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The Latest Breaking News from the Wall Street Journal

Anthropic Eyes Historic $965B IPO: Could Beat OpenAI to Public Markets

Anthropic, valued at $965 billion, is eyeing a major IPO, potentially surpassing SpaceX's record. The AI firm faces investor scrutiny over spending, competition, and AI safety concerns.

International Business Times UK

Elon Musk Could Score $824 Billion Payday in Tesla-SpaceX Merger—Ross Gerber Says ‘Fantastical Abundance!’

Investor Ross Gerber has weighed in on a clause inside Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) compensation package that could grant him a windfall worth hundreds of billions of dollars if the EV giant merges with or is taken over by an enterprise like Space Exploration Technologies Corp. (NASDAQ:SPCX).

Benzinga

Woman Loses $25K in Fake Jury Duty Arrest Scam: Husband's ChatGPT Search Uncovers Con

Discover how a jury duty scam led a finance manager to lose $25,000 in cryptocurrency, and how a ChatGPT query exposed the fraud. Learn about the rise of such scams and how to protect yourself.

International Business Times UK

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University of Michigan drops grades for freshmen in the first semester to ‘curb mental health crisis’

Come fall 2027, official transcripts for first-semester freshmen will record only whether credit was earned

The Independent UK

Mayor Mamdani Sent 17,000 Tax Notices For His NYC Luxury Property Surcharge— Now a Judge Has Temporarily Blocked the Rollout Because of One Issue

New York City’s attempt to identify properties subject to its new pied-à-terre tax has triggered a lawsuit and temporary court block, with homeowners arguing that the city is incorrectly targeting properties held through trusts and limited liability companies.

Benzinga

Trump’s Iran ‘victory’ within reach? Tehran raises stakes over Hormuz

US president Donald Trump had been preparing to declare victory in the war with Iran if Tehran agreed to fully reopen the Strait of Hormuz. He had also privately signalled to senior aides that he was willing to walk away without securing a nuclear deal, US officials said to the…

The Times of India

Trump claims he’s ‘low-keying it’ with Iran after report he could walk away without nuclear deal

The president claims economic challenges will continue harming Iran, even if US negotiators have been unable to clinch a deal for the Strait of Hormuz to reopen

The Independent UK

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US Iran war: Trump may ditch nuclear deal plan if Tehran reopens Hormuz

US President Trump seeks an exit from the Iran war as the conflict continues to escalate. The administration may set aside the nuclear issue for Strait of Hormuz reopening. Iran has set new conditions for reopening the strategic waterway, demanding US behavior correction. Financial demands and sanctions remain significant hurdles…

The Economic Times

Trump And Warsh Reportedly Held Multiple Calls Over The Past Weeks, Renewing Scrutiny Over Fed Independence

According to people familiar with the discussions, Trump has sought Warsh's views on economic forecasts and broader issues affecting the U.S. economy, but has not pressured him to pursue a specific monetary policy.

International Business Times

Airline workers reportedly decline to help US agents as Trump migrant crackdown accelerates

Expansion of immigration enforcement at US airports puts employees at odds with agents seeking 2,000 daily arrests

The Guardian - US

Retailers are selling their tariff refunds on the cheap for a quick infusion of cash

Some companies struck deals to sell tariff refund shares before the Supreme Court even ruled against the president’s sweeping levies

The Independent UK

Airlines become latest opposition to ICE at airports

Carriers are demanding strict protocols after a gate agent blocked an immigration officer from boarding a Dallas plane without a judge’s warrant

The Independent UK

Socialist Moment

Plus: right-wing burrito wars, a star scholar resigns, Fauci's pandemic phone, and more...

Reason

Judge signals Trump’s defamation lawsuit against Wall Street Journal may be dismissed again

Obama-appointed judge seemed unmoved by Trump attorneys’ arguments in case also naming Murdoch

The Guardian - US

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The Independent UK

Hegseth’s top pick for Army chief of staff struggling to get Republican support: report

GOP senators could block Gen. Christopher LaNeve from securing post on permanent basis amid concern over his comparative lack of experience in fresh headache for Defense Secretary Pete Hegseth, according to the Wall Street Journal

The Independent UK

Trump joins chorus warning accused domestic abuser Max Miller against reelection run: ‘Things aren’t looking good’

Max likeMiller had previously been at the center of domestic abuse allegations raised by his ex-girlfriend, former White House Press Secretary Stephanie Grisham

International Business Times UK

Trump Says Nancy Guthrie Investigators Deserve 'Benefit of the Doubt' as Family Begs for Answers

Trump defends Nancy Guthrie investigators despite a report alleging major crime scene failures, as Savannah Guthrie's family issues a desperate plea for answers.

The Times of India

'Beaten until they enlisted': Russia ramps up forced recruitment amid Ukraine losses - report

Russia is increasingly pressuring men into military service as voluntary recruitment slows, with military recruiters and police in some regions allegedly detaining men and coercing them into signing contracts to fight in Ukraine, according to The Wall Street Journal.

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news in one place.

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The Economic Times

Trump's closest Gulf allies are frustrated with his Iran war strategy: Report

Gulf nations are frustrated by the lack of a clear US strategy against Iran, fearing further strikes on their energy facilities. While the UAE favours military escalation, Saudi Arabia and Qatar are pushing for diplomatic solutions to secure a ceasefire and reopen the critical Strait of Hormuz, a key oil…

International Business Times UK

'Gave Little Regard': Police Dismissed Blood Evidence as a Nosebleed in Nancy Guthrie Abduction

A new report reveals that detectives initially dismissed blood evidence in the Nancy Guthrie case, which has been ongoing for six months, raising questions about the investigation's early stages.

InsideEVs

Tesla Breaking Off Its China Business? Musk Calls It 'Absurdly Fake News'

The Wall Street Journal reported that Tesla was preparing to split off its China business ahead of a potential SpaceX merger.

Latin Times

U.S. Weighs $100,000 Fee for Foreign Students Wanting to Work After Graduation

The proposal would apply to the Optional Practical Training (OPT) program, which allows foreign graduates to work in the U.S. for up to three years

Reason

China Helps Iran

Plus: Baby bust affects college enrollment, migrants flood into Spain, I'm writing a book, and more...

Benzinga

'Leopold Just Stopped Taking Calls': Inside the Week That Gutted Wall Street's Hottest AI Fund

On July 24, Leopold Aschenbrenner sent investors a letter touting returns of 439% for the year through June and 1,551% since inception.

International Business Times UK

Who Is Leopold Aschenbrenner? Ex-OpenAI Researcher Behind the $20B AI Hedge Fund's Sudden Sell-Off

Leopold Aschenbrenner's $20 billion AI hedge fund, Situational Awareness, faced a dramatic reversal, selling its public equity portfolio to Citadel amid a sharp AI market correction.

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