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Category: Business

Altman Testifies About HairRaising AI Safety Chat With Musk  Bloombergcom

Altman Testifies About HairRaising AI Safety Chat With Musk Bloombergcom

May 12, 2026
OpenAI’s Sam Altman testified that he was “extremely uncomfortable” with Elon Musk’s insistence that he have complete control over a proposed for-profit subsidiary of the startup back in 2017.
Stock Market Today Dow Nasdaq Sink on Soaring Inflation  Live Updates  WSJ

Stock Market Today Dow Nasdaq Sink on Soaring Inflation Live Updates WSJ

Angel Au-Y...May 12, 2026
The Consumer Price Index showed inflation jumped 3.8% in April. Follow along for live updates on markets and the top finance, economics and business stories.
EBay Rejects GameStops 56 Billion Takeover as Not Credible  Bloombergcom

EBay Rejects GameStops 56 Billion Takeover as Not Credible Bloombergcom

Spencer So...May 12, 2026
EBay Inc. rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the unsolicited bid as “neither credible nor attractive.”
Asia Stocks to Gain Oil Rises on USIran Deadlock Markets Wrap  Bloombergcom

Asia Stocks to Gain Oil Rises on USIran Deadlock Markets Wrap Bloombergcom

Andre Jans...May 12, 2026
A retreat in high-flying technology stocks is dragging equities lower as traders wait for US inflation data. Brent rose for a third straight day, with the ceasefire in the Middle…
Musk Cook Set to Join Trump for Xi Summit White House Says  Bloomberg

Musk Cook Set to Join Trump for Xi Summit White House Says Bloomberg

Jeff MasonMay 11, 2026
The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his…
Iran CeaseFire Is on Massive Life Support Trump Says  WSJ

Iran CeaseFire Is on Massive Life Support Trump Says WSJ

Mariah Tim...May 11, 2026
The president blasted a counteroffer from Tehran, which focused on lifting the Hormuz blockade and shelving nuclear talks
FCC Commissioner Tells Disney That Agency Is on Campaign to Censor It  WSJ

FCC Commissioner Tells Disney That Agency Is on Campaign to Censor It WSJ

WSJMay 11, 2026
FCC Commissioner Tells Disney That Agency Is on Campaign to Censor It - WSJ
Housing Markets Spring Is Shaping Up as a Bust After April Sales Were Flat  WSJ

Housing Markets Spring Is Shaping Up as a Bust After April Sales Were Flat WSJ

Nicole Fri...May 11, 2026
Existing-home sales edged up 0.2%, well below economist expectations and extending the industry’s long slump
US Hantavirus Cruise Passengers Flown to Quarantine Center After Positive Test  WSJ

US Hantavirus Cruise Passengers Flown to Quarantine Center After Positive Test WSJ

Gareth Vip...May 11, 2026
Two of the passengers were transported in biocontainment units, while a woman in France also tested positive

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