Business

Carol Yepes/Getty Images (NEW YORK) — Billionaire entrepreneur Elon Musk launched an artificial intelligence company called xAI on Wednesday, vowing to develop a generative AI program that competes with established offerings like ChatGPT. The company employs some engineers who formerly worked for major companies in the field like Google and OpenAI, the xAI website said. […]

Catherine Falls Commercial/Getty Images (NEW YORK) — The founder of cryptocurrency lending platform Celsius Network was arrested Thursday on federal charges. Alexander Mashinsky founded Celsius in 2018 and positioned it as a stable, safe alternative to traditional financial institutions that would provide investors who held crypto assets financial freedom and economic opportunity. Instead, federal prosecutors […]

Marko Geber/Getty Images (NEW YORK) — First there was ” quiet quitting,” then there was ” quiet hiring,” and now the latest workplace trend is “loud quitting,” new data shows. Nearly 1 in 5, or 18%, of employees around the world are “actively disengaged” in their jobs, according to Gallup’s annual State of the Global […]

LPETTET/Getty Images (NEW YORK) — The Powerball jackpot is now an estimated $875 million for Saturday’s drawing, after no winners took home the big payday on Wednesday night. The jackpot for Wednesday night’s drawing was $750 million — the game’s sixth-largest prize ever. The winning numbers were 23, 35, 45, 66 and 67, and the […]

Mario Tama/Getty Images (LOS ANGELES) — The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) negotiating committee has voted unanimously to recommend a strike in a move that could incapacitate Hollywood productions. The major unions in Hollywood issued a joint statement Wednesday on their “unwavering support and solidarity” of SAG-AFTRA, including the Writers […]

Vittorio Zunino Celotto/Getty Images (NEW YORK) — The Walt Disney Company has announced that Bob Iger will remain CEO for two additional years, extending his contract through Dec. 31, 2026. The Walt Disney Company Board of Directors voted “unanimously” to extend Iger’s contract, seven months after he returned as CEO, the company said in a press […]

Mario Tama/Getty Images (LOS ANGELES) — The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) is expected to strike at midnight PT if a deal between the union and studios isn’t agreed upon, a move that could incapacitate Hollywood productions. The major unions in Hollywood issued a joint statement Wednesday on their “unwavering support […]

The Mendoza Family (NEW YORK) — Meet Madison! The 9-month-old has been named the 2023 Gerber “Spokesbaby” and winner of the baby food brand’s latest photo search contest, according to Gerber. In a press release, Gerber added that Maddie “fearlessly explores new foods.” Maddie’s parents say they’re excited to see Maddie grow up to be […]

LPETTET/Getty Images (NEW YORK) — The Powerball jackpot has grown to $750 million for Wednesday night’s drawing — the game’s sixth-largest prize ever. The top prize has a cash value of $378.8 million. The Powerball jackpot was last hit on April 19. There have been 35 consecutive drawings without a win since someone in Ohio […]