Oil prices set for worst week since October 2023 as OPEC+ fails to reassure market
The OPEC+ output hike will bring about 2.2 million barrels per day back onto the market through the end of…
7-Eleven’s parent company rejects $38.6 billion takeover bid, says offer ‘grossly undervalues’ company
Even if the offer was raised "very significantly," Seven & i said the bid does not consider the "multiple and…
Thoma Bravo founder vows to ‘never touch’ crypto again after disastrous bet on FTX
Orlando Bravo, the founder of buyout firm Thoma Bravo, said he's learned plenty from his failed investment on crypto exchange…
OpenAI gives artists access to unreleased tools like Sora for New York gallery exhibit
OpenAI on Friday announced an art gallery collaboration, allowing artists access to its unreleased artificial intelligence tools for a New…
Eighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box
The letter is meant as a political show of force for Kamala Harris in a tight race with Donald Trump.…
AI craze is distorting VC market, as tech giants like Microsoft and Amazon pour in billions of dollars
With the biggest companies in the world throwing billions of dollars at generative AI startups, traditional VCs are struggling to…
Google’s second antitrust trial could help shape the future of online ads
In its second antitrust trial against the Justice Department, Google will claim that it's allowed for plenty of competition in…
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
Nonfarm payrolls were expected to expand by 161,000 in August while the unemployment rate fell to 4.2%. ...
Hacker praised after $27M crypto heist from Penpie DeFi protocol
The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to…