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Sam Altman, leader of OpenAI and one of Reddit's largest investors, is further aligning his interests with an alliance between the two - Fortune

Altman, CEO of OpenAI, has a long history with Reddit and briefly served as its interim CEO in 2014.

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The rise and fall of Canada's 'Crypto King' Aiden Pleterski - BBC.com

Canada police have charged Aiden Pleterski, 25, with fraud and laundering the proceeds of crime.

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Stock Market Today: Dow, S&P Live Updates for May 17 - Bloomberg

Stocks in Asia fell Friday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.

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Is Red Lobster going out of business? - WGRZ.com

They are reaching out to offer jobs for those who lost theirs when the seafood restaurant chain abruptly shut down.

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'Don't Expect Another Rally on May 22,' Says Piper Sandler About Nvidia Stock - TipRanks.com - TipRanks

While earnings season is now winding down, Wall Street is still waiting for one market giant to deliver its latest financial report. That would be Nvidia (NASDAQ:NV...

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Stanley Druckenmiller makes surprising small-cap and AI stock bet - TheStreet

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Is the move to electric cars running out of power? - BBC.com

There has been an unexpected slowdown in sales of electric cars. Could this be more than a blip?

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Tacos and burritos are sandwiches, according to an Indiana judge - WDSU New Orleans

“The Court agrees with Quintana that tacos and burritos are Mexican-style sandwiches."

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FTX’s massive payout plan can impact Bitcoin’s price THIS way - AMBCrypto News

FTX has a new plan, and Bitcoin might just benefit from it all.

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Jamie Dimon says inflation is worse than people think, and that the market is too optimistic about a soft landing - Yahoo Finance

"Inflation may not go away the way people expect it to," the JPMorgan CEO said, adding: "There are a lot of inflationary forces in front of us."

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China Sees Uneven Recovery With Surprise Consumer Spending Slowdown - Bloomberg

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Spirit AeroSystems to lay off hundreds of hourly employees in Wichita - KAKE

Spirit AeroSystems is laying off 400-450 hourly production workers, according to an email sent to employees on Thursday.

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Senate votes to kill SEC crypto accounting rule - Axios

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Microsoft asks some employees in China to move to other countries - CNN

Microsoft has asked at least 100 of its employees in China to consider moving to other countries, according to Chinese state media reports.

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Wall Street edges back from records after Dow briefly tops 40,000 - The Associated Press

Asian shares have retreated after U.S. stocks edged back from their record heights. U.S. futures fell and oil prices edged higher. Chinese stocks were little changed after officials in Beijing reported persisting weakness in the economy, especially in the rea…

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China Unveils Broad Rescue Package to Prop Up Housing Market - Bloomberg

China announced its most forceful attempt yet to shore up the beleaguered property market, easing mortgage rules and encouraging local governments to buy unsold homes from developers for conversion into affordable housing.

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Twitter is officially X.com now - The Verge

The social network formerly known as Twitter has officially switched its URLs over to X.com. Musk first announced the switch to X in July 2023, and the URL transition started to happen in mid-August.

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Bayer Menopause Drug Shows Positive Result in Late-Stage Trials - Bloomberg

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Dow futures are little changed after blue-chip average touches 40,000 for first time: Live updates - CNBC

The Dow briefly crossed 40,000 for the first time on Thursday.

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‘Chaos’: Nurses, visitors describe conditions inside Ascension hospitals after cyberattack - WKRN News 2

“Pure and utter chaos from the second you walk into the door.” That’s how one nurse described what it’s like inside a local Ascension hospital following a cyber-attack.

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Chinese electric car maker Nio unveils rival to Tesla's Model Y - BBC.com

Nio's new brand Onvo has launched its challenger to the world's best-selling electric vehicle.

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US CPI Data Subset Was Inadvertently Released 30 Minutes Early - Bloomberg

The US Bureau of Labor Statistics inadvertently published Consumer Price Index data 30 minutes early on Wednesday, raising fresh questions about how the agency releases some of the world’s most sensitive economic information.

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Nvidia's rally will run out of steam next year as the chip giant's customers become competitors, analyst says - Yahoo Finance

Nvidia stock could see as much as a 20% decline by the end of the year, a DA Davidson analyst previously predicted.

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Top analyst updates S&P 500 price target after April inflation surprise - TheStreet

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NBC 10 I-Team: Seven postal workers accused in mail theft ring at Providence post office - Turn to 10

Investigators said Wednesday that the suspects took gift cards, checks, and cash to spend on themselves.

