business News

Musk Seeks Up to $134 Billion Damages From OpenAI, Microsoft - Bloomberg.com

Elon Musk wants OpenAI Inc. and Microsoft to pay him damages in the range of $79 billion to $134 billion over his claims that the generative AI company defrauded him by abandoning its nonprofit roots and partnering with the software giant.

Suzanna’s Kitchen Recalls Ready-To-Eat Grilled Chicken Breast Fillet Products due to Possible Listeria Contamination - fsis.usda.gov

ChatGPT ads are coming, and they'll be influenced by your conversations - Axios

Trump Purchased Netflix, Warner Bonds in Days After Deal Announcement - The Wall Street Journal

ChatGPT ads are coming, and they’re not exactly subtle [Gallery] - 9to5Google

OpenAI today announced the inevitable, that ChatGPT will start showing ads in your queries, and they’re pretty prominent too. Ads...

Northeast governors and White House team up to pressure electric grid on data centers and prices - Pittsburgh Post-Gazette

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Nvidia suppliers halt H200 output after China blocks chip shipments - Financial Times

Parts makers concerned about whether Beijing will allow imports of AI processors

Exclusive: Elon Musk’s Boring Co. is studying a tunnel project to Tesla Gigafactory near Reno - Fortune

The surge of traffic, and accidents, on the highway that leads to the burgeoning industrial center in northern Nevada is driving a search for alternatives.

Thinking Machines Cofounder’s Office Relationship Preceded His Termination - WIRED

Trump's proposed credit card cap spotlights Americans' debt. Would it help? - BBC

President Trump's proposal to cap credit card interest rates at 10% - an idea with bipartisan support - received swift backlash from bank executives.

Trump Is Ready For Chinese EVs: 'Let China Come In' - InsideEVs

Todays biggest EV news: Trump says "let China in," these three automakers are the most innovative EV companies and a look inside Ford's $20 billion writedown.

Senate Republicans close ranks around Powell, who spent years building ties in Congress - Fortune

“He knows his way around Congress,” said Robert Tetlow, a former senior policy adviser at the Fed.

Bond yields jump after Trump hints Hassett won't be named Fed chair as Wall Street eyes hawk Warsh - Fortune

“I actually want to keep you where you are, if you want to know the truth,” Trump said at a White House event.

White House Weighs Executive Action to Cap Credit Card Rates - Bloomberg.com

The White House is weighing an executive action to enact President Donald Trump’s call for a cap on credit card interest rates, in addition to other measures seeking to ease US affordability challenges.

Rail Regulator Sends $71.5 Billion Union Pacific-Norfolk Southern Deal Back for Redo - The Wall Street Journal

Surface Transportation Board says application is incomplete, invites companies to revise and resubmit it

Last-minute lawsuit aims to block Micron chip fabs on environmental grounds - Syracuse.com

Complaint filed in Albany says NY and Onondaga County short-circuited the environmental review,

Google is appealing a judge’s search monopoly ruling - The Verge

Google filed a notice to appeal Judge Amit Mehta’s ruling calling it an illegal search monopolist and requesting to pause some of his ordered remedies.

Trump Voices Reluctance at Nominating Hassett as Fed Chair - Bloomberg.com

President Donald Trump expressed reluctance toward nominating Kevin Hassett as Federal Reserve chair, casting further doubt over his search for the next head of the central bank.

PJM Board Outlines Plans To Integrate Large Loads Reliably - PJM Inside Lines

Chinese EVs are making inroads in North America. That worries industry experts - AP News

China’s rapid development of electric vehicles had competitors concerned even before Canada this week agreed to cut its tariffs on EVs in exchange for concessions on Canadian farm products. Experts say an easier path into Canada could be a big boost for Chine…