Finance & Business News

Hackers breached OpenAI, adding to fever pitch of security and safety concerns - NBC News

A small group of cybersecurity researchers said Sunday that they broke into OpenAI earlier this year, an announcement that has added a new element of alarm around AI security and safety.

Delta adds another new city from LAX, bolsters 7 others as hub battle intensifies - The Points Guy

Delta Air Lines is planning its largest schedule ever at Los Angeles International Airport (LAX) as the hub battle heats up.

'We simply don't know' - JP Morgan struggling to forecast oil prices due to US-Iran war - BBC

The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.

Amazon Prime customers could receive up to $200 in refunds under expanded FTC settlement - MyNorthwest.com

Amazon Prime customers who were unknowingly enrolled in the subscription service could soon see bigger refund checks.

Joby Aviation’s 3,100-mile autonomous flight signals its push beyond electric air taxis - techcrunch.com

An aircraft equipped with Joby Aviation's autonomy technology flew across the United States without a human pilot taking control at any point.

Toys R Us planning major comeback ahead of holiday season - ABC News - Breaking News, Latest News and Videos

Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes - CNBC

The chairman both explained this week's decision to raise interest rates, and raised vexing questions about what comes next

FBI, Coast Guard boarded hacked oil tankers heading towards US coast - TechCrunch

The feds are said to be investigating the compromise of the tankers' networks, which in one case interfered with one of the tanker's navigation and propulsion systems.

If the AI Industry Followed Its Own Research, It Might Have Paused Already - WIRED

Anthropic’s CEO says that safety hinges on understanding how AI “thinks.” So far the evidence is disturbing.

Amtrak sets date for Seattle debut of its amenity-rich Airo Fleet - The Seattle Times

The two new train sets will operate four daily trips between Vancouver, B.C., Seattle, Portland and Eugene, Oregon, in the first phase of the fleet’s introduction.

Kremlin orders Russia businesses of Nestle, Auchan seized - AP News

The Kremlin ordered the Russian businesses of Swiss-based food and beverage company Nestle and French retailer Auchan placed in temporary administration, in a procedure that previously has led to the sale of Western businesses at knockdown prices. The local a…

CFTC files crypto asset rulemaking with White House, pressing ahead without Congress - theblock.co

The Commodity Futures Trading Commission isn't sitting idle — the agency has sent its crypto rulemaking to the White House for review.

Fed staff should have known Silicon Valley Bank was vulnerable, new report finds - CNBC

Fed Vice Chair for Supervision Michelle Bowman said a new report indicates the central bank's staff missed signs ahead of Silicon Valley Bank's 2023 failure.

OpenAI's latest AI revelation is a 'serious situation,' Microsoft's Suleyman tells CNBC - CNBC

Suleyman joined "Squawk Box" to discuss OpenAI's latest incidents of "concerning model behavior" disclosed earlier this week.

Meet San Francisco's 'permanent underclass' — and the ones who think they still have a shot - Business Insider

For non-techies and small-business owners, the city is starting to feel like an exclusive party they can't afford to get into.

Soaring mortgage rates and high prices are putting homeownership further out of reach - NBC News

Interest rates on a 30-year fixed mortgage soared to 7.2%. Coupled with near record high prices, it’s putting homeownership out of reach for millions.

Xi’s edge over Trump on AI - Financial Times

The US president’s anti-regulatory stance fails to take into account that China is catching up

McDonald's and other chains have deals on National Cheeseburger Day - freep.com

National Cheeseburger Day is Friday, Sept. 18, and you can find deals at McDonald's, Burger King and many others in Michigan.

Here's How Google Advertising Antitrust Ruling Could Play Out - Investor's Business Daily

A federal judge has unsealed detailed remedies in an advertising antitrust case.