U.S. News
Amazon and Microsoft pivot cloud gaming strategies to target different players
Amazon is bringing Luna to the Prime Video streaming service, while Microsoft will test an ad-supported streaming of titles that people own.
House lawmakers grill former JPMorgan executive Jes Staley over Epstein ties
House oversight Chair James Comer said Jes Staley defended Jeffrey Epstein and encouraged JPMorgan to retain him despite internal red flags.
American Airlines stock tumbles 9% as fuel spike further postpones turnaround
American Airlines further cut its 2026 earnings outlook, citing higher fuel costs.
Moonshot AI accessed Nvidia’s chips despite Chinese export ban, White House official says
A White House official said Moonshot AI, which released the powerful Kimi K3 model last week, accessed Nvidia’s GB300 chips in Thailand.
Tesla falls 14%, Alphabet sinks 6% as AI spending concerns spook investors
Both Tesla and Alphabet signaled higher spending as they invest in artificial intelligence.
IBM lowers full-year forecast after earnings warning
IBM is now looking to improve productivity with artificial intelligence, including with a new coding tool called Bob.
Southwest Airlines’ third-quarter forecast falls short as fuel bill climbs
Southwest Airlines reported a more than 9% increase in second-quarter profit as higher fares are increasingly helping the airline cover its fuel tab.
Amazon cuts some jobs in its artificial general intelligence unit
Amazon’s AGI unit has released a set of AI models, called Nova, and also includes groups working on silicon and quantum computing.
Tesla misses on earnings, as free cash flow turns negative and margins slide
Tesla’s earnings report lands in the midst of a slide in the company’s stock price even as its core auto business is rebounding.
Sen. Wyden introduces bill to curb Trump’s tariff powers
Sen. Ron Wyden said Trump has “abused every trade authority at his disposal” and called his new tariffs on Canadian goods a “shakedown.”
Mortgage rates are rising again, but homebuyers are seeing some advantages
Mortgage rates last week rose to the highest level since last August, but homebuyer demand climbed as well, as buyers see more supply.
Citizens United provision allowing foreign campaign contributions draws Democratic bill
Rep. Jamie Raskin, D-Md., and Sen. Sheldon Whitehouse, D-R.I., want to establish foreign ownership thresholds for companies that spend on campaigns.
World News
Politics
Accidents
Celebrity Dirt
