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Tesla is reportedly adding a new product to its lineup in the near future. Source link

On Everybody’s Business, we explore how the US economy and everyday Americans face long-term consequences from the conflict begun six weeks ago. Source link

Federal Reserve Chairman Jerome Powell and Treasury Secretary Scott Bessent met with major U.S. bank CEOs this week to discuss the possible cyber risks raised by Anthropic‘s Mythos model, CNBC confirmed Friday. The bank heads were already in Washington, D.C., for a Financial Services Forum board meeting when a special gathering was called on Tuesday…

The battle for AI supremacy has gotten political. President Trump is defending Palantir Technologies (PTLR) after “Big Short” investor Michael Burry blasted the company for losing its software edge earlier this week. In a Truth Social post, the president claims Palantir has “great war fighting capabilities and equipment.” He even dared critics to “just ask…

The bold and sensual fashion house has been struggling with debt amidst a slowdown in global luxury spending. Source link

Amazon (AMZN) CEO Andy Jassy released his annual shareholder newsletter on Thursday, outlining the company’s approach to AI and indicating that Amazon is thinking about selling its own AI processors to third parties, increasing competition with Nvidia (NVDA) and AMD (AMD). Jassy said he doesn’t believe the technology is either overhyped or a bubble, but…

Stefano Gabbana resigned as chairman of Dolce & Gabbana and is considering options for his stake in the Italian fashion company ahead of negotiations with its bank lenders. Source link

People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, U.S. July 30, 2022. Octavio Jones | Reuters Disney is planning to begin its next phase of cost cutting, which will include as many as 1,000 layoffs, according to a person familiar with the…

The rise in energy prices has hit Asia particularly hard as many nations are heavily reliant on Gulf oil. Source link

The platforms have grown in popularity, with some users making bets on global events. Source link