Elon Musk’s Wealth Slumps $20 Billion as Tesla Shares Tumble
Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the
2023-07-21 04:56
Startup Cerebras Takes on Nvidia With AI Supercomputers
Startup chipmaker Cerebras Systems Inc. announced that it’s built the first of nine artificial intelligence supercomputers in a
2023-07-21 04:48
Billionaire Jeff Yass Gives $10 Million to Group Seeking Trump Alternative
Billionaire Jeff Yass donated $10 million to the super PAC arm of Club for Growth, a pro-business, anti-tax
2023-07-21 03:20
Fed Debuts New Payments Network to Speed Up US Money Movement
The Federal Reserve debuted a new payments system designed to speed up the movement of money among banks
2023-07-21 02:16
Rutgers, Stony Brook Among Colleges Warning of Data Exposure From MOVEit Hack
The ongoing cyberattack exploiting MOVEit file-transfer software has taken a toll on US colleges and universities. At least
2023-07-21 01:53
OpenAI Backs Idea of Requiring Licenses for Advanced AI Systems
An internal policy memo drafted by OpenAI shows the company supports the idea of requiring government licenses from
2023-07-21 01:17
Argentina’s Companies Rush to Raise Dollars Before Election Volatility
Companies in Argentina are jumping at the chance to refinance their debt at rock-bottom rates as investors brace
2023-07-21 00:55
GLP in Talks to Sell Some China Assets to State-Backed Firm
GLP Pte is in talks with state-owned China Logistics Group Ltd. about potentially selling some of its assets
2023-07-20 17:46
Fed Seen Hiking Final Time to a 22-Year Peak in Economist Survey
Most economists expect the Federal Reserve to lift interest rates one more time next week as it ends
2023-07-20 17:21
America Is Barreling Toward a Summer of Strikes
More than 650,000 American workers are threatening to go on strike this summer — or have already done
2023-07-20 17:20
European Stocks Slide as Chip Sector Hurt By TSMC Outlook Cut
European stocks opened lower as chip stocks were dragged down by Taiwan Semiconductor Manufacturing Co. outlook cut, while
2023-07-20 15:51
Yellen Meets Vietnamese PM as US Friend-Shoring Expands in Asia
Treasury Secretary Janet Yellen met with Vietnam’s Prime Minister Pham Minh Chinh on Thursday to promote trade ties
2023-07-20 15:51