Oil prices fell and stock markets rose after President Donald Trump said the war with Iran would end and the Strait of Hormuz would be "open to all" if Tehran agreed to a deal with Washington. Trump posted on social media that if Iran agrees to the terms of a potential agreement, "the already legendary […]
Posted inArtificial Intelligence, Business, News, Technology
Neuralink executive Zilis testifies in Musk’s OpenAI lawsuit
Shivon Zilis, a Neuralink executive and mother of four of Elon Musk's children, testified Wednesday as a key witness in Musk's lawsuit against OpenAI. Zilis served on OpenAI's board from 2020 to 2023 and worked with the company between 2016 and 2023. OpenAI has argued that during her time at the company, Zilis was involved […]
Posted inEconomy, News, Politics, Real Estate
NYC Real Estate CEO Says ‘Tax the Rich’ Rhetoric Compares to Racial Slurs
Steve Roth, CEO of Vornado Realty Trust, compared the phrase "tax the rich" to racial slurs while defending billionaires against calls for higher taxation. Speaking on his company's quarterly earnings call Tuesday, Roth said the top 1% should be "praised and thanked" rather than targeted for increased taxes. Roth was responding to New York State's […]
Posted inClimate / Environment, Economy, News, World / International
Last Middle East oil tanker arrives in California as prices soar
The New Corolla, an oil tanker that departed the Middle East before the war broke out, arrived in California this week with about 2 million barrels of crude oil from Iraq, marking the last planned shipment to pass through the Strait of Hormuz. The delivery to Long Beach comes as the average price of gasoline […]
Posted inEntertainment, News
Ted Turner, CNN Founder and Media Mogul, Dies at 87
Ted Turner, the television innovator who founded CNN, the first 24-hour cable news channel, and built a vast media empire that reshaped American broadcasting, has died at 87. Mr. Turner's career and larger-than-life personality drew comparisons to William Randolph Hearst, the media baron immortalized in Orson Welles's 1941 film "Citizen Kane." Like Hearst, Mr. Turner […]
Posted inEntertainment, Longform, News
Ted Turner: The Maverick Who Built CNN Into a News Giant
Ted Turner, the brash mogul once known as the "mouth of the South" for his brazen behavior, took on established broadcasters and fundamentally changed television news. In February 1982, Turner's startup cable news channel CNN was not yet two years old and bleeding $2 million a month. To help make payroll, Turner was cashing in […]
Posted inBusiness, Economy, News
Whirlpool warns of ‘recession-level’ slump as geopolitical tensions and tariffs hit sales
Appliance giant Whirlpool is slashing its earnings forecast and raising prices by 10%, with another 4% increase planned, as geopolitical tensions and economic concerns pressure consumers to delay major purchases. The company, which owns brands including KitchenAid, Maytag and Whirlpool, said Middle East tensions led to a "recession-level industry decline" in North America as consumer […]
Posted inEducation, News, Politics, Social Justice
Colleges accused of using ‘trauma shorthand’ to identify Black applicants after affirmative action ruling
A former college admissions officer has raised concerns that universities are using coded language such as "first-generation" and "low-income" to identify Black students in applications following the Supreme Court's decision to ban affirmative action. The allegation has sparked debate over how colleges are adapting their admissions practices in the wake of the high court's 2023 […]
Posted inNews, Politics
Charlotte Mayor Vi Lyles to resign effective June 30
Charlotte Mayor Vi Lyles announced Thursday that she will resign effective June 30, less than six months after the five-term Democrat won reelection to lead the nation's 14th-largest city. "Serving as Charlotte's mayor has been the honor of my life," Lyles, 73, said in a statement. "I am proud of our record navigating various challenges, […]
Posted inNews, Technology
SIM swap scam drains Florida woman’s bank account in minutes
A SIM swap scam allowed hackers to steal a Florida woman's phone number and drain her bank account in minutes. In a SIM swap scam, attackers trick wireless carriers into transferring a victim's phone number to a device they control. Once they gain access to the phone number, hackers can reset passwords and access financial […]