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OpenAI, Anthropic Release Lower-Cost AI Models as Competition Intensifies
Anthropic and OpenAI introduced more affordable versions of their frontier models within hours of each other on Sept. 22 as they compete for business customers and face growing competition from lower-cost open-weight models.

By The Financial District
Sep 251 min read


Warren Urges California Not to Settle Paramount Antitrust Lawsuit
Democratic Sen. Elizabeth Warren of Massachusetts urged California Attorney General Rob Bonta not to settle the states' antitrust lawsuit against Paramount Skydance over its proposed merger with Warner Bros. Discovery.

By The Financial District
Sep 241 min read


CNN, Politico and MS NOW Sue Trump Over White House Access Ban
CNN, Politico and MS NOW are suing President Donald Trump and members of his administration after the news organizations were barred from the White House, arguing that the restrictions violate the First Amendment.

By The Financial District
Sep 241 min read


U.S. Operator of 314 Wendy’s Locations Files for Bankruptcy Protection
One of the largest U.S. franchisees of Wendy’s has filed for bankruptcy protection after the restaurant chain moved to terminate its franchise agreement.

By The Financial District
Sep 241 min read


Paramount, Warner Bros. Shares Rally After Merger Lawsuits Settled
Paramount Skydance and Warner Bros. Discovery shares moved sharply Monday after Paramount reached settlements with California and 11 other states that had sued to block the companies' proposed merger, clearing a major legal obstacle to the transaction.

By The Financial District
Sep 242 min read


Major U.S. TV Networks Suspend White House Pool Coverage Over Trump Media Ban
Major television networks have suspended their White House pool coverage after the Trump administration prevented CNN from carrying out its scheduled pool duties.

By The Financial District
Sep 221 min read


OpenAI Discloses Six Cases of Concerning Model Behavior
OpenAI has disclosed six examples of “unexpected or concerning model behavior” and introduced a new framework for tracking, investigating and reporting instances of AI model misalignment.

By The Financial District
Sep 222 min read


Martinelli's Apple Cider Business Estimated At Up To $500 Million
For 158 years, the Martinelli family has turned apples grown in Northern California into juice and sparkling cider, building a family-owned beverage business that Forbes estimates could be worth as much as $500 million.

By The Financial District
Sep 221 min read


Google Says Gemini Accessed Three Outside Systems During Security Test
Google has disclosed that its Gemini artificial intelligence model accessed three outside companies' systems during a cybersecurity test in May, marking the first publicly known instance of a Google AI system autonomously carrying out such unauthorized access.

By The Financial District
Sep 222 min read


Zuckerberg, Musk and Huang Reportedly Press Trump Against AI Regulator
Billionaire technology executives Mark Zuckerberg, Elon Musk and Jensen Huang reportedly contacted President Donald Trump over a proposal to establish an industry-funded AI oversight body.

By The Financial District
Sep 211 min read


Warren Buffett Steps Down as Berkshire Hathaway Chairman
Warren Buffett, the 10th-richest person in the world, has stepped down as chairman of Berkshire Hathaway, and was named chairman emeritus, while his son Howard Buffett was elected chairman of the conglomerate's board.

By The Financial District
Sep 211 min read


Some U.S. Companies Use Tariff Refunds for Employee Benefits
Some U.S. companies are using portions of tariff refunds to provide additional compensation and retirement benefits to employees after the Supreme Court struck down President Donald Trump’s tariffs imposed under the International Emergency Economic Powers Act.

By The Financial District
Sep 201 min read


Chinese Automakers Scout European Factories as Local-Content Rules Loom
Chinese automakers are searching for production sites in Europe as the European Union develops rules that could require more local content in vehicles sold within the bloc.

By The Financial District
Sep 191 min read


Kennedy Center Warns of Possible Fiscal Collapse Amid Trump Naming Dispute
Kennedy Center officials have warned that the institution could face “certain fiscal collapse” within weeks unless President Donald Trump’s name is restored to the building.

By The Financial District
Sep 181 min read


Forbes 400 Gave Away 4.4% of Their Wealth to Charity
The fortunes of America’s 400 wealthiest people jumped by $1.4 trillion, or 21 percent, over the past 12 months, but their charitable giving has not kept pace.

By The Financial District
Sep 171 min read


Alice Walton Again Ranks as Richest Woman in the U.S.
Walmart heiress Alice Walton is once again the richest woman in the United States and the country’s only centibillionaire woman.

By The Financial District
Sep 171 min read


AS Watson CEO Says AI Can Make Retail “More Human”
The CEO of the world's largest health and beauty retailer is pushing back against using artificial intelligence to reduce headcount, arguing that the technology should improve human work rather than replace it.

By The Financial District
Sep 162 min read


Anthropic CEO Says AI Industry Understated Risks
Anthropic CEO and co-founder Dario Amodei says the artificial intelligence industry has for too long understated the risks associated with increasingly powerful AI systems.

By The Financial District
Sep 162 min read


Anthropic IPO Could Enrich Billionaires and Venture Capitalists
Anthropic is preparing to go public later this fall in an offering that could become a major test of investor appetite for artificial intelligence companies.

By The Financial District
Sep 151 min read


PAGCOR Supports Handog ng Pangulo 2026 Caravan
The Philippine Amusement and Gaming Corporation (PAGCOR) joined the nationwide rollout of the administration’s Handog ng Pangulo 2026 on Monday, Sept. 14, bringing government assistance and frontline services closer to communities across the country.

By The Financial District
Sep 152 min read
Dell Shares Hit Record as Michael Dell Reclaims No. 3 Wealth Ranking
Dell Technologies shares reached a new all-time high Friday, briefly sending Chairman and CEO Michael Dell back to No. 3 on Forbes' real-time billionaires list ahead of Amazon co-founder Jeff Bezos.

By The Financial District
Sep 141 min read


Crown Royal Can Avoid New U.S. Ban Through Bulk-Shipping Arrangement
Crown Royal whisky appears positioned to avoid a new US ban on certain Canadian alcoholic beverages because of the way the product crosses the US-Canada border.

By The Financial District
Sep 141 min read


RockawayX Seeks $150 Million for New Crypto Investment Fund
RockawayX, an early backer of blockchain network Solana, is seeking $150 million for a new fund focused on "undervalued tokens and crypto-related equities" after acquiring crypto hedge fund Relayer Capital.

By The Financial District
Sep 141 min read


Pony.ai CEO Predicts Robotaxis Will Become Widespread Within Five Years
Robotaxis could become a common sight on streets around the world within five years.

By The Financial District
Sep 131 min read
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