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Business News

Location American Business News for 2 June 2024

Elon Musk and Jamie Dimon Are Making Peace

Wall Street Journal - 2 Jun 2024 11:30
After years of feuding, the business titans spoke at an exclusive JPMorgan summit, opening the door to the two working together again.
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FAA says it doesn't 'have a timeframe' for when Boeing will be allowed to increase production of its 737 Max planes again The FAA held a three-hour meeting with Boeing leaderslast week to address safety and quality issues following the Alaska Airlines incident.
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Ex-Banker Sentenced to 41 Months in US Prison for Crypto Fraud Scheme Rashawn Russell, a former investment banker, was sentenced on Thursday to 41 months in prison for a cryptocurrency fraud scheme that caused $1.5 million in investor losses. From November 2020 to August 2022, Russell dece...
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Water pipes burst in Atlanta, causing major outages and disruptions State of emergency declared as main breaks leave much of the city without running water and force businesses to close Major water main breaks in Atlanta, Georgia, have caused significant outages and disruptions, as Mayor...
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My son didn't want to invite his whole class to his birthday. I was mortified. I wasn't prepared for my son to tell me he didn't want to invite his whole class to his birthday. He learned a valuable lesson on being kind.
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Here's everything you need to know about Big Tech's AI models and tools but were too afraid to ask Microsoft, Google, OpenAI, Meta and Amazon all have competing AI products and models. Here's a breakdown of what they are.
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Mortgage Interest Rates Today, June 2, 2024 | Rates Could Remain High for Longer Than Expected These are today's mortgage and refinance rates. Mortgage rates ticked up last week and remain elevated today. Until inflation slows, they're unlikely to fall.
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The anti-obesity drug market will be worth $130 billion by 2030, Goldman Sachs analysts said in a research note.
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Treasury and IRS issue proposed regulations under the Inflation Reduction Act for tax credits on clean electricity and energy storage tech.
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Skydance reportedly sweetens its bid for Paramount

Market Watch - 2 Jun 2024 23:20
Skydance reportedly sweetens its bid for Paramount Skydance Media has revised its bid to buy Paramount, allowing shareholders to cash out at a premium, the Wall Street Journal reported Sunday.
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A government watchdog suspended two of Meta's election products ahead of the European election, citing concerns about voter data safety.
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The Biden Administration removes the SBA's 504 loan cap for clean energy projects, boosting support for small businesses in clean energy.
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TikTok has roughly 170 million users in the United States, and both Trump and Biden are angling to appeal to its young audience ahead of November.
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Republic of Gamers (ROG) today announced a new model of the ROG Ally handheld game console. It’s available for preorder now for $800. Designed for Windows 11 gaming on the go, the ROG Ally X features the same AMD Ryzen...
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Economists see healthy job growth, return to growth in service sector Economists surveyed by the Wall Street Journal expect the labor market to show healthy growth. In addition, the service sector is expected to improve.
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Google: Tech giant's leadership and financial history, products, legal troubles, career opportunities, and more Our comprehensive guide to Google, the company founded by Larry Page and Sergey Brin that became the core of the internet.
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Crypto Voter Backlash: How Biden's Veto May Have Cost Him the 2024 Election After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several sp...
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Take-Two CEO seems totally over questions about 'Grand Theft Auto 6' release date Take-Two CEO Strauss Zelnick dodged questions about a 'GTA 6' release date, hinting that Rockstar Games will make future announcements.
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Nvidia reveals new chip named after an astronomer who discovered dark matter Nvidia CEO Jensen Huang said the Rubin is Nvidia's "next-generation platform." It will begin shipping in 2026.
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As organizations mature in their use of gen AI, the game will be about obtaining the highest quality tokens, as quickly as possible.
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Manhattan West adds American favorite PJ Clarke's to thriving roster Brookfield's thriving Manhattan West complex already had Italian, Middle Eastern, Spanish and Japanese restaurants. Soon, it will add home-town American favorite P.J. Clarke's to the mix. The eatery, officially known as ...
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After The New York Times asked its reporters for more detailed, public-facing biographies, it removed some details of their union work.
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