Business news

Business news • Jun 14

Oil prices fall on US-Iran agreement

Oil prices dropped on Sunday after President Donald Trump said an agreement with Iran had been reached and the United States would end its naval blockade on...

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Business news • Jun 14

Anthropic scrambles after Trump administration freezes its top AI models

The Trump administration's decision to force Anthropic to suspend its most advanced AI models, days after the $900bn company released them to the public,...

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Business news • Jun 14

Jim Cramer gives Elon Musk's SpaceX a ringing endorsement after Friday's historic debut

I view SpaceX as a company with some of the greatest optionality of any newly public entity.

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Business news • Jun 14

Strait of Hormuz oil backlog could take weeks to clear after US-Iran deal

Hundreds of ships stranded in the Gulf could take weeks to clear even if a US-Iran agreement reopens the Strait of Hormuz, with analysts warning that oil...

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Business news • Jun 14

Shares surge, oil skids in Asia on Gulf deal

SYDNEY, June 15 (Reuters) - Share markets surged in Asia on Monday while the dollar slipped and oil prices tumbled as a tentative ​peace deal between the...

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Business news • Jun 14

US Futures Climb, Oil Falls on Iran Peace Deal: Markets Wrap

Stocks and Treasuries rallied while oil fell to a three-month low after the US and Iran reached a deal to reopen the Strait of Hormuz, easing concerns over...

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Business news • Jun 14

Google CEO Sundar Pichai passes on AI in Stanford grad speech

For college commencement speakers this year, mentioning how artificial intelligence is changing the job market or the world in general has been a surefire...

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Business news • Jun 14

Startup CEO Charlie Javice is reportedly angling for a Trump pardon

Charlie Javice, the convicted Frank founder, is reportedly seeking a presidential pardon, with her camp quietly courting people close to the Trump...

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Business news • Jun 14

A warning from Amazon led the White House to shut down Anthropic’s Mythos model

Amazon's CEO reportedly raised the alarm about a jailbreak in Anthropic's Fable 5 model, triggering an unprecedented export control order and a fresh clash...

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Business news • Jun 14

The FBI built a small town to simulate cyberattacks

The FBI's Kinetic Cyber Range has fake a hotel, a gas station, and even its own data center for people to protest.

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Business news • Jun 14

Gas prices fall below $4 a gallon, GasBuddy says

Gas prices fell below $4 per gallon on Monday, GasBuddy said, crossing the milestone as oil costs eased in response to an agreement between the United...

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Business news • Jun 14

Donald Trump’s blocking of Anthropic is capricious and chaotic

“IT IS TIME to go beyond transparency to more serious and binding regulation of AI,” wrote Dario Amodei (pictured), the boss of Anthropic, a leading AI lab,...

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Business news • Jun 14

Donald Trump has cut off access to the world’s best AI model

“IT IS TIME to go beyond transparency to more serious and binding regulation of AI,” wrote Dario Amodei (pictured), the boss of Anthropic, a leading AI lab,...

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Business news • Jun 14

Scoop: Anthropic flies staff to D.C. to clean up White House fight

Senior technical Anthropic staff are in Washington to meet with White House officials to try to fix a dispute that has taken the company's top models...

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Business news • Jun 14

Organic formula brand issues recall after 3 babies diagnosed with infant botulism

An organic baby formula is being voluntarily recalled after three infants who were fed the product were hospitalized with infant botulism, according to a...

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Business news • Jun 14

Nara Organics recalls infant formula after 3 babies are diagnosed with botulism

Nara Organics recalled its Whole Milk Organic Infant Formula sold nationwide after three children in three states developed infant botulism, according to...

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Business news • Jun 14

UK electric car sales target set to be weakened

The new target hasn't yet been decided, with different numbers under consideration, the BBC understands.

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Business news • Jun 14

Experts unclear about the future of gas prices

Minnesota gas prices are falling, but experts say drivers may wait a while before prices drop below $3. AAA says the state average for gas in Minnesota is...

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Business news • Jun 14

Infant formula recalled after California baby sickened with botulism

Nara Organics recalled its whole milk baby formula after a California child and two others were sickened by potentially fatal infant botulism,...

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Business news • Jun 14

Carney Says Anthropic Ban Shows Risk of Relying on Big AI Models

Prime Minister Mark Carney said the US export ban blocking all foreign access to Anthropic PBC's latest artificial intelligence models underscores the risk...

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