Analysis
Trump’s Fed Chair Hunt Takes a Wall Street Turn
The quest for a successor to Federal Reserve Chair Jerome Powell has taken a new twist, as a surprising candidate emerges: BlackRock’s Rick Rieder. Although the decision remains uncertain, sources informed that the finance executive made a favorable impression on
The world’s largest nuclear power plant is scheduled to restart on Wednesday in north-central Japan, marking its first operation since the 2011 Fukushima nuclear meltdown. This move comes as resource-poor Japan intensifies its reliance on atomic power to address increasing
Elon Musk has intensified his legal confrontation with OpenAI and Microsoft, asserting that the two firms profited significantly from his initial investment in the artificial intelligence startup and now owe him a portion of those earnings, according to the reports.
A new report released on Monday indicates that global supply chains have entered a phase of structural volatility, compelling companies and governments to reassess their investment and production strategies. As a result, three in four business leaders are now placing
The world’s first legally binding agreement to protect marine life in international waters took effect Saturday, marking a significant milestone for ocean conservation after nearly two decades of negotiations. The High Seas Treaty will regulate almost half of the Earth’s
Elon Musk is seeking damages from OpenAI Inc. and Microsoft, estimating the amount to be between $79 billion and $134 billion. He alleges that the generative AI company deceived him by straying from its nonprofit origins and forming a partnership
Tesla Gets Extension in Self-Driving Tech Probe
US regulators have provided a five-week extension for Tesla to address allegations that its vehicles have violated traffic laws while functioning in what the electric automaker refers to as full self-driving mode. An inquiry into Tesla’s full-self driving feature commenced
An American novelist named Ashley St. Clair, who is also the mother of one of Elon Musk’s children, filed a complaint against his artificial intelligence company xAI on Thursday, accusing the company of making sexually explicit photos of her without
Defense Secretary Pete Hegseth stated on Monday that Elon Musk’s artificial intelligence chatbot Grok will integrate with Google’s generative AI engine within the Pentagon network, as part of a larger initiative to incorporate as much military data as possible into
Gary Nagle has described it as the most obvious deal in mining. For nearly two decades, his predecessor and mentor, Ivan Glasenberg, has been attempting to achieve this goal. And yet the merger of Glencore with Rio Tinto Group has