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Wayfair opening first ever brick-and-mortar store in Wilmette in Eden's Plaza - WLS-TV

Home goods and e-commerce giant Wayfair is opening its first ever brick-and-mortar store right off the expressway in Wilmette.

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Amazon axes more than 100 customer service managers - Fortune

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'What doesn't kill you makes you stronger,' China trolls new US tariffs - Reuters

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Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in - CNN

The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.

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US Economy: Inflation Battle Is Far From Over - Bloomberg

Services price gains all but rule out rate cuts in the near term.

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Musk axed Supercharger team after its leader said no to more layoffs - Business Insider

Musk has since begun rehiring some of the workers from the Supercharger team.

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With Ilya Sutskever leaving OpenAI, doomers have lost the AI war - Axios

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The Mirage casino, which ushered in an era of Las Vegas Strip megaresorts in the ‘90s, is closing - New York Post

It will be the second time this year that a Strip casino shutters.

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You might get a bigger Social Security check next year. Here's why - Fox Business

The Seniors Citizens League estimates that Social Security beneficiaries could receive a 3% cost-of-living adjustment in 2025 as inflation gains steam.

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Meta slapped with child safety probe under sweeping EU tech law - CNBC

Facebook parent company Meta on Thursday was hit with a major investigation from the EU into risks of its platforms to minors.

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Stock futures edge higher after S&P 500 closes above 5,300 for the first time: Live updates - CNBC

The major averages popped to fresh closing highs, lifted by a softer-than-anticipated consumer inflation report.

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Here's what Druckenmiller did as he sold Nvidia — it's a risky bet on an unloved asset - MarketWatch

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GameStop, AMC slide as meme stocks rally loses steam - Yahoo Finance

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Two Brothers Arrested for Attacking Ethereum Blockchain and Stealing $25M in Cryptocurrency - Department of Justice

An indictment was unsealed today charging Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York, with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges in the indictment arise from an al…

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Nvidia earnings are coming but the rally can't continue forever, strategist says - Quartz

The AI chipmaker reports quarterly earnings next week, and Steve Sosnick of Interactive Brokers says market sentiment will be terrible if Nvidia doesn't impress

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Uber launches bus shuttle service, expands Costco tie-up to woo price-conscious users - New York Post

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Raspberry Pi prepares to go public and expand its lineup of supercheap computers - The Verge

Raspberry Pi plans to file for a UK stock market listing, saying the IPO would help it to enable young people to “realize their potential through the power of computing.”

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Manchin, GOP senators move to overturn retirement investment planning rule - The Hill

Sen. Joe Manchin (D-W.Va.) and a group of Republican senators are moving to overturn a new retirement investment planning rule that was finalized by the Labor Department last month. The Labor Department unveiled a new rule last month that would update the def…

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Incoming Vanguard CEO Won't Reverse Decision Not to Launch Bitcoin ETF - CoinDesk

The former BlackRock executive didn't address the issue of giving Vanguard clients access to any of the other spot bitcoin ETFs that are available.

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McDonald's confirms $5 value meals to lure back low-income customers after price hikes - New York Post

A McDonald’s spokesperson told The Wall Street Journal that the $5 offering is part of a strategy to offer nationally advertised value deals.

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'You're on a short leash': Lawmakers blast FDIC chief over toxic workplace - POLITICO

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Mark Zuckerberg's birthday outfit is a mystery. I think I solved it. - Business Insider

The Meta CEO switched outfits in his photos, and I was determined to figure out why.

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Frank McCourt Starts Effort to Buy TikTok - The New York Times

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Biden's EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S. - CNBC

Automotive and trade experts say the increased tariffs are a near-term protectionism act that may delay, but won't stop, Chinese EVs from coming to the U.S.

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Walmart layoffs: Hundreds of employees cut amid remote work changes - AL.com

Walmart is laying off hundreds of employees even as it shifts away from remote work.

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Ohio bar sparks controversy with new policy banning patrons under 30 after reported violence: 'No exceptions' - Fox Business

An Ohio bar implemented an age-restriction policy earlier this month that divided its customers after the bar reportedly experienced crime and safety issues.

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Netflix Ad Tier Hits 40M Monthly Active Users, Nearly Double Its Scale At Start Of 2024 - Deadline

Netflix's 18-month-old advertising tier has nearly doubled in size since the start of 2024, reaching 40 million monthly active users around the world.

