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Sam Altman Returns as CEO of OpenAI

Bloomberg News reports that Sam Altman will rejoin OpenAI as the chief executive officer. He had just overcome an attempt of a boardroom coup,...

Nadella Wants Altman to Join Microsoft’s AI Department

Bloomberg News reports that on Monday, the chief executive officer of Microsoft, Satya Nadella, signaled that he would be okay if Sam Altman joined...

In Roundup Case, Monsanto Ordered to Pay $1.5 Billion

Bloomberg News reported that the Missouri jury directed Bayer AG’s unit in Monsanto to pay $1.5 billion. The jury asked the company to pay...

Biden Signs Bill, Gearing Up for 2024 Budget Battle

Bloomberg News reports that a stopgap bill was signed by President Joe Biden so that he could extend government funds that would be carried...

Powell Says Fed to Be Careful, Else Will Raise Rates

Bloomberg News reports that Jerome Powell, the Chair Thursday, said that the central bank will be open to raising the interest rates in the...

Mortgage Rate for 30-year in US Drops by Most in a Year

Bloomberg News reports that the average 30-year mortgage rate plummeted last week by a figure. It is the most in more than 24 months....

WeWork’s $47 Billion Standout and Bankruptcy

Bloomberg News reports that WeWork, a flexible workspace service provider, filed for bankruptcy Monday. The company was plagued with surging debts and is incurring...

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