Kevin Warsh won Senate confirmation to become the next chair of the Federal Reserve, clearing the final congressional hurdle to take over leadership of the U.S. central bank. Warsh, a former Federal Reserve official who was nominated for the role by President Donald Trump, secured approval in a vote that multiple outlets described as a…
President Donald Trump is traveling to China accompanied by a delegation of U.S. corporate leaders, including executives tied to Tesla and Nvidia, as the administration engages with Chinese officials in a high-stakes visit closely watched by global markets. The group includes more than a dozen executives from major U.S. companies, according to published reports. Reuters…
Alex Murdaugh’s double-murder convictions have been overturned by the South Carolina Supreme Court, which ordered a new trial in the high-profile case involving the killings of his wife, Maggie Murdaugh, and son, Paul Murdaugh. The ruling from the state’s highest court throws out the guilty verdicts that had made Murdaugh, a former attorney from a…
South Carolina’s Supreme Court has overturned Alex Murdaugh’s murder convictions and ordered a new trial, wiping out the guilty verdicts that sent the disbarred attorney to prison for the killings of his wife and son. The ruling reverses Murdaugh’s convictions in the 2021 shootings of his wife, Maggie Murdaugh, and their son, Paul Murdaugh. The…
Anthropic has surpassed OpenAI in the number of business customers, according to data from Ramp, marking a shift in which AI provider is most widely adopted by companies. The finding is based on Ramp data that tracks business customer adoption, as reported by multiple outlets including TechCrunch, Business Insider, The Wall Street Journal and Axios….
OpenAI Chief Executive Sam Altman testified that Elon Musk sought control of the artificial intelligence company, telling a jury that Musk wanted a dominant ownership position and influence over how OpenAI would be run. Altman’s remarks came in court testimony tied to a tech trial that has put the early history of OpenAI and its…
OpenAI is facing a lawsuit in a California court alleging that advice from its chatbot contributed to a fatal overdose, according to a Reuters report. The complaint accuses the chatbot of providing guidance that was followed and later preceded the death. The case names OpenAI and centers on claims that the company bears legal responsibility…
Donald Trump is set to arrive in China for a high-stakes meeting with Chinese President Xi Jinping, putting two of the world’s most powerful leaders face to face as multiple disputes and security concerns hang over the relationship. The visit centers on talks in Beijing, where Trump and Xi are expected to meet with several…
SoftBank reported a roughly $46 billion gain at its Vision Fund, driven mainly by the Japanese conglomerate’s investment in OpenAI, according to published reports. The result was tied to the performance of SoftBank’s Vision Fund business, a core part of the company’s strategy of placing large bets on fast-growing technology firms. The gain was described…
Sam Altman took the witness stand in an OpenAI trial and told the court he is trustworthy, directly pushing back against claims raised by Elon Musk in a high-profile legal fight involving the artificial intelligence company. Altman’s testimony came amid a contentious courtroom exchange that has placed two of Silicon Valley’s most prominent figures on…
Chevron CEO Mike Wirth said physical oil shortages are starting, a comment that puts renewed focus on supply conditions and what they could mean for major producers such as Chevron and its CVX stock. Wirth’s remark, cited in recent investor-focused coverage, frames the situation as a tangible supply issue rather than a purely financial or…
A Utah woman who wrote and published a book about coping with grief after the death of her husband is scheduled to be sentenced following her murder conviction in his killing. The case centers on Kouri Richins, a Utah mother and author who was found guilty of murdering her husband. Sentencing is expected to address…