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The Latest Breaking News on Business

‘Utter disregard for the risk to human life’: Florida sues OpenAI and Sam Altman over AI safety

The US state of Florida has filed a lawsuit against OpenAI and Sam Altman, alleging the tech giant and its CEO put profit over public safety with its flagship artificial intelligence (AI) product, ChatGPT.

The Conversation

Trump administration proposes 25% tariff to punish Brazil over trade practices

The United States is proposing a 25% tariff on many imports from Brazil. This action follows an investigation into unfair trade practices. Issues include digital trade and illegal deforestation. The tariffs will not affect certain goods like beef and coffee. Public hearings are scheduled for July. This move could impact…

The Economic Times

Did ChatGPT put children at risk? Why Florida has sued OpenAI and Sam Altman

Florida has sued OpenAI and CEO Sam Altman, alleging they knowingly marketed ChatGPT despite risks to children and the public. The lawsuit claims the company prioritized growth over safety, failing to implement safeguards for minors and contributing to harm, including self-harm and criminal planning. OpenAI disputes these allegations, citing its…

The Times of India

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The launch date for Google's 'Home Speaker' might've broken cover

A retailer's online listing for the Google Home Speaker seemingly revealed its mid-June launch date.

Android Central

Alphabet plans to raise $80 billion for AI goals, Berkshire to invest $10 billion

The deal brings in Warren Buffett's diversified holding company as a major new investor, adding a high-profile endorsement of Alphabet's long-term AI and cloud ‌strategy.

The Economic Times

Warren Buffett’s successor reshapes empire with $10 billion AI gamble

Berkshire Hathaway’s new CEO Greg Abel started the week by inking a deal to acquire homebuilder Taylor Morrison for $6.8 billion, and he's followed that up on with a $10 billion investment in Google's parent company

The Independent UK

Oil steadies as uncertainty over US-Iran talks keeps markets on edge

Oil prices held steady Tuesday amid uncertainty surrounding U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. Brent crude futures edged up, while WTI saw a slight dip. Market analysts emphasize that ongoing negotiations and Iran's threats regarding the Strait will dictate oil price volatility.

The Economic Times

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The automation illusion: Why AI is making COOs' jobs harder, not easier

The executives responsible for keeping the world's biggest companies running thought AI would simplify their jobs. They were wrong.

Fortune

AI could automate 50% of enterprise data work in 18 months: Salesforce SVP Gaurav Pathak

Artificial intelligence is poised to automate half of enterprise data tasks within 18 months. Salesforce's Gaurav Pathak highlights AI agents handling data discovery, integration, governance, and quality. This shift allows employees to focus on strategic work. Indian enterprises are cautiously adopting AI, facing hurdles in business outcomes, governance, privacy, and…

The Economic Times

Hewlett Packard Enterprise Q2 Earnings Call Highlights

Hewlett Packard Enterprise (NYSE:HPE) reported what executives described as a record fiscal 2026 second quarter, with revenue and earnings exceeding the company’s outlook and management raising its full-year financial targets on stronger demand across networking, cloud and AI. President and Chief E

MarketBeat

Dell Stock Could Be Worth 30% More - Based on Strong AI Demand and FCF

Dell's 88% YoY Q1 gain and strong free cash flow (FCF) growth (+42%) pushed DELL stock up 32.8% on Friday, May 29. But it could be worth up to 30% more before buybacks, based on its strong FCF margins.

Barchart

How fintech designed interoperable systems that actually work

Cross-network payments solved by stablecoins reveal strategies any tech company can adopt for efficiency.

TechRadar

7 Money Habits Financial Advisors Say Are Quietly Costing Households Thousands Each Year

Small financial habits often slip under the radar, but those tiny leaks can drain household budgets faster than big obvious expenses. Financial advisors frequently notice that families focus on major bills while overlooking everyday decisions that slowly pile up into serious yearly losses. These habits rarely feel dangerous in the…

The Free Financial Advisor

Berkshire Hathaway CEO signals strategy shift from Warren Buffett legacy with new deal

Berkshire Hathaway’s new chief executive, Greg Abel, has signaled a potential departure from Warren Buffett’s long-held hands-off operating model, following the announcement of a $6.8 billion acquisition of homebuilder Taylor Morrison.

The Independent UK

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Everybody Loves Your Money

Why More People Are Questioning Whether Their Paycheck Goes as Far as It Did Just Six Months Ago

A strange thing has happened in many households over the past several months. The paycheck arrives on schedule, the salary hasn’t changed much, and yet the money seems to disappear faster than ever. Grocery carts cost more to fill, utility bills feel heavier, and even routine errands seem to demand…

The Free Financial Advisor

New York Renters Say Their Budget Stretch Isn’t Coming From Rent Alone Anymore

New York rent grabs headlines for a reason, but the real financial squeeze often hides in plain sight. Renters across the city now watch their budgets tighten from dozens of smaller costs that pile up fast each month. Grocery bills climb, transit expenses jump, and utility charges refuse to stay…

Motor1

'Wasted A Ton Of Time': Driver Wants $60K Car. Then The Saleswoman Calls Them Out For Not Answering Most Crucial Question First

'I really hope I don't get in trouble.'

The Independent UK

6 million Carnival cruise travelers may have had their data leaked. Here’s what customers need to know

The cyberattack occurred in April after a hacker used social engineering to deceive an employee and gain access to the company’s IT system

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Barchart

Option Volatility And Earnings Report For June 1-5

Earnings season is winding down, but we still have a couple of big name companies reporting. This week we have Broadcom, Crowdstrike, Palo Alto Networks, Medtronic and Ciena Corp all reporting.

MarketBeat

Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?

Driven by an AI memory chip shortage, Samsung, SK Hynix, and Micron have crossed $1 trillion market caps as the supply deficit is set to last through 2027.

Barchart

Is Boeing Company Stock Underperforming the S&P 500?

The Boeing Company has lagged behind the S&P 500 Index over the past year, yet analysts remain highly optimistic about the stock’s growth potential.

The Independent UK

More than half of Americans struggle with basic personal finance, study finds

Americans’ understanding of financial concepts has never been higher than 52 percent

GOBankingRates

Over Half of Gen X Retirees Thinking About Working Again – Experts Reveal How They Should

Retirement once meant stepping away from work, but many Gen Xers now expect a second act. A Northwestern Mutual Planning and Progress Study found many doubt they will be financially ready, making...

The Economic Times

U.S. Stock Market prediction: Dow Jones, Nasdaq, S&P 500 set for strong start in June. List of stocks to target, avoid today

Nvidia stock, Microsoft shares have jumped big in the pre-market trading as U.S Stock Market investors eyes strong start to June in Dow Jones, Nasdaq, S&P 500.

MarketBeat

Burlington Beat Earnings Estimates, But Not Investor Expectations

Burlington topped earnings and revenue estimates and raised its outlook, but shares fell sharply as investors appeared to want more.

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