Day: February 14, 2025
OpenAI rejects Musk’s takeover offer, says it was ‘not a bid at all’
Sam Altman, left, and Elon Musk. Muhammed Selim Korkutata | Anadolu | Getty Images OpenAI has officially rejected Elon Musk’s proposal to buy the artificial intelligence startup’s nonprofit parent for $97.4 billion. In a short letter to Musk’s lawyer Friday, OpenAI’s attorney, William Savitt, said the OpenAI board had reviewed the proposal and determined that […]
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Eric Adams denies quid pro quo, urges New Yorkers to put this ‘episode behind us’
New York City Mayor Eric Adams leaves the federal court after being charged with bribery and illegally soliciting a campaign contribution from foreign nationals, in New York City, U.S., October 2, 2024. Shannon Stapleton | Reuters New York City Mayor Eric Adams on Friday denied offering the Trump administration a quid pro quo deal in […]
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These Biden clean energy rules are top targets for Senate Republicans to roll back
Republican U.S. Senator John Thune (R-SD), who was elected to become the next Senate Majority Leader, speaks to the media after a U.S. Senate Republicans meeting to vote on leadership positions for the 119th Congress, on Capitol Hill in Washington, U.S., November 13, 2024. Leah Millis | Reuters WASHINGTON — Senate Majority Leader John Thune […]
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Here’s a potential winner from the Trump tariffs: American tourists traveling abroad
A customer at a food market in Palma, Mallorca, Spain. Andrey Rudakov/Bloomberg via Getty Images As economists ring alarm bells over the impact of President Donald Trump’s tariff policy on consumers and the U.S. economy, there’s a group of Americans who may benefit: tourists traveling abroad. That’s due to the impact of tariffs on the […]
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Dell shares pop on report of $5 billion deal for AI servers for Elon Musk’s xAI
Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Chesnot | Getty Images Dell shares jumped to a session high on Friday following a report saying Elon […]
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JD Vance criticizes European democracy, says greatest threat is ‘from within’
US Vice President JD Vance delivers his speech during the 61st Munich Security Conference (MSC) in Munich, southern Germany on February 14, 2025. Thomas Kienzle | Afp | Getty Images European leaders reeled Friday after U.S. Vice President JD Vance lambasted the continent’s democratic institutions, warning that its greatest threats came from internal factors. “The […]
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Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse
Workers picket in front of an Amazon Logistic Station on December 19, 2024 in Skokie Illinois. Scott Olson | Getty Images Italo Medelius-Marsano was a law student at North Carolina Central University in 2022, when he took a job at an Amazon warehouse near the city of Raleigh to earn some extra cash. The past […]
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Stocks making the biggest moves midday: Coinbase, Airbnb, WeRide, GameStop and more
Check out the companies making headlines in midday trading. Warner Music Group — The entertainment stock popped 3% following an upgrade at Citi to buy from neutral. Citi analyst Jason Bazinet said that Warner Music’s multiple is “far below” those of its peers. Roku – Shares popped nearly 14% after the streaming company reported fourth-quarter […]
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Tech stocks return to December ‘scene of the crime’, raising concern of another pullback, BTIG warns
Tech stocks could be in trouble as they approach levels not seen in nearly two months, according to BTIG chief market technician Jonathan Krinsky. The Invesco QQQ Trust, which tracks the Nasdaq-100 , on Thursday returned to its highest level since Dec. 18, the final day of the Federal Reserve’s December policy meeting. That day, […]
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Trump border czar warns Eric Adams not to violate ‘agreement’ as DOJ orders case dismissal
President Donald Trump’s border czar Thomas Homan, left, and New York Mayor Adams, right, and others, meeting in New York, Thursday, Feb. 13, 2025. Ed Reed | Office of the Mayor of New York via AP President Donald Trump’s border czar implicitly warned New York Mayor Eric Adams during a joint televised interview Friday to […]
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