1. Home
  2. Business

Category: Business

Business
Entire Sac Bee sports team eliminated in sweeping McClatchy layoffs

Entire Sac Bee sports team eliminated in sweeping McClatchy layoffs

The sports landscape in California's capital took a devastating blow this week as McClatchy announced wide ranging layoffs that completely wiped out the sports department at the Sacramento Bee. This move was part of a

Business
Trump’s forced coal plant extensions thrown out by judge

Trump’s forced coal plant extensions thrown out by judge

A federal judge has struck down a series of emergency declarations used by the Trump administration to force coal plants to remain operational, ruling that the Department of Energy exceeded its legal authority. The decision

Business
Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job

Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job

Caroline Ellison has stepped out of the shadows after serving her prison sentence for her role in the collapse of the FTX cryptocurrency empire. Austin Chen, the founder of the grantmaking nonprofit Manifund, revealed on

Business
Anthropic CEO calls for ‘pacing the frontier’ of AI race amid safety concerns

Anthropic CEO calls for ‘pacing the frontier’ of AI race amid safety concerns

Dario Amodei, the chief executive of Anthropic, is calling for a deliberate slowdown in the development of artificial intelligence, warning that the current breakneck speed of innovation could lead to catastrophic outcomes. In a detailed

Business
Miami crash raises concerns about the jet’s operator, and why it’s flying for Amazon

Miami crash raises concerns about the jet’s operator, and why it’s flying for Amazon

A devastating crash at Miami International Airport has sparked an intense debate over the safety standards of Amazon's logistics network after a cargo plane overran the runway, striking vehicles and killing five ground workers. New

Business
‘We must slow the pace’: CEO of Anthropic calls for an AI slowdown

‘We must slow the pace’: CEO of Anthropic calls for an AI slowdown

Dario Amodei, the chief executive of AI firm Anthropic, has issued a stark warning to the tech industry, calling for a deliberate slowdown in the development of artificial intelligence. In a recently published essay titled

Business
GM plans U.S. battery development as Trump’s DOT attacks Ford for China ties

GM plans U.S. battery development as Trump’s DOT attacks Ford for China ties

General Motors is aggressively pursuing a strategy to decouple its battery supply chain from China, moving toward a fully domestic production model within the next few years. This push comes at a politically charged moment,

Business
Oil’s roundtrip back to $100. Why China could determine what happens next

Oil’s roundtrip back to $100. Why China could determine what happens next

Crude oil prices have made a dramatic round trip back toward the century mark, with U.S. benchmarks topping 102 dollars per barrel this week. This surge represents a staggering climb from summer lows near 68

Business
Sam Altman: OpenAI won’t go public this year as IPO now would come at an ‘ill-advised moment’

Sam Altman: OpenAI won’t go public this year as IPO now would come at an ‘ill-advised moment’

Investors hoping for a piece of the artificial intelligence boom will have to keep waiting, as OpenAI CEO Sam Altman has confirmed that the company will not launch an initial public offering in 2026. In

Business
OpenAI’s Sam Altman says it would be ‘ill-advised’ to go public in 2026

OpenAI’s Sam Altman says it would be ‘ill-advised’ to go public in 2026

Sam Altman has put a damper on expectations that OpenAI would hit the stock market this year, stating that moving forward with an initial public offering in 2026 would be ill advised. Speaking with Fortune