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Investment slump deepens as divergence widens in second-biggest economy

Financial Times

China retail sales sink for first time since Covid - Financial Times

Soundtrack: In Flames - Colony
To further support my independent journalism, please subscribe to my premium newsletter. Its $7 a month or $70 a year. If youre subscribed to the free newsletter and l… [+4992 chars]

Soundtrack: In Flames - Colony

To further support my independent journalism, please subscribe to my premium newsletter. It’s $7 a month or $70 a year. If you’re subscribed to the free newsletter and logged in, you should see at the bottom right hand corner o…

Wheresyoured.at

Exclusive: OpenAI Losses Increased Nearly 8X in 2025, With Spending Hitting $34 Billion - Ed Zitron's Where's Your Ed At

<ul><li></li><li></li><li></li></ul>
Inside the fight over Claude Mythos 5
The government torpedoed Anthropics newest, most powerful model. Sources tell The Verge that the AI lab and other AI boost… [+12543 chars]

Anthropic received a US export control directive Friday “to suspend all access to Fable 5 and Mythos 5 by any foreign national,” kicking off a weekend of chaos.

The Verge

Inside the fight over Claude Mythos 5 - The Verge

Its clear that there has been a vibe shift in the Trump administration on AI, and the priorities have somewhat apparently shifted to first and foremost taking down Anthropic, said Adam Thierer, a sen… [+7362 chars]

New restrictions on Anthropic are causing industry advocates to worry the White House’s plan for a laissez-faire approach to the technology is crumbling.

Politico

Trump promised to bring order to AI oversight. That lasted 2 weeks. - Politico

Wall Street rallied today, with the Nasdaq climbing 3% and the Dow marking a record-high close after the United States and Iran struck a preliminary agreement to end the Middle East war and reopen th… [+4369 chars]

Wall Street rallied today, with the Nasdaq climbing 3% and the Dow marking a record-high close after the United States and Iran struck a preliminary agreement to end the Middle East war and reopen the Strait of Hormuz, leading to an easing of inflation fears …

Honolulu Star-Advertiser

Dow closes at record high as U.S.-Iran deal lifts stocks - Honolulu Star-Advertiser

Microsoft is turning to its biggest cloud rival, Amazon, to help address capacity issues on its GitHub coding platform following a series of AI-driven outages, according to two people familiar with t… [+3650 chars]

Microsoft is adding AWS capacity to GitHub after AI-driven growth strained infrastructure and triggered a series of reliability issues.

Business Insider

Microsoft is resorting to its biggest cloud rival to deal with GitHub AI capacity issues - Business Insider

The Wall Street Journal

Exclusive | GM in Talks to Supply Weapons Parts to Lockheed Martin - WSJ

Gas prices were easing as oil markets reacted to a preliminary peace deal between the U.S. and Iran that included reopening the Strait of Hormuz.
The national average price of gasoline dropped below… [+5499 chars]

Gas prices "rise like a rocket and fall like a feather." Here's when consumers can expect gas prices to go down.

Yahoo Entertainment

When will gas prices go down? What to know after Trump’s Iran deal. - Yahoo Finance

Fox Corp. agreed to acquire Roku Inc. in a deal with an enterprise value of about $22 billion, creating a new television juggernaut and marking a big push into ad-supported streaming. 
The deal will… [+380 chars]

Fox Corp. agreed to acquire Roku Inc. in a deal with an enterprise value of about $22 billion, creating a new television juggernaut and marking a big push into ad-supported streaming.

Bloomberg

Fox to Buy Roku at $22 Billion Value in Streaming Video Push - Bloomberg.com

For the first time in more than 25 years, the FDA has approved a new active ingredient for over-the-counter sunscreens. It clears the way for manufacturers to begin using bemotrizinol, or BEMT, an in… [+6862 chars]

For the first time in more than 25 years, the FDA has approved a new active ingredient for over-the-counter sunscreens. It clears the way for manufacturers to begin using bemotrizinol, or BEMT, an ingredient that's been used in Europe and Asia since the 1990s…

Dermatologist explains benefits of newly approved sunscreen ingredient - PBS

In SpaceX's case, appetite was exceptionally high. The underwriters, which included Goldman Sachs, Bank of America, and JPMorgan, exercised the option in full, purchasing an additional 83.3 million s… [+55 chars]

The company's listing raised $87.5bn, compared with the $75bn it was initially thought.

