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Back in 2016, the artificial intelligence maker OpenAI had just incorporated as a nonprofit and applied to the Internal Revenue Service for tax-exempt status. The application shows the vast distance … more
The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. Nonprofit tax experts have … more
British designer Kim Jones is stepping down from his role as artistic director of womenswear and couture at Fendi, parent group LVMH announced. Jones succeeded the late Karl Lagerfeld in designing … more
China's finance minister says the government is looking at additional ways to boost the economy, but he didn't unveil a major new stimulus plan at a news conference Saturday. Stock investors and … more
Republican presidential nominee Donald Trump promises the biggest deportation event the U.S. has ever seen if he is elected. Trump's plan is predicated, in part, on the notion that immigrants are … more
British Prime Minister Keir Starmer marks 100 days in office on Saturday with little cause for celebration. Starmer’s center-left Labour Party was elected by a landslide on July 4, sweeping back … more
TikTok has been aware that its design features are detrimental to its young users and that publicly touted tools aimed at limiting kids’ time on the site were largely ineffective. That's according … more
Residents in states hit by Hurricane Helene who had coverage through the federal flood insurance program but let it lapse before the storm hit may be able to renew it and still be covered from the … more
Oregon's Multnomah County, home to Portland, has added the state's largest natural gas utility to its $51.5 billion climate lawsuit against fossil fuel companies. The lawsuit, filed last year, … more
The U.S. on Friday announced new sanctions on Iran’s energy sector in response to its October 1 attack on Israel, firing roughly 180 missiles into the country. Iran said the barrage was retaliation … more
Fisher-Price is recalling parts of over 2 million infant swings across the U.S., Canada and Mexico. That's because of a serious suffocation risk following reports of five infant deaths. The U.S. … more
Two Georgia election workers have reached a settlement in their defamation lawsuit against a Missouri-based website that falsely accused them of fraud in the 2020 presidential election. Lawyers for … more
Italian lawmakers on Friday questioned the head of troubled French-Italian automaker Stellantis over the group’s strategy, one day after it announced a management shakeup in an effort to revive … more
Americans’ outlook on the economy soured a bit after two months of small gains, according to the University of Michigan’s consumer sentiment index, released Friday. The index slipped to 68.9 in … more
Relatives of passengers who died in Boeing Max crashes will tell a judge to throw out a plea agreement that they say is a sweetheart deal for Boeing. A federal judge in Texas will hear arguments over … more
Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake … more
Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tevares’ retirement and the departure of its chief … more
JPMorgan says its net income fell to $12.9 billion in the third quarter from $13.2 billion a year ago. However, the New York bank’s earnings per share rose to $4.37 from $4.33 because there are … more
Phones hold so much of our digital lives that if they ever get stolen or go missing, it can cause major disruption beyond just the loss of a device. There are steps you can take to make it less … more
Asian stocks were mixed on Friday as Chinese markets declined amid investors' attention on a key briefing about the details of the upcoming stimulus plan this weekend. U.S. futures rose while oil … more
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