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Newsom, Lombardo trade blows over gas prices - POLITICO

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Nio unveils the Onvo, an affordable EV rival to Tesla - Yahoo Finance

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GameStop stock slides 18% as meme rally fades - Yahoo Finance

GameStop stock fell after a two-day meme rally.

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Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years - CNBC

Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.

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Stock market today: S&P 500 breaches 5300 as stocks rally to records after CPI - Yahoo Finance

Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.

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AI has already figured out how to deceive humans - Business Insider

Some AI have learned to induce "false beliefs in others to accomplish some outcome other than the truth," according to a new research paper.

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Fast Casual Dining Hurt by Consumer Struggles: Credit Weekly - Bloomberg

Rising housing costs and stubbornly high inflation are battering many consumers and the hit to their wallets is now hurting America’s low-cost restaurants.

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Google blasted for AI that refuses to say how many Jews were killed by the Nazis - New York Post

The Google device was able to deliver a detailed description of “The Nakba.”

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Jim Simons was a math and investing genius, but also a management wiz. Here are some of his lessons on leadership - Fortune

“My biggest contribution was to hire great young people into the business,” Jim Simons said in 2019.

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Software Bug Results In Insulin Pump Injuries, Spurs Recall - Hackaday

Managing Type 1 diabetes is a high-stakes balancing act — too much or too little insulin is a bad thing, resulting in blood glucose levels that deviate from a narrow range with potentially di…

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Cooling Core Inflation Will Offer Minimal Relief to the Fed - Yahoo Finance

(Bloomberg) -- Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that price pressures will start...

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This Is What the Latest Artificial Intelligence (AI) Earnings Reports Say About Nvidia Stock's Future - The Motley Fool

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Man charged with killing Houston attorney has surrendered - KHOU.com

According to police, Anthony Landry argued with employees because he wanted a refund. Jeffrey Limmer, 46, stepped in to calm the customer before he was shot.

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Federal judge blocks White House plan to curb credit card late fees - CBS News

The banking industry is mounting a last-ditch effort to block a new federal rule that would slash credit card late-payment fees.

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China Credit Shrinks for First Time, Loan Growth Disappoints - Bloomberg

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Berlin Tesla activists say civil disobedience is only option - DW (English)

Police are braced for further protests at the Tesla factory site in Grünheide near Berlin. Activists protesting the expansion of the facility say they have no course of action left but civil disobedience.

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China's EV sector taps offshore markets despite rising western protectionism - Financial Times

Geely-owned EV maker Zeekr rises 34% on debut in the biggest US IPO by a Chinese company in three years

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Self-driving cars could lead to a fourth, white traffic signal — or no signals at all: researchers - Fox Business

With more self-driving cars likely on the road in the not-too-distant future, traffic light technology, which hasn't changed much in the last century, may need to evolve, too.

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Inflation reports, Walmart earnings will drive markets - TheStreet

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Buffett sold stocks at high, will pounce in crash, recession: Dietrich - Business Insider

Buffett sold $17 billion of stocks and amassed a record $189 billion cash pile last quarter because he knows the fun won't last, Paul Dietrich said.

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Inflation is slowing. Here's why prices still aren't going down - NBC DFW

Americans are still feeling the pressure of high prices despite reports of inflation slowing and wages increasing.

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I make $160,000 a month in passive income and work under 5 hours a week: The No. 1 thing I tell people who want to build successful side hustles - CNBC

Entrepreneur Graham Cochrane's businesses bring in $160,000 a month in passive income. He shares the business model that "set him free."

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Fort Worth's tallest building sells for just $12.3M at auction in stunning price drop - Fox Business

The tallest building in Fort Worth, Texas, has been bought by a bank for $12.3 million, three years after it sold $137.5 million. Burnett Plaza has 40 stories and is 567 feet tall.

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Bitcoin: Analyzing the odds of BTC reaching $64K in May - AMBCrypto News

Bitcoin’s price moved up marginally in the last 24 hours, but it might take longer for BTC to turn volatile

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A 35-year-old junior Bank of America associate suddenly died—and it's ignited discussions about Wall Street's intense working conditions - Fortune

Leo Lukenas III, a former Green Beret, joined Bank of America as an investment banker last summer. He died on May 2.

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Shopify Stock Slumps to Record Drop as Revenue Outlook Weakens - The Wall Street Journal

The e-commerce platform also expects narrower margins in current quarter

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Rents in these US cities are rising faster than wages -- with NYC hit the worst - New York Post

New StreetEasy and Zillow findings show that New York has seen its rent growth really outpace its wage growth in recent years.

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Bloomberg: John Ternus emerging as the most likely successor to Tim Cook as Apple CEO - 9to5Mac

A new report from Bloomberg today gives an in-depth look at who could replace Tim Cook as Apple’s CEO, who...

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Crypto Exchange FTX Is the Rare Financial Blowup That Will Repay Victims in Full - The Wall Street Journal

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Airbnb shares slide on lower revenue forecast despite a doubling of net income - The Associated Press

Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market trading. The San Francisco-based short-stay home sharing app said Wednesday that its net income jumped to $2…

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Rehana's Cosmetics, store allegedly doubled as fencing operation: DA - New York Post

The DA’s office charged two people — Bibi Rehana Khan, 54, of Mount Vernon; and Aaron Khan, 40, of the Bronx — and Rehana’s Cosmetics with three counts of criminal possession of stolen …

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What's Going On With Affirm Stock After Earnings? - Affirm Holdings (NASDAQ:AFRM) - Benzinga

Affirm reported quarterly losses of 43 cents per share which beat the analyst estimates and revenue of $576 million, beating the consensus estimate of $549.42 million.

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US's largest public utility ignores warnings in moving forward with new natural gas plant - Yahoo! Voices

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SEC Chair Gary Gensler: ‘Crypto is a small piece of our market, BUT…’ - AMBCrypto News

Is SEC Chair Gensler's stance on crypto justified, or does it show regulatory bias?

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TKO Smashes Wall Street Revenue Expectations, Raises Guidance as UFC Settlement Hits Profits - Hollywood Reporter

The company also inked a deal to keep WWE 'Raw' on USA through the end of this year, filling a gap in the deals.

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Dow ends higher for 6th session, but Treasury yields pressure market - Reuters

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When Nvidia shares rise — these 4 global stocks have tended to rise too, according to recent history - CNBC

CNBC Pro screened for European stocks that were correlated to Nvidia's over the past year.

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Analysts recharge Rivian price target after earnings - TheStreet

This is what could happen next to Rivian shares.

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AstraZeneca pulls its COVID-19 vaccine from the European market - The Associated Press

The pharma giant AstraZeneca has requested that the European authorization for its COVID-19 vaccine be pulled. In an update on the European Medicines Agency’s website Wednesday, the regulator said that the approval for AstraZeneca’s Vaxzevria had been withdra…

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Neuralink says its first in-human brain implant encounters problem - CNBC

Neuralink on Wednesday said part of its brain implant has malfunctioned within human patient.

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Highest-paying jobs right out of school - Fox Business

FOX Business takes a deeper look into the highest-paying entry-level jobs for graduates. April marked the worst month for job creation since October.

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Air India Express cancels flights after hundreds of crew call in sick - Financial Times

Disruption comes as Tata Sons works to overhaul the airline it purchased in 2022

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Patient care disrupted as Ascension hospitals nationwide fall victim to cyber attack - WDIV ClickOnDetroit

Ascension hospitals nationwide have been hit with a cyber-attack.

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Despite Elon's foolishness, auto industry shouldn't give up on Tesla's NACS - Electrek.co

Other automakers should move forward with NACS/J3400 plans, even if Tesla is causing chaos with the standard it first advanced.

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S&P, Dow end higher to extend streaks, despite Disney drag - Reuters.com

The S&P 500 and Dow Jones Industrial Average both clung onto gains to ended slightly higher on Tuesday, extending recent winning streaks fueled by renewed expectations that the Federal Reserve will cut interest rates this year.

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Meta’s AI tools for advertisers can now create full new images, not just new backgrounds - TechCrunch

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Billionaire Stan Druckenmiller says he'd give Bidenomics an 'F' because inflation almost came down before the Fed 'fumbled on the five-yard line' - Fortune

The billionaire investor was disgruntled with Joe Biden, the Federal Reserve, and the Treasury Department, all of whom he said hadn't lowered inflation.

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Hy-Vee recalling multiple items, citing salmonella contamination risk - Fox Business

A recall is underway for two types of Hy-Vee cream cheese the supermarket chain said could possibly be tainted with salmonella. Bulk-packaged Cookies & Cream snack mix was affected.

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