Business news

Business news • Jun 21

China's Z.ai open-sourced a frontier coding model the same day Washington banned its American rival

Z.ai released GLM-5.2, a 744-billion-parameter open-weights model under MIT license, on the same day the US banned Anthropic's Fable 5 for foreign users.

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Business news • Jun 21

Chevrolet unveils ‘most powerful Silverado ever’ with new V8 engines, high-tech cabin

Chevrolet unveiled the 2027 Silverado 1500 with new V8 engines, a redesigned exterior and advanced technology, calling it the "most powerful" Silverado...

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Business news • Jun 21

What is GLM-5.2? Another open-source Chinese AI model has Silicon Valley's attention.

GLM-5.2, a new open-source Chinese AI model for long-form coding tasks, is turning heads among Silicon Valley's AI elite.

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Business news • Jun 21

Tesla Driver Using Autopilot Crashes Into Home in Texas and Kills a Woman, Officials Say

The driver told investigators he was using the vehicle's automated-driver system when the vehicle left the roadway and crashed into a house in Harris County...

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Business news • Jun 21

GM replaces more than 1,000 workers with 50 robots at flagship Detroit plant: ‘We’re disgusted’

General Motors has gutted its electric-vehicle ambitions and killed more than 1000 jobs at its flagship Detroit assembly plant — replacing those workers...

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Business news • Jun 21

I Seriously Need These 39 People To Leave Their Husbands And Boyfriends As Soon As Humanly Possible

1. This boyfriend who ironed his nice shirt on his partner's dining room table: Person cleaning a wooden table with stained surface, holding a cloth in one...

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Business news • Jun 21

Bond Traders Burned by Fed’s Pivot Look to Prices Gauge, Oil

Bond traders, recently forced to reposition for the possibility of higher interest rates ahead, are looking to this week's personal spending data for an...

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Business news • Jun 21

Ken Griffin fires back at Mamdani, says business leaders must 'fight for their city'

Citadel founder Ken Griffin urges New York business leaders to speak up against Mayor Zohran Mamdani, warning the city could empty of talent if they stay...

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Business news • Jun 21

Kevin Warsh’s push to axe Fed guidance may lift US borrowing costs, investors warn

Kevin Warsh's push to axe the Federal Reserve's guidance on the direction of monetary policy could increase volatility in the Treasury market and drive...

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Business news • Jun 21

Former Florida hospital CEO accused of funneling $14M for ‘lavish lifestyle’

Palmetto General and other South Florida hospitals are caught in the crosshairs of a legal showdown between two health executives that began earlier this...

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Business news • Jun 21

76-year-old woman killed when a Tesla ‘running on auto-pilot’ crashed into her Texas home

The 76-year-old was 'super healthy' and 'would have made it to 100,' her daughter said.

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Business news • Jun 21

Federal Regulators Want Stablecoins to Keep Working Without ID Checks

Federal regulators in the United States have finally shown their hand on one of the biggest unanswered questions around stablecoin policy, and the answer is...

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Business news • Jun 21

The new kings of the news business are in your inbox

Independent creators are building sustainable media businesses — one newsletter at a time.

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Business news • Jun 21

Polymarket reportedly paid creators to post deceptive videos about fake bets

Many of those videos were reportedly filmed on “near-perfect copies” of the Polymarket website, while featuring trades and winnings that were not real.

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Business news • Jun 21

Suit Says Toyota Charity Took Plans for EV to Aid Farmers

A nonprofit is taking Toyota to federal court over an electric vehicle that tops out around 15 mph. A lawsuit filed in California by Mobility for Africa...

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Business news • Jun 21

Pilot reports passenger bit a fellow flyer on plane approaching Philadelphia: "He's trying to fight everybody"

An unruly passenger apparently bit a fellow flyer on an American Airlines flight as it approached Philadelphia on Sunday, according to the pilot of the...

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Business news • Jun 21

Micron Must Do This on June 24, or Its Stock Could Crash

The AI boom has created a market where good results are no longer good enough. Investors have rewarded companies tied to artificial intelligence with...

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Business news • Jun 21

Fake AAA email scam targets drivers

A scam email posing as AAA claims a federal rule requires drivers to carry emergency rescue tools by July 2026. AAA confirmed the message is not from them.

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Business news • Jun 21

McDonald's revives decades-old favorite for America 250 after years of customer requests

McDonald's is bringing back its fried apple pie to participating restaurants nationwide on June 23 for a limited time as part of America's 250th birthday...

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Business news • Jun 21

When the Trump administration cracks down on Anthropic, who benefits?

On the new episode of Equity, we discussed what actually prompted the administration's latest moves against Anthropic, and what this might mean for the AI...

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