dream’ with rate cuts, China inflating economy, Bank of America says
Massive stimulus from central banks is driving bubble-like returns and could head off a global recession, BofA’s Hartnett says.
Van Goghs attacked again in London hours after Just Stop Oil activists sentenced
Friday’s sentencing comes amid a wider crackdown on protest movements in Britain and across Europe.
Morgan Stanley’s shopping list for commodity stocks to get a boost from China stimulus
These commodity stocks could win big in a deal to boost China’s struggling economy, according to Morgan Stanley.
Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
JPMorgan disclosed that the CFPB could punish the lender for its role in Zelle, the giant peer-to-peer digital payments network.
Maggie Smith, scene-stealing actor famed for Harry Potter and ‘Downton Abbey,’ dies at 89
Maggie Smith was frequently rated the preeminent British female performer of a generation that included Vanessa Redgrave and Judi Dench.
