Day: June 18, 2025
Sam Altman says Meta offered OpenAI staff $100 million bonuses, as Mark Zuckerberg ramps up AI poaching efforts
OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025. Justin Sullivan | Getty Images News | Getty Images Meta Platforms tried to poach OpenAI employees by offering signing bonuses as high as $100 million, with even larger annual compensation packages, OpenAI chief executive Sam Altman said. While Meta […]
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Stellantis’ Ram brand to offer industry-leading pickup truck warranty as part of turnaround plan
Dodge Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year as part of an 18-month turnaround plan for the Stellantis-owned brand. The warranty covers the engine, transmission, transfer […]
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General Mills to remove artificial colors from all its U.S. cereals and foods
Boxes of sugary cereal, including those from General Mills, fill a store’s shelves on April 16, 2025, in Miami, Florida. Joe Raedle | Getty Images General Mills said on Tuesday it would remove artificial colors from its full U.S. retail portfolio by the end of 2027. The Cheerios maker also said it would remove synthetic dyes from […]
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CNBC Daily Open: Trump’s social media posts crush hopes of an Israel-Iran ceasefire
U.S. President Donald Trump speaks to reporters aboard Air Force One after departing early from the the G7 summit in Canada to return to Washington, June 17, 2025. Kevin Lamarque | Reuters Hopes of a quick ceasefire between Israel and Iran were dashed by several social media posts from U.S. President Donald Trump. As he […]
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Japan exports fall at sharpest pace in 8 months as U.S. shipments plummet
Shipping container loads dock at Tokyo Bay. Japan is heavily reliant on exports (e.g., automobiles, electronics), faces risks from U.S. tariffs, especially on cars (a proposed 25% tariff during Trump’s first term was deferred but remains a concern). Higher tariffs could reduce Japan’s U.S. market access, increase consumer prices, and hurt GDP growth. However, Japan’s […]
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