Business
/ArcaMax
Trump set to host Nvidia, Anthropic CEOs to discuss AI risks
Artificial intelligence industry leaders including Anthropic PBC Chief Executive Officer Dario Amodei and Nvidia Corp. CEO Jensen Huang are descending on Washington for meetings with President Donald Trump to discuss growing global concerns over threats posed by the technology.
Trump was set to welcome the executives for a lunch Tuesday at the ...Read more
Labor group: Amazon-linked delivery trucks rack up thousands of tickets a year in NYC
Delivery trucks hired by Amazon, the e-commerce giant, racked up more than 14,000 tickets between 2021 and 2025 for parking, red-light and speed-camera violations in NYC, according to an analysis of public data by the labor coalition Alliance for a Greater New York.
According to the data, from July 2021 through June 2025 — four city fiscal ...Read more
This automaker is sticking with EVs as Trump scraps green car regs
DETROIT — General Motors Co. President Mark Reuss said Tuesday, Sept. 29 that the Detroit automaker remains committed to electric vehicles, even as strict Biden-era environmental rules pushing the industry toward electrification are repealed by the Trump administration.
GM is playing the "long game," Reuss said at the Automotive News Congress...Read more
Fast-improving AI, robotics could make 'dark' auto factories a reality
In parts of a Zeekr factory in northeastern China, luxury electric vehicles are pieced together by hundreds of robots in the dark: If there's no need for human workers, there's no need to keep the lights on.
Experts say no fully "lights-out" mass-vehicle plants exist yet, but that could change soon, exerting enormous pressure on legacy ...Read more
Tech review: iPhone 18 Pro Max
New iPhone day is a recognized holiday at my house. I like to take the day off (or at least work from home) and wait for the delivery.
Apple made some big news with the iPhones it introduced at its event in early September.
Everyone knew the iPhone 18 Pro and Pro Max would be announced, but Apple also introduced the iPhone Duo, which is their ...Read more
AI faces $6 trillion test to justify data centers, Bain says
The global AI industry needs to earn $6 trillion in annual revenue by 2031 to justify the capital being deployed to build data centers around the world, Bain & Co. said.
Existing consumer and enterprise AI services may generate as much as $1.8 trillion of that sum, leaving $4.2 trillion in new revenue that needs to be created, the consulting ...Read more
Paramount, states reject Booker's call for deeper review of merger deal
Paramount Skydance and the state attorneys general are defending their proposed settlement in the face of skeptical questions from Sen. Cory Booker, D-New Jersey, arguing that the judge overseeing the case should approve the agreement without the deeper review the senator has requested.
Booker, the top Democrat on the Senate Judiciary ...Read more
California attorney general to oversee Kaiser's medical arbitration system under new law
The California attorney general will help oversee healthcare giant Kaiser Permanente's medical arbitration system to ensure it operates fairly under legislation Gov. Gavin Newsom signed late Sunday.
Patients, their families and lawyers have complained that Kaiser's private and confidential system of handling medical malpractice complaints is ...Read more
Newsom signs fire insurance reforms but vetoes two bills addressing complaints by wildfire victims
Gov. Gavin Newsom has signed wildfire insurance reforms, but vetoed bills cracking down on claims-handling practices that drew complaints from January 2025 fire victims.
Over the weekend, Newsom signed the Disaster Recovery Reform Act by Sen. Steve Padilla, D-San Diego, sponsored by Insurance Commissioner Ricardo Lara, as well as a bill by ...Read more
NYC Council issues subpoena to Elon Musk's SpaceX to force testimony on dangers of AI
The City Council has issued a rare subpoena to compel testimony from Elon Musk’s SpaceX for a hearing it is planning on the dangers of artificial intelligence.
Other AI firms, including Anthropic and OpenAI, as well as Google and Meta, have signaled they intend to send representatives to testify before the Council at an Oct. 5 hearing. The ...Read more
The era of cheap money is over. What higher rates mean for you
Remember when you could get a mortgage for 2.5%?
Those days seem almost as distant as dial-up internet and $1 gallons of gasoline.
Americans are living in an economy where everything is expensive — and the latest quarter-point interest rate increase by the Federal Reserve will make the cost of borrowing money higher too.
“The U.S. is a ...Read more
After a bruising battle for Warner Bros., David Ellison faces daunting challenges in Hollywood
LOS ANGELES -- Last week’s settlement of the antitrust lawsuit between state attorneys general and Paramount Skydance over its planned merger with Warner Bros. Discovery marked a clear victory for David Ellison.
If approved by a judge, the settlement would clear the way for the emerging Hollywood mogul to complete the blockbuster $111 billion...Read more
The complete guide to balance transfers
Credit cards are powerful financial tools that offer an opportunity to build your credit score. It’s no secret, though, that they can also pave the path to a mountain of debt. Forty-seven percent of cardholders carry a credit card balance from month to month, according to Bankrate’s 2026 Credit Card Debt Report — a potentially expensive ...Read more
Gautam Mukunda: The incentives for entrepreneurs have become warped
A recent New York Times investigation found that sports betting company DraftKings Inc. built a machine-learning model that scored customers by how much they would lose for each free bet or bonus they received. The data analyst assigned to test the model began to worry that many of the customers ranked highest were prone to addiction. By ...Read more
Colombia reaches out to IMF to help resolve fiscal crisis
Colombia’s new government is opening talks with the International Monetary Fund as it grapples with a fiscal crisis that officials have described as the worst in the nation’s history.
President Abelardo de la Espriella, who took office last month, ordered his economic team to begin talks with the Fund, he said in a national address late on...Read more
At an angry time, the business of rage retreats is booming
Kristina McMenamin’s rage retreats started small.
The events, called RAGEher, were 12-person affairs in Chicago. The attendees, all women, opened their arms wide in a vacant retail space McMenamin had rented for $100. They let out guttural screams, pounded their fists into padded bolsters and slammed bats into mattresses with all their might...Read more
Anthropic faces court setback on US supply chain risk label
A federal appeals court in Washington rejected Anthropic PBC’s challenge to a Trump administration designation of the artificial intelligence company as a supply-chain risk to U.S. national security, but an earlier ruling by a judge in California that lifted a government ban appears to remain in place for now.
The 2-1 decision on Friday from ...Read more
Long Ford recalls can take over half a year to remedy, report says
Ford Motor Co. last year set a record in the United States for the number of recalls issued in a single year, but some took longer than others to have a fix available, according to a recent report.
Recalls and warranty costs have weighed on the Dearborn automaker's balance sheets, but looking at the length of time it takes for a repair to be ...Read more
White House mulls range of options to lower diesel costs
Trump administration officials have floated a range of measures to curb soaring diesel costs, from suspending taxes on the fuel to removing restrictions on sales of a dyed, red variety normally reserved for off-road use.
Deliberations were still wide ranging Friday with many ideas still under discussion and a decision on any potential strategy ...Read more
ICE actions hit Kansas meatpacking operations, ranchers say
Increased actions by U.S. immigration enforcement are creating significant disruption to beefpacking operations in Kansas, an area where nearly all of the country’s major processors have operations.
Thousands of cattle set to be shipped to beef processors have been affected by U.S. Immigration and Customs Enforcement activity, according to a ...Read more
Popular Stories
- California attorney general to oversee Kaiser's medical arbitration system under new law
- Newsom signs fire insurance reforms but vetoes two bills addressing complaints by wildfire victims
- Paramount, states reject Booker's call for deeper review of merger deal
- AI faces $6 trillion test to justify data centers, Bain says
- NYC Council issues subpoena to Elon Musk's SpaceX to force testimony on dangers of AI









