Sam Altman calls Iyo lawsuit silly' after OpenAI scrubs Jony Ive deal from website

OpenAI CEO Sam Altman responded on X to a lawsuit from startup Iyo, which is claiming trademark infringement.

Industry 2025-06-24 23:11

Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill

Bitcoin rose in trading on Tuesday after Israel and Iran ceasefire, as senators introduced a major crypto bill, and bitcoin treasuries’ boom continues.

Industry 2025-06-24 23:00

FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year

FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.

Industry 2025-06-24 22:09

Carnival shares pop on earnings beat and raised full-year outlook

Carnival shares climbed Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance.

Industry 2025-06-24 19:23

Get whatever work you possibly can,' says Danielle DiMartino Booth, highlighting the need for workers to be adaptable in the fickle economy

In this latest episode of “The Bottom Line,” Danielle DiMartino Booth explains how companies and workers can stay afloat in this fickle economy.

Industry 2025-06-24 18:20

Back-to-school spending persists despite economic pressure, consumer survey says

Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey.

Industry 2025-06-24 18:14

Ambarella shares soar 17% on report chip designer is exploring sale

The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.

Industry 2025-06-24 17:46

Ambarella shares soar 19% on report chip designer is exploring sale

The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.

Industry 2025-06-24 17:46

Ambarella shares soar more than 20% on report chip designer is exploring sale

The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.

Industry 2025-06-24 17:46

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

The sales are the first stop in Huang’s plan adopted in March to sell as many as 600,000 shares of the AI company through the end of the year.

Industry 2025-06-24 17:29

Judge rules Anthropic did not violate authors' copyrights with AI book training

The decision is a major win for AI companies as legal battles play out over the use and application of copyrighted works in LLMs

Industry 2025-06-24 16:57

Trump Slams "Dumb" Fed Chair As Powell Shrugs Off Dovish Colleagues, Reiterates "No Rush" To Cut

In his prepared remarks ahead of this morning's Humphrey-Hawkins testimony to Congress, Fed Chair Po

Industry 2025-06-24 16:42

Home price hikes are slowing more than expected

Home prices are starting to weaken due to higher mortgage rates, more supply on the market and waning demand from homebuyers concerned about the economy.

Industry 2025-06-24 16:36

Senate version of Trump's budget bill would raise the debt ceiling by $5 trillion—what it could mean for your wallet

Senate Republicans back a $5 trillion debt ceiling increase — the largest ever — but experts say its unlikely to raise borrowing costs in the short term.

Industry 2025-06-24 15:54

McDonald's and Krispy Kreme will end doughnut partnership next month

Krispy Kreme and McDonald’s are ending their collaboration for good, saying the deal was not profitable for the doughnut chain.

Industry 2025-06-24 15:01

Average 401(k) savings rates are at record-high levels. How figures compare to popular benchmarks

The average 401(k) savings rate is at record-high levels, according to a Vanguard report. See how the current rate compares to the recommended benchmarks.

Industry 2025-06-24 15:00

This summer expense could cost you around $200 a month—6 tips to save

Air conditioning costs are expected to rise by 4% this summer, according to the Energy Information Administration. Here’s how experts advise to save.

Industry 2025-06-24 14:15

This summer expense could cost you around $200 a month — 6 tips to save

Air conditioning costs are expected to rise by 4% this summer, according to the Energy Information Administration. Here’s how experts advise to save.

Industry 2025-06-24 14:15

The U.S. gained 1,000 millionaires a day on average in 2024, new report finds

The number of millionaires in the U.S. is growing, but those who are already wealthy are still seeing the fastest gains.

Industry 2025-06-24 14:00

The top private and public colleges for financial aid — 5 offer average scholarships of more than $50,000

These are the public and private colleges with the most generous financial aid packages in 2025, according to The Princeton Review.

Industry 2025-06-24 14:00