BBC News

SpaceX IPO raised $10bn more than thought - BBC

EXCLUSIVE: In a tough and rough election year for incumbents, Paramount’s $111 billion acquisition of Warner Bros Discovery has become a political football in California and across the nation.
Just … [+8423 chars]

In a tough election year for incumbents, Paramount’s $111B acquisition of WBD has become a political football in California and across the nation.

Deadline

Paramount-Warner Bros. Discovery Merger Has State AGs Seeing More Than Just Antitrust Issues - Deadline

MIAMI (AP) One of the main online platforms that Cubans living in the United States use to send money, food, and clothing to their relatives on the island is ceasing operations as the Trump administr… [+2410 chars]

A key platform that Cubans in the U.S. use to send money and goods to relatives in Cuba has stopped operations. This move by envioscuba.com comes as Trump administration sanctions aim to choke off international support for Cuba's government and people. The la…

Associated Press

Online portal used to send US deliveries to Cuba stops taking orders - AP News

The Colonel is making major changes to its menus, branding and restaurant design worldwide.
Crispy tenders and other boneless items paired with sauces from KFCs new global pantry, which includes mor… [+2300 chars]

The Colonel is making major changes to its menus, branding and restaurant design worldwide. Here’s what’s new: Dipped: Crispy tenders and other boneless items paired with sauces from KFC’s new global “pantry,” which includes more than 20 sauces ranging from m…

KTLA Los Angeles

KFC rolls out major global revamp with new menu, restaurant design, branding - KTLA

Chase this week announced new perks for its Sapphire Preferred credit card, and one of them is a complimentary one-year Apple TV streaming subscription.
To get the free year of Apple TV, which typic… [+1696 chars]

Chase this week announced new perks for its Sapphire Preferred credit card, and one of them is a complimentary one-year Apple TV streaming...

MacRumors

Chase Sapphire Preferred Card Introduces New Perk for Apple Customers - MacRumors

The USs emergency supply of crude oil has fallen to its lowest level since 1983 as the Trump administration moves toward completing its plan to release 172 million barrels to ease surging fuel prices… [+235 chars]

The US’s emergency supply of crude oil has fallen to its lowest level since 1983 as the Trump administration moves toward completing its plan to release 172 million barrels to ease surging fuel prices spurred by the war in Iran.

US Oil Reserve Hits 43-Year Low as Trump Aims to Tame Prices - Bloomberg

We work hard to make sure the communities in which we operate are better off because we're there. We do that by creating jobs with good pay and benefits, building responsibly, working with local cont… [+118 chars]

New commitments include funding for emergency services, a water stewardship project, and a new community gathering space enabled by data center investments.

Aboutamazon.com

Amazon strengthens its investment in Missouri to bring new community programs, new jobs, and hundreds of millions in tax revenue - About Amazon

US President Donald Trump, right, and Kevin Warsh, incoming chairman of the US Federal Reserve, during a swearing-in ceremony in the East Room of the White House in Washington, DC, US, on Friday, May… [+9202 chars]

New Fed Chair Kevin Warsh is expected to hold interest rates steady this week, but President Donald Trump’s trust gives him room to pursue longer-term changes.

CNBC

Trump trusts Fed Chair Kevin Warsh. It matters for more than interest rates - CNBC

Salesforce announced on Monday that it will acquire AI customer service platform Fin for $3.6 billion. Formerly known as Intercom, Fin offers an AI agent that can resolve customer queries across chan… [+1702 chars]

Salesforce says it wants to use Fin's team and technology to improve Agentforce, its existing enterprise platform that businesses can use to build custom AI agents that automate tasks.