First Brands’ C.E.O. Steps Down, While Its Accounting Is Questioned
The auto-part maker’s bankruptcy has rocked Wall Street and revealed trouble in the private credit markets. Source link
The auto-part maker’s bankruptcy has rocked Wall Street and revealed trouble in the private credit markets. Source link
OpenAI said Monday it is working with chipmaker Broadcom to design its own artificial intelligence computer chips. The two California companies didn’t disclose the financial terms of the deal but said they will start deploying the new racks of customized “AI accelerators” late next year. It’s the latest big deal between OpenAI, maker of ChatGPT, … Read more
RALEIGH, N.C. — RALEIGH, N.C. (AP) — More than 2.5 million North Carolina residents are getting over $6.5 billion in medical debt eliminated through a state government effort that offered hospitals extra Medicaid funds from Washington if they gave patients the financial relief and implemented policies to discourage future liabilities. Democratic Gov. Josh Stein, the … Read more
MIAMI — The Miami Seaquarium, an old-Florida style tourist attraction that gained international attention as the filming location for the 1960s television series “Flipper” and thrilled generations of tourists with trained dolphin and orca shows, has closed its doors. Sunday’s closure of the park that opened in 1955 was celebrated by animal rights activists who … Read more
Mr. Lebda died on Sunday following an all-terrain vehicle accident on his family’s North Carolina farm, a company spokeswoman said. Source link
NEW YORK — NEW YORK (AP) — LendingTree CEO and founder Doug Lebda died in an an all-terrain vehicle accident over the weekend, the online loaning platform said Monday. In a company announcement, LendingTree confirmed that Lebda unexpectedly died on Sunday and that its leadership “deeply mourns his passing” while extending condolences to the executive’s … Read more
The former CEO of Google has sounded the alarm over the dangers of artificial intelligence models and how they could be hacked, issuing a warning to the industry. Eric Schmidt, who led Google for a decade in the early 2000s, said during a conference last week that AI models are susceptible to hacking if they … Read more
NEW YORK — NEW YORK (AP) — Armed with hundreds of thousands of dollars from Newman’s Own Foundation and Ozempic creator Novo Nordisk, young Native Americans are leading the fight against persistently high rates of food insecurity in tribal communities. In a rare example of agency for a beneficiary community, 21 emerging Indigenous leaders recently … Read more
JPMorgan Chase will directly invest up to $10 billion in U.S. companies with crucial ties to national security. The investment plan revealed Monday will focus on four areas: supply chain and advanced manufacturing in critical minerals, pharmaceutical precursors and robotics; defense and aerospace; energy independence, with investments in battery storage and grid resilience; and strategic … Read more
DARTMOUTH, Mass. — DARTMOUTH, Mass. (AP) — A plane crashed along a highway in Massachusetts early Monday, sending a plume of smoke into the air and forcing the closure of the major highway, the Massachusetts State Police said in a statement. It was unclear whether there were injuries in the crash in Dartmouth, Massachusetts. In … Read more