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The Latest Breaking News from the Wall Street Journal

Fyre Fest 2 tickets on sale for $1.1 million will let you scuba-dive with disgraced founder Billy McFarland

The convicted fraudster behind 2017's infamous Fyre Festival says fans are already snapping up tickets—ranging from $400 to $1.1 million—for its second attempt.

Fortune

Succession battle for Murdoch empire to play out in secret in Nevada court

Rupert Murdoch and his oldest son, Lachlan, are seeking to strip media magnate’s other adult children of voting power

The Guardian - US

Neck and Neck

Plus: Baby showers for frozen eggs, Orban pulls an Abbott, China's economic woes, and more...

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

Musk Denies Tesla And xAI Collaboration On AI Technology And Revenue Sharing

"The xAI models are gigantic, containing, in compressed form, most of human knowledge, and couldn't possibly run on the Tesla vehicle inference computer, nor would we want them to," Elon Musk said on X.

International Business Times

Elon Musk’s xAI startup could help Tesla with FSD, Optimus, and Siri-like feature, report says

The proposed arrangement would also involve Tesla sharing some revenue with xAI, sources told the Wall Street Journal.

Fortune

Elon Musk Says Report xAI Has Discussed Sharing Tesla Revenue 'Not Accurate'

Elon Musk said a report that his xAI has discussed a deal in which Tesla would share revenue for using its AI models is "not accurate."

Investors Business Daily

Fyre Festival II going ahead with tickets costing $8,000, but details still unclear

Currently, there is no venue, no date, and no lineup but co-founder Billy McFarland has said ‘Fyre II has to work’

Evening Standard

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Fyre Festival founder says sequel event is happening, but can’t say when, where, or who will attend

No word on if Fyre Fest II will use the same cheese sandwich providers it employed the first time around

The Independent UK

Microsoft’s Copilot+ PCs can’t play many popular games — what’s happening?

A new report details how Microsoft and Qualcomm's Copilot+ PCs can't properly run many popular PC games.

Tom’s Guide

Faced with bullish bosses, workers in Japan hire firms to help them quit

Japan is at a crossroads, as the government attempts to reinvent a workaholic culture

Fortune

Optimism in the country perked up after Harris entered race with poll reaching highest peak since 2021

In early July, only 20 percent of people polled by the Wall Street Journal thought the country was headed in the right direction.

The Independent UK

Microsoft, Apple, and NVIDIA will reportedly bail out OpenAI from the shackles of bankruptcy, pushing the ChatGPT maker’s market valuation to over $100 billion

OpenAI is reportedly in talks to raise funding which could push its market valuation to over $100 billion, with Microsoft, NVIDIA, and Apple as the top investors.

Windows Central

Brewing Trouble: Starbucks Stirs Up 6% Decline as Pricey Lattes and Politics Leave Customers Steamed

Starbucks faces a 6% drop in orders as rising prices and controversial political stances drive customers away, sparking widespread dissatisfaction.

International Business Times UK

Elon Musk’s Twitter deal may be the worst leveraged buyout deal for banks since Lehman, raising risks to Tesla

Banks had hoped to package and sell Musk’s LBO debt to investors. Instead, it has sat on their balance sheet, tying up capital, for almost two years.

Fortune

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USA Today Sports Media Group

Anthony Edwards trashed every 90s NBA player (except Michael Jordan) in a delightfully uninformed rant

Anthony Edwards knows that the best hating is uninformed hating.

Al Jazeera

Russia’s Lavrov says ‘clear’ that US ordered 2022 Nord Stream blasts

Top diplomat doubles down on theory after reports that German prosecutors issued an arrest warrant for Ukrainian man.

The Independent UK

Polish leader urges Nord Stream patrons to 'keep quiet' as pipeline mystery returns to spotlight

Poland's prime minister has reacted to reports that revived speculation about who blew up the Nord Stream pipelines in 2022

Reason

Uvalde Police Timid, Bungling During School Shooting, New Records Reveal

If you want something done right, do it yourself. That includes protecting family, friends, and neighbors.

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Radio France Internationale

Ukraine denies involvement in Nord Stream pipeline sabotage

Ukraine has denied a report from The Wall Street Journal that it was involved in the 2022 explosion of the Nord Stream 2 gas pipeline transporting Russian gas to Europe. Germany has issued an arrest warrant for a Ukrainian suspect.

International Business Times

Ukraine Rejects As 'Nonsense' Alleged Role In Nord Stream Blasts

Ukraine on Thursday rejected as "absolute nonsense" suggestions it was involved in the 2022 sabotage of the Nord Stream pipelines, which transported Russian gas to Europe via the Baltic Sea.

Reason

Biden Opens the Floodgates on Weapons for the Middle East

The president is reversing a ban on selling offensive weapons to Saudi Arabia and advancing taxpayer-funded military aid to Israel.

Barchart

Stocks Close Narrowly Mixed, Awaiting US Inflation Reports

The S&P 500 Index ($SPX ) (SPY ) on Monday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.16%. US stocks on Monday ended narrowly mixed. Stocks saw support from a -3.6 bp...

Latin Times

Has the U.S. offered amnesty to Maduro and his allies? The question remains unclear

As the fallout of Venezuela's election continues, the situation at the domestic and international level continues to be fluid

Barchart

Stocks Mostly Higher on Positive Corporate News

The S&P 500 Index ($SPX ) (SPY ) today is up +0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.62%. US stocks today are mostly higher, with the S&P 500 and Nasdaq 100 climbing...

Barchart

Stocks Narrowly Mixed Ahead of US PPI and CPI Reports This Week

The S&P 500 Index ($SPX ) (SPY ) today is up +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.12%. US stocks today are seeing support from positive corporate news. KeyCorp is up more...

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