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Business

Breaking

OpenAI Government Backstop Demand Sparks Outrage

Tamira Musgrave -
OpenAI CFO Sarah Friar triggered a wave of criticism this week after suggesting the company wanted the U.S. government to serve as a financial “backstop” for its infrastructure investments.
Breaking

Private Sector Adds Just 42,000 Jobs in October — Alarm Bells for Labor Market

American Faith -
The U.S. private sector added approximately 42,000 jobs in October — a positive rebound from September’s 29,000‑job loss, yet still modest.
Breaking

Bernie Moreno’s HIRE Act Sends Shockwaves Through India

Tamira Musgrave -
Sen. Bernie Moreno’s Halting International Relocation of Employment (HIRE) Act is drawing international backlash, particularly from India.
Breaking

Texas Surge: Wall Street Giants Flee NY for Lower Taxes, Bigger Growth

American Faith -
Financial service firms are increasingly moving major operations to the state of Texas, shifting away from the hub of Wall Street in New York.
Breaking

Michael Burry Bets $1B Against Nvidia & Palantir, AI Crash Incoming?

Tamira Musgrave -
Hedge‑fund legend Michael Burry, known for forecasting the 2008 housing‑market collapse, is betting big against two of the hottest names in tech: Nvidia and Palantir Technologies.
Breaking

Norway’s Mega Fund Slams Musk’s $1 Trillion Tesla Payout Plan

Tamira Musgrave -
In a dramatic move, Norway’s sovereign wealth fund—the world’s largest and a major Tesla shareholder.
Breaking

AI Push Drives Office Comeback: Why Companies Are Re‑In‑Office

American Faith -
Companies are expanding their office footprints as AI‑driven work models highlight the value of in‑person collaboration.
Breaking

Amazon Layoffs Blamed on Culture, Not AI?

Tamira Musgrave -
Amazon CEO Andy Jassy has downplayed the role of artificial intelligence in the company’s latest round of mass layoffs.
Breaking

Meta Stock Tanks After AI Spending Bombshell

Tamira Musgrave -
Meta is diving headfirst into the AI arms race, and Wall Street isn’t thrilled. Despite reporting record third-quarter revenue of $51.2 billion.
Breaking

Waymo CEO Admits Fatal Crashes Are Inevitable with Self-Driving Cars

Tamira Musgrave -
Waymo Co-CEO Tekedra Mawakana says society will accept the eventual deaths caused by self-driving cars as part of the cost of innovation.
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