Business

(NEW YORK) — OpenAI CEO Sam Altman, whose company developed the widely used AI conversation program ChatGPT, warned federal lawmakers Tuesday that artificial intelligence could pose significant risks to the world if the technology goes wrong. “We understand that people are anxious about how it could change the way we live. We are, too. But we […]

(TALLHASSEE, Fla.) — PEN America, a nonprofit dedicated to protecting free expression, and Penguin Random House, one of the country’s largest book publishers, filed a lawsuit Wednesday targeting a Florida school district for removing certain books from the shelves of public school libraries. Authors and parents of children affected by the book bans in the Escambia […]

MediaNews Group/Reading Eagle via Getty Images (NEW YORK) — Oscar Mayer is rolling into a new era, changing the name of its iconic Wienermobile to the “Frankmobile.” The name change is the 27-foot-long hot dog vehicle’s first in nearly 100 years. Kraft Heinz, the parent company of the cold cut brand, said in a press […]

(WASHINGTON) — With time running short to address the debt ceiling or risk default ,President Joe Biden is cutting his upcoming foreign trip short amid the ongoing debt talks, a source familiar told ABC News Tuesday. Biden is set to depart Wednesday to meet with G-7 leaders in Japan, but will now travel back Sunday and […]

LUDOVIC MARIN/POOL/AFP via Getty Images (NEW YORK) — Billionaire Elon Musk blasted Jeffrey Epstein, who he referred to as a “dumb crook,” after he was subpoenaed as part of a lawsuit filed by the U.S. Virgin Islands against JPMorgan Chase & Co., which officials said “financially profited” from deposits made by Epstein. In its filing, […]

(WASHINGTON) — With time running short, President Joe Biden and congressional leaders will meet Tuesday afternoon to discuss the debt ceiling as Treasury Secretary Janet Yellen stressed a default could trigger a recession. Biden, House Speaker Kevin McCarthy, House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell will […]

(WASHINGTON) — Senators from both parties slammed former Silicon Valley Bank CEO Greg Becker at a hearing on Tuesday, accusing him of mismanagement that they say was fueled by short-term profits and the millions he stood to gain in compensation. In a particularly heated exchange, Sen. John Kennedy, R-La., excoriated Becker over the bank’s failure […]

Jorge Villalba/Getty Images (NEW YORK) — Parents on TikTok are spreading the word about Target’s lenient return policy that applies to over 45 of their private label brands, including their children’s clothing line Cat & Jack. TikTokker Sandra Puente shared a recent shopping trip to Target where she said she returned Cat & Jack items […]

(NEW YORK) — Vice Media, the youth-oriented publisher of prominent online outlets such as Vice and Motherboard, filed for bankruptcy on Monday, underscoring the fraught economic environment for digital media companies as economic growth slows and the advertising market softens. The group of sites, which includes food outlet Munchies and fashion news brand Refinery29, will […]

Tayfun Coskun/Anadolu Agency via Getty Images (NEW YORK) — Ex-NBCUniversal advertising executive Linda Yaccarino will take over as CEO of Twitter, Elon Musk said on Friday. Musk, who runs Tesla and Space X, said a day prior that he plans to transition to a role as executive chairman and chief technology officer. Yaccarino “will focus […]