White house considers vetting AI Models before they are released, NYT reports
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Business & Finance
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US Treasury to borrow $189 billion in Q2, higher than expected
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Chevron CEO voices concern over Strait of Hormuz ship safety
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Investors endorse Greg Abel—even as Berkshire crowd thins without Buffett as CEO. ‘This was definitely the meeting with the deepest insights’
At Greg Abel’s first annual meeting as Berkshire Hathaway CEO this weekend, the arena was about half as full and the tone was more business-focused—but by and large, investors gave the new CEO a thumbs up. After 60 years as…
European Commission assessing Anthropic’s Mythos AI model implications
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Beef prices are near record levels. The DOJ wants to know if something shady is afoot.
The summer grilling season, smaller cattle herds, droughts, wildfires, processing-plant closures and other supply disruptions have helped push meat prices to record highs this year. Now, the U.S. government is investigating whether corporate consolidation is also at play.
Amazon is taking on FedEx and UPS. That may not be so simple.
FedEx and UPS shares are falling, but one analyst isn’t sure that Amazon’s new service will have a significantly disruptive effect.
GameStop launches a $56 billion bid for eBay — but the math isn’t working out
While eBay shares are rising, Wall Street is questioning the financial engineering that would be required for GameStop to acquire a company nearly three times its size.
Trump administration mulls AI oversight before public release – NYT
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Traders are doubtful Cohen’s GameStop can pull off monster eBay acquisition
Traders on Kalshi and Polymarket give the company just a 25% and 15% chance, respectively, of successfully buying the online marketplace.