Companies
Blanche defends reflecting pool prosecutor who angered Trump
“Now, that’s different than whether the president is extraordinarily frustrated at what happened in that case. And I don’t in any way fault him for that.”
Summer jobs bounce back in UK thanks to busy calendar of sport and music
Industry tracker finds ‘exceptionally warm weather’ has helped boost job listings in hospitality and tourism sectorThe summer job has staged a comeback this year thanks to the hot…
US probe on Mark Walter focused on four intermediaries, WSJ says
Prosecutors and the SEC are looking into whether Walter or the businesses he controls committed fraud by concealing financial connections while borrowing billions from the insurer…
Skyrocketing beef prices finally have Americans reaching their spending limit
Beef sales volumes in the 13 weeks ending in mid-July, a crucial stretch encompassing both Memorial Day and July Fourth, fell 0.3% from a year earlier.
Dimon warns UK’s Healey against raising taxes on banks, FT says
Dimon said higher taxes often drive away jobs, citing a decline in finance jobs in New York that he blamed in part on the city’s tax burden.
Stripe clinches over $7 billion deal to buy AI firm OpenRouter
The deal comes just months after OpenRouter raised money at a reported $1.3 billion valuation.
BBC asks U.S. court to help get testimony from Ivanka Trump, Jared Kushner and Don Jr., saying they have ‘personal knowledge’ on defamation claims
The allegations center on the way a 2024 documentary edited a speech Trump gave on Jan. 6, 2021, before protesters attacked the Capitol in Washington.
U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’
A day earlier, Trump posted a photo of himself standing next to North Korea’s Kim Jong Un, writing that the two leaders get along great.
Dario Amodei admits AI suffers from a crisis of trust, saying people worry companies or governments are ‘cooking up some new way to screw them over’
"I think by far the most accurate criticism of AI companies including Anthropic is that we haven’t yet delivered on our big promises to benefit the world."
Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’
"My guess is he is preparing to offset a boatload of carried interest income. If you own a sports team, done correctly, you can get a deduction against income."
Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the chokehold
Satellite images revealed that Saudi ships on both sides of the Strait of Hormuz are preparing to transport oil out of the Persian Gulf.
The Guardian view on the changed world of job interviews: missing the human factor | Editorial
Andy Burnham’s doubts about Zoom interviews apply more widely to a hiring process being transformed by AIAlmost half of UK jobseekers have found themselves pitching to an AI bot, …
Water companies in England and Wales explore ‘surge pricing’ bills during drought
Suppliers could factor water scarcity into charges as part of Ofwat proposal to reduce consumptionWater companies could be allowed to hike bills for customers during periods of dr…
Covert mideast oil flows are keeping global prices in check
The trade of ferrying oil through the Strait of Hormuz undetected to transfer the barrels onto tankers in the Gulf of Oman is running at full tilt.
Avocado pickers in Mexico restart exports as security alert is lifted but are ‘at the mercy of whatever the U.S. market and government decide’
“If the United States says that it is suspending technical services for security reasons, it’s impossible to export. If it's for a plant health, it’s the same.”
‘It was like a godsend’ —GLP-1 drugs show promise against hormonal disorder that causes constant weight gain and forces women to shave facial hair
“I didn’t understand why all this weight was coming back or why my friends didn’t have to shave their faces and I had to.”
Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
Berkshire also reduced stakes in supermarket operator Kroger, steel manufacturer Nucor and dialysis giant DaVita.
Earnings from Walmart and other top retailers will give investors more clues on the housing market and how consumers are grappling with inflation
Investors will also get more details about the Fed's interest rate policy when the central bank releases minutes from the July meeting on Wednesday.
Centcom chief calls carrier’s mission ‘one of the most operationally intense and consequential of the modern era’ amid mental health and supply issues
Adm. Cooper visited the USS Lincoln in the Arabian Sea as reports have emerged of mental health and supply issues aboard the long-deployed aircraft carrier.
Interest rate dilemma for central banks as inflation rises but growth slows
The Federal Reserve, the ECB and the Bank of England appear unclear on how to tackle inflation amid the Iran warNew UK cost of living crisis looms as rising energy bills lift infl…
Gen Z is eyeing up ‘secure’ healthcare jobs to AI-proof their careers, but be warned: Chiropractors, doctors and paramedics are the unhappiest workers
Health care workers report burnout and lower job satisfaction. In fact, Gen Z's safest bet for happiness might just be behind a counter, not a stethoscope, research suggests.
‘Godfather of AI’ says billionaires like Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
While tech leaders paint a positive future where work is optional thanks to AI, the "Godfather of AI" Geoffrey Hinton warns they’re “betting on AI replacing a lot of workers.”
Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant
Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange, bought the near-bankrupt company from Warren Buffett. He’s now worth $1.2 billion.
‘I see the incredible promise’: on set of an AI film shoot as new studios embrace controversial tech
Amid fears for jobs, some film-makers say AI could enable them bypass studio giants and take more creative risksNear the collonaded entrance to Sony Pictures’ historic Culver City…