Craig Newmark has just donated $3 million to fund a new artificial intelligence and education initiative from Common Sense Media, as he fears future of AI
Trump trial in Georgia election case won’t happen in October, judge rules
Judge Scott McAfee granted motions from Kenneth Chesebro and Sidney Powell to sever their criminal cases from Trump and 16 other co-defendants.
Arm China ‘doing well,’ CEO says, even as SoftBank’s Masayoshi Son reduces China exposure
SoftBank CEO Masayoshi Son, who made a fortune through Chinese juggernaut Alibaba, said SoftBank had reduced its “exposure in China” by a significant amount.
Jim Cramer says Amazon is back, sees a path to even greater upside on the stock
CNBC’s Jim Cramer on Thursday commended Amazon’s (AMZN) recent efforts to improve profitability.
Tim Scott praises the ‘Laffer Curve’ as he vows to make Trump-era tax cuts permanent
Scott’s plan would make Trump-era tax cuts permanent, rescind President Joe Biden’s Inflation Reduction Act and impose “welfare reform work requirements.”
Sweetgreen sued by workers at 7 New York restaurants for alleged racial discrimination
The lawsuit alleges that Black workers at seven Sweetgreen restaurants were subjected to racist comments and passed over for promotions.
Two cruise lines will benefit due to ‘turbocharged’ demand, says Redburn Atlantic
The broker, part of the Rothschild group, upgraded both Carnival and Norwegian Cruise Line to buy, citing strong industry demand.
U.S. to sanction five Turkey-based firms over accusations of Russia support
The Biden administration is set to implement new sanctions on five Turkish companies amid accusations of the firms aiding Russia in evading sanctions.
August wholesale inflation rises 0.7%, hotter than expected, but core prices in check
The producer price index was expected to increase 0.4% in August, according to the Dow Jones consensus estimate.
European Central Bank hikes rates to record level, hints at possible peak
Economists and analysts were divided over whether the doves or hawks in Frankfurt would win out in September.
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