News

OpenAI says it can't supply as much AI as people want - so it's making a change
In a letter Monday announcing OpenAI's plans to stay under control of a nonprofit organization, Chief Executive Sam Altman said the company "currently cannot supply nearly as much AI as the world ...
The student-loan trend that's 'alarming' lenders: Even borrowers with great credit scores are falling behind
But new data indicate that millions more borrowers are struggling to stay current. And if the trend continues, the number of borrowers behind on their payments may only increase. There's a lot of ...
Ford puts a number on its profit hit from Trump's tariffs and halts guidance
Ford Motor Co. late Monday pulled its 2025 guidance, citing significant near-term risks, and said it expects a tariff hit of about $1.5 billion for the year as U.S. automakers continue to grapple with ...
Utilities Down, But Not by Much, Amid Defensive Bias — Utilities Roundup
Shares of power producers fell, but not by as much as the broad market, as traders sought out defensive areas.
Tech Slides as Tariff Fears Linger — Tech Roundup
Shares of technology companies fell as fears about tariffs lingered. Apple shares continued a recent slide, falling 3.3% to $198.55. The Silicon Valley giant stands to lose market share in China, ...
Alberta Says Referendum on Separation From Canada Possible Next Year
OTTAWA--The premier of the resource-rich Canadian province of Alberta said it will hold a referendum next year that could include a vote on whether to separate from Canada.
Financials Down as Fed Hopes Fade — Financials Roundup
Shares of banks and other financial institutions fell as hopes for multiple rate cuts this year faded somewhat. Spanish lender Banco Santander agreed to sell most of its Polish assets to Austria's ...
Consumer Cos Down as Traders Reverse Rate Bets — Consumer Roundup
Consumer companies fell as traders reversed bets that the Federal Reserve would soon intervene to cut interest rates.
Uber, WeRide Expand Partnership to 15 More Cities
Uber Technologies and autonomous driving company WeRide have expanded their partnership to 15 additional cities over the next five years. The companies said Monday the partnership, which offers WeRide ...
Health Care Down on Mixed Earnings — Health Care Roundup
Health-care companies ticked down amid mixed fortunes for the sector. BioCryst Pharmaceuticals shares surged after the biotech firm said it would turn a profit in 2025, a year earlier than anticipated ...
S&P/TSX Composite Index Ends 0.31% Lower at 24953.52 — Data Talk
The S&P/TSX Composite Index is down 77.99 points or 0.31% today to 24953.52 --Largest one-day point and percentage decline since Monday, April 21, 2025 ...
The next potential weapon in Trump's battle with Harvard: raising the tax levied on its $53 billion endowment
The tax-code overhaul of 2017 slapped a 1.4% tax on certain endowments, including Harvard's. Some Republican lawmakers have been pushing for a far steeper tax on endowments as they negotiate tax ...