Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325 million in stock to Trump Accounts
President Donald Trump praised SpaceX president Gwynne Shotwell on Thursday after she and her husband announced an undisclosed SpaceX stock...
Jersey Mike’s $12 billion IPO filing reveals a $50 million payday for the founder’s stepson and a $41 million jet
Jersey Mike’s has filed for an initial public offering, and its disclosures reveal just how much its founder and former...
Amazon’s CTO on how developers can ride the AI-powered coding wave
Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: Amazon’s CTO on the AI coding revolution. All the...
Meta releases latest update of AI model Muse Spark as tech giant accelerates AI push under Alexandr Wang
Meta released a new version of Muse Spark on Thursday, claiming that the AI model surpasses the capabilities of prior...
Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts
Billionaire MacKenzie Scott has become one of the most prolific philanthropists of the modern era by writing massive, no-strings-attached checks...
Fed’s Williams says AI is now his main inflation concern
Federal Reserve Bank of New York President John Williams said that among the drivers of inflation in the US, he’s...
Farm groups saved Bayer in court over RoundUp cancer claims. Five days later, Bayer called for tariffs on the ingredient farmers rely on
Bayer has picked a fight with some of its most important customers: U.S. farmers. The German multinational pharmaceutical and biotechnology...
‘Sony essentially destroys its own defense’: How its disc-free PS5 plan triggered a $457M lawsuit and undercut its antitrust defense
Sony’s plan to phase out physical PlayStation 5 discs by January 2028 has moved from a public relations problem to...
The housing market just split in two: Prices are falling out West and soaring in the Northeast
Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time...
Three-time Olympic canoeist pleads not guilty to touching water in Reflecting Pool vandalism charge
A former Olympic canoe racer pleaded not guilty on Thursday to deliberately damaging the recently renovated Lincoln Memorial Reflecting Pool,...
Altman says OpenAI made ‘many changes’ during talks with U.S.
OpenAI Chief Executive Officer Sam Altman said his company made “many changes” during its discussions with the Trump administration before...
How Qualcomm’s CIO is placing big bets on AI to support the chip company’s diversification push
Atilla Tinic spent three decades in the telecommunications sector, but it was his most-recent role in the field—serving as chief...
U.S.-Iran talks are ‘eerily similar’ to Trump’s bumpy China dealings in his first term, says top economist—don’t rule out further oil price spikes
It seems U.S.-Iran negotiations aren’t going as planned for either side, with fresh hostilities flaring this week, sending oil prices...
Self-made multimillionaire says Canadians ‘give no money away’ compared with Americans—research shows U.S. giving is more than twice as high
The gap between the rich and the poor continues to rise at an extraordinary pace. Just 56,000 ultra-wealthy individuals—the world’s...
PepsiCo cut chip prices to win back frustrated shoppers. The Iran war got in the way
PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